The import of contact lenses to the UK is forecasted to steadily increase from 2024 to 2028, with values projected to rise from 1.7412 billion items in 2024 to 1.9517 billion by 2028. The trend exhibits a consistent year-on-year growth, reflecting a healthy demand over these years. Assuming a similar trend, the compound annual growth rate (CAGR) over the five-year period is a useful indicator of this stable market expansion.
Future trends to watch for include:
- Innovation in lens technology driving further demand.
- Changes in global trade policies impacting imports.
- Growing competition from domestic UK manufacturers.
- Environmental concerns influencing consumer choices and import regulations.