CHICAGO , Nov. 29, 2022 /PRNewswire/ — According to Arizton’s latest research report, the particular progressive lenses market will grow at a CAGR of 4. 37% from 2022-2027. The demand for eye care products is continually increasing with the growing prevalence associated with visual dysfunctions in developed and developing countries.
Earlier, the acceptance and need for progressive lenses were majorly concentrated in developed countries such as the US, Japan , the UK, Germany , and France . However , developing Asian countries such as India and China are witnessing a high requirement for modern lenses due to the expanding target population along with refractive error, visual impairment eye disorders, and aggressive retail optical stores marketing campaigns.
Progressive lenses are usually complex multifocal lenses that require complex measurements. Therefore, patients prefer direct-to-doctor communication to place direct orders for progressive lenses through online channels. However, every eyewear segment is vastly increasing its sales through e-commerce platforms. The integration of virtual showrooming with online systems allows users to try products online and redefines the shopping experience. Also, virtual “try-before-you-buy” experiences enable eyewear specialists to offer traditional in-store retail experiences online and reduce the frequency of returns. Similar options can also be given through 3D images plus mimicking the showroom on the internet. Research-online-purchase-offline and research-offline-purchase-online are other emerging trends wherein there has been an impeccable integration between online plus offline stations to offer maximum convenience in order to consumers.
Most vendors started using the doctor-directed process to increase the particular sales of their progressive lens in the global market. This doctor-directed process offers proved to be the tremendous success for opticians that specialize in selling intensifying lenses.
Intensifying Lenses Marketplace Report Scope
Report Attributes |
Details |
Market Size (2027) |
USD 39 Billion |
Marketplace Size (2021) |
USD 30 Billion |
CAGR (2022-2027) |
4. 37 % |
Base Year |
2021 |
Forecast Year |
2022-2027 |
Market Segmentation |
Material, Applications, Age Group, Distribution Channel, and Geography |
Geographic Analysis |
North America, Europe, APAC, Latin America, and Middle East & Africa |
Countries Covered |
China, The japanese, India, South Korea, Australia, The US, Canada, Germany, Italy, The U. K., Italy, Spain, Brazil, Mexico, Argentina, Turkey, Saudi Arabia, plus South Africa |
|
|
Market Dynamics |
Introduction of Hi-Tech Contact Lenses, Increasing Usage of Silicone Hydrogel Contact Lenses, Paradigm Shift Towards Premium Priced and Cosmetic Lenses, Technological Advancements in the Contact Lens, Increasing Product Launches, and Growing Target Population |
Competitive Landscape |
The particular business overview, product offerings, key strategies, key strengths, and key opportunities |
Companies Profiled in the particular Report |
ZEISS, EssilorLuxottica, HOYA, Shamir, BBGR, Fielmann, Indo Optical SLU, JIANGSU HONGCHEN OPTICAL, Leica Eyecare, Nikon Optical, Optimum R. X. Group, Optiswiss, optoVision, Prime Lenses, Rodenstock, RUPP & HUBRACH GLASSES, Seiko Optical Products, Shanghai Conant Optics, Signet Armorlite, Tokai Optic, Vision Ease, Yash Optical technologies and Lens, Younger Optics |
Page number |
321 |
Customization Request |
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To make the most of the opportunities, marketplace vendors should focus more on the particular growth prospects in the fast-growing segments while maintaining their positions within the slow-growing segments . Request for free sample statement now: https://www.arizton.com/request-sample/3563
Evolution of 3D-printed Progressive Lenses
In recent years, THREE DIMENSIONAL printing is changing the way eyewear is designed and manufactured. 3D Printing is revolutionizing several industries, including the particular global modern lenses market. Also, 3D printing technology has opened new avenues for eyewear manufacturers that offer accelerating lenses. Printing technology is an unique platform with regard to manufacturers of progressive lenses to increase their production volume. Moreover, 3D technologies enables manufacturers to eliminate 30+ conventional processes to manufacture more efficient plus customized products.
3D printing technology can also be used to create overly complex structures and, in some cases, designs that would have been unattainable without THREE DIMENSIONAL printing due to limitations associated along with conventional manufacturing processes. This technology will be increasingly being used in the eyeglasses industry in order to produce 3D-printed eyewear. It opens a wide range of possibilities for creating completely 3D-printed eyewear frames.
Vendors furthermore look forward to establishing new subsidiaries and signing distribution/sales partnerships with regional vendors plus M& As to enhance their geographical footprint and global customer base. One of the most significant mergers witnessed in the vision care industry recently was the merger of two major vendors, Luxottica and Essilor. Together, these 2 companies formed EssilorLuxottica plus increased their own market share significantly. Brand identity determines initial and repeated customer purchases in created markets. Vendors often resort to building a strong brand portfolio that is usually deeply connected to customers. This is definitely one of the reasons regarding the surge in collaborations between conventional eyeglass producers and fashion houses to launch co-branded offerings. Further, there has been increased strategic cooperation between these players to achieve a more comprehensive geographical presence or strengthen their particular product and customer portfolios.
Key Suppliers Profiled in the Statement
- ZEISS
- EssilorLuxottica
- HOYA
- Shamir
- BBGR
- Fielmann
- Indo Optical SLU
- JIANGSU HONGCHEN OPTICAL
- Leica Eyecare
- Nikon Optical
- Optimum R. X. Team
- Optiswiss
- optoVision
- Prime Lens
- Rodenstock
- RUPP & HUBRACH GLASSES
- Seiko Optical Products
- Shanghai Conant Optics
- Signet Armorlite
- Tokai Optical
- Vision Ease
- Yash Optics plus Lens
- Younger Optics
MARKET SEGMENTATION
Material
- Polycarbonate
- Plastic
- Others
Programs
- Myopia
- Presbyopia
- Hyperopia
- Astigmatism
Age Group
- 60 & Above
- thirty To 60
- Below 30
Distribution Channel
- Optical Retail Stores
- Eye Care Clinics
- Hospitals
- Online Stores
Learn more about the additional trends impacting the particular future associated with the market and the positive and negative consequences on the businesses , Download the free Sample Report .
DEMOGRAPHIC SHIFT IN APAC REGION TO BOOST THE PROGRESSIVE LENSES MARKET DEMAND.
European countries dominates the global progressive lens market with a market share of around 30. 70%. In the European region, there has been a significant boost in presbyopia patients requiring lens correction or treatment, and it is estimated to grow during the forecast period. The awareness among ophthalmologists inside Europe can be lower compared to the market like the United States . Increasing awareness regarding new products and advancements will enhance the adoption of sophisicated lenses within the region.
The APAC region is certainly the 2 nd largest marketplace in the particular global progressive lenses market and is projected to grow at a CAGR of five. 97%. The region is witnessing rapid growth in the aging population. The population above 65 years is set to increase by more than two-fold, from 547 million inside 2016 in order to nearly 1 . 3 billion by 2050. Such a demographic shift will accompany a high demand for developing lenses.
The united states ranks third in the worldwide progressive lenses market. United states has the presence of all major vendors in the market. A few vendors also maintain their company-operated retail stores in this region to sustain their presence and increase their profitability. For instance, EssilorLuxottica, one of the key suppliers in the particular global intensifying lenses marketplace, operates store stores under LensCrafters plus Pearle Eyesight in North America .
Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- North America
- The particular U. S.
- North america
- Europe
- Germany
- France
- The U. K.
- Italy
- Spain
- Latin The united states
- Brazilian
- Mexico
- Argentina
- Middle East & Africa
- Turkey
- Saudi Arabia
- S. africa
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Table associated with Content
1 RESEARCH METHODOLOGY
two RESEARCH OBJECTIVES
3 STUDY PROCESS
four SCOPE & COVERAGE
4. 1 MARKET DEFINITION
4. one 1 INCLUSIONS
4. 1 ) 2 EXCLUSIONS
4. 1 . 3 MARKETPLACE ESTIMATION CAVEATS
4. 2 BASE YEAR
4. 3 SCOPE OF THE STUDY
4. 3. one MARKET BY MATERIAL SEGMENTATION
4. 3. 2 MARKET BY APPLICATION SEGMENTATION
four. 3. a few MARKET SIMPLY BY AGE GROUP SEGMENTATION
4. 3. four MARKET BY DISTRIBUTION CHANNEL SEGMENTATION
4. 3. five MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
five. 1 KEY CAVEATS
5. 2 CURRENCY CONVERSION
five. 3 MARKET PLACE DERIVATION
6 MARKET AT A GLANCE
seven PREMIUM INSIGHTS
8 INTRODUCTION
8. 1 OVERVIEW
9 MARKET OPPORTUNITIES & TRENDS
nine. 1 EVOLUTION OF 3D-PRINTED PROGRESSIVE LENS
9. two ADVANCES IN PROGRESSIVE LENS TECHNOLOGIES
9. 3 FOCUS ON OMNICHANNEL DISTRIBUTION APPROACH
10 MARKET GROWTH ENABLERS
10. 1 HIGH PREVALENCE OF REFRACTIVE ERRORS
ten. 2 RISE IN EXPOSURE IN ORDER TO DIGITAL CONTENT & CVS
10. three or more PUBLIC AND PRIVATE INITIATIVES TO INCREASE VISION CARE AWARENESS
11 MARKET RESTRAINTS
eleven. 1 LIMITATIONS OF PROGRESSIVE LENSES
11. 2 RISE IN LASIK PROCEDURES FOR VISION CORRECTION
11. several EMERGENCE OF SMART CONTACT LENSES
12 MARKET LANDSCAPE
twelve. 1 MARKETPLACE OVERVIEW
12. 2 MARKET SIZE & FORECAST
twelve. 2. one GEOGRAPHY INFORMATION
12. 2 . 2 MATERIAL SEGMENTATION IDEAS
12. second . 3 APPLICATIONS SEGMENTATION OBSERVATIONS
12. 2 . 4 AGE GROUP SEGMENTATION INSIGHTS
12. second . 5 DISTRIBUTION CHANNEL SEGMENTATION INSIGHTS
12. 3 FIVE FORCES ANALYSIS
12. 3 or more. 1 THREAT OF NEW ENTRANTS
twelve. 3. 2 BARGAINING POWER OF SUPPLIERS
12. 3. 3 BARGAINING POWER ASSOCIATED WITH BUYERS
12. 3. four THREAT OF SUBSTITUTES
twelve. 3. 5 COMPETITIVE RIVALRY
thirteen MATERIAL
13. 1 MARKET SNAPSHOT & DEVELOPMENT ENGINE
13. 2 MARKETPLACE OVERVIEW
thirteen. 3 POLYCARBONATE
13. a few. 3 POLYCARBONATE SEGMENT SIMPLY BY GEOGRAPHY
13. 4 PLASTIC
13. five OTHERS
14 SOFTWARE
14. 1 MARKET SNAPSHOT & GROWTH ENGINE
14. two MARKET SUMMARY
14. three or more MYOPIA
fourteen. 4 PRESBYOPIA
14. 4. 3 PRESBYOPIA SEGMENT BY GEOGRAPHY
14. 5 HYPEROPIA
14. 5. 3 HYPEROPIA SEGMENT SIMPLY BY GEOGRAPHY
fourteen. 6 ASTIGMATISM
14. 6. 3 ASTIGMATISM SEGMENT BY GEOGRAPHY
15 AGE GROUP
15. a few 60 & ABOVE
15. 3. several 60 & ABOVE SEGMENT BY LOCATION
15. four 30 TO 60
fifteen. 4. 3 or more 30 IN ORDER TO 60 SECTION BY GEOGRAPHY
15. five BELOW thirty
15. 5. 3 BELOW 30 PORTION BY LOCATION
16 DISTRIBUTION ROUTE
sixteen. 1 MARKETPLACE SNAPSHOT & GROWTH MOTOR
16. 2 MARKET REVIEW
16. three or more OPTICAL RETAIL STORES
16. 3 or more. 3 OPTIC RETAIL STORES SEGMENT SIMPLY BY GEOGRAPHY
16. 4 EYECARE CLINICS
sixteen. 4. 3 EYECARE CLINICS SEGMENT BY GEOGRAPHY
16. 5 HOSPITALS
16. five. 3 PRIVATE HOSPITALS SEGMENT SIMPLY BY GEOGRAPHY
sixteen. 6 ONLINE STORES
16. 6. a few ONLINE SHOPS SEGMENT BY GEOGRAPHY
17 GEOGRAPHY
17. 1 MARKET SNAPSHOT & GROWTH ENGINE
17. two GEOGRAPHIC OVERVIEW
18 EUROPE
eighteen. 3 ESSENTIAL COUNTRIES
18. 3. one GERMANY : MARKET SIZE & FORECAST
18. three or more. 2 UK: MARKET DIMENSION & FORECAST
18. 3. 3 FRANCE : MARKETPLACE SIZE & FORECAST
eighteen. 3. 4 SPAIN : MARKET SIZE & FORECAST
18. a few. 5 ITALY : MARKET SIZE & FORECAST
19 APAC
nineteen. 3 KEY COUNTRIES
19. 3. 1 CHINA : MARKET DIMENSION & PREDICTION
19. 3 or more. 2 INDIA : MARKETPLACE SIZE & FORECAST
nineteen. 3. 3 JAPAN : MARKET SIZE & OUTLOOK
19. a few. 4 SOUTH KOREA : MARKET DIMENSION & PREDICTION
19. three or more. 5 AUSTRALIA : MARKET SIZE & FORECAST
20 NORTH AMERICA
20. 3 IMPORTANT COUNTRIES
twenty. 3. one US: MARKETPLACE SIZE & FORECAST
20. 3. 2 CANADA : MARKET SIZE & FORECAST
21 LATIN AMERICA
21. three or more KEY COUNTRIES
21. 3 or more. 1 BRAZIL : MARKET SIZE & FORECAST
twenty one. 3. two MEXICO : MARKET DIMENSION & PREDICTION
21. 3. 3 ARGENTINA : MARKETPLACE SIZE & FORECAST
22 MIDDLE EAST & AFRICA
22. 3 CRUCIAL COUNTRIES
twenty two. 3. 1 TURKEY : MARKET SIZE & FORECAST
22. a few. 2 SOUTH AFRICA : MARKET SIZE & FORECAST
22. 3. several SAUDI ARABIA : MARKETPLACE SIZE & FORECAST
23 COMPETITIVE LANDSCAPE
23. one COMPETITION SUMMARY
23. 2 MARKET SHARE ANALYSIS
23. 2 . 1 ZEISS
twenty three. second . two ESSILORLUXOTTICA
23. 2 . 3 or more HOYA
twenty three. second . four SHAMIR
24 ESSENTIAL COMPANY PROFILES
24. one ZEISS
24. 1. 1 BUSINESS OVERVIEW
24. one 2 PRODUCT OFFERINGS
24. one. 3 KEY STRATEGIES
24. 1 ) 4 KEY STRENGTHS
24. 1. 5 KEY OPPORTUNITIES
twenty-four. 2 ESSILORLUXOTTICA
24. 3 HOYA
twenty four. 4 SHAMIR
25 OTHER PROMINENT VENDORS
25. one BBGR
twenty five. 1 . 1 BUSINESS REVIEW
25. one. 2 PRODUCT OFFERINGS
25. 2 FIELMANN
25. a few INDO OPTICAL SLU
twenty five. 4 JIANGSU HONGCHEN OPTIC
25. 5 LEICA EYECARE
25. six NIKON OPTICAL
25. 7 OPTIMUM RX GROUP
25. 8 OPTISWISS
25. nine OPTOVISION
twenty five. 10 PRIME LENSES
25. 11 RODENSTOCK
25. 12 RUPP & HUBRACH EYEGLASSES
25. thirteen SEIKO OPTIC PRODUCTS
twenty five. 14 SHANGHAI CONANT OPTICS
25. 15 SIGNET ARMORLITE
25. sixteen TOKAI OPTICAL
25. seventeen VISION EASE
25. 18 YASH OPTICAL TECHNOLOGIES AND ZOOM LENS
25. 19 YOUNGER OPTICS
26 REPORT SUMMARY
twenty six. 1 IMPORTANT TAKEAWAYS
26. 2 STRATEGIC RECOMMENDATIONS
27 QUANTITATIVE SUMMARY
27. 1 MARKET SIMPLY BY MATERIAL
27. one EUROPE BY MATERIAL SEGMENTATION
27. 1. 2 APAC BY MATERIALS SEGMENTATION
twenty-seven. 1 ) three or more NORTH AMERICA SIMPLY BY MATERIAL SEGMENTATION
27. one. 4 LATIN AMERICA BY MATERIAL SEGMENTATION
27. 1. 5 CENTER EAST & AFRICA SIMPLY BY MATERIAL SEGMENTATION
27. two MARKET BY APPLICATION
27. 2 . one EUROPE SIMPLY BY APPLICATION SEGMENTATION
27. 2. 2 APAC BY PROGRAM SEGMENTATION
twenty-seven. second . three or more THE UNITED STATES BY APPLICATION SEGMENTATION
27. two. 4 LATINA AMERICA SIMPLY BY APPLICATION SEGMENTATION
27. 2. 5 MIDDLE EAST & AFRICA BY APPLICATION SEGMENTATION
27. several MARKET SIMPLY BY AGE BRACKET
27. 3. 1 EUROPE BY AGE GROUP SEGMENTATION
27. 3 or more. 2 APAC BY AGE GROUP SEGMENTATION
27. 3. 3 UNITED STATES BY AGE BRACKET SEGMENTATION
twenty-seven. 3. four LATIN THE UNITED STATES BY AGE GROUP SEGMENTATION
27. 3. five LATIN AMERICA BY AGE BRACKET SEGMENTATION
twenty-seven. 4 MARKET BY SUBMISSION CHANNEL
27. 4. one EUROPE SIMPLY BY DISTRIBUTION STATION SEGMENTATION
twenty-seven. 4. two APAC BY DISTRIBUTION CHANNEL SEGMENTATION
27. 4. a few NORTH THE UNITED STATES BY DISTRIBUTION CHANNEL SEGMENTATION
27. 4. 4 LATIN AMERICA SIMPLY BY DISTRIBUTION ROUTE SEGMENTATION
twenty-seven. 4. 5 MIDDLE EAST & AFRICA BY SUBMISSION CHANNEL SEGMENTATION
27. five MARKET BY GEOGRAPHY
27. 5. 1 POLYCARBONATE SEGMENT BY LOCATION
27. 5. 2 PLASTIC MATERIAL SEGMENT SIMPLY BY GEOGRAPHY
twenty-seven. 5. three or more OTHERS SECTION BY GEOGRAPHY
27. five. 4 MYOPIA SEGMENT BY GEOGRAPHY
27. 5. 5 PRESBYOPIA PORTION BY LOCATION
27. five. 6 HYPEROPIA SEGMENT SIMPLY BY GEOGRAPHY
twenty-seven. 5. seven ASTIGMATISM SEGMENT BY GEOGRAPHY
27. 5. 8 sixty & ABOVE SEGMENT BY GEOGRAPHY
27. 5. 9 30 TO 60 SECTION BY LOCATION
twenty-seven. 5. 10 BELOW 30 SEGMENT SIMPLY BY GEOGRAPHY
27. five. 11 OPTIC STORES PORTION BY GEOGRAPHY
27. 5. twelve EYE CARE CLINICS SEGMENT BY LOCATION
twenty-seven. 5. 13 HOSPITALS SECTION BY GEOGRAPHY
27. 5. 14 ONLINE STORES PORTION BY LOCATION
28 APPENDIX
28. one ABBREVIATIONS
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