European eyecare industry expands in 2011

European eyecare industry expands in 2011

By Martin Burns

There was further growth in the European optics industry in 2011, with increasing sales of contact lenses helping to drive the expansion, the latest report reveals.

Figures presented by the retail and technology analyst GfK, following analysis of the European Optics industry, showed that industry leaders ended last year with sales up 1.9 per cent on 2010's figures.

The figure took into account all vision products, including ophthalmic lenses, contact lenses, contact lens solutions, sunglasses and frames.

GfK explained: "Contact lenses remained positive, as in the year before, ending 2011 with an increase in value of 1.6 per cent. This increase was driven by dailies, which accounted for more than 30 per cent of sales in the industry."

It comes after contact lens expert Dr Michael Kraftman, speaking to Optician Online recently, explained that sales of contact lenses are giving the eyecare industry "a much needed" boost during a time when consumer confidence is falling and global unemployment is on the rise.

by Adrian Galbreth

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