Global Colored Contact Lenses Market Size will Reach $1938.15 Million in 2024

Global Colored Contact Lenses Market Overview

According to Global Market Monitor, the global colored contact lenses market size will reach $1938.15 million in 2024 with a CAGR of 5.56% from 2024 to 2029.

Color contact lenses have been widely used in film makeup, which are used to help people with eye injuries to cover eye defects. Because it is no longer tied to the function of correcting vision like the traditional ordinary contact lens, it gradually penetrates work and life. It has become a trendy cosmetic product for fashion people to dress themselves and show their personality.

Market Trends

Changing consumer lifestyles and continuing fashion trends will continue to drive the market. The emergence of innovative products and technological progress will expand the product market scale. Among them, the combination of raw materials including hydrogels and polymers is innovative. The acceptability of well-known brands of contact lenses continuously increases the pressure drop to bring good development opportunities to the color contact lens market.

Market Drivers

Contact lenses are considered a way to improve the quality of life without glasses, and although they are registered as medical devices, their use has caused huge demand in the cosmetics industry. With the rising fashion trend, fashion products featuring a variety of attractive colors, shadows and textures to enhance the appearance of the eye are becoming more and more popular. The ability to change preferences to enhance eye color and overall facial appearance, especially among TV actors, movie stars, and models, has largely driven the market for colored contact lenses.

Secondly, technological progress is also one of the important driving factors to promote the development of the industry, which brings a higher level of texture, with tiny colored dots and lines in the products. Main brands offer a variety of colors, such as blue, light brown, green, purple, brown, gray, and purple, to attract more consumers. In addition, on the coloring technology, and security, the color of the solid-state provides the wearer with aesthetic value.

Market Challenges

The solution for colored glasses is the same as that for ordinary contact lenses. However, because colored films are more prone to dryness than ordinary contact lenses, it is best to buy a special solution for color lenses. The tablet care solution is better. For buyers who wear contact lenses themselves, there is undoubtedly an increase in purchase costs.

ACUVUE is one of the major players operating in the colored contact lenses market, holding a share of 21.78% in 2023.The company produces and markets vitreoretinal and cataract surgery, contact lenses, and refractive technology products, serving the medical industry worldwide.

Company Name	ACUVUE
Website	www.acuvue.com
Established Time	1950
Plants Distribution	Mainly in North America
Sales Region	Worldwide