Glasses & Contacts Wholesaling in the US - Industry Market Research Report

Glasses & Contacts Wholesaling in the US - Industry Market Research Report

  • September 2021 •
  • 41 pages •
  • Report ID: 565551 •
  • Format: PDF
Blurry vision: Growing external competition and increased operating expenses are expected to hinder industry growth

Abstract

Glasses & Contacts Wholesaling in the US
Glasses and Contacts Wholesaling industry revenue growth over the five years to 2019 is a result of favorable economic conditions. As per capita disposable income has increased during the five-year period, consumers were more able and willing to purchase eyeglasses and sunglasses. In addition, the number of adults aged 50 and older is expected to increase during the same period, bolstering demand for eyewear accordingly. The industry will continue to benefit from the growing incidence of age-related eye problems, such as macular degeneration, which will continue to drive consumer demand for prescription eyewear. However, the industry will have to contend with growing external competition and increased operating expenses, such as rising wages.

Operators in this industry sell eyeglasses, contact lenses, sunglasses, eyeglass frames and reading glasses to eye care professionals and retailers. This industry also includes distributors that resell professional equipment and instruments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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