The UK import forecast for contact and spectacle lenses indicates a consistent upward trend from 2024 to 2028, with values increasing annually from 1.8176 to 2.0338 billion items. This reflects a robust year-on-year growth ranging between 3% to 3.5%, highlighting steady demand. In 2023, imports stood at 1.76 billion items, marking a clear growth trajectory.
The Compound Annual Growth Rate (CAGR) over the five-year period is projected at approximately 2.9%, underscoring sustained expansion within the market.
Future trends to watch for include:
- Technological advancements in lens manufacturing that may influence import patterns.
- Potential regulatory changes post-Brexit impacting import dynamics.
- Shifts in consumer preferences towards specialized lenses, impacting import volumes.