The analysis of European sold production of contact and spectacle lenses in 2023 reveals Hungary as the dominant producer, holding a significant share of 84.24%. Italy, Germany, and France follow with 3.08%, 2.72%, and 2.66% respectively. Notable year-on-year increases were observed in Lithuania (13.74%), followed by France (9.81%) and Serbia (7.89%), indicating growing production capacities in these countries. On the contrary, Portugal and Greece experienced declines, with Greece seeing the most substantial drop of -11.09%.
Future trends to watch involve potential shifts towards more sustainable production methods. Environmental concerns might drive investments in environmentally friendly lens materials and energy-efficient manufacturing processes, potentially reshaping market dynamics and causing a change in regional production shares. Additionally, technological advancements in lens manufacturing could further influence competitive dynamics across European countries.
Top countries in Sold Production of Contact Lenses, Spectacle Lenses Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 84.24 | 2023 | +6.47% | +7.18% | View data |
| 2 | 2 Italy | 3.08 | 2023 | +2.04% | +7.3% | View data |
| 3 | 3 Germany | 2.72 | 2023 | +1.04% | +0.3% | View data |
| 4 | 4 France | 2.66 | 2023 | -0.38% | +9.81% | View data |
| 5 | 5 Portugal | 1.65 | 2023 | +6.69% | -0.027% | View data |
| 6 | 6 Spain | 1.26 | 2023 | -0.96% | -4.29% | View data |
| 7 | 7 Serbia | 0.26 | 2023 | +5.32% | +7.89% | View data |
| 8 | 8 Poland | 0.21 | 2023 | +4.47% | +6.52% | View data |
| 9 | 9 Netherlands | 0.2 | 2023 | -0.32% | +1.99% | View data |
| 10 | 10 Lithuania | 0.11 | 2023 | +7.11% | +13.74% | View data |
