South Korea Contact Lenses Market Size, Industry Trends, Growth Report 2034

The South Korea contact lenses market size was USD 179.66 Million in 2025 and is expected to reach USD 272.62 Million by 2034.

South Korea Contact Lenses Market Size, Share, Trends and Forecast by Material, Design, Usage, Application, Distribution Channel, and Region, 2026-2034

Market Overview

The South Korea contact lenses market size was USD 179.66 Million in 2025 and is expected to reach USD 272.62 Million by 2034, growing at a CAGR of 4.74% during 2026-2034. Key market drivers include rising vision disorders, innovation in lens materials, and an increasing preference for online retail. Aging demographics, advanced optical technology, and widespread e-commerce adoption are boosting market growth and accessibility.

Study Assumption Years

  • Base Year: 2025
  • Historical Years: 2020-2025
  • Forecast Period: 2026-2034

South Korea Contact Lenses Market Key Takeaways

  • Current Market Size: USD 179.66 Million in 2025
  • CAGR: 4.74%
  • Forecast Period: 2026-2034
  • Recent advancements in lens materials such as silicone hydrogel and hybrid formulations are enhancing comfort and eye health.
  • The rising prevalence of refractive vision disorders like myopia, hyperopia, and astigmatism is driving demand.
  • E-commerce platforms have significantly changed buying habits, improving convenience and expanding product variety.
  • The aging population, with those over 65 years expected to surpass 20% by 2025, increases demand for vision correction.
  • Digital technologies and manufacturing innovations support production of high-quality, customized lenses.

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Market Growth Factors

The South Korea contact lenses market share is spurred by significant advancements in lens materials and technology. Recent innovations in material science have led to the development of silicone hydrogel and hybrid formulations, which enhance oxygen transmission, moisture retention, and lens adaptability. These improvements significantly increase comfort and promote eye health for users.

Additionally, advances in digital molding, 3D printing, and nanotechnology have enabled manufacturers to produce ultra-thin, lightweight, and durable lenses that alleviate dryness and discomfort during extended wear periods. Automated systems ensure high production accuracy, cleanliness, and quality control, fostering consumer trust in premium products.

The increasing prevalence of vision disorders is a major growth driver. Refractive issues such as myopia, hyperopia, and astigmatism are rising due to factors like increased screen time, academic pressures, and widespread use of digital devices among younger populations.

Furthermore, South Korea's aging demographic, with 19.2% of the population aged 65 and above in 2024—projected to exceed 20% by 2025 and reach 30% by 2036—further drives demand for effective, comfortable vision correction solutions. Contact lenses are preferred over glasses due to better peripheral sight, convenience, and aesthetic appeal. Increased endorsement from ophthalmologists and early detection programs also expand market reach.

The rapid growth of online retail and e-commerce platforms in South Korea transforms contact lens buying habits by offering enhanced convenience, accessibility, and a broad product range. The country's e-commerce sector was valued at USD 510 Billion in 2024, reflecting robust digital infrastructure and high online transaction volumes. This transition promotes subscription and direct-to-consumer models, encouraging product renewal and brand loyalty. Improved security, faster shipping, and flexible return policies enhance consumer confidence. E-commerce platforms also support public health awareness through comprehensive product information and expert advice, while reducing distribution costs and expanding market access, especially in urban and rural areas.

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Market Segmentation

Material Insights:

  • Gas Permeable
  • Silicone Hydrogel
  • Hybrid
  • Others

A detailed breakup and analysis of the market based on the material have also been provided in the report. This includes gas permeable, silicone hydrogel, hybrid, and others.

Design Insights:

  • Spherical
  • Toric
  • Multifocal
  • Others

The report has provided a detailed breakup and analysis of the market based on the design. This includes spherical, toric, multifocal, and others.

Usage Insights

  • Daily Disposable
  • Disposable
  • Frequently Replacement
  • Traditional

A detailed breakup and analysis of the market based on the usage have also been provided in the report. This includes daily disposable, disposable, frequently replacement, and traditional.

Application Insights:

  • Corrective
  • Therapeutic
  • Cosmetic
  • Prosthetic
  • Lifestyle-oriented

The report has provided a detailed breakup and analysis of the market based on the application. This includes corrective, therapeutic, cosmetic, prosthetic, and lifestyle-oriented.

Distribution Channel Insights:

  • E-commerce
  • Eye Care Practitioners
  • Retail Stores

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes e-commerce, eye care practitioners, and retail stores.

Regional Insights:

  • Seoul Capital Area
  • Yeongnam (Southeastern Region)
  • Honam (Southwestern Region)
  • Hoseo (Central Region)
  • Others

The report has also provided a comprehensive analysis of all the major regional markets, including Seoul Capital Area, Yeongnam, Honam, Hoseo, and others.

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Regional Insights

The dominant region in the South Korea contacts lenses market is the Seoul Capital Area, supported by its advanced healthcare infrastructure and high consumer adoption of optical technologies. The market in this region benefits from growing urbanization and increasing demand for innovative contact lens products, reflecting the overall growth trends of the national market. Specific regional statistics such as market share or CAGR by region are not provided in the source.

Recent Developments & News

In August 2025, South Korean researchers from KAIST, ETRI, and Seoul National University Bundang Hospital developed the world’s first wireless OLED-based contact lens for retinal diagnostics. This innovative lens enables portable, machine-free eye tests controlled by a sleep mask, potentially revolutionizing retina care, myopia treatment, and augmented reality applications.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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