Key Market Indicators
Kuwait's import of prescription glasses is projected to drop significantly over the next few years. By 2028, the value is expected to fall to approximately $7,800, down from around $9,300 in 2023. This decline represents a compound annual growth rate (CAGR) of -2.9%. Despite the anticipated downturn, it's worth noting that since 2005, the demand for prescription glasses in Kuwait has seen a steady increase, with an annual growth rate of 5.4%. These figures suggest a shift in market dynamics that could influence both local and international suppliers in the coming years.