Submitted by: Submitted by serenapeter
Views: 10
Words: 571
Pages: 3
Category: Business and Industry
Date Submitted: 11/04/2016 04:54 AM
Global Cosmetic Contact Lenses Market To Reach Worth
USD 2.25 Bn By 2022: Credence Research
According to the latest report published by Credence Research, Inc. “Cosmetic Contact Lenses Market –
(Lense Type – Spherical Lenses, Toric Lenses, Multifocal Lenses, Conventional Lenses and Others): Market
Growth, Future Prospects and Competitive Analysis, 2016-2022,” the market was valued at USD 1.33 Bn
in 2015, and is expected to reach USD 2.25 Bn by 2022, expanding at a CAGR of 6.6% from 2016 to 2022.
Browse the full report Cosmetic Contact Lenses Market: Market Growth, Future Prospects and
Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/cosmetic-contactlenses-market
Market Insights
The global cosmetic contact lenses market is witnessing a significant upswing in light of the growing
demand for altering aesthetic appearance. The use of cosmetic contact lenses is surging in the
entertainment sector, and perpetual innovation in the nature of products and comfort in usage are the
key factors contributing to the demand for cosmetic contact lenses. Asia-Pacific is the most significant
market for cosmetic contact lenses. The East Asian countries such as Japan, China, South Korea, and
Singapore are the key countries with highest contribution in the global market. Rising awareness related
to aesthetic surgeries and cosmetic enhancement devices in young population, rising market penetration
of cosmetic contact lenses due to online availability and regulatory approval for online sales and nonprescription sales of cosmetic contact lenses. Latin America and Middle East & Africa are expected to
witness the highest growth rate due to high disposable income, increasing prevalence of ophthalmic
disorders and being one of the major cosmetic surgery destinations in the world.
Browse All Reports of This Category @ http://www.credenceresearch.com/industry/consumer-goodsmarket
Among the type of lenses, spherical contact lenses...