AnythingResearch - Industry Analysis and Market Research Reports
Better Data, Better Decisions

Eye Glasses & Contact Lens Stores Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
- Market Size
(industry trends)
. .
- Market Forecast   .
- Products/Services Breakdown   .
- Revenue per State . .
$ Financial Metrics . .
$ Salary & Compensation Benchmarks . .
@ Key Companies   .
- Industry News & Innovators   .
Instant Download - Available immediately upon purchase . .
Download both PDF and Excel
Download to PDF Download to Excel
. .
Download now:

download sample report


2018 Market Analysis & Industry Outlook: Eye Glasses & Contact Lens Stores

Overview: the U.S. Eye Glasses & Contact Lens Stores Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Eye Glasses & Contact Lens Stores: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Eye Glasses & Contact Lens Stores industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Optical Goods, Including Eyeglasses, Contact Lenses, Sunglasses.

Prescription Eyeglasses

Contact Lenses

Nonprescription Eyeglasses & Sunglasses

All Other Optical Goods & Accessories

All Nonmerchandise Receipts

Fees From Eye Examinations

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Eye Glasses & Contact Lens Stores Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Eye Glasses & Contact Lens Stores companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Eye Glasses & Contact Lens Stores company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Eye Glasses & Contact Lens Stores industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Eye Glasses & Contact Lens Stores measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

Order at top of page
Chief Executives0%
General and Operations Managers2%
Healthcare Practitioners and Technical Occupations 35%
Health Diagnosing and Treating Practitioners 13%
Pharmacists 12%
Pharmacists 12%
Health Technologists and Technicians 22%
Health Practitioner Support Technologists and Technicians 19%
Pharmacy Technicians 19%
Sales and Related Occupations 43%
Supervisors of Sales Workers 7%
First-Line Supervisors of Sales Workers 7%
First-Line Supervisors of Retail Sales Workers 7%
Retail Sales Workers 35%
Cashiers 19%
Cashiers 19%
Retail Salespersons 16%
Retail Salespersons 16%
Office and Administrative Support Occupations 10%
Source: Bureau of Labor Statistics

Eye Glasses & Contact Lens Stores Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Vision Group trademarks "CATARACT VISION INSTITUTE" - Eye care services - 03/03/2018
  • National Vision Holdings trademarks "THE WORLD'S BEST WAY TO BUY GLASSES." - retail store services in the field of optical goods - 02/27/2018
  • Jand trademarks "" - EYEWEAR; EYEGLASSES; EYEGLASS FRAMES - 02/24/2018
  • Ferno-Washington patents Cot Fastening System Having A Crash Stable, Cot Fastener Track And Method Of Affixing An Emergency Cot Thereto - 09/07/2017
  • Jand patents Systems And Methods For Determining Distance From An Object - 07/20/2017
  • West Point Optical Group raises $1 million in funding. - 11/03/2015
  • Jand raises $2 million in funding. - 05/08/2015

  • Top Innovators

    CompanyInnovation Score
    Gunnar Optiks10
    National Vision Holdings

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Global Contact Lenses Market industry Analysis, trends and Forecast to 2021 - (EMAILWIRE.COM, January 10, 2018 ) According to the report Global Contact Lenses Market published ... wider range of products, growth in eye disorder, and consumers’ preference for lenses over glasses. Additionally, consumer group, specifically ... (01/10/2018)
    • 6 Things to Know When Buying Glasses Online - If it doesn't, contact your eye ... the store's return policy and warranty. Some retailers won't allow you to return prescription lenses, while others offer generous return windows. When ordering online without the opportunity to try your glasses on ... (01/09/2018)
    • Vision quest: Where to save on eyeglasses and contacts in the Twin Cities - For example, Warby Parker offers $95 single-lens glasses in funky ... Checkbook shopped for glasses and contacts at a sample of internet stores. For eyeglasses, prices at almost all of the online retailers it shopped were substantially lower than surveyed ... (12/30/2017)
    • Shared vision: a new luxury eyewear brand with an impeccable pedigree - The choice of silhouette, frames and lenses helps define your place in the sprawling ... Meanwhile, Garrett’s first venture, in 2009, was a lifestyle concept store in Venice Beach selling eyewear with vintage Oliver Peoples frames alongside books ... (12/29/2017)
    • Global Vision Care Market (Eye Glasses and Contact Lenses) - Strategic Assessment and Forecast 2017 - 2022 - With the increased penetration of internet, the sale distribution of eyeglasses and contact lenses through online stores is expected to increase impressively during the forecast period. The rise of online stores as a distribution channel of vision care ... (11/30/2017)
    • 14 Secrets for Saving on Eyewear - Eyeglasses and contact lenses are a necessity for more than 150 million ... to you so you can determine where you’ll get the best deal for your money. Call your eyeglass store of choice to inquire about whether they currently have any coupons or deals ... (09/15/2016)
    • How to save hundreds on eye tests, glasses and contact lenses - Eye tests, glasses and contact lenses are unavoidable expenses ... including prescription lenses, in store or online. The price of contact lenses can range vastly, with the same brand costing much more depending on where, and how much, you buy. (01/24/2014)
    • Research and Markets: Eye Glasses & Contact Lens Stores in the US - Favorable Demographics and Demand for Luxury Brands will Drive Growth - has announced the addition of the "Eye Glasses & Contact Lens Stores in the US" report to their offering. Healthcare reform and favorable demographic changes will benefit the industry in the years to come. The aging US population will continue to drive ... (08/09/2013)
    • Glasses vs. Contact Lenses - Advertisement Let's start by estimating the amount of plastic that goes into a pair of contact lenses and a pair of eyeglasses. According to data collected in the early 2000s by Eurolens Research—an industry consulting group based at the University of ... (01/12/2010)

    Government Contracts

    In 2016, the federal government spent a total of $462,128 on Eye Glasses & Contact Lens Stores. It has awarded 43 contracts to 14 companies, with an average value of $33,009 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Eye Glasses & Contact Lens Stores to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Optical Goods, Including Eyeglasses, Contact Lenses, Sunglasses
    Competing IndustrySales Relative to Eye Glasses & Contact Lens StoresOpportunity/Threat
    Warehouse Clubs, Supercenters & Big Box Retail Competing industry
    Family Clothing Stores Competing industry
    Mail-Order Houses Competing industry

    Sales from other industries of Optical Goods, Including Eyeglasses, Contact Lenses, Sunglasses are less than those from Eye Glasses & Contact Lens Stores. This may mean that other channels are a competitive risk of increasing their Optical Goods, Including Eyeglasses, Contact Lenses, Sunglasses sales, taking market share from this industry.
    Optical Goods, Including Eyeglasses, Contact Lenses, Sunglasses Product Sales Report

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Sunglass stores, Optical goods stores (except offices of optometrists), Lens grinding, ophthalmic, in retail stores, etc.

    Related Reports

    Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.

    Industries Related to Eye Glasses & Contact Lens Stores

    Eye Glasses & Contact Lens Stores