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Europe Contact Lenses Market Share

Report ID: GMI12179
Published Date: Nov 2024
Report Format: PDF

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Europe Contact Lenses Market Share

The market is fragmented, with prominent players, such as Johnson & Johnson Vision Care, Alcon (Novartis), Bausch + Lomb, The Cooper Companies, Inc. (CooperVision), EssilorLuxottica holding a market share of 25-30%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Europe Contact Lenses Market Companies

Major players operating in the Europe contact lenses industry include:

Alcon (Novartis)
Avizor
Bausch + Lomb
BenQ Materials Corporation
Carl Zeiss
Clearlab International
EssilorLuxottica
Hoya Corporation
Johnson & Johnson Vision Care
Mark’ennovy Personalized Care
Menicon
NeoVision
PEGAVISION Corporation
PolyVue
Safilens
The Cooper Companies, Inc. (CooperVision)

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The Europe contact lenses industry was valued at USD 5.5 billion in 2023 and is estimated to grow at a CAGR of over 3.4% from 2024 to 2032, driven by increasing consumer preference for contact lenses over traditional eyewear.

Rigid gas permeable lenses dominated the market in 2023, generating revenue exceeding USD 4.9 billion with a CAGR of 3.4%, due to their superior oxygen permeability and durability compared to soft lenses.

The U.K. contact lens market generated substantial revenue of USD 1.4 billion in 2023 and is expected to reach USD 2 billion by 2032, driven by a rise in vision disorders, particularly myopia, due to increased screen time and digital device usage.

Major players in the Europe contact lenses industry include Alcon (Novartis), Avizor, Bausch + Lomb, BenQ Materials Corporation, Carl Zeiss, Clearlab International, EssilorLuxottica, Hoya Corporation, Johnson & Johnson Vision Care, and Mark’ennovy Personalized Care.