Vietnam Contact Lenses Market Size & Outlook, 2023-2030
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Vietnam contact lenses market highlights
- The Vietnam contact lenses market generated a revenue of USD 53.4 million in 2023 and is expected to reach USD 122.9 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating distribution channel in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Contact lenses market data book summary
| Market revenue in 2023 | USD 53.4 million |
| Market revenue in 2030 | USD 122.9 million |
| Growth rate | 12.6% (CAGR from 2024 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
| Key market players worldwide | Johnson & Johnson, Alcon Inc, Bausch & Lomb Corp, ZEISS Group, The Cooper Companies Inc, Essilorluxottica, Hoya Corp, S&W Seed Co, Staar Surgical Co, SynergEyes, Contamac, Medennium, X-Cel Specialty Contacts |
Other key industry trends
- In terms of revenue, Vietnam accounted for 0.3% of the global contact lenses market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China 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 1,600.1 million by 2030.
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Contact Lenses Market Scope
Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Medennium | View profile | 11-50 | Irvine, California, United States, North America | https://medennium.com |
| SynergEyes | View profile | 251-500 | Carlsbad, California, United States, North America | http://www.synergeyes.com |
| Contamac | View profile | 101-250 | Saffron Walden, Essex, United Kingdom, Europe | https://www.contamac.com/ |
| X-Cel Specialty Contacts | View profile | 51-100 | Duluth, Georgia, United States, North America | https://www.xcelspecialtycontacts.com |
| S&W Seed Co | View profile | 153 | 2101 Ken Pratt Boulevard, Suite 201, Longmont, CO, United States, 80501 | https://www.swseedco.com |
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| Staar Surgical Co | View profile | 1115 | 25651 Atlantic Ocean Drive, Lake Forest, CA, United States, 92630 | https://www.staar.com |
| ZEISS Group | View profile | 10001+ | Oberkochen, Baden-Wurttemberg, Germany, Europe | http://www.zeiss.com |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Essilorluxottica | View profile | 200000 | 147, Rue de Paris, Charenton-Le-Pont, Paris, France, 94220 | https://www.essilorluxottica.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Vietnam contact lenses market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contact lenses market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 69.48% in 2023. Horizon Databook has segmented the Vietnam contact lenses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- Vietnam Contact Lenses Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- E-commerce
- Others
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Our clientele includes a mix of contact lenses market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam contact lenses market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Vietnam contact lenses market size, by distribution channel, 2018-2030 (US$M)
Vietnam Contact Lenses Market Outlook Share, 2023 & 2030 (US$M)
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