Industry Analysis & Industry Trends
Seeing clearly
The Online Eyeglasses and Contact Lens Sales industry will experience continued growth from 2011 to 2016, after revenue soared during the past five years. Favorable economic conditions and the rising popularity of online shopping will bolster demand, as consumers increasingly value convenience and low prices. Nevertheless, intense internal and external competition will continue to threaten the industry's overall growth.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Online Eyeglasses and Contact Lens Sales industry is highly concentrated, with the top four companies generating 92.9% of revenue. This percentage is in contrast to overall retail optical sales, which are highly fragmented. Independent eye care practitioners account for the majority of brick-and-mortar contact lens sales, followed by national optical chains and mass merchandisers.
The industry is first-mover dominant, meaning that the initial operators have maintained most of the market share. Incumbent operators' most effective barriers to entry are large networks and credible reputations. Therefore, it is rather difficult for a new entrant to build a network of suppliers and customers. Inc... purchase to read more