The import of contact lenses to Singapore is forecasted to steadily increase from $410.51 million in 2024 to $438.63 million in 2028. This represents a consistent annual growth rate. When analyzing the data, it is evident that year-on-year variations from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are relatively moderate, reflecting a stable market demand. The last two years show a steady growth, and the Compound Annual Growth Rate (CAGR) over the forecasted five-year period is solid, suggesting a reliable increase in imports.

Future trends to watch for:

Technological advancements in contact lens materials and manufacturing processes.
Shifts in consumer preferences towards high-quality or specialized lenses.
Changes in regulatory frameworks which might impact import volumes.
Economic factors or trade policies that could influence market dynamics.