TAIWAN CONTACT LENSES MARKET 2023-2028

Consumer Goods & Services | Personal Care Products

TAIWAN 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 Taiwan contact lenses market would witness a CAGR of 11.80% by revenue and 8.02% 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 and non-corrective contact lenses are considered medical devices in the country, and are regulated by the Taiwan Food and Drug Administration.

About 68% of Taiwan’s medical production value and 14% of its export value in 2019 comprised contact lenses. Over 70% of the contact lenses manufactured in the country are shipped to China and Japan. With such a large demand, Taiwan’s market for contact lenses has benefited. In addition to the current need for cosmetics and vision correction, research into the incorporation of medical technology within contact lenses is ongoing. Such innovative developments will boost the market for contact lenses. 

However, many international players cannot penetrate the local market due to stringent government regulations. Also, concerns regarding eye infections and irritation due to dry eyes are expected to hinder the market in this country.

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

The key players in the Taiwanese contact lenses market are Johnson & Johnson Taiwan Ltd, Ginko International Co Ltd, CooperVision Taiwan Co Ltd, Bausch & Lomb Taiwan Ltd, and Novartis (Taiwan) Ltd.

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Table of Content

1. TAIWAN 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. TAIWAN CONTACT LENSES MARKET OUTLOOK

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

2.2. MARKET SHARE ANALYSIS

2.3. BRAND SHARE ANALYSIS

2.4. PESTLE ANALYSIS

2.5. VALUE CHAIN ANALYSIS

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

4.1. CLEAR

4.2. COSMETIC – CIRCLE

4.3. COSMETIC – NON-CIRCLE

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

5.1. RETAIL CHANNELS

5.2. E-COMMERCE

6. COMPETITIVE LANDSCAPE

6.1. JOHNSON & JOHNSON TAIWAN LTD

6.1.1. OVERVIEW

6.1.2. PRODUCT PORTFOLIO

6.2. GINKO INTERNATIONAL CO LTD

6.2.1. OVERVIEW

6.2.2. PRODUCT PORTFOLIO

6.3. COOPERVISION TAIWAN CO LTD

6.3.1. OVERVIEW

6.3.2. PRODUCT PORTFOLIO

6.4. BAUSCH & LOMB TAIWAN LTD

6.4.1. OVERVIEW

6.4.2. PRODUCT PORTFOLIO

6.5. NOVARTIS (TAIWAN) LTD 

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

List of Tables

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

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

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

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

TABLE 5: TAIWAN – COUNTRY SNAPSHOT

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

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

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

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

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

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

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

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

List of Figures

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

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

FIGURE 3: VALUE CHAIN ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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