Contact Lens Market - Contact Lens Exports Rise Consistently

Medical And Dental Instruments November 25, 2016
Author: Maria Fadeeva
Market Analyst

contact lens market

Photo: © Wavebreak Media Ltd / Bigstockphoto

The global trade in contact lenses amounted to 5,404 million USD in 2015, showing a robust growth trend from 2007 to 2015, with the exception of barely perceptible declines in 2009 and 2015. Overall, there was an annual increase of +4.2% from 2007 to 2015.

According to IndexBox estimates, Ireland continued to dominate in the global supplies of contact lenses. In 2015, Ireland's exports of contact lenses totaled 1,014 million USD, which accounted for a 19% share in terms of global exports. The UK, USA, Germany, and Singapore were the other key global suppliers of contact lenses in 2015, with a 54% combined share of global exports.

Germany (+5.0% per year) and Singapore (+5.0% per year) were the fastest growing exporters on the contact lens market from 2007 to 2015. None of the key exporters significantly strengthened their share in the export structure of contact lenses over the period under review.

On the other hand, Japan (19%, based on value terms), USA (15%), the UK (11%), Singapore (7%), and Germany (6%) were the leading destinations of contact lens imports in 2015. Imports to the USA grew at a rapid pace of +8.4% per year from 2007 to 2015. By contrast, Singapore mildly contracted its imports of contact lenses over the same period. The USA's share in terms of global imports increased by +4 percentage points, while the shares of Japan and Singapore illustrated negative dynamics (-3 percentage points each).

Global Exports Of Contact Lenses

Do you want to know more about the global contact lens market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • contact lens market share
  • contact lens prices
  • contact lens industry
  • contact lens sales
  • contact lens market forecast
  • contact lens price forecast
  • key contact lens producers

Source: World: Contact Lenses - Market Report. Analysis and Forecast to 2020