Industry Analysis & Industry Trends
The Online Eyeglasses and Contact Lens Sales industry has benefited from more consumers purchasing eyewear products from online retailers, rather than brick-and-mortar stores. Furthermore, the burgeoning elderly population has provided a boon to the industry. However, in the next five years, the industry will endure rising external competition, slowing industry growth. Nevertheless, many online retailers will expand their software that enables consumers to virtually try on products or try on frames at home, boosting demand for industry services.... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of establishments in the Online Eyeglasses and Contact Lens Sales industry is not proportional to the population distribution. While largely populated regions are the most important to the industry, the number of establishments per capita varies considerably across the country. This is dissimilar to the rest of the eyewear retail industry, where it is necessary for physical stores to be located near customers. Online retailers only require a warehouse space in which to store goods, which are then delivered to customers via mail.
Major hubs for industry operators include the West, Southeast and the Mid-Atlantic regions. These are the most-populated regions in the United States, but the Southeast has fewer industry establishments per person than the West... purchase to read more