Product Code: ETC074008 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom (UK) Contact Lenses market currently, in 2023, has witnessed an HHI of 1221, Which has decreased slightly as compared to the HHI of 1915 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Kingdom (UK) Contact Lenses Market is a growing segment within the eyewear industry, driven by factors such as increasing prevalence of vision-related issues, rising awareness about eye health, and a growing aging population. The market is characterized by a wide range of products including daily disposables, monthly disposables, toric lenses for astigmatism, and multifocal lenses for presbyopia. Key players in the UK contact lenses market include major international brands like Johnson & Johnson, Alcon, and Bausch + Lomb, as well as smaller niche players offering specialty lenses. Online retail channels are gaining popularity, providing consumers with convenience and competitive pricing. With advancements in technology leading to more comfortable and innovative contact lens options, the UK contact lenses market is expected to continue its growth trajectory in the coming years.
The United Kingdom`s Contact Lenses Market is experiencing several key trends. One notable trend is the increasing popularity of daily disposable contact lenses, driven by factors such as convenience and hygiene. Another significant trend is the growing demand for colored contact lenses as a fashion accessory, particularly among younger consumers. Additionally, the market is seeing a rise in the adoption of contact lenses for correcting various vision conditions, including myopia and astigmatism. Online sales of contact lenses are also on the rise, offering consumers a convenient way to purchase and replenish their lenses. Overall, these trends indicate a shifting consumer preference towards more convenient, customizable, and fashion-forward contact lens options in the UK market.
In the United Kingdom (UK) Contact Lenses Market, several challenges are faced by industry players. One significant challenge is the increasing competition from online retailers offering discounted prices and convenience, leading to pricing pressures for traditional brick-and-mortar stores. Additionally, the regulatory environment in the UK, including strict guidelines on prescription requirements and advertising standards, poses challenges for market expansion and advertising strategies. Moreover, consumer preferences shifting towards daily disposable lenses and advancements in technology leading to more innovative products require companies to continuously invest in research and development to stay competitive. Lastly, the impact of the COVID-19 pandemic has disrupted supply chains and caused fluctuations in demand, creating uncertainty for market players in terms of inventory management and forecasting.
The United Kingdom`s contact lenses market offers several investment opportunities for growth and innovation. With an increasing number of individuals opting for contact lenses over traditional eyeglasses, there is a growing demand for various types of lenses, including daily disposables, colored lenses, and specialty lenses for astigmatism and presbyopia. Investment in research and development to create advanced, comfortable, and convenient contact lens technologies can be lucrative. Additionally, there is a rising trend towards online purchasing of contact lenses, providing opportunities for e-commerce platforms and digital marketing strategies. Partnerships with optometrists and eye care professionals for distribution and promotion can also help tap into the expanding customer base. Overall, the UK contact lenses market presents diverse avenues for investment and growth in meeting the evolving needs of consumers.
The UK government regulates the contact lenses market primarily through the Medicines and Healthcare products Regulatory Agency (MHRA) and the General Optical Council (GOC). Contact lenses are classified as medical devices, and manufacturers must comply with strict safety and quality standards set by the MHRA. The GOC oversees the professional conduct of optometrists and ensures that contact lenses are prescribed and fitted correctly. Additionally, the Advertising Standards Authority (ASA) monitors marketing and advertising practices in the industry to protect consumers from misleading claims. The UK government aims to promote competition, innovation, and consumer safety in the contact lenses market through these regulatory bodies and policies.
The United Kingdom contact lenses market is expected to witness steady growth in the coming years, driven by factors such as increasing awareness about eye health, rising prevalence of vision problems, and advancements in technology leading to the development of innovative contact lens products. The growing adoption of contact lenses as a convenient and effective vision correction option, especially among the younger population, is also contributing to market expansion. Additionally, the rising trend of cosmetic contact lenses for fashion purposes is further fueling market growth. However, challenges such as intense competition among key players and regulatory hurdles may impact market dynamics. Overall, the UK contact lenses market is projected to experience moderate yet sustained growth in the foreseeable future.
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 United Kingdom (UK) Contact Lenses Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Contact Lenses Market - Industry Life Cycle |
3.4 United Kingdom (UK) Contact Lenses Market - Porter's Five Forces |
3.5 United Kingdom (UK) Contact Lenses Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 United Kingdom (UK) Contact Lenses Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 United Kingdom (UK) Contact Lenses Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 United Kingdom (UK) Contact Lenses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 United Kingdom (UK) Contact Lenses Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 United Kingdom (UK) Contact Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of vision problems and eye disorders in the UK population |
4.2.2 Growing awareness about the benefits of using contact lenses over traditional eyeglasses |
4.2.3 Technological advancements leading to the development of more comfortable and convenient contact lens options |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the contact lenses market |
4.3.2 Competition from alternative vision correction methods such as laser eye surgery |
4.3.3 Economic uncertainty impacting consumer spending on non-essential items like contact lenses |
5 United Kingdom (UK) Contact Lenses Market Trends |
6 United Kingdom (UK) Contact Lenses Market, By Types |
6.1 United Kingdom (UK) Contact Lenses Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Material, 2018 - 2027F |
6.1.3 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Gas Permeable, 2018 - 2027F |
6.1.4 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Silicone Hydrogel, 2018 - 2027F |
6.1.5 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Hybrid, 2018 - 2027F |
6.2 United Kingdom (UK) Contact Lenses Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Spherical, 2018 - 2027F |
6.2.3 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Toric, 2018 - 2027F |
6.2.4 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Multifocal, 2018 - 2027F |
6.2.5 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United Kingdom (UK) Contact Lenses Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Corrective, 2018 - 2027F |
6.3.3 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Therapeutic, 2018 - 2027F |
6.3.4 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Cosmetic, 2018 - 2027F |
6.3.5 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Prosthetic, 2018 - 2027F |
6.3.6 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Lifestyle-oriented, 2018 - 2027F |
6.4 United Kingdom (UK) Contact Lenses Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By E-commerce, 2018 - 2027F |
6.4.3 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Eye Care Practitioners, 2018 - 2027F |
6.4.4 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Retail, 2018 - 2027F |
6.5 United Kingdom (UK) Contact Lenses Market, By Usage |
6.5.1 Overview and Analysis |
6.5.2 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Daily Disposable, 2018 - 2027F |
6.5.3 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Disposable, 2018 - 2027F |
6.5.4 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Frequently Replacement, 2018 - 2027F |
6.5.5 United Kingdom (UK) Contact Lenses Market Revenues & Volume, By Traditional, 2018 - 2027F |
7 United Kingdom (UK) Contact Lenses Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Contact Lenses Market Export to Major Countries |
7.2 United Kingdom (UK) Contact Lenses Market Imports from Major Countries |
8 United Kingdom (UK) Contact Lenses Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) in the contact lenses market |
8.2 Number of new product launches and innovations in contact lens technology |
8.3 Rate of adoption of contact lenses among different age groups in the UK |
9 United Kingdom (UK) Contact Lenses Market - Opportunity Assessment |
9.1 United Kingdom (UK) Contact Lenses Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 United Kingdom (UK) Contact Lenses Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 United Kingdom (UK) Contact Lenses Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Kingdom (UK) Contact Lenses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 United Kingdom (UK) Contact Lenses Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 United Kingdom (UK) Contact Lenses Market - Competitive Landscape |
10.1 United Kingdom (UK) Contact Lenses Market Revenue Share, By Companies, 2021 |
10.2 United Kingdom (UK) Contact Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |