Product Code: ETC074039 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Contact Lenses market currently, in 2023, has witnessed an HHI of 3599, Which has decreased slightly as compared to the HHI of 3787 in 2017. The market is moving towards concentrated. 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 contact lenses market in the United Arab Emirates (UAE) has experienced significant growth, driven by factors such as the country`s high prevalence of vision-related issues, a growing aging population, and increasing awareness and acceptance of contact lenses as a preferred vision correction option. Contact lenses are thin, transparent lenses placed directly on the eye`s surface to correct refractive errors and provide vision correction without the need for traditional eyeglasses. The UAE modern lifestyle, fashion-conscious population, and advancements in contact lens technology have been key drivers for the demand for contact lenses in the country. Additionally, the presence of a well-developed healthcare infrastructure and an extensive network of optical stores and eye care professionals contribute to the market`s expansion.
Several factors drive the demand for contact lenses in the UAE. Firstly, the high prevalence of refractive errors, such as myopia (nearsightedness) and hyperopia (farsightedness), among the UAE population has created a substantial market for vision correction solutions. Contact lenses offer a convenient and cosmetically appealing alternative to eyeglasses, appealing to individuals seeking visual clarity without altering their appearance. Secondly, the UAE young and fashion-forward population, including working professionals and students, prefers contact lenses for their ease of use and compatibility with active lifestyles.
Despite the positive growth prospects, the UAE contact lenses market faces certain challenges. One significant challenge is the competition from other vision correction methods, such as eyeglasses and refractive surgeries like LASIK. While contact lenses offer advantages in terms of convenience and versatility, other options may be preferred based on individual preferences and needs. Additionally, the need for proper education and eye care guidance for new contact lens users is crucial to avoid potential eye health issues and ensure safe and responsible use.
The Covid-19 pandemic had an impact on the UAE contact lenses market. During the pandemic, individuals may have shifted towards using contact lenses over eyeglasses due to reasons such as enhanced hygiene practices and the ease of wearing face masks with contact lenses. However, temporary disruptions in supply chains and optometry services during lockdowns and restrictions may have affected the sales and distribution of contact lenses in certain periods.
The UAE contact lenses market comprises both international and regional players. Leading contact lens manufacturers such as Johnson & Johnson Vision Care, Alcon (a division of Novartis), and Bausch + Lomb have a strong presence in the UAE, offering a wide range of contact lens products catering to different vision needs and preferences. These companies provide daily disposable lenses, monthly lenses, toric lenses for astigmatism, and multifocal lenses for presbyopia. Additionally, local optical stores, eye care clinics, and online retailers also play a crucial role in making contact lenses accessible to consumers across the country. The market`s competitiveness and growth are shaped by the efforts of these key players to provide high-quality and comfortable contact lenses that meet the diverse requirements of the UAE vision correction market.
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 Arab Emirates (UAE) Contact Lenses Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, 2020 & 2027F |
3.3 United Arab Emirates (UAE) Contact Lenses Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Contact Lenses Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume Share, By Material, 2020 & 2027F |
3.6 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume Share, By Design, 2020 & 2027F |
3.7 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.9 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume Share, By Usage, 2020 & 2027F |
4 United Arab Emirates (UAE) Contact Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Contact Lenses Market Trends |
6 United Arab Emirates (UAE) Contact Lenses Market, By Types |
6.1 United Arab Emirates (UAE) Contact Lenses Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Material, 2018 - 2027F |
6.1.3 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Gas Permeable, 2018 - 2027F |
6.1.4 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Silicone Hydrogel, 2018 - 2027F |
6.1.5 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Hybrid, 2018 - 2027F |
6.2 United Arab Emirates (UAE) Contact Lenses Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Spherical, 2018 - 2027F |
6.2.3 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Toric, 2018 - 2027F |
6.2.4 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Multifocal, 2018 - 2027F |
6.2.5 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United Arab Emirates (UAE) Contact Lenses Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Corrective, 2018 - 2027F |
6.3.3 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Therapeutic, 2018 - 2027F |
6.3.4 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Cosmetic, 2018 - 2027F |
6.3.5 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Prosthetic, 2018 - 2027F |
6.3.6 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Lifestyle-oriented, 2018 - 2027F |
6.4 United Arab Emirates (UAE) Contact Lenses Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By E-commerce, 2018 - 2027F |
6.4.3 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Eye Care Practitioners, 2018 - 2027F |
6.4.4 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Retail, 2018 - 2027F |
6.5 United Arab Emirates (UAE) Contact Lenses Market, By Usage |
6.5.1 Overview and Analysis |
6.5.2 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Daily Disposable, 2018 - 2027F |
6.5.3 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Disposable, 2018 - 2027F |
6.5.4 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Frequently Replacement, 2018 - 2027F |
6.5.5 United Arab Emirates (UAE) Contact Lenses Market Revenues & Volume, By Traditional, 2018 - 2027F |
7 United Arab Emirates (UAE) Contact Lenses Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Contact Lenses Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Contact Lenses Market Imports from Major Countries |
8 United Arab Emirates (UAE) Contact Lenses Market Key Performance Indicators |
9 United Arab Emirates (UAE) Contact Lenses Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Contact Lenses Market Opportunity Assessment, By Material, 2020 & 2027F |
9.2 United Arab Emirates (UAE) Contact Lenses Market Opportunity Assessment, By Design, 2020 & 2027F |
9.3 United Arab Emirates (UAE) Contact Lenses Market Opportunity Assessment, By Application, 2020 & 2027F |
9.4 United Arab Emirates (UAE) Contact Lenses Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
9.5 United Arab Emirates (UAE) Contact Lenses Market Opportunity Assessment, By Usage, 2020 & 2027F |
10 United Arab Emirates (UAE) Contact Lenses Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Contact Lenses Market Revenue Share, By Companies, 2020 |
10.2 United Arab Emirates (UAE) Contact Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |