Eye Glasses & Contact Lens Stores Industry: Statistics, Forecasts, and Company Data

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

The 2023 Eye Glasses and Contact Lens Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the eye glasses & contact lens stores industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



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.

Distribution by Company Size

Company Size	All Industries	Eye Glasses & Contact Lens Stores
Small Business (< 5 Employees)
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:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
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

Eye Glasses & Contact Lens Stores - Financial Ratio Analysis

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

Financial Ratio	Industry Average
Profitability Ratios
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 Description	Description	Revenue ($ Millions)
Industry total
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

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	2%
Healthcare Practitioners and Technical Occupations	37%
Health Diagnosing and Treating Practitioners	14%
Pharmacists	13%
Pharmacists	13%
Health Technologists and Technicians	23%
Health Practitioner Support Technologists and Technicians	21%
Pharmacy Technicians	20%
Sales and Related Occupations	42%
Supervisors of Sales Workers	6%
First-Line Supervisors of Sales Workers	6%
First-Line Supervisors of Retail Sales Workers	6%
Retail Sales Workers	36%
Cashiers	19%
Cashiers	19%
Retail Salespersons	16%
Retail Salespersons	16%
Office and Administrative Support Occupations	8%

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

Company	Address	Revenue ($ Millions)