Forecast: Import of Contact Lenses to India

The forecast for contact lens imports to India shows a steady growth from 2024 to 2028. In 2023, the import volume stood at a lower level compared to the subsequent forecasts. From 2024 to 2028, the import volume increases from 136.96 thousand kilograms to 156.04 thousand kilograms. The year-on-year growth rates highlight a consistent rise, with an average annual growth rate (CAGR) calculated over these five years. This points towards a growing demand in the Indian market.

Future trends to watch for in the contact lens market include:

  • Technological advancements in lens materials and manufacturing.
  • An increase in the prevalence of vision correction needs among the population.
  • Potential regulatory changes affecting import dynamics.
  • Consumer lifestyle changes enhancing demand for convenience and aesthetics in eyewear products.

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