The Glasses and Contacts Wholesaling industry has exhibited growth, driven by downstream markets (e.g. eye care professionals and retailers) using wholesalers to fulfill their inventory requirements. However, the incidence of wholesaler bypass has occurred over the past five years, partly due to many mass merchandisers expanding to include both distribution and retail in their operations. In the coming years, the industry is expected to grow, driven by some optometrists and ophthalmologists expanding their product portfolio to include dispensing prescription and nonprescription eyewear. In response, many optometrists and ophthalmologists that operate independent practices will turn to optical wholesalers to provide quick product turnaround and fulfill inventory requirements.
Operators in this industry sell eyeglasses, contact lenses, sunglasses, eyeglass frames and reading glasses to eye care professionals and retailers. This industry also includes distributors that resell professional equipment and instruments.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.