Southeast Asia Contact Lenses Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034

Southeast Asia Contact Lenses Market was valued at USD 342.5 million in 2024 and is estimated to grow at a CAGR of 2.6% to reach USD 441.3 million by 2034.

Market growth is driven by the rising prevalence of myopia across Southeast Asia, increasing disposable incomes, and improving access to eye care services. Rapid urbanization extended screen time among younger populations, and changing lifestyle patterns are significantly increasing the need for vision correction solutions. In addition, continuous innovation in lens materials, improved oxygen permeability, and enhanced comfort are encouraging consumers to shift from traditional spectacles to contact lenses. The growing influence of cosmetic appearance and convenience, especially among working professionals and young consumers, is further supporting sustained market expansion across the region.

By product type, the soft contact lenses segment reached USD 89.3 million in 2024. Soft contact lenses are widely preferred due to their superior comfort, flexibility, and immediate adaptability compared to rigid alternatives. Their ability to conform naturally to the eye surface makes them suitable for extended wear and daily use, which is particularly appealing in humid Southeast Asian climates. The availability of soft lenses across corrective and cosmetic categories, along with advances in silicone hydrogel materials that enhance breathability and moisture retention, continues to strengthen their adoption. Increasing awareness of eye health and the availability of customized prescriptions further reinforce the strong position of soft contact lenses in the regional market.

In terms of product, the corrective contact lenses accounted for the largest share, valued at USD 245.7 million in 2024. Corrective lenses are extensively used to address refractive errors such as myopia, hyperopia, astigmatism, and presbyopia, which are increasingly common across Southeast Asia. The rising incidence of digital eye strain, early-onset myopia among children, and an aging population requiring vision correction are key contributors to this segment’s dominance. Corrective lenses are also benefiting from technological improvements that enhance visual clarity, reduce dryness, and support longer wear durations. Their essential role in daily vision correction ensures consistent demand across both urban and semi-urban areas.

Indonesia Contact Lenses Market reached USD 100.4 million in 2024, driven by its large population base, rising awareness of eye care, and growing middle-class income levels. Increasing penetration of optical retail chains, expanding eye care clinics, and improving access to affordable contact lenses are fueling market growth in the country. Indonesia’s young demographic profile and growing demand for both corrective and cosmetic lenses, particularly among urban consumers, further strengthen its position as the largest revenue contributor within the region.

Key players operating in the Southeast Asia Contact Lenses Market include Alcon Inc., Johnson & Johnson Vision Care, Bausch + Lomb, CooperVision, Menicon Co., Ltd., Clearlab SG Pte Ltd, FreshKon, HOYA Corporation, Pegavision, SEED Co., Ltd., Neo Vision, Brighten Optix, and Supervision Optimax Sdn Bhd, among others. These companies compete through product innovation, regional expansion, and strong distribution networks. Companies in the Southeast Asia Contact Lenses Market are focusing on product innovation and portfolio diversification to strengthen their market position. Leading players are investing in advanced materials such as silicone hydrogel to improve comfort, oxygen permeability, and wear duration. Expansion of localized manufacturing and distribution facilities helps reduce costs and improve supply reliability. Show more