Key Market Indicators
India's prescription glasses import market is projected to decline to approximately $6.7 million by 2028, down from around $8.4 million in 2023. This represents an average annual decrease of 3.7%. The country's demand for prescription glasses has been decreasing at a rate of 0.3% per year since 1993. On the export front, India's prescription glasses market saw a significant drop in 2018, with exports totaling about $26,000, down from roughly $34,000 in 2017. This marks a sharp 24.7% decline from the previous year. Since 1993, India's supply of prescription glasses for export has been decreasing at an annual rate of 4.6%.