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Glasses & Contact Lens Manufacturing in the US
IBISWorld, Aug 2011, Pages: 35
Eye on technology: New products and an aging population will drive demand and revenue
Glasses & Contact Lens Manufacturing in the US
Looking up
After a period of growth and decline, the industry will experience stable demand over the next five years. As the US population ages, manufacturers will look to capitalize on heightened demand for lens products. Nevertheless, smaller firms will be hurt by technological advances, being forced to exit the industry or consolidate into larger firms that seek access to their intellectual property.
This industry includes firms that manufacture ophthalmic goods including eyeglass frames, lenses and contact lenses. The industry also produces sunglasses and goggles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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