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Asia Pacific Contact Lenses Market Size
- Report ID: GMI12069
- Published Date: Oct 2024
- Report Format: PDF
Asia Pacific Contact Lenses Market Size
Asia Pacific contact lenses market was valued at USD 4.5 billion in 2023 and is estimated to grow at a CAGR of over 3.2% from 2024 to 2032. The contact lens market in the Asia-Pacific region is witnessing significant growth, driven by rising disposable incomes and urbanization in countries like China, Japan, and India.
As more people move to urban areas with better healthcare access, the demand for corrective and cosmetic contact lenses has increased. This urban migration is accompanied by a growing awareness of vision health, with many consumers preferring contact lenses for their convenience over traditional eyeglasses.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Asia Pacific Contact Lenses Market Size in 2023: | USD 4.5 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 3.2% |
| 2032 Value Projection: | USD 5.9 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 49 |
| Segments covered: | Product Type, Product, Material, Design, Usage, Distribution Channel, Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Another factor contributing to the growth of the Asia-Pacific contact lens market is the high prevalence of myopia (near-sightedness) in East Asian countries. Myopia rates are particularly high among younger demographics in countries like China, South Korea, and Japan, where heavy digital screen use is common. As a result, the demand for corrective lenses, especially daily and monthly disposable lenses, continues to rise.
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Asia Pacific Contact Lenses Market Scope
