There will be little change in the status quo over the forecast period and it is unlikely that there will be any significant new entrants. Argentina has experienced a decade of financial turmoil and instability and until the economy establishes a more stable path, newcomers will be reluctant to set up shop.
It is unlikely that private label will gain a foothold in Argentina over the forecast period. One reason being that the competitive landscape is very fragmented, with a large number of independently owned optical goods stores and relatively few chained operators.
Though the economy will improve over the forecast period, as economic reforms start to have an effect, inflation will be high, especially earlier in the forecast period. As such, players will need to offer frequent discounts and promotions in order to support volume sales.
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Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Contact Lenses and Solutions
Contact lenses and Solutions is the aggregate of contact lenses and contact lens solution.
See All of Our DefinitionsThis report originates from Passport, our Contact Lenses and Solutions research and analysis database.
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