The forecast for the import of contact lenses to India shows a steady increase from 2024 to 2028, with values in millions expected to rise from 28.875 in 2024 to 34.05 in 2028. Comparing the figures, the imports are projected to grow at an average annual rate of around 4.15% over the next five years. This consistent upward trend signifies strong demand and market expansion for contact lenses in India.
Future trends to watch for include:
- Innovations in contact lens technology that could boost demand further.
- Regulatory changes affecting import tariffs, which may impact pricing and accessibility.
- Potential fluctuations in currency exchange rates impacting cost for importers.