Glasses & Contacts Wholesaling in the US
Revenue growth for the Glasses and Contacts Wholesaling industry during the period is in part a result of favorable economic conditions. As per capita disposable income increased, consumers were more able and willing to purchase eyeglasses and sunglasses. In addition, as the number of adults aged 50 and above increased, demand for eyewear increased. During the period, major companies within the industry also consolidated in an attempt to increase their market shares and profit margins by benefiting from economies of scale. and from optometrists and eyecare professionals are expected to continue rising over the next five years. In addition, the industry will continue to benefit from the growing incidence of age-related eye problems, such as macular degeneration, which will continue to drive consumer demand for prescription eyewear.
Operators in this industry sell eyeglasses, contact lenses, sunglasses, eyeglass frames and reading glasses to eyecare professionals and retailers. This industry also includes distributors that resell professional equipment and instruments.
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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