Key Market Indicators
The Malaysian prescription glasses import market is projected to hit approximately $280,000 by 2028, rising from around $240,000 in 2023. This represents an average annual growth rate of 2.5%. Historically, since 1994, the demand for prescription glasses in Malaysia has increased by 7.3% each year. On the export front, Malaysia's prescription glasses market is expected to reach nearly $2.4 million by 2028, up from about $2 million in 2023. This signifies an average annual growth rate of 2.7%. Since 1994, the country's supply has grown annually by 4.6%. In 2023, Malaysia ranked fourth in global prescription glasses exports, with France narrowly ahead at approximately $2 million. China, France, and Malaysia occupied the second, third, and fourth spots, respectively, in this ranking.
