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 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