Market by Category, Type, and Distribution Channel | Forecast 2023-2028
Triton Market Research estimates that the South Korea contact lenses market would witness a CAGR of 3.15% by revenue and 2.76%
by volume over the forecast period 2023-2028.
The market is expected 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 comfortable 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. Corrective as well as non-corrective contact lenses are considered as
medical devices in the country, and are regulated by the Korea Ministry of Food
and Drug Safety.
As people resumed outdoor activities post the pandemic, the demand for
cosmetic lenses in South Korea increased. Also, with the rising influence of
K-beauty standards and growing adoption by men, the contact lenses market is
anticipated to rise. Along with domestic need, in 2021, exports of South Korean
contact lenses leaped 28.6% on-year to $229.4 million, a turnaround from a
34.6% decline in 2020 shipments. China and Japan accounted for 32.4% and 20.7%
of Korean exports, respectively. Indonesia and Thailand each accounted for
4.6%. Such growing demands will prove favorable for the studied market.
Major barriers in this industry include the availability of contact
lenses from unauthorized vendors and counterfeit lenses. Furthermore, as more
Koreans choose laser eye surgeries, the market for contact lenses will be
increasingly constrained.
Triton Market Research’s report
provides in-depth insight into the South Korea contact lenses market, along
with segmentation analysis. The detailed analysis of the market includes PESTLE
analysis and value chain analysis. The segmentation analysis of South Korea’s
contact lenses market includes market by category, type and distribution
channel.
The
eminent players in the South Korean contact lenses market are Johnson & Johnson
Korea Co Ltd, Bausch & Lomb Korea Inc, Interojo Inc, Alcon Korea Ltd, and
CooperVision Korea Inc.
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VIEW REPORT1. SOUTH
KOREA 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. SOUTH
KOREA CONTACT LENSES MARKET OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SOUTH KOREA CONTACT LENSES MARKET
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
3. SOUTH
KOREA 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
LENS
4. SOUTH
KOREA CONTACT LENSES MARKET - BY TYPE (IN $ MILLION)
4.1. CLEAR
4.2. COSMETIC
– CIRCLE
4.3. COSMETIC
– NON-CIRCLE
5. SOUTH
KOREA CONTACT LENSES MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
5.1. RETAIL
CHANNELS
5.2. E-COMMERCE
6. COMPETITIVE
LANDSCAPE
6.1. JOHNSON & JOHNSON KOREA CO LTD
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.2. BAUSCH & LOMB KOREA INC
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.3. INTEROJO INC
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.4. ALCON KOREA LTD
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.5. COOPERVISION KOREA INC
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE
1: SOUTH KOREA CONTACT LENSES MARKET 2023-2028 (IN $ MILLION)
TABLE
2: SOUTH KOREA CONTACT LENSES MARKET 2023-2028 (IN THOUSAND UNITS)
TABLE
3: SOUTH KOREA CONTACT LENSES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021
(IN %)
TABLE
4: SOUTH KOREA CONTACT LENSES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN
%)
TABLE
5: SOUTH KOREA – COUNTRY SNAPSHOT
TABLE
6: SOUTH KOREA CONTACT LENSES MARKET, BY CATEGORY, 2023-2028 (IN $ MILLION)
TABLE
7: SOUTH KOREA CONTACT LENSES MARKET, BY CATEGORY, 2023-2028 (IN THOUSAND
UNITS)
TABLE
8: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY MATERIAL, 2023-2028 (IN
$ MILLION)
TABLE
9: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY CONDITION, 2023-2028 (IN
$ MILLION)
TABLE
10: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MATERIAL,
2023-2028 (IN $ MILLION)
TABLE
11: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY CONDITION,
2023-2028 (IN $ MILLION)
TABLE
12: SOUTH KOREA CONTACT LENSES MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
FIGURE
1: SOUTH KOREA CONTACT LENSES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021
(IN %)
FIGURE
2: SOUTH KOREA CONTACT LENSES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN
%)
FIGURE
3: VALUE CHAIN ANALYSIS
FIGURE
4: SOUTH KOREA CONTACT LENSES MARKET, BY CATEGORY, 2022 & 2028 (IN %)
FIGURE
5: SOUTH KOREA CONTACT LENSES MARKET, BY DAILY DISPOSABLE LENSES (DD),
2023-2028 (IN $ MILLION)
FIGURE
6: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY MATERIAL, 2022 &
2028 (IN %)
FIGURE
7: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY HYDROGEL, 2023-2028 (IN
$ MILLION)
FIGURE
8: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY SILICONE HYDROGEL,
2023-2028 (IN $ MILLION)
FIGURE
9: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY CONDITION, 2022 &
2028 (IN %)
FIGURE
10: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY MULTIFOCAL, 2023-2028
(IN $ MILLION)
FIGURE
11: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY SPHERICAL, 2023-2028
(IN $ MILLION)
FIGURE
12: SOUTH KOREA DAILY DISPOSABLE LENSES (DD) MARKET, BY TORIC, 2023-2028 (IN $
MILLION)
FIGURE
13: SOUTH KOREA CONTACT LENSES MARKET, BY FREQUENT REPLACEMENT LENSES (FRP),
2023-2028 (IN $ MILLION)
FIGURE
14: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MATERIAL, 2022
& 2028 (IN %)
FIGURE
15: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY HYDROGEL,
2023-2028 (IN $ MILLION)
FIGURE
16: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY SILICONE HYDROGEL,
2023-2028 (IN $ MILLION)
FIGURE
17: SOUTH KOREA FREQUENT REPLACEMENT LENSES (DD) MARKET, BY CONDITION, 2022
& 2028 (IN %)
FIGURE
18: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY MULTIFOCAL,
2023-2028 (IN $ MILLION)
FIGURE
19: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY SPHERICAL,
2023-2028 (IN $ MILLION)
FIGURE
20: SOUTH KOREA FREQUENT REPLACEMENT LENSES (FRP) MARKET, BY TORIC, 2023-2028
(IN $ MILLION)
FIGURE
21: SOUTH KOREA CONTACT LENSES MARKET, BY CONVENTIONAL LENS, 2023-2028 (IN $
MILLION)
FIGURE
22: SOUTH KOREA CONTACT LENSES MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE
23: SOUTH KOREA CONTACT LENSES MARKET, BY CLEAR, 2023-2028 (IN $ MILLION)
FIGURE
24: SOUTH KOREA CONTACT LENSES MARKET, BY COSMETIC – CIRCLE, 2023-2028 (IN $
MILLION)
FIGURE
25: SOUTH KOREA CONTACT LENSES MARKET, BY COSMETIC – NON-CIRCLE, 2023-2028 (IN
$ MILLION)
FIGURE
26: SOUTH KOREA CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028
(IN %)