Japan contact lens market is anticipated
to grow with an impressive CAGR in the forecast period, FY2023-FY2027. The
market is expected to grow with the projected cumulative annular growth rate on
the account of surge in the demand of trendy eyewear. Moreover, rapidly increasing
geriatric population of the country is also driving the growth of the Japan
contact lens market in the upcoming five years. The number of patients
suffering from eye diseases, and thus fading vision is rapidly increasing due
to various factors and supporting the growth of the Japan contact lens market
in the next five years. Moreover, rising disposable income among the younger
population of the country is also aiding the growth of the Japan contact lens
market in the future five years. Additionally, rising instances of diseases
like myopia, hypermetropia, astigmatism, presbyopia, and other ocular disorders
is further substantiating the growth of the Japan contact lens market in the
forecast years, until FY2027. Furthermore, social media, and global fashion
trends are popularizing the use of colorful contact lenses, thereby influencing
the consumers to opt for the product even if they have a perfect eyesight, is
also aiding the growth of the Japan contact lens market in the forecast period.
of Japan contact lens market are based on material type, design, wear type,
application, distribution channel, regional distribution, and competitional
landscape. Based on material type, the market is further bifurcated into silicone
hydrogel, hydrogel, gas permeable, and others. Silicone hydrogel material used
in the construction of contact lens provides better comfort is more flexible
and gives an elegant look to the wearer. These factors are driving the growth
of the sub-segment such that silicon hydrogel material registers higher revenue
shares of the Japan contact lens market and aiding it to dominate the market
segment in the upcoming five years. Moreover, hybrid material where silicone
hydrogel and gas permeable material both are used, has the best properties of
both the material and is thus expected to register fastest growing CAGR in the
next five years.
Some of the top players in the Japan contact
lens market is Hoya Corporation, Menicon Co., Ltd., SEED Co., Ltd., AISEI Co.,
Ltd., Bauch + Lomb Japan, Alcon Japan Ltd., CooperVision Japan, Inc., Johnson
& Johnson Japan, Carl Zeiss Vision Japan Co., Ltd., among others. Major
market players are actively dedicated in the research and development of the
advanced products such that the consumer’s demand could be fulfilled.
Consistent research ensures the future launches for the better products and
services. With rapidly surging demand for the advanced products, the new market
entrants would be able to establish their brand and thus their market-place.
Other strategies include collaborations and partnerships with the pre-existing
market players or the research institutes such that government funding can be
availed for the product development.
Years considered for this report:
Historical Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2027
Objective of the Study:
analyze the historical growth of the
market size of Japan contact lens market from FY2017 to FY2020.
estimate and forecast the market size of Japan contact lens market from FY2021
to FY2027 and growth rate until FY2027.
- To classify and
forecast Japan contact lens market based on material type,
design, wear type, application, distribution channel, regional
distribution, and competitional landscape.
- To identify dominant region or segment in the Japan contact lens market.
identify drivers and challenges for Japan contact lens market.
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Japan contact lens market.
- To identify and analyze the profile
of leading players operating in Japan contact lens market.
- To identify key sustainable strategies adopted by market players in
Japan contact lens market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and across the country. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufactures which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufactures, distribution channels and presence of all
major players across the country.
TechSci Research calculated the market size of Japan contact lens market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
- Contact lens manufacturers, end users, and other stakeholders
- Distributers and suppliers of Contact lens and other stakeholders
- Organizations, forums and alliances related to contact lens
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
In this report, Japan contact lens market has been segmented into
following categories, in addition to the industry trends which have also been
- Japan Contact Lens
Market, By Material Type:
- Silicone Hydrogel
- Gas permeable
- Japan Contact Lens Market, By Design:
- Japan Contact Lens Market, By Wear
- Japan Contact Lens Market, By Application:
- Japan Contact Lens Market, By Distribution
- Retail Stores
- Hospitals & Clinics
- Japan Contact Lens Market, By Region:
- Hokkaido & Tohoku
analysis of the major companies present in Japan contact lens market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Japan Contact lens Market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]
- Detailed analysis and profiling of
additional market players (up to five).