Aging population
Canada's population increased by more than a million people for the first time in history in 2022, almost entirely due to a surge in immigrants and temporary residents, Statistics Canada
Technological advancements
Technological advancements have played a significant role in driving the growth of the Canada Contact Lenses Market. The development of new materials and manufacturing techniques has led to significant improvements in the comfort, safety, and convenience of contact lenses, making them more attractive to consumers.
Additionally, the availability of daily disposable lenses has made contact lenses more accessible and convenient for consumers. Daily disposables do not require cleaning or storage, reducing the risk of eye infections and making them more appealing to people with active lifestyles.
Growing usage in Fashion and cosmetics industry
Fashion and cosmetics have emerged as significant drivers of growth in the Canada Contact Lenses Market. Contact lenses can be used to enhance or change the appearance of the eyes, making them an attractive option for people interested in fashion and cosmetics.
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Increased awareness of eye health
Increased awareness of eye health has played a significant role in driving the growth of the Canada Contact Lenses Market. As people become more aware of the importance of regular eye exams and proper eye care, they are more likely to seek out vision correction options, including contact lenses.
Meanwhile, only 39 per cent are familiar with age-related macular degeneration (AMD) which is the second leading cause of blindness, affecting nearly 2 million Canadians.
Online sales channels
Online sales channels have emerged as a significant driver of growth in the Canada Contact Lenses Market. The convenience and accessibility of online shopping have made it easier for consumers to purchase contact lenses from the comfort of their homes.
This has made it easier for people to purchase contact lenses regularly and to try new products.
Recent Development
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Market Segmentation
Market Players
Bausch & Lomb Canada Inc, Alcon Canada, Inc., Johnson & Johnson Inc., Cooper Vision Ltd, Carl Zeiss Canada Ltd., Essilor Luxottica Canada Inc., Minuteman Canada Inc, Contamac Holdings Ltd. are some of the leading players operating in the Canada Contact Lenses Market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | By Material TypeBy Design TypeBy Wear TypeBy ApplicationBy Distribution ChannelBy Region |
Regional scope | Ontario region; Quebec region; Alberta region; British Columbia region; Saskatchewan and Manitoba region; Rest of Canada |
Key companies profiled | Bausch & Lomb Canada Inc, Alcon Canada, Inc., Johnson & Johnson Inc., Cooper Vision Ltd, Carl Zeiss Canada Ltd., Essilor Luxottica Canada Inc., Minuteman Canada Inc, Contamac Holdings Ltd |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, the Canada Contact Lenses market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Canada Contact Lenses Market, By Material Type
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- Canada Contact Lenses Market, By Design Type
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- Canada Contact Lenses Market, By Wear Type
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- Canada Contact Lenses Market, By Application
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- Canada Contact Lenses Market, By Distribution Channel
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- Canada Contact Lenses Market, By Region
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