Essilor Singapore

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Vision Care Market


The market for ophthalmic lenses represents:
between 9 and 9.5 billion euros.
between 850 and 950 million lenses each year.
a 90% renewal rate.
a periodicity of 3 years.
Each year, the corrective lens market grows by an average of
0 to +2% in terms of volume
+3 to 4% in terms of value
 

A low lens adoption rate and the substitution between products of different generations make ophthalmic optics a promising sector.

Another source of growth is the ageing population. As of 45 years of age, all individuals start to show signs of presbyopia (difficulty adjusting) and require reading glasses.

* Above information are the data estimated in 2005