CANADA CONTACT LENSES MARKET 2023-2028

Consumer Goods & Services | Personal Care Products

CANADA CONTACT LENSES MARKET 2023-2028

Market by Category, Type, and Distribution Channel | Forecast 2023-2028

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Triton Market Research predicts that the market for contact lenses in Canada would witness CAGRs of 3.49% by revenue and 2.45% by volume over the forecast period 2023-2028. It is expected to be valued at $XX million and XX thousand units by 2028.

A contact lens is a small, curved lens that rests over the tear film and covers the cornea of the eye. Contact lenses, like spectacles, are used to treat refractive issues that impact vision. Even though contact lenses are initially clear, the tiniest hint of color is frequently utilized to make them more suitable for wearers.

Similar to the United States, Canada regulates corrective contact lenses as medical devices under the Food and Drug Act, and all prescription lenses need Health Canada licensing before being sold or distributed. Contrarily, cosmetic/decorative non-prescription contact lenses were categorized as consumer products up until 2016, when Health Canada changed the Food and Drug Act and Regulations, and in accordance with Bill C-313, classified such lenses as class II medical devices.

In Canada, along with their use for medical purposes, contact lenses are also gaining traction as a fashion trend and a comfortable alternative to spectacles. With increasing disposable income, the working class prefers these lenses over traditional glasses. Also, their use is increasing due to the high prevalence of myopia among the younger population. The aforementioned factors will boost the growth of the Canadian contact lenses market in the forecast period.

However, contact lenses also lead to dry eyes, along with other health concerns. Alternatively, laser eye surgeries such as LASIK are gaining popularity among the Canadian population as they do not require corrective eyewear, such as glasses or contact lenses. As a result, due to such limitations and substitution for contact lenses, it is anticipated to have a negative impact on the studied market.

Triton Market Research’s report provides in-depth insight into Canada's contact lenses market, along with segmentation analysis. The detailed analysis of the market includes PESTLE analysis and value chain analysis. The segmentation analysis of the Canada contact lenses market includes market by category, type and distribution channel.

The key players in the Canadian contact lenses market are Bausch & Lomb Inc, Alcon Vision LLC, Johnson & Johnson Vision Care Inc, and CooperVision LLC.

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Table of Content

1. CANADA CONTACT LENSES MARKET – SUMMARY

1.1. MARKET DEFINITION

1.2. MARKET SIZE & FORECASTS

1.3. MARKET DRIVING ASPECTS

1.4. MARKET RESTRAINING ASPECTS

1.5. KEY PLAYERS

2.     CANADA CONTACT LENSES MARKET OUTLOOK

2.1. IMPACT OF COVID-19 ON THE CANADA CONTACT LENSES MARKET

2.2. MARKET SHARE ANALYSIS

2.3. BRAND SHARE ANALYSIS

2.4. PESTLE ANALYSIS

2.5. VALUE CHAIN ANALYSIS

3.     CANADA CONTACT LENSES MARKET – BY CATEGORY (IN $ MILLION & IN THOUSAND UNITS)

3.1 DAILY DISPOSABLE LENSES (DD)

3.1.1. DAILY DISPOSABLE LENSES (DD) MARKET – BY MATERIAL

3.1.1.1. HYDROGEL

3.1.1.2. SILICONE HYDROGEL

3.1.2. DAILY DISPOSABLE LENSES (DD) MARKET – BY CONDITION

3.1.2.1. MULTIFOCAL

3.1.2.2. SPHERICAL

3.1.2.3. TORIC

3.2. FREQUENT REPLACEMENT LENSES (FRP)

3.2.1. FREQUENT REPLACEMENT LENSES (FRP) MARKET – BY MATERIAL

3.2.1.1. HYDROGEL

3.2.1.2. SILICONE HYDROGEL

3.2.2. FREQUENT REPLACEMENT LENSES (FRP) MARKET – BY CONDITION

3.2.2.1. MULTIFOCAL

3.2.2.2. SPHERICAL

3.2.2.3. TORIC

3.3. CONVENTIONAL LENSES

4.     CANADA CONTACT LENSES MARKET – BY TYPE (IN $ MILLION)

4.1. CLEAR

4.2. COSMETIC – CIRCLE

4.3. COSMETIC – NON-CIRCLE

5.     CANADA CONTACT LENSES MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)

5.1. RETAIL CHANNELS

5.2. E-COMMERCE

6.     COMPETITIVE LANDSCAPE

6.1. JOHNSON & JOHNSON VISION CARE INC

6.1.1. OVERVIEW

6.1.2. PRODUCT PORTFOLIO

6.2. ALCON VISION LLC

6.2.1. OVERVIEW

6.2.2. PRODUCT PORTFOLIO

6.3. COOPER VISION LLC

6.3.1. OVERVIEW

6.3.2. PRODUCT PORTFOLIO

6.4. BAUSCH & LOMB INC

6.4.1. OVERVIEW

6.4.2. PRODUCT PORTFOLIO

7.     RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: CANADA CONTACT LENSES MARKET 2023-2028 (IN $ MILLION)

TABLE 2: CANADA CONTACT LENSES MARKET 2023-2028 (IN THOUSAND UNITS)

TABLE 3: CANADA CONTACT LENSES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)

TABLE 4: CANADA CONTACT LENSES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)

TABLE 5: CANADA – COUNTRY SNAPSHOT

TABLE 6: CANADA CONTACT LENSES MARKET, BY CATEGORY, 2023-2028 (IN $ MILLION)

TABLE 7: CANADA CONTACT LENSES MARKET, BY CATEGORY, 2023-2028 (IN THOUSAND UNITS)

TABLE 8: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY MATERIAL, 2023-2028 (IN $ MILLION)

TABLE 9: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY CONDITION, 2023-2028 (IN $ MILLION)

TABLE 10: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MATERIAL, 2023-2028 (IN $ MILLION)

TABLE 11: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY CONDITION, 2023-2028 (IN $ MILLION)

TABLE 12: CANADA CONTACT LENSES MARKET, BY TYPE, 2023-2028 (IN $ MILLION)

TABLE 13: CANADA CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

List of Figures

FIGURE 1: CANADA CONTACT LENSES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 2: CANADA CONTACT LENSES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 3: VALUE CHAIN ANALYSIS

FIGURE 4: CANADA CONTACT LENSES MARKET, BY CATEGORY, 2022 & 2028 (IN %)

FIGURE 5: CANADA CONTACT LENSES MARKET, BY DAILY DISPOSABLE LENSES (DD), 2023-2028 (IN $ MILLION)

FIGURE 6: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY MATERIAL, 2022 & 2028 (IN %)

FIGURE 7: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY HYDROGEL, 2023-2028 (IN $ MILLION)

FIGURE 8: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY SILICONE HYDROGEL, 2023-2028 (IN $ MILLION)

FIGURE 9: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY CONDITION, 2022 & 2028 (IN %)

FIGURE 10: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY MULTIFOCAL, 2023-2028 (IN $ MILLION)

FIGURE 11: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY SPHERICAL, 2023-2028 (IN $ MILLION)

FIGURE 12: CANADA DAILY DISPOSABLE LENSES (DD) MARKET, BY TORIC, 2023-2028 (IN $ MILLION)

FIGURE 13: CANADA CONTACT LENSES MARKET, BY FREQUENT REPLACEMENT LENSES (FRP), 2023-2028 (IN $ MILLION)

FIGURE 14: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MATERIAL, 2022 & 2028 (IN %)

FIGURE 15: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY HYDROGEL, 2023-2028 (IN $ MILLION)

FIGURE 16: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY SILICONE HYDROGEL, 2023-2028 (IN $ MILLION)

FIGURE 17: CANADA FREQUENT REPLACEMENT LENSES (DD) MARKET, BY CONDITION, 2022 & 2028 (IN %)

FIGURE 18: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MULTIFOCAL, 2023-2028 (IN $ MILLION)

FIGURE 19: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY SPHERICAL, 2023-2028 (IN $ MILLION)

FIGURE 20: CANADA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY TORIC, 2023-2028 (IN $ MILLION)

FIGURE 21: CANADA CONTACT LENSES MARKET, BY CONVENTIONAL LENSES, 2023-2028 (IN $ MILLION)

FIGURE 22: CANADA CONTACT LENSES MARKET, BY TYPE, 2022 & 2028 (IN %)

FIGURE 23: CANADA CONTACT LENSES MARKET, BY CLEAR, 2023-2028 (IN $ MILLION)

FIGURE 24: CANADA CONTACT LENSES MARKET, BY COSMETIC – CIRCLE, 2023-2028 (IN $ MILLION)

FIGURE 25: CANADA CONTACT LENSES MARKET, BY COSMETIC – NON-CIRCLE, 2023-2028 (IN $ MILLION)

FIGURE 26: CANADA CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)

FIGURE 27: CANADA CONTACT LENSES MARKET, BY RETAIL CHANNELS, 2023-2028 (IN $ MILLION)

FIGURE 28: CANADA CONTACT LENSES MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

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