Contact lenses in Singapore is set to maintain stable but slowing volume and current value growth in the forecast period. This is partly due to an increase in eye health conditions, with cases of presbyopia rising closer to 60%, cases of myopia closer to 80%, and hyperopia close to 20% over the forecast period.
Retail e-commerce is set to see a continued rise in its share in both contact lenses and contact lens solutions in 2024, and further rises are expected in the forecast period. Purchasing contact lenses online is becoming more popular in Singapore, with retailers adopting omnichannel strategies and leveraging influencer marketing to expand their online presence and sales.
Sustainability is a small but growing trend amongst consumers in Singapore, with increasing eco-consciousness raising concern around the impact of contact lens disposal and packaging, especially for daily disposable lenses. To address this, contact lens manufacturers are exploring more sustainable materials and designs for both lenses and packaging.
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Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Singapore 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.
If you're in the Contact Lenses and Solutions industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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