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Lenses

Global demand for lenses is forecast to expand 1.6% p.a. between 2016 and 2020. Currently, contact lenses account for 49.4% of the global demand while the remaining market share is divided between spectacle lenses of glass (3.2%) and spectacle lenses of other materials (47.5%).

China, Germany, Sri Lanka, the United Kingdom and the United States are considered the highest potential markets in the coming years. France, Germany, Ireland, the United Kingdom and the United States represent the largest lens markets while the strongest annual growth is forecast to occur in Sri Lanka (14.0%), Vietnam (10.9%), Jordan (7.7%), Tanzania (6.4%) and Malaysia (6.1%).

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