| Product Code: ETC8831840 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Peru continues to witness a significant influx of toric soft contact lenses import shipments in 2024, with top exporters including China, Lao People`s Dem. Rep., USA, Philippines, and Thailand. The market displays a high concentration with a sustained high Herfindahl-Hirschman Index (HHI) in 2024. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at an impressive 12.35%, indicating a robust upward trajectory. Furthermore, the growth rate from 2023 to 2024 surged by 15.98%, underscoring the increasing demand and market expansion for toric soft contact lenses in Peru.

The Peru Toric Soft Contact Lenses Market is showing steady growth driven by increasing awareness about eye health and the rising prevalence of astigmatism. Toric lenses are specifically designed to correct astigmatism, a common refractive error. The market is characterized by a competitive landscape with key players such as Johnson & Johnson, Bausch + Lomb, and Alcon dominating the market. Factors such as technological advancements in contact lens materials, growing disposable income, and the increasing adoption of contact lenses for cosmetic purposes are contributing to the expansion of the market. Additionally, the growing aging population and the rise in eye-related disorders are expected to further boost market growth in Peru. Marketing strategies focused on product innovation, affordability, and convenience are crucial for companies to capture a larger share of the market.
In the Peru Toric Soft Contact Lenses Market, one of the current trends is the increasing demand for silicone hydrogel toric lenses due to their superior comfort and breathability. Another trend is the rise in popularity of daily disposable toric lenses, driven by the convenience they offer to users. Opportunities in the market include expanding the product offerings to cater to a wider range of astigmatism corrections and investing in marketing strategies to raise awareness among consumers about the benefits of toric soft contact lenses. Additionally, partnerships with eye care professionals and optometrists can help in promoting the adoption of toric lenses among individuals with astigmatism, thereby driving market growth in Peru.
In the Peru Toric Soft Contact Lenses Market, several challenges are faced, including limited awareness and education about astigmatism and the need for toric lenses among consumers. Additionally, the market may face difficulties in terms of affordability and accessibility of toric lenses, as they are typically more expensive than regular soft contact lenses. Distribution and availability of a wide range of toric lens options in various prescriptions and brands could also be a challenge, impacting the choices available to consumers. Moreover, competition from other vision correction methods such as glasses and refractive surgery adds to the complexity of the market landscape. Overcoming these challenges would require targeted marketing efforts to raise awareness, affordability initiatives, and partnerships to expand distribution channels.
The Peru Toric Soft Contact Lenses market is primarily driven by factors such as the rising prevalence of astigmatism among the population, increasing awareness about eye health and vision correction, and advancements in contact lens technology. The growing adoption of contact lenses as a convenient and comfortable alternative to traditional eyeglasses, especially among young adults and professionals, is also fueling the demand for toric soft contact lenses in Peru. Additionally, the expanding middle-class population with higher disposable incomes and the availability of a wide range of toric lens options from both domestic and international manufacturers are contributing to the market growth. Moreover, the increasing focus on aesthetics and cosmetic appeal among consumers is expected to further drive the demand for toric soft contact lenses in Peru.
Government policies in Peru related to the Toric Soft Contact Lenses Market primarily focus on ensuring consumer safety and regulatory compliance. The regulatory body overseeing medical devices, including contact lenses, is the General Directorate of Medicines, Supplies, and Drugs (DIGEMID). Contact lenses must be registered with DIGEMID to be legally marketed in Peru, and they are classified as medical devices requiring strict quality control measures. Additionally, there are guidelines in place to ensure that contact lenses are prescribed by qualified eye care professionals to prevent misuse and potential harm to consumers. Import and distribution of contact lenses are also subject to import regulations and tariffs by the National Superintendence of Customs and Tax Administration (SUNAT) to monitor market entry and maintain fair competition among suppliers.
The future outlook for the Peru Toric Soft Contact Lenses Market appears to be positive, driven by factors such as increasing awareness about eye health, rising prevalence of astigmatism, and advancements in technology leading to more comfortable and effective toric soft contact lenses. The market is expected to witness steady growth as more consumers opt for contact lenses for vision correction purposes. Additionally, the growing disposable income levels and changing lifestyle patterns in Peru are likely to further boost the demand for toric soft contact lenses. Market players are also focusing on product innovation and expanding their distribution networks to tap into the growing market opportunity. Overall, the Peru Toric Soft Contact Lenses Market is anticipated to experience healthy growth in the coming years.
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 Peru Toric Soft Contact Lenses Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Toric Soft Contact Lenses Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Toric Soft Contact Lenses Market - Industry Life Cycle |
3.4 Peru Toric Soft Contact Lenses Market - Porter's Five Forces |
3.5 Peru Toric Soft Contact Lenses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Peru Toric Soft Contact Lenses Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Peru Toric Soft Contact Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of toric soft contact lenses for astigmatism correction |
4.2.2 Growing prevalence of astigmatism among the population in Peru |
4.2.3 Technological advancements leading to more comfortable and customizable toric soft contact lenses |
4.3 Market Restraints |
4.3.1 High cost associated with toric soft contact lenses compared to regular contact lenses |
4.3.2 Limited availability of specialized eye care professionals for fitting toric lenses in remote areas of Peru |
5 Peru Toric Soft Contact Lenses Market Trends |
6 Peru Toric Soft Contact Lenses Market, By Types |
6.1 Peru Toric Soft Contact Lenses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Conventional Hydrogel Material, 2021- 2031F |
6.1.4 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Highly Breathable Silicone Hydrogel, 2021- 2031F |
6.2 Peru Toric Soft Contact Lenses Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.2.3 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Optical Shop, 2021- 2031F |
6.2.4 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 Peru Toric Soft Contact Lenses Market Revenues & Volume, By Others, 2021- 2031F |
7 Peru Toric Soft Contact Lenses Market Import-Export Trade Statistics |
7.1 Peru Toric Soft Contact Lenses Market Export to Major Countries |
7.2 Peru Toric Soft Contact Lenses Market Imports from Major Countries |
8 Peru Toric Soft Contact Lenses Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of toric soft contact lenses among astigmatism patients |
8.2 Number of new product launches and innovations in the toric soft contact lenses market |
8.3 Average time taken for fitting toric soft contact lenses for patients in different regions of Peru |
9 Peru Toric Soft Contact Lenses Market - Opportunity Assessment |
9.1 Peru Toric Soft Contact Lenses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Peru Toric Soft Contact Lenses Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Peru Toric Soft Contact Lenses Market - Competitive Landscape |
10.1 Peru Toric Soft Contact Lenses Market Revenue Share, By Companies, 2024 |
10.2 Peru Toric Soft Contact Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |