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

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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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