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 Analysis Chapter
Over the past five years, the Online Eyeglass and Contact Lens Sales industry has benefited from more consumers purchasing eyewear products from online retailers, rather than brick-and-mortar stores. Consequently, according to 2013 data (latest data available) from Vision Monday, about 61.0% of individuals purchased optical products from online retailers. In particular, 29.9% of individuals surveyed made their last purchase of contact lenses online, followed by prescription eyeglasses (18.3%), sunglasses (19.7%) and over-the-counter (OTC) reading glasses (8.3%).
In 2013, 2.3 million prescription eyeglasses were purchased online, up significantly from 1.5 million in 2010... purchase to read more