China Contact Lenses Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC648 | Last Updated On: Feb 16 2021 | No. of Pages: 180 | Available Formats

> China Contact Lenses Market Expected to reach a high CAGR By 2027: DataM Intelligence

China Contact Lenses Market is segmented By Product Type (Hard contact lenses (Conventional hard lenses (PMMA), Rigid gas-permeable (RGP) lenses), Soft (silicone hydrogel) (Daily-wear lenses, Extended-wear lenses, Disposable lenses (Daily-wear disposable lenses, Extended-wear disposable lenses)), Others), By Design (Spherical, Toric, Multifocal, Cosmetic, Monovision, Others), By Distribution channel (Hospitals & clinics, Retail stores, Online Stores, Optical Stores, Independent Brand Showrooms, Others), and By Region – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The China Contact Lenses Market is expected to grow at a high CAGR during the forecasting period (2020-2027).

Rising number of consumers who pursue healthy lifestyles, is contributing to the increase in the use of disposable contact lenses, especially in tier one and tier two cities of China.

To motivate consumers to change from frequent placement lenses and conventional lenses to daily disposable lenses, brands have been increasing their promotional activities.

However, with the development of internet retailing, increased consumerawareness and communication by online eyewear retailers that assures people of the safety of contact lenses and solutions sold online, the value share of contact lenses sold through optical shops is threatened by the rise of online eyewear retailers. The proportion of contact lenses and solutions sold through internet retailing continues to rise year-on-year.

Some of the companies having their presence in the China contact lenses market are Shanghai Weicon Co, Ciba Vision Corp, Johnson & Johnson, Shanghai Hydron Contact Lens Optics Co, and Bausch & Lomb.

Acuvue: In China, this brand by Johnson & Johnson offers anti-UV rays contact lens as well as colored contact lenses in at least five colors.

Ciba Vision: Ciba Vision, Novartis AG’s vision care business, offers a range of products including Focus DAILIES contact lens and the AOSEPT PLUS solution for contact lens, which are known for their excellent anti-bacterial properties and suitability to sensitive eyes.

Bausch+Lomb: Since entering the Chinese market in 1988, the brand has set up five companies in China. In the Chinese market, it offers an array of products from regular contact lens to colored contact lens and other vision care products. The company is the first ISO-certified contact lens supplier in China.

By Distribution Channel , the China contact lenses is segmented into Hospitals & clinics, Retail stores, Online Stores, Optical Stores, Independent Brand Showrooms, and Others.

In 2019, retail stores accounted for the largest share of the contact lenses market, followed by hospitals & clinics and e-commerce.

The large share of retail stores can be attributed to rising disposable income and the demand for cosmetic contact lenses.

Moreover, these stores dispense OTC daily wear disposable contact lenses, resulting in a higher sales volume.

In 2016, the retail sales value of contact lenses amounted to around 6.56 billion yuan in China, up from about 6.12 billion yuan in the 2015.

The retail channel of contact lenses has begun to see new experimentation with e-commerce.

In China, there presently exist four major retail channels for contact lenses, including branded chains, medical institutions, eyewear bargain supermarkets and traditional optical shops.

Some of the major chains include Daguangming, Maochang Glasses, Baodao Optical, Ming Long Optical, and LensCrafters.

In recent years, however, a rising generation of e-shoppers has encouraged the development of online business in the contact lenses market. Online outlets such as Sigo, Yichao, and Kede have gained increasing attention and display promising prospects

 

 

Table of Contents

  1.   China Contact Lenses Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2.   China Contact Lenses Market – Market Definition and Overview

  3.   China Contact Lenses Market – Executive Summary

    1. Market Snippet by Product
    2. Market Snippet by Application
    3. Market Snippet by Design
    4. Market Snippet by Distribution Channel
    5. Market Snippet by Region
  4.   Acute Lymphocytic Leukemia Therapeutics  Market – Market Dynamics

    1. Market Impacting Factors
    2. Drivers
    3. Restraints
    4. Opportunity
    5. Impact Analysis
  5.   China Contact Lenses Market – Industry Factors

    1. Porter's Five Forces Analysis
    2. Porter’s Five Force Analysis
    3. Regulatory Analysis
    4. Supply Chain Analysis
    5. Pricing Analysis
    6. Product Development
    7. Unmet Needs
  6.   China Contact Lenses Market – Industry COVID-19 Analysis

    1. Porter's Five Forces Analysis
    2. Analysis of Covid-19 on the Market*
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    3. Pricing Dynamics Amid Covid-19
    4. Demand-Supply Spectrum
    5. Government Initiatives Related to the Market During Pandemic
    6. Manufacturers Strategic Initiatives
    7. Conclusion
  7. China Contact Lenses Market – By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type Segment
      2. Market Attractiveness Index, By Product Type  Segment
    2. Hard contact lenses *
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2027 and Y-o-Y Growth Analysis (%), 2020-2027
      3. Conventional hard lenses (PMMA)
      4. Rigid gas-permeable (RGP) lenses
    3. Soft (silicone hydrogel)
      1. Daily-wear lenses
      2. Extended-wear lenses
      3. Disposable lenses
        1. Daily-wear disposable lenses
        2. Extended-wear disposable lenses
    4. Others
  8. China Contact Lenses Market – By Design

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Design
      2. Market Attractiveness Index, By Design
    2. Spherical *
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2027 and Y-o-Y Growth Analysis (%), 2020-2027
    3. Toric
    4. Multifocal
    5. Cosmetic
    6. Monovision
    7. Others
  9.  China Contact Lenses Market – By Distribution channel

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution channel
      2. Market Attractiveness Index, By Distribution channel
    2. Hospitals & clinics *
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2027 and Y-o-Y Growth Analysis (%), 2020-2027
    3. Retail stores  
    4. Online Stores  
    5. Optical Stores
    6. Independent Brand Showrooms
    7. Others
  10.   China Contact Lenses Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  11.   China Contact Lenses Market- Company Profiles

    1. Bausch & Lomb, Inc.*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Shanghai Hydron Contact Lens Optics Co. Ltd.
    3. Johnson & Johnson, Inc.
    4. Ciba Vision Corp.
    5. Shanghai Weicon Co. Ltd
    6. Others
  12.   China Contact Lenses Market – Premium Insights
  13.   China Contact Lenses Market – DataM
    1. Appendix
    2. About Us and Services
    3. Contact Us

 

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