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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.
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