Eye Glasses & Contact Lens Stores in the US
The Eye Glasses and Contact Lens Stores industry has experienced growth, driven primarily by strong demand for eyewear products from the burgeoning elderly population. Nevertheless, eye glasses and contact lens stores have struggled to generate steady sales volumes, as many industry products do not require frequent customer purchases. As economic conditions continue to improve and per capita disposable income is forecast to rise, consumers will increase their expenditure on eye glasses and contact lenses, particularly high-margin, brand-name eyewear. To attract time-strapped consumers, many eye glasses and contact lens stores will increasingly invest in innovative technologies, such as lens measurement tools for stores that offer in-house optometrists and licensed opticians.
Establishments in this industry sell eyeglasses, contact lenses, sunglasses, safety eyewear and optical accessories. These retail stores may also provide fitting and lens processing services. The industry excludes the manufacture of lenses, online and mail-order retail of optical goods and sales at optometrists’ offices.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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