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Glasses & Contact Lens Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Glasses & Contact Lens Manufacturing Market Research Report | NAICS 33911b | Sep 2015

Clear eyes: An aging population and increase in disposable income will boost demand

IBISWorld’s Glasses & Contact Lens Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 10-15
4.3%
Annual Growth 15-20
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Profit
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Employment
25,407
Businesses
444
Industry Analysis & Industry Trends

The Glasses and Contact Lens Manufacturing industry produces a range of eyeglasses, contacts and sunglasses for consumers in the United States and abroad. Prescription lenses are essential to the visually impaired, insulating this product segment from economic downturns. However, consumers waited for a longer period of time to upgrade their glass frames following the recession, decreasing spending on vision products. In the coming years, the industry is well positioned to capitalize on greater demand for lens products, as the US population ages and the number of people with vision-related health complications increases... purchase to read more

Industry Report - Industry Locations Chapter

The industry is concentrated in the West (19.5% of establishments), Mid-Atlantic (17.4%), Southeast (17.4%) and Great Lakes (18.2%) regions. Glasses and contact lens manufacturers typically locate close to their downstream wholesalers, who in turn operate close to major population hubs. The West, Mid-Atlantic, Southeast and the Great Lakes account for the majority of the US population and are densely populated. By maintaining proximity to downstream customers, industry establishments can minimize transportation costs and turn inventory faster, bolstering margins. California has the highest concentration of industry establishments in 2013 with an estimated 12.9%, in line with the state's 12.1% population share... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Glasses & Contact Lens Manufacturing Industry?

This industry manufactures ophthalmic goods, including eyeglass frames and lenses and contact lenses. The industry also produces sunglasses and protective eyewear, such as goggles.

Industry Products
Contact lensesPolycarbonate focal lensesOther lensesGlass
 
Industry Activities
Contact lensEyeglass frame (i.e. fronts and temples)Glass and plastic eyeGoggle (e.g. industrial, safety, sun and underwater)LensLens coatingLens grindingLens mountCorrective vision-type magnifierSunglasses


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