Key Market Indicators
Qatar's import of prescription glasses is projected to decline significantly over the next five years. According to recent data, the import value is expected to drop from approximately $10,140 in 2023 to around $7,640 by 2028. This marks a compound annual growth rate (CAGR) decline of 4.5%. However, the current downward trend contrasts with the growth observed over the past decade. Since 2010, the demand for prescription glasses in Qatar has increased by an average of 4.1% annually. The shifting demand dynamics highlight a notable change in the Qatari market for eyewear, signaling potential adjustments in consumer behavior or market conditions.
