2024 “White Paper on China’s Optical Lens Industry” released: Lens brands are concentrated in the head, and retail sales will grow by more than 10 billion in the next five years

Xinmin Evening News (Reporter Zhang Yuyun) Recently, the internationally renowned organization Frost & Sullivan released the latest "White Paper on China's Optical Lens Industry" for 2024. According to the development trends of China's lens industry, national demand for lenses continues to grow. , the future industry market is vast.
In recent years, with the improvement of people's living standards and the increasing demand for vision correction, Chinese residents' purchase demand for various types of eyewear products has also been growing. It has been observed that the retail sales of China's spectacle lens industry will continue to grow from 2018 to 2023, with retail sales reaching approximately 34.81 billion yuan in 2023.

With the development of the industry, consumers' awareness of eyewear products has gradually deepened. Under the trend of increasing demand for functional lenses, retail sales will continue to grow in the next five years. The white paper predicts that China's lens retail sales will reach 45.71 billion yuan in 2028.
In addition, China’s myopia management lens market has huge potential. Before 2018, there were few participants in China's defocus lens market, mainly foreign brands. In 2010, Zeiss launched the first myopia management defocus lens "Chengle". After 2018, domestic brands have continued to join the defocus lens market. In 2021, Mingyue Lens launched "Easy Control" peripheral defocus lenses and "Easy Control PRO" multi-point defocus lenses. Since then, China's youth myopia management defocus lenses market has entered High-speed development stage.
In 2023, China's youth myopia management defocus lens market size will reach approximately 14.68 billion yuan in terms of retail sales. In the future, as the demand for defocus lenses continues to increase and consumers' awareness of the defocus lens market increases, retail sales are expected to reach 47.76 billion yuan in 2028.

 

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Post time: Apr-27-2024