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THAILAND CONTACT LENSES MARKET 20192025 [Published by Triton Market Research] Prices from USD $616

16:34 EST 4 Dec 2019 | BioPortfolio Reports

MARKET OUTLOOK

The contact lenses market in Thailand is expected to have a CAGR of 3.77% during the forecasted period of 20192025.

Myopia has become increasingly prevalent among people in Thailand, with increased usage of smartphones and computers, along with extended studying and working hours. This has fueled the growth of the contact lenses market in Thailand. Even though new product developments help accelerate value growth via higher unit prices, many consumers are still priceconscious and are careful about spending on contact lenses. Also, even if the sales continue to rise, growth is being limited by a number of reasons, such as the fact that many older adults prefer spectacles. While new technologies will help to drive growth within contact lenses, medical advancements such as Lasik technology could limit demand.

COMPETITIVE OUTLOOK

The biggest brands in the Thailand contact lenses market are Ciba Vision Thailand Ltd., Maxim InterCorp Co., Ltd., Johnson Johnson Thailand Ltd. and Bausch Lomb Thailand Co., Ltd.

Original Article: THAILAND CONTACT LENSES MARKET 20192025 [Published by Triton Market Research] Prices from USD $616

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