Eye Care (Pharmacies) - France

France

Highlights

Revenue in the Eye Care market is projected to reach US$102.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.11%, resulting in a market volume of US$107.70m by 2029.
In global comparison, most revenue will be generated Japan (US$904.40m in 2024).
In relation to total population figures, per person revenues of US$1.57 are generated in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Eye Care (Pharmacies) market in France is witnessing significant growth and development.

Customer preferences: Customers in France are increasingly concerned about their eye health and are seeking products and services that can help them maintain good vision. This has led to a growing demand for eye care products and services in the country. Customers are also becoming more aware of the importance of regular eye check-ups and are willing to invest in preventive measures to protect their eyes.

Trends in the market: One of the key trends in the Eye Care (Pharmacies) market in France is the increasing popularity of natural and organic eye care products. Customers are becoming more conscious about the ingredients used in the products they use and are opting for natural and organic alternatives. This trend is driven by the growing awareness about the potential harmful effects of chemicals and synthetic ingredients on eye health. Another trend in the market is the rising adoption of digital eye care solutions. With the increasing use of digital devices such as smartphones, tablets, and computers, customers are experiencing more eye strain and discomfort. As a result, there is a growing demand for products and services that can help alleviate these symptoms. This includes products such as blue light blocking glasses and eye drops specifically formulated for digital eye strain.

Local special circumstances: France has a well-developed healthcare system, which includes a strong network of pharmacies. Pharmacies play a crucial role in the distribution of eye care products and services in the country. Customers in France have easy access to a wide range of eye care products and can seek advice from trained pharmacists. This accessibility and convenience contribute to the growth of the Eye Care (Pharmacies) market in France.

Underlying macroeconomic factors: The Eye Care (Pharmacies) market in France is also influenced by several macroeconomic factors. The overall economic growth of the country plays a significant role in the market's development. As the economy grows, consumers have more disposable income to spend on eye care products and services. Additionally, the aging population in France is driving the demand for eye care products and services. With age, the risk of eye diseases and vision problems increases, leading to a higher demand for eye care solutions. The growing elderly population in France is a key driver of the Eye Care (Pharmacies) market. In conclusion, the Eye Care (Pharmacies) market in France is experiencing growth and development due to customer preferences for natural and organic products, the rising adoption of digital eye care solutions, the accessibility of pharmacies, and underlying macroeconomic factors such as economic growth and an aging population.

Data coverage:

The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.