Australia Contact Lenses Market Size & Outlook, 2024-2030

The contact lenses market in Australia is expected to reach a projected revenue of US$ 516.7 million by 2030. A compound annual growth rate of 10.9% is expected of Australia contact lenses market from 2025 to 2030.
Revenue, 2024 (US$M)
$278.5
Forecast, 2030 (US$M)
$516.7
CAGR, 2025 - 2030
10.9%
Report Coverage
Australia

Australia contact lenses market highlights

  • The Australia contact lenses market generated a revenue of USD 278.5 million in 2024 and is expected to reach USD 516.7 million by 2030.
  • The Australia market is expected to grow at a CAGR of 10.9% from 2025 to 2030.
  • In terms of segment, silicone hydrogel was the largest revenue generating material in 2024.
  • Silicone Hydrogel is the most lucrative material segment registering the fastest growth during the forecast period.


Contact lenses market data book summary

Market revenue in 2024USD 278.5 million
Market revenue in 2030USD 516.7 million
Growth rate10.9% (CAGR from 2025 to 2030)
Largest segmentSilicone hydrogel
Fastest growing segmentSilicone Hydrogel
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGas Permeable, Silicone Hydrogel, Hybrid Lens


Other key industry trends

  • In terms of revenue, Australia accounted for 1.4% of the global contact lenses market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan contact lenses market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 886.8 million by 2030.

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Australia contact lenses market size, by material, 2018-2030 (US$M)

Australia Contact Lenses Market Outlook Share, 2024 & 2030 (US$M)

Australia contact lenses market size, by material, 2018-2030 (US$M)

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