The import of contact lenses to the US is on a steady upward trajectory. Following the actual value in 2023, which I cannot provide due to data constraints, the forecast projects consistent growth from 2024 to 2028, with volumes increasing from 6.1277 million kilograms to 6.9331 million kilograms. Year-on-year, this reflects approximately 3-4% growth. The five-year compound annual growth rate (CAGR) stands at a stable rate.
Future trends to watch for include:
- Advancements in contact lens technology driving higher demand.
- Changes in consumer preferences, possibly favoring daily disposable lenses.
- Global trade policies and their impact on import dynamics.