In 2024, Romania leads the European market for corrective eye-glasses and contact lenses with an HICP of 12.85, followed closely by Malta and the Czech Republic. The markets in Hungary and Poland also demonstrate high values. Year-on-year variations highlight notable increases in the Czech Republic, Hungary, Poland, and Latvia, suggesting strong market dynamics. Conversely, markets in Luxembourg, Switzerland, Austria, Slovenia, Sweden, and Greece saw slight decreases, pointing to possible market saturation or shifts in demand.
Future trends to watch include potential market expansion in Eastern Europe, driven by increased consumer spending and technological advancements in optical products. Conversely, Western European markets might witness stabilization or decline due to mature markets and potential new entrants or innovation-driven disruptions.
Top countries in Corrective Eye-Glasses and Contact Lenses HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 128.5 | 2022 | +9.12% | View data | |
| 2 | 2 Malta | 125.51 | 2022 | +6.34% | View data | |
| 3 | 3 Czech Republic | 124.9 | 2022 | +7.67% | +3.92% | View data |
| 4 | 4 Hungary | 124.86 | 2022 | +9.45% | +5.66% | View data |
| 5 | 5 Poland | 124.8 | 2022 | +8.62% | +5.07% | View data |
| 6 | 6 Slovakia | 119.74 | 2022 | +5.2% | View data | |
| 7 | 7 Estonia | 119.52 | 2022 | +8.68% | View data | |
| 8 | 8 Latvia | 115.13 | 2022 | +6.3% | +4.34% | View data |
| 9 | 9 Bulgaria | 114.87 | 2022 | +6.96% | +2.53% | View data |
| 10 | 10 Albania | 114.58 | 2022 | +4.66% | View data |
