Based on the forecasted data, the sold production of sunglasses in the EU28 is expected to continue a slight upward trend from 2024 to 2028. The values forecasted are 47.535 million items in 2024, rising to 47.69 million items by 2028. As of 2023, the baseline year, the production value was 47.49 million items.
Year-on-year variation from 2023 to 2024 shows a minimal increase, reflecting a stable growth pattern. Over the last two years, the growth is consistent with slight increments each year.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is modest, indicating steady but slow growth in the production of sunglasses in the EU28 market.
Future trends to watch for:
- Adoption of innovative materials and eco-friendly production methods.
- Shifts in consumer preferences driven by fashion trends and technological advancements.
- Impact of economic fluctuations or policy changes within the EU28.
