Retail sales of contact lenses and solutions are set to expand further in constant value terms (2022 prices) during the five years to 2028, albeit at a slower rate than during the review period. In addition to population growth and rising urbanisation, this will be supported by an anticipated post-pandemic economic rebound which will boost local purchasing power and lead to an increase in discretionary spending.
During the forecast period, the major players within contract lenses are expected to harness the potential of digital technology, given the increasing presence of smartphones and e-commerce in consumers’ lives. Eyelovin, for example, which is the best known online marketplace for contact lenses in Indonesia.
International players dominate sales of contact lenses, given that the eye is a highly sensitive area of the body and the use of a high quality, trusted brand carries a great deal of weight. During the forecast period, Johnson & Johnson is therefore expected to maintain its position as category leader, with its Acuvue brand dominating the competitive landscape, followed by major players Cooper Vision and Ciba Vision with their SoftVue and Freshlook brands, respectively.
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Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Indonesia 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 Indonesia, 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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