The outlook for contact lenses in Australia is positive, driven by daily disposable lenses. On the other hand, demand for frequent replacement lenses and conventional lenses is set to decline over the forecast period, thus leading to declining value sales (at constant 2024 prices) of contact lens solutions, weakening their position as a lucrative and worthwhile investment for producers.
Accelerated by the pandemic and greater move online, e-commerce continues to gain share in terms of distributing contact lenses in Australia. Once they enter the category, consumers gradually gain information on alternative ways to purchase, following a visit to a professional optometrist and obtaining their prescription and associated care and advice on which products are most suitable.
Specsavers has a significant presence in the local market. It has developed a wide physical network of stores around Australia and, at the same time, a popular website, which has helped it maintain its strength as a distribution channel.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Contact Lenses and Solutions industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Contact Lenses and Solutions
Contact lenses and Solutions is the aggregate of contact lenses and contact lens solution.
See All of Our DefinitionsThis report originates from Passport, our Contact Lenses and Solutions research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!