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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 | Mar 2015

Clear vision: Online eyewear sales will grow at a slower pace due to industry concentration

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 1-800 Contacts market share
Walgreen Co. Walgreen Co. market share
Industry Statistics & Market Size
Revenue
$344m
Annual Growth 10-15
16.6%
Annual Growth 15-20
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Profit
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Employment
697
Businesses
324
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 Products Chapter

Prescription contact lenses make up the majority of revenue in the industry. However, as the burgeoning elderly population will likely use prescription glasses more than contact lenses, prescription glasses are expected to exhibit growth over the next five years. Thanks to innovative technologies that enable customers to virtually try on glasses, many online retailers have benefited from strong consumer demand for glasses. Moreover, some industry operators, such as Warby Parker, have offered glasses with unique designs and low prices, thus stimulating demand for glasses.

Contact lenses

Contact lenses account for the largest share of industry revenue, with an estimated 65.0% of industry revenue in 2015... 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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