MALAYSIA CONTACT LENSES MARKET 2023-2028

Consumer Goods & Services | Personal Care Products

MALAYSIA CONTACT LENSES MARKET 2023-2028

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

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Triton Market Research estimates that the Malaysia contact lenses market would witness a CAGR of 6.74% by revenue and a CAGR of 6.58% by volume over the forecast period 2023-2028. The market is anticipated to be valued at $XX million in terms of revenue and XX thousand units in terms of volume 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.

Contrary to eyeglasses, contact lenses are unaffected by rain and do not fog up in response to perspiration, temperature fluctuations or other factors. They are also a great option for individuals who participate in strenuous activities, including athletes who play contact or water sports. Additionally, compared to conventional eyeglasses, these lenses provide a larger field of view. In Malaysia, corrective and non-corrective contact lenses are considered medical devices regulated by the Ministry of Health and the Malaysian Optical Council.

Due to growing urbanization and modernization, Malaysian consumers are increasingly discerning modern eye care options. They are also more exposed to the latest fashion trends worldwide, including the latest optical accessories such as colored contact lenses and iris enhancers. Furthermore, the presence of domestic and international market players in the country’s market is anticipated to boost the demand for contact lenses.

However, wearers are at risk of issues such as corneal ulcers, which can result in blindness due to a lack of awareness among the general masses. Also, since contact lenses have become very popular nowadays, there is an extremely high demand for cheaper products sold by many uncertified practitioners, which can pose a medical risk to end-users.

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

The key players in the Malay contact lenses market are Johnson & Johnson (M) Sdn Bhd, CIBA Vision Sdn Bhd, Bausch & Lomb (M) Sdn Bhd, Oculus (M) Sdn Bhd, CooperVision Contact Lenses Malaysia Sdn Bhd, and BenQ Service Marketing Sdn Bhd.

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Table of Content

1. MALAYSIA 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. MALAYSIA CONTACT LENSES MARKET OUTLOOK

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

2.2. MARKET SHARE ANALYSIS

2.3. BRAND SHARE ANALYSIS

2.4. PESTLE ANALYSIS

2.5. VALUE CHAIN ANALYSIS

3. MALAYSIA 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. MALAYSIA CONTACT LENSES MARKET - BY TYPE (IN $ MILLION)

4.1. CLEAR

4.2. COSMETIC – CIRCLE

4.3. COSMETIC – NON-CIRCLE

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

5.1. RETAIL CHANNELS

5.2. E-COMMERCE

6. COMPETITIVE LANDSCAPE

6.1. JOHNSON & JOHNSON (M) SDN BHD

6.1.1. OVERVIEW

6.1.2. PRODUCT PORTFOLIO

6.2. CIBA VISION SDN BHD

6.2.1. OVERVIEW

6.2.2. PRODUCT PORTFOLIO

6.3. BAUSCH & LOMB (M) SDN BHD

6.3.1. OVERVIEW

6.3.2. PRODUCT PORTFOLIO

6.4. OCULUS (M) SDN BHD

6.4.1. OVERVIEW

6.4.2. PRODUCT PORTFOLIO

6.5. COOPERVISION CONTACT LENSES MALAYSIA SDN BHD

6.5.1. OVERVIEW

6.5.2. PRODUCT PORTFOLIO

6.6. BENQ SERVICE MARKETING SDN BHD 

6.6.1. OVERVIEW

6.6.2. 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: MALAYSIA CONTACT LENSES MARKET 2023-2028 (IN $ MILLION)

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

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

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

TABLE 5: MALAYSIA – COUNTRY SNAPSHOT

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

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

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

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

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

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

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

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

List of Figures

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

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

FIGURE 3: VALUE CHAIN ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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