| Product Code: ETC049924 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India`s optical lenses import market in 2024 saw a significant presence of top exporting countries such as China, Thailand, Philippines, Mexico, and Vietnam. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a strong compound annual growth rate (CAGR) of 11.48% from 2020 to 2024, there was a slight decline in growth rate in 2024 at -11.06%. This data suggests a dynamic and competitive market environment, with potential opportunities for market players to explore in the coming years.

The Optical Lenses market in India is expected to register a CAGR of 8.5% over the forecast period (2025-2031). The growth of optical lenses in India is mainly due to the increasing eye care awareness, rising geriatric population coupled with increasing disposable income and growing demand for cosmetic lens among youngsters. Additionally, technological advancements such as single vision aspheric lenses have further driven the sales of optical lenses market across the globe including India. Furthermore, rapid urbanization has also led to an increase in lifestyle-related diseases that are associated with eyes leading to higher demand for corrective eyewear solutions that use optical lenses. Moreover, government initiatives and policies have improved access to basic eye care facilities at lower cost which has contributed significantly towards increased adoption rate of corrective glasses using optical lenses .
Increasing Eye Care Awareness: Rising awareness about eye related health issues and need for regular checkups has propelled growth in usage of optical leneses for correcting common refractive errors such as myopia or hypermetropia which include short & far sightedness. This factor coupled with availability of comprehensive range optials leneses from various brands have resulted into substantial rise in demand for these products across all age groups thereby driving overall revenue generation within this sector during forecast period 2025-2031 . Rapid Urbanisation : With increasing development activities , there exists large untapped potential within rural areas which has resulted into gradual shift towards urbanization among individuals thus resulting into high prevalence rate related ocular problems like astigmatism , cataract amongst others .This factor alongwith expansion strategy adopted by several MNCs providing affordable spectacles frames having customized optics lense support systems has led to surge int he usage rates thereby facilitating steady growth prospects within this industry segment ovr teh fcast period.
High Cost Associated With Advanced Optics Lens Technologies : The advanced technologies used while manufacturing premium quality optics lens involves significant investment on part fo producers thus resulting into their high pricing structure making it unaffordable particularly among low income consumers located at rural regions where majority population lies below poverty line strata .This cost constraint acts one major restraint tht curtails its extensive adoptability restricting signifcant share od revenue generated during the fcast peiod 2o2q - 2031
Some prominent players operatingin Indian opticslens market include Essilor International SA
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Optical Lenses Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Optical Lenses Market Revenues & Volume, 2021 & 2031F |
3.3 India Optical Lenses Market - Industry Life Cycle |
3.4 India Optical Lenses Market - Porter's Five Forces |
3.5 India Optical Lenses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Optical Lenses Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Optical Lenses Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Optical Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and vision problems |
4.2.2 Growing prevalence of eye disorders and conditions |
4.2.3 Technological advancements in optical lenses manufacturing |
4.3 Market Restraints |
4.3.1 High cost associated with specialized optical lenses |
4.3.2 Limited access to quality eye care services in rural areas |
4.3.3 Presence of counterfeit or substandard optical lenses in the market |
5 India Optical Lenses Market Trends |
6 India Optical Lenses Market, By Types |
6.1 India Optical Lenses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Optical Lenses Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Optical Lenses Market Revenues & Volume, By Converging, 2021-2031F |
6.1.4 India Optical Lenses Market Revenues & Volume, By Diverging, 2021-2031F |
6.2 India Optical Lenses Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Optical Lenses Market Revenues & Volume, By Microscopy, 2021-2031F |
6.2.3 India Optical Lenses Market Revenues & Volume, By Laser Processing, 2021-2031F |
6.2.4 India Optical Lenses Market Revenues & Volume, By Imaging, 2021-2031F |
6.2.5 India Optical Lenses Market Revenues & Volume, By Ophthalmic, 2021-2031F |
6.3 India Optical Lenses Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India Optical Lenses Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.3 India Optical Lenses Market Revenues & Volume, By Life Sciences, 2021-2031F |
6.3.4 India Optical Lenses Market Revenues & Volume, By Defense, 2021-2031F |
6.3.5 India Optical Lenses Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.6 India Optical Lenses Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.7 India Optical Lenses Market Revenues & Volume, By Others, 2021-2031F |
7 India Optical Lenses Market Import-Export Trade Statistics |
7.1 India Optical Lenses Market Export to Major Countries |
7.2 India Optical Lenses Market Imports from Major Countries |
8 India Optical Lenses Market Key Performance Indicators |
8.1 Average selling price of optical lenses |
8.2 Adoption rate of advanced optical lens technologies |
8.3 Number of eye care professionals per capita |
9 India Optical Lenses Market - Opportunity Assessment |
9.1 India Optical Lenses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Optical Lenses Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Optical Lenses Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Optical Lenses Market - Competitive Landscape |
10.1 India Optical Lenses Market Revenue Share, By Companies, 2024 |
10.2 India Optical Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |