The sold production of contact lenses and spectacle lenses in Germany saw significant fluctuations from 2013 to 2023. In 2023, the production value stood at 693.28 million Euros. Historically, the market experienced rapid growth in certain years, such as 2015 and 2017, but also faced declines, notably in 2016 and 2018. Over the last two years, growth stabilized, with a slight year-on-year increase in 2023 of just 0.028%. The compound annual growth rate over the past five years up to 2023 shows a positive but modest increase at 1.84%.

Future trends to watch for:

Continued stabilization of market growth as indicated by the forecasted 0.02% CAGR over the next five years through 2028.
Potential impacts of technological advancements and innovations in lens materials and manufacturing processes.
Changing consumer preferences and the influence of lifestyle and demographic shifts on demand for vision correction options.