The forecast for the import of spectacle lenses of glass to Japan indicates a steady decline from 2024 through 2028. Starting at $1.322 million in 2024, the value is projected to decrease by an average of approximately 13% annually, reaching $0.655 million in 2028. The trend suggests a sustained reduction in the import value of glass spectacle lenses over this period. In 2023, the actual import volume was slightly higher, indicating a broader decline path.
Future trends to watch for:
- The increasing prevalence of alternative materials like polycarbonate, which might be impacting demand for glass lenses.
- Technological advancements in eyewear manufacturing and shifting consumer preferences.
- Potential economic factors and trade policies affecting import dynamics.