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Eyeglasses & Contact Lens Stores in Newfoundland

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NL44613CA

Eyeglasses & Contact Lens Stores in Newfoundland industry analysis

Revenue for the Eyeglasses & Contact Lens Stores industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Eyeglasses & Contact Lens Stores in Newfoundland Market Research Report

What’s Included in the Eyeglasses & Contact Lens Stores in Newfoundland Market Research Report

Definition of the Eyeglasses & Contact Lens Stores in Newfoundland?

Operators in the Eyeglasses and Contact Lens Stores industry in Canada sell eyeglasses, contact lenses, sunglasses, safety eyewear and optical accessories. These retail stores may also provide fitting and lens processing services. This industry excludes the manufacture of lenses, online and mail-order retail of optical goods and sales at optometrists’ offices.

What’s included in the Eyeglasses & Contact Lens Stores in Newfoundland?

The Eyeglasses & Contact Lens Stores in Newfoundland includes prescription eyeglass retailing, contact lens retailing, sunglass retailing, optical accessories retailing, in-house lens processing and lens grinding. Related terms covered in the Eyeglasses & Contact Lens Stores in Newfoundland industry report includes individuals that earn a doctor of optometry degree, perform eye exams, write prescriptions and dispense eyewear, the transmission of electronic documents between businesses from one computer system to another, a system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale, a machine used in eye exams that measures how light is changed as it enters the eye and an eye surgery that involves removing all or part of the lens and replacing it with an intraocular lens implant.

Industry Performance of the Eyeglasses & Contact Lens Stores industry in Newfoundland

Benchmark the Eyeglasses & Contact Lens Stores in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Eyeglasses & Contact Lens Stores in Newfoundland

#9 in Highest Revenue 1.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Eyeglasses & Contact Lens Stores in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Eyeglasses & Contact Lens Stores industry in Newfoundland

See how key industry drivers, such as population, per capita disposable income, gross domestic product, consumer confidence index, number of adults aged 65 and older and demand from optometrists are impacting Eyeglasses & Contact Lens Stores in Newfoundland

Newfoundland Economic Indicators

Population
Per Capita Disposable Income
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Consumer confidence index
Number of adults aged 65 and older
Demand from optometrists

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Eyeglasses & Contact Lens Stores industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Eyeglasses & Contact Lens Stores in Newfoundland, such as St. John's, Grand Falls-Windsor and Corner Brook. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Eyeglasses & Contact Lens Stores industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Eyeglasses & Contact Lens Stores industry in Newfoundland in 2025?

The market size of the Eyeglasses & Contact Lens Stores industry in Newfoundland is $48.5m in 2025.

How many businesses are there in the Eyeglasses & Contact Lens Stores industry in Newfoundland in 2025?

There are 78 businesses in the Eyeglasses & Contact Lens Stores industry in Newfoundland, which has been growing at an average annual rate of 0.3% from 2020 to 2025.

Has the Eyeglasses & Contact Lens Stores industry in Newfoundland grown or declined over the past 5 years?

The market size of the Eyeglasses & Contact Lens Stores industry in Newfoundland has been declining at an average annual rate of -3.5% from 2020 to 2025.

How many employees in the Eyeglasses & Contact Lens Stores industry in Newfoundland in 2025?

There are 164 employees in the Eyeglasses & Contact Lens Stores industry in Newfoundland, which has been growing at an average annual rate of 4.0% from 2020 to 2025.