As of 2023, the re-import of spectacle lenses of glass to Canada stood at approximately 2.14 thousand USD. Forecasts for 2024 indicate a value of 2.22 thousand USD, marking a growth of about 3.7% year-on-year. A consistent annual growth rate can be observed, with 2025 at 2.31 thousand USD (4.1% increase), 2026 at 2.4 thousand USD (3.9% increase), 2027 at 2.48 thousand USD (3.3% increase), and 2028 at 2.57 thousand USD (3.6% increase). The compound annual growth rate (CAGR) projected over these five forecasted years is approximately 3.72%.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and eco-friendly eyewear, which may impact the glass spectacle lens market. Additionally, advancements in lens technology and changing trade policies could further influence import dynamics.
