Pentax 2013 Annual Report Download - page 20

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Copyright 2013 © HOYA CORPORATIONCopyright 2013 © HOYA CORPORATIONCopyright 2013 © HOYA CORPORATION
G r o w t h D r i v e r
Potential of the
Eyeglass Lens Business
3
Eyeglass lenses are another business Hoya is identifying as a key growth driver.
The eyeglass lens market has high growth potential thanks to the aging of global population and other factors.
Here we explain the characteristics and growth potential of Hoya's eyeglass lens business.
The global eyeglass lens wholesale market is expected to increase from $11.3 billion in 2012 to $15.0 billion by 2025,
particularly supported by growth in progressive lenses(PAL). On the back of the aging of the global population and the
expanding middle-income population in emerging countries, the eyeglass lens market is projected to keep growing.