Key Market Indicators
The import of prescription glasses in Madagascar is set to decline over the coming years. In 2021, it was estimated at $2,240, but is projected to decrease to around $1,920 by 2026, a decline of 2.6 percent year-on-year. Since 1997, the demand for prescription glasses in Madagascar has dropped significantly, by 15.6 percent year-on-year. In 2021, it ranked 80th in the world, behind the Maldives ($2,240), India, Hungary, and the Dominican Republic, which ranked second, third, and fourth, respectively.
