- Daily Wear
Middle East and Africa Contact Lens Market size was valued at USD 489.87 million in 2021 and is expected to reach USD 623.25 million by 2028, at a CAGR of 3.5% during the forecast period 2022 to 2028. The increased use of contact lenses for the treatment of a variety of eye-related problems, such as hypermetropia/hyperopia, astigmatism, and presbyopia, is creating economic opportunities around the world. Furthermore, the market is expected to be fueled by the rising prevalence of vision impairments among the world's elderly population. Anti-refractive and scratch-resistant contact lenses are being developed by contact lens manufacturers. Furthermore, these goods are gaining popularity because of their capacity to give ultraviolet protection, providing customers with a high-quality therapeutic experience and comfort. As a result of these reasons, there has been a noticeable increase in the use of contact lenses, which is helping to expand the market. In the Middle East and Africa contact lens market, a rise in the trend of participating in outdoor activities is producing sales opportunities. These goods are increasingly being used for cosmetic and aesthetic purposes, in addition to their traditional function as refractive lenses. As a result, the rise in the popularity of wearing contact lenses for cosmetic purposes is expected to increase market sales growth over the projection period. This report studies Middle East and Africa Contact Lens Market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Middle East and Africa Contact Lens Market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Middle East and Africa Refrigerants market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities).
Fastest Growing Market
Middle East and Africa Contact Lens Market DRIVERS : Growing visual impairments and a need for proper vision have fueled the demand for eyeglasses. Digital technology such as computers, smartphones, video games, and other mobile gadgets are becoming increasingly important to millennials. They are more likely to acquire eye problems as a result of using these devices for extended periods of time. Smart eyewear, such as reading spectacles with LED lights, has begun to be developed so that users can continue to read even if the power goes out. As a result, the eyewear industry has grown substantially throughout time, with more innovations expected in the years ahead. As a result of technology breakthroughs, new advancements in eyewear goods have begun to accelerate.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.