2024 Eye Glasses & Contact Lens Stores Industry Research Report

Eye Glasses & Contact Lens Stores - Market Size and Industry Forecast

The 2024 Eye Glasses and Contact Lens Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the eye glasses & contact lens stores industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Eye Glasses & Contact Lens Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Eye Glasses & Contact Lens Stores companies in the United States.

Eye Glasses & Contact Lens Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesEye Glasses & Contact Lens Stores
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Eye Glasses & Contact Lens Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Eye Glasses & Contact Lens Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Eye Glasses & Contact Lens Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Optical goods, including eyeglasses, contact lenses, sunglasses
Prescription eyeglasses
Nonprescription eyeglasses & sunglasses
Contact lenses
All nonmerchandise receipts
Fees from eye examinations
All other optical goods & accessories
All other nonmerchandise receipts
Drugs, health aids, beauty aids, including cosmetics

Eye Glasses & Contact Lens Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

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Chief Executives0%
General and Operations Managers2%
Healthcare Practitioners and Technical Occupations37%
Health Diagnosing and Treating Practitioners14%
Pharmacists13%
Pharmacists13%
Health Technologists and Technicians23%
Health Practitioner Support Technologists and Technicians21%
Pharmacy Technicians20%
Sales and Related Occupations42%
Supervisors of Sales Workers6%
First-Line Supervisors of Sales Workers6%
First-Line Supervisors of Retail Sales Workers6%
Retail Sales Workers36%
Cashiers19%
Cashiers19%
Retail Salespersons16%
Retail Salespersons16%
Office and Administrative Support Occupations8%

Government Contracts

In the past, the federal government spent an annual total of $462,128 on the eye glasses & contact lens stores industry. It has awarded 43 contracts to 14 companies, with an average value of $33,009 per company.

Eye Glasses & Contact Lens Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Eye Glasses & Contact Lens Stores Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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