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Online Eyeglasses & Contact Lens Sales in the US: Market Research Report

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

Online Eyeglasses & Contact Lens Sales Market Research Report | Online Retail | Online Pharmaceutical, Health & Beauty | Aug 2013

Clear vision: Online eyewear sales will soar, as the economic recovery drives consumer spending

IBISWorld’s Online Eyeglasses & Contact Lens Sales market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
1-800-Contacts.com 1-800-Contacts.com market share
Walgreen Co. Walgreen Co. market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 08-13
8.1%
Annual Growth 13-18
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Profit
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Employment
1,343
Businesses
264
Industry Analysis & Industry Trends

The Online Eyeglasses and Contact Lens Sales industry will experience continued growth over the next five years, 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 exhibits low market share concentration, with the top four companies generating less than 15.0% of total industry revenue. In fact, the average company within this space accounts for only about 0.4% of total revenue. While large players like 1-800-Contacts have experienced expanding market share over the past five years, a slew of new industry participants has diluted market share concentration over the five years to 2013. New entrants find the low overhead and wage costs easy to handle and revenue opportunities attractive. As such, over the past five years, the number of industry players has increased at an annualized rate of 3.9%, reducing the average market share from 0.5% of revenue in 2008... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Eyeglasses & Contact Lens Sales Industry?

This industry sells optical and eyewear goods over the internet. Merchandise is generally purchased from domestic (in some cases international) manufacturers and wholesalers, and it is then sold to the public.

Industry Products
EyeglassesSunglassesPrescription sunglassesContacts
 
Industry Activities
Retailing prescription and nonprescription eyeglasses over the internetRetailing contact lenses over the internetRetailing sunglasses over the internetRetailing optical accessories over the internet


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