Key Market Indicators
The import value of prescription glasses in Laos is projected to decline slightly over the next five years. According to the latest data, the import figure will decrease to approximately $1,670 by 2028, down from around $1,680 in 2023. This represents an average annual decline of 0.1%. The trend is consistent with historical data, which shows that Lao demand for prescription glasses has been experiencing a similar annual decrease of 0.1% since 2016.