In 2023, the import of frames and mountings for spectacles and goggles to Canada was valued at approximately 202.76 million US Dollars. The projected data for 2024 to 2028 shows a consistent increase in value, from 204.69 million USD in 2024 to 212.19 million USD in 2028. This steady annual growth reflects a positive trend with year-on-year increases ranging from about 0.9% to 1.0%. The Compound Annual Growth Rate (CAGR) over this five-year forecast period maintains a modest yet stable upward momentum.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and innovative eyewear products, potential impacts from trade regulations, and changes in technology that could influence import values. Monitoring these factors will provide insights into market dynamics and potential challenges or opportunities.
