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Country Report

Eye Care in

Eye Care in Hong Kong, China

Nov 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Eye care sales fall back as consumers eschew their contact lenses

Sales of eye care are in decline, down by 7% in 2020, compared to positive growth of 7% in the previous year. While the underlying drivers for eye care are still present, demand fell in the short term as a result of the pandemic, partly due to the absence of cross border trade from mainland Chinese tourists, and partly due to a decrease in internal demand.

Eye care faces competition from growing range of supplements

There is also a groundswell of interest in natural treatments and preventatives in eye care, with many consumers looking to supplements aimed at healthier eyes rather than at treating sore eyes. Indeed, trade sources confirm that in Hong Kong, eyes are the leading body part for VDS supplements, and eye supplements are usually the first type of body-part specific supplement new consumers try.

Rhoto retains leadership through ongoing innovation

Rohto Pharmaceutical continued to lead in eye care and to be well received, as Hong Kongers desire Japanese products because of their high level of safety and high production standards. The company has been active in new product launches: in mid 2019, Rhoto launched eye drops under its sub brand Lychee to target younger consumers who wear coloured and normal contact lenses, to ease pain and to protect the cornea.

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Eye Care Market Sample Report Eye Care Market Sample Report Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Eye Care industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Eye Care industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Eye Care in Hong Kong, China market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Eye Care in Hong Kong, China?
What are the major brands in Hong Kong, China?
How are population trends affecting eye care product sales?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Consumer Health market research database.

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Eye Care in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Eye care sales fall back as consumers eschew their contact lenses

Eye care faces competition from growing range of supplements

Rhoto retains leadership through ongoing innovation

RECOVERY AND OPPORTUNITIES

Healthy growth set to resume from 2021

Preventatives expected to pose an increasing challenge

Increasing potential for eye care products targeted at young children

CATEGORY DATA

Table 1 Sales of Eye Care by Category: Value 2015-2020
Table 2 Sales of Eye Care by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Eye Care: % Value 2016-2020
Table 4 LBN Brand Shares of Eye Care: % Value 2017-2020
Table 5 Forecast Sales of Eye Care by Category: Value 2020-2025
Table 6 Forecast Sales of Eye Care by Category: % Value Growth 2020-2025

Consumer Health in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2015-2020
Table 8 Life Expectancy at Birth 2015-2020

MARKET DATA

Table 9 Sales of Consumer Health by Category: Value 2015-2020
Table 10 Sales of Consumer Health by Category: % Value Growth 2015-2020
Table 11 NBO Company Shares of Consumer Health: % Value 2016-2020
Table 12 LBN Brand Shares of Consumer Health: % Value 2017-2020
Table 13 Distribution of Consumer Health by Format: % Value 2015-2020
Table 14 Distribution of Consumer Health by Format and Category: % Value 2020
Table 15 Forecast Sales of Consumer Health by Category: Value 2020-2025
Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2020-2025

Megatrends

Country Report

Eye Care in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Eye care sales fall back as consumers eschew their contact lenses

Eye care faces competition from growing range of supplements

Rhoto retains leadership through ongoing innovation

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Eye Care in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Eye care sales fall back as consumers eschew their contact lenses

Eye care faces competition from growing range of supplements

Rhoto retains leadership through ongoing innovation

RECOVERY AND OPPORTUNITIES

Healthy growth set to resume from 2021

Preventatives expected to pose an increasing challenge

Increasing potential for eye care products targeted at young children

CATEGORY DATA

Consumer Health in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

MARKET DATA

APPENDIX

OTC registration and classification

Vitamins and dietary supplements registration and classification

Self-medication/self-care and preventive medicine

Switches

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

DEFINITIONS

SOURCES

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