In 2023, China's re-import of parts of frames and mountings for spectacles was measured at a baseline from which the forecast begins. From 2024 to 2028, a steady increase in volume is anticipated, starting at 165.47 thousand kilograms in 2024 and reaching 170.03 thousand kilograms by 2028. This represents a consistent year-on-year growth, with the forecast suggesting slight annual increases. The compound annual growth rate (CAGR) over the forecast period is modest, reflecting stable demand and consistent market conditions.
Future trends to watch for:
- Advancements in production techniques and materials, potentially impacting demand dynamics.
- Trade policy changes affecting import regulations and costs.
- Shifts in consumer preferences towards newer or more sustainable eyewear options.
- Global economic factors that may influence purchasing power and production costs.