Please Wait.....
Report
Latin America Contact Lenses Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 215 Pages I EMR Inc.
Latin America Contact Lenses Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the Latin America contact lenses market size reached a value of USD 1,439.50 million in 2023. Aided by the increasing prevalence of vision disorders and the growing demand for aesthetic enhancements, the market is projected to further grow at a CAGR of 5.0% between 2024 and 2032 to reach a value of USD 2,234.47 million by 2032.
Contact lenses are thin, curved lenses placed directly on the surface of the eye to correct vision or for cosmetic or therapeutic purposes. They offer a convenient and effective alternative to traditional eyeglasses, providing users with a wider field of view and greater freedom of movement. Contact lenses are used to correct a variety of vision problems, including myopia (nearsightedness), hyperopia (farsightedness), astigmatism, and presbyopia.
The increasing prevalence of vision disorders is a key factor driving the Latin America contact lenses market growth. With the growing incidence of refractive errors and eye diseases such as cataracts and glaucoma, there is a significant demand for corrective lenses. Additionally, the rising awareness of the importance of eye health and regular eye check-ups is further propelling the demand for contact lenses in the region.
The growing demand for aesthetic enhancements also plays a significant role in propelling the market. Coloured and decorative contact lenses, which are used to change the appearance of the eyes, are gaining popularity among consumers in Latin America. These lenses are often used for cosmetic purposes, such as enhancing eye colour or creating unique looks for special occasions. The increasing interest in beauty and fashion trends is driving the demand for coloured contact lenses in the region.
Moreover, advancements in contact lens technology are driving innovation and development in the contact lenses market in Latin America . Manufacturers are continually introducing new and improved contact lenses with enhanced features, such as increased oxygen permeability, moisture retention, and UV protection. These advancements are improving the comfort and safety of contact lenses, making them more appealing to consumers. Additionally, the development of daily disposable contact lenses, which offer greater convenience and hygiene, is further boosting the market growth.
The expanding applications of contact lenses in various sectors also contribute to the market growth. In the healthcare sector, contact lenses are used for therapeutic purposes, such as drug delivery and corneal protection. In the sports and recreation sector, contact lenses are preferred by athletes and active individuals for their convenience and ability to provide clear and unobstructed vision. Additionally, the increasing use of contact lenses in the film and entertainment sector for special effects and character portrayal is consequently driving up the Latin America contact lenses market share.
The regulatory environment in Latin America also plays a crucial role in shaping the contact lenses market. Governments and regulatory bodies in the region are actively supporting the development and distribution of safe and effective contact lenses. For instance, various countries have introduced regulations and guidelines to ensure the quality and safety of contact lenses and related products. These regulatory efforts are providing a favourable environment for the growth of the contact lenses market in the region.
As per the Latin America contact lenses market analysis, Brazil holds a significant share of the market, driven by the large population and increasing prevalence of vision disorders. The growing awareness of eye health and the rising demand for corrective and cosmetic contact lenses are propelling the market growth in the country. Additionally, the presence of a well-established healthcare infrastructure and the increasing availability of advanced contact lens products are further supporting the market expansion in Brazil.
Market Segmentation
The market can be divided based on material, design, application, distribution channel, and region
Market Breakup by Material
- Gas Permeable
- Silicone Hydrogel
- Hybrid
Market Breakup by Design
- Spherical Lens
- Toric Lens
- Multifocal Lens
- Others
Market Breakup by Application
- Corrective
- Therapeutic
- Cosmetic
- Prosthetic
Market Breakup by Distribution Channel
- Eye Care Professionals
- Retail
- Online
Market Breakup by Region
- Brazil
- Mexico
- Argentina
- Chile
- Others
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Latin America contact lenses market. some of the major players explored in the report by expert market research are as follows:
- Carl Zeiss AG
- CooperVision, Inc.
- Menicon Co., Ltd.
- Alcon Inc.
- SynergEyes
- Johnson & Johnson Surgical Vision, Inc.
- Solotica
- Bausch + Lomb Corporation
- Others
About us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our expert market research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Contact Lenses Market Overview
8.1 Key Industry Highlights
8.2 Global Contact Lenses Historical Market (2018-2023)
8.3 Global Contact Lenses Market Forecast (2024-2032)
9 Latin America Contact Lenses Market Overview
9.1 Key Industry Highlights
9.2 Latin America Contact Lenses Historical Market (2018-2023)
9.3 Latin America Contact Lenses Market Forecast (2024-2032)
10 Latin America Contact Lenses Market by Material
10.1 Gas Permeable
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Silicone
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Hydrogel
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Hydrogel
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Latin America Contact Lenses Market by Design
11.1 Spherical Lens
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Toric Lens
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Multifocal Lens
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Latin America Contact Lenses Market by Application
12.1 Corrective
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Therapeutic
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cosmetic
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Prosthetic
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Latin America Contact Lenses Market by Distribution Channel
13.1 Eye Care Professionals
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Retail
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Latin America Contact Lenses Market by Country
14.1 Brazil
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mexico
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Argentina
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Chile
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Trade Data Analysis (HS Code - 900130)
16.1 Major Importing Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Exporting Countries
16.2.1 By Value
16.2.2 By Volume
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Carl Zeiss AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 CooperVision, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Menicon Co., Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Alcon Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 SynergEyes
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Johnson & Johnson Surgical Vision, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Solotica
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Bausch + Lomb Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fintech Market: Key Industry Highlights, 2018 and 2032
2. Latin America Contact Lenses Market: Key Industry Highlights, 2018 and 2032
3. Latin America Contact Lenses Historical Market: Breakup by Material (USD Million), 2018-2023
4. Latin America Contact Lenses Market Forecast: Breakup by Material (USD Million), 2024-2032
5. Latin America Contact Lenses Historical Market: Breakup by Design (USD Million), 2018-2023
6. Latin America Contact Lenses Market Forecast: Breakup by Design (USD Million), 2024-2032
7. Latin America Contact Lenses Historical Market: Breakup by Application (USD Million), 2018-2023
8. Latin America Contact Lenses Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Latin America Contact Lenses Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Latin America Contact Lenses Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Latin America Contact Lenses Historical Market: Breakup by Country (USD Million), 2018-2023
12. Latin America Contact Lenses Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Latin America Contact Lenses Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security