| Product Code: ETC8851917 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The soft contact lens import market in the Philippines continues to thrive, with South Korea, Malaysia, Singapore, Indonesia, and Japan emerging as key exporting countries in 2024. The market concentration, as measured by the HHI, has intensified significantly from 2023 to 2024, indicating a highly competitive landscape. Despite a slight dip in growth rate from 2023 to 2024, the impressive compound annual growth rate (CAGR) of 38.76% over the period 2020-2024 underscores the strong demand for soft contact lenses in the Philippines. This trend highlights opportunities for market players to capitalize on the growing market potential.

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 Philippines Soft Contact Lens Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soft Contact Lens Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soft Contact Lens Market - Industry Life Cycle |
3.4 Philippines Soft Contact Lens Market - Porter's Five Forces |
3.5 Philippines Soft Contact Lens Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Soft Contact Lens Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Philippines Soft Contact Lens Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and vision correction |
4.2.2 Growing prevalence of eye disorders like myopia and astigmatism |
4.2.3 Technological advancements in soft contact lens materials and designs |
4.3 Market Restraints |
4.3.1 Lack of affordability among a significant portion of the population |
4.3.2 Limited access to eye care professionals and optometrists |
4.3.3 Cultural preferences favoring traditional eyewear over contact lenses |
5 Philippines Soft Contact Lens Market Trends |
6 Philippines Soft Contact Lens Market, By Types |
6.1 Philippines Soft Contact Lens Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soft Contact Lens Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Soft Contact Lens Market Revenues & Volume, By Daily Wear Contacts Lens, 2021- 2031F |
6.1.4 Philippines Soft Contact Lens Market Revenues & Volume, By Extended Wear Contacts Lens, 2021- 2031F |
6.1.5 Philippines Soft Contact Lens Market Revenues & Volume, By Toric Contacts Lens, 2021- 2031F |
6.1.6 Philippines Soft Contact Lens Market Revenues & Volume, By Colored (Tinted) Contacts Lens, 2021- 2031F |
6.1.7 Philippines Soft Contact Lens Market Revenues & Volume, By Decorative (Cosmetic) Contacts Lens, 2021- 2031F |
6.1.8 Philippines Soft Contact Lens Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Soft Contact Lens Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soft Contact Lens Market Revenues & Volume, By Hospital, 2021- 2031F |
6.2.3 Philippines Soft Contact Lens Market Revenues & Volume, By E-Commercial Stores, 2021- 2031F |
6.2.4 Philippines Soft Contact Lens Market Revenues & Volume, By Ophthalmic Diagnoses Center, 2021- 2031F |
6.2.5 Philippines Soft Contact Lens Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Soft Contact Lens Market Import-Export Trade Statistics |
7.1 Philippines Soft Contact Lens Market Export to Major Countries |
7.2 Philippines Soft Contact Lens Market Imports from Major Countries |
8 Philippines Soft Contact Lens Market Key Performance Indicators |
8.1 Percentage of population with access to eye care services |
8.2 Adoption rate of innovative soft contact lens technologies |
8.3 Number of educational campaigns promoting the benefits of soft contact lenses |
8.4 Average age of soft contact lens users |
8.5 Percentage of population with uncorrected refractive errors |
9 Philippines Soft Contact Lens Market - Opportunity Assessment |
9.1 Philippines Soft Contact Lens Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Soft Contact Lens Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Philippines Soft Contact Lens Market - Competitive Landscape |
10.1 Philippines Soft Contact Lens Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soft Contact Lens Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |