Contact Lens Solutions Global Market to Reach $3.5 Billion by 2030: Hydrogen Peroxide-based Solutions Gain Preference Owing to Their Higher Disinfection Capability

Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Contact Lens Solutions: Global Strategic Business Report" report has been added to's offering.

The global market for Contact Lenses Cleaning Solutions estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.

Multi Purpose, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$2.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Hydrogen Peroxide-based segment is readjusted to a revised 4.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $916.4 Million, While China is Forecast to Grow at 4.6% CAGR

The Contact Lenses Cleaning Solutions market in the U.S. is estimated at US$916.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$334 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Select Competitors (Total 53 Featured) -

  • Alcon Laboratories, Inc.
  • Allergan (A Company of AbbVie)
  • Bausch & Lomb, Incorporated
  • CooperVision, Inc.
  • FreshKon
  • Johnson & Johnson Vision Care, Inc.
  • Menicon Co., Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages367
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.7 Billion
Forecasted Market Value (USD) by 2030$3.5 Billion
Compound Annual Growth Rate3.3%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • US Contact Lens Purchases % Growth: January 2020-15June 2020
  • Trend in New Patient Bookings for Eye Examinations in the US: January 2020-15 June 2020
  • Studies Investigate the Efficacy of Contact Lens Solutions to Disinfect SARS-CoV-2
  • Contact Lens Solutions: An Introduction
  • Market Outlook
  • Multi-Purpose Solutions Account for Major Share, while Hydrogen Peroxide Solutions to Report Improved Growth
  • Asia-Pacific to Contribute to Future Growth
  • Increasing Adoption of Daily Disposable Contact Lenses Weaken Sales Momentum
  • Global Soft Lenses Market: Percentage Breakdown of Modality by Region for 2020
  • Summary of Major Lens Types
  • Expanding Wearer Base for Contact Lenses to Augment Growth
  • Penetration of Contact Lenses in Select Countries/Regions: 2019E
  • Breakdown of Contact Lens Users by Gender: 2020E
  • World Population by Age Group
  • Recent Market Activity
  • Competition
  • Market Share of Leading Players in the Global Contact Lens Solutions Market:L 2020E
  • World Brands
  • Contact Lens Solutions - Global Key Competitors Percentage Market Share in 2021 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)



  • New Formulations to Drive Growth
  • Companies Focus on New Solutions to Alleviate Contact Lens Discomfort
  • New Preservatives and Solutions to Address Sensitivity Issues
  • Select Contact Lens Solutions and Their Constituents
  • Hydrogen Peroxide-based Solutions Gain Preference Owing to their Higher Disinfection Capability
  • Rise in Myopic Population to Drive Growth
  • Global World Population with Myopia and High Myopia (in Million): 2000, 2010, 2020, and 2030
  • eCommerce and mCommerce Drive Growth Avenues for Contact Lens and Solution Companies
  • Urbanization and Improved Middle Class Spending: Megatrends with Significant Implications for Contact Lenses and Solutions Market
  • Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035




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Global Market for Contact Lenses Cleaning Solutions

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