New Market Report: Contact Lenses in Indonesia

Contact lenses recorded good growth in 2015, with many young consumers considering such products as daily necessities. The number of consumers adopting contact lenses for eye-correction purposes is rising and some consumers are also switching to contact lenses for cosmetic and beauty purposes. Contact lenses are becoming more popular because consumers prefer to wear them when out the house.

Competitive Landscape

Johnson & Johnson Indonesia PT led contact lenses in 2014 with a value share of 45% due to the popularity of its Acuvue brand, which remains the most popular brand in contact lenses in Indonesia. Furthermore, the company continues to promote this brand aggressively. This brand was even more dominant in daily disposable lenses, where the company recorded a value share of 73% in 2014. In addition, the company also retained its clear leadership in weekly/monthly disposable lenses, recording a value share of 45%.

Industry Prospects

Full Report Details at
- http://www.fastmr.com/prod/1055262_contact_lenses_indonesia.aspx?afid=301

Contact lenses has a projected forecast period constant 2015 price value CAGR of 7%. Awareness of the comfort and safety of using contact lenses among consumers is increasing. As a result, value and volume sales will continue to grow. More people might choose contact lenses for eye-correction or cosmetic purposes while some may have both spectacles and contact lenses, with the former being worn in the home and the latter when out. Cosmetic contact lenses will continue to grow in popularity among young women who follow trends and fashion.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Contact Lenses industry in Indonesia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Contact Lenses industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Contact Lenses in Indonesia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* In which markets are daily disposables more popular than monthly and extended wear?
* Is coloured, toric, spherical or multifocal the dominant type of contact lens in Indonesia?

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