Accelerated urbanisation across the Philippines is leading to the emergence of a growing number of optical goods stores in newly developed areas. Contact lenses and solutions are among the product lines these outlets are prioritising, thanks to their sustained demand.
Strategic partnerships between major local credit companies (such as G-cash and Pay Maya) and eyewear retailers (like Sunnies Studio) are stimulating consumer spending on contact lenses and solutions. These collaborations enable more convenient and flexible payment options, boosting products’ appeal to consumers.
Major eyewear companies like Sunnies by Charlie, and Owndays, previously focusing predominantly on spectacles and sunglasses, are now broadening their product offerings to include contact lenses and solutions as both demand and market potential expand. Moreover, pharmacies such as Watsons are increasing their footprint by opening more branches, not only in malls but also in local neighbourhoods.
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Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Philippines 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 Philippines, 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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