The forecast for the import of contact lenses to the US from 2024 to 2028 shows a steady increase, with values rising from $1.2341 billion in 2024 to $1.3786 billion in 2028. This data represents an average compound annual growth rate (CAGR) over this period. The consistent year-on-year growth indicates a strengthening demand within the US market.
The projection marks a positive trend continuing from the 2023 baseline, which saw actual imports at a lower comparative level. The stable year-on-year percentage increments highlight an expanding market likely driven by increasing consumer adoption and technological advancements in contact lens products.
Future trends to watch for include:
- Emerging technologies leading to better quality or new functionalities in contact lenses.
- Shifts in consumer preferences towards more frequent lens replacements requiring higher import volumes.
- Regulatory changes impacting imports or pricing structures within the industry.
- Potential disruptions in global supply chains affecting steady import flows.
