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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 2014

Clear vision: Online eyewear sales will grow, 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
$720m
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
693
Businesses
205
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 Investment Chapter

The Online Eyeglasses and Contact Lens Sales industry exhibits a high level of capital intensity. In 2014, for every dollar spent on wages, the industry incurs an estimated $0.66 in capital expenditures. Capital-related costs include warehouse space, computer equipment and distribution expenditures. Additionally, online eyeglasses and contact lens retailers have capital costs from purchasing a domain name and a website hosting provider. To maintain their websites and protect consumers from fraud, online retailers need to purchase and maintain computers, printers, software programs, such as electronic payment programs and firewalls.

Comparatively, wage costs include hiring contracted website designers... 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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