Global Soft Contact Lenses Market Growth 2025-2031

The global Soft Contact Lenses market size is predicted to grow from US$ 9883 million in 2025 to US$ 12060 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Soft contact lenses are made of soft, flexible plastics that allow oxygen to pass through to the cornea. Soft contact lenses may be easier to adjust to and are more comfortable than rigid gas permeable lenses.

Market Drivers

Increasing Prevalence of Vision Disorders: Rising cases of refractive errors such as myopia, hyperopia, astigmatism, and presbyopia are driving the demand for corrective lenses, including soft contact lenses. According to WHO, the prevalence of myopia is increasing globally, especially among younger populations.

Advancements in Contact Lens Technology:Innovations such as silicone hydrogel lenses, which offer better oxygen permeability, and daily disposable lenses that reduce infection risk, have made soft lenses more comfortable and safer for users.

Growing Demand for Cosmetic and Colored Contact Lenses:An increasing number of people are using contact lenses for aesthetic purposes, including colored lenses to change eye appearance, boosting the market.

Rising Disposable Income and Healthcare Awareness:As disposable income rises, especially in developing regions, more individuals can afford premium products like soft contact lenses. In addition, greater awareness of eye health has contributed to the market’s growth.

Increasing Preference for Non-Invasive Vision Correction:Many individuals are opting for contact lenses over more invasive treatments like LASIK surgery, especially among younger individuals who prioritize flexibility.

Market Challenges

Risk of Eye Infections and Complications: Incorrect handling, poor hygiene, or improper use of contact lenses can lead to serious eye infections or complications such as corneal ulcers, which may deter potential users. Educating users on proper lens care is essential but remains a challenge.

Cost of Contact Lenses and Replacement Frequency: Soft contact lenses, particularly daily disposable or advanced technology lenses, can be costly, making them less accessible to certain consumers. The recurring expense for replacements (daily, weekly, or monthly) adds to the burden.

Competition from Alternatives (Eyeglasses and LASIK): Eyeglasses remain a more cost-effective and convenient option for many. Additionally, surgical solutions like LASIK offer a permanent solution to refractive errors, which can impact the demand for soft lenses.

Environmental Concerns: The growing use of disposable lenses has raised concerns about environmental sustainability. The plastic waste generated from daily disposables and packaging is becoming a challenge for both consumers and manufacturers, pressuring companies to adopt eco-friendly practices.

Global soft contact lenses includes Johnson and Johnson Vision Care, Novartis, CooperVision, etc. Global top 3 companies hold a share over 60%. Asia-Pacific is the largest market, with a share about 37%, followed by North America and Europe with the share about 30% and 23%.

LP Information, Inc. (LPI) ' newest research report, the “Soft Contact Lenses Industry Forecast” looks at past sales and reviews total world Soft Contact Lenses sales in 2024, providing a comprehensive analysis by region and market sector of projected Soft Contact Lenses sales for 2025 through 2031. With Soft Contact Lenses sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soft Contact Lenses industry.

This Insight Report provides a comprehensive analysis of the global Soft Contact Lenses landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Soft Contact Lenses portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soft Contact Lenses market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soft Contact Lenses and breaks down the forecast by Type, by Purchase Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Soft Contact Lenses.

This report presents a comprehensive overview, market shares, and growth opportunities of Soft Contact Lenses market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Silicone Hydrogel
Hydrogels
Other

Segmentation by Purchase Channel:
Hospital and Clinic
Optical Store
Online Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Johnson and Johnson
Alcon
CooperVision
Bausch and Lomb
St.Shine Optical
Menicon
Hydron
Weicon
Bescon
Seed
Oculus
Belmore Contact
DreamCo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Soft Contact Lenses market?

What factors are driving Soft Contact Lenses market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Soft Contact Lenses market opportunities vary by end market size?

How does Soft Contact Lenses break out by Type, by Purchase Channel?

Please note: The report will take approximately 2 business days to prepare and deliver.