Major Group SIC 5048 - Ophthalmic Goods

SIC 5048 - Ophthalmic Goods

SIC 50 - Wholesale Trade-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 504 - Professional And Commercial Equipment And Supplies
  SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies SIC 502 - Furniture And Home Furnishings SIC 503 - Lumber And Other Construction Materials SIC 504 - Professional And Commercial Equipment And Supplies SIC 505 - Metals And Minerals, Except Petroleum SIC 506 - Electrical Goods SIC 507 - Hardware, And Plumbing And Heating Equipment And Supplies SIC 508 - Machinery, Equipment, And Supplies SIC 509 - Miscellaneous Durable Goods
  - SIC 5048 - Ophthalmic Goods
    SIC 5043 - Photographic Equipment And Supplies SIC 5044 - Office Equipment SIC 5045 - Computers And Computer Peripheral Equipment And Software SIC 5046 - Commercial Equipment, Not Elsewhere Classified SIC 5047 - Medical, Dental, And Hospital Equipment And Supplies SIC 5048 - Ophthalmic Goods SIC 5049 - Professional Equipment And Supplies, Not Elsewhere Classified

Establishments primarily engaged in the wholesale distribution of professional equipment and goods used, prescribed, or sold by ophthalmologists, optometrists, and opticians, including ophthalmic frames, lenses, and sunglass lenses.

Industry trends:

The ophthalmic goods industry, categorized under NAICS 5048, is experiencing several qualitative trends reflecting both technological advancements and changing consumer preferences. One prominent trend is the increasing adoption of smart eyewear. Innovations such as augmented reality (AR) glasses and other wearable technologies are gaining traction, providing consumers with both vision correction and enhanced digital experiences. This segment is expected to grow exponentially as tech giants enter the market and collaborate with established ophthalmic brands.

Customization is another significant trend. Consumers are demanding personalized eyewear solutions, from bespoke frames to tailored lens technologies that cater to individual vision needs, including blue light filtering and anti-fatigue coatings. This desire for unique and customized products is pushing manufacturers to adopt more flexible and responsive production processes, including 3D printing technologies.

The industry also sees a rising focus on sustainability. Eco-conscious consumers are driving demand for environmentally friendly materials and production processes. Companies are responding by developing sustainable eyewear options, utilizing recycled materials, and reducing their carbon footprints. This trend is expected to continue as environmental awareness grows globally.

With an aging global population, the demand for ophthalmic goods, particularly corrective lenses, is projected to increase. The prevalence of digital screen usage is also contributing to a higher incidence of eye strain and related conditions, thereby bolstering the market for vision correction solutions.

Looking forward, the ophthalmic goods industry is poised for continued growth driven by technological integration, customization, sustainability, and increasing demand stemming from demographic shifts and lifestyle changes. As companies innovate and diversify their product offerings, they will be well-positioned to capture new market opportunities and meet evolving consumer expectations.

This industry is comprised of:

Frames, ophthalmic-wholesale

Lenses, ophthalmic-wholesale

Ophthalmic goods-wholesale

Optometric equipment and supplies-wholesale

Explore related industries:

SIC 3231 - Glass Products, Made Of Purchased Glass SIC 3851 - Ophthalmic Goods SIC 5995 - Optical Goods Stores

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