The sold production of contact lenses and spectacle lenses in France experienced fluctuating trends over the past decade. The value in 2023 stood at 437.5 million Euros. There was a significant drop in 2018 (-51.49%), followed by a sharp recovery in 2019 (106.85%). The market saw variability with -10.92% in 2020 and a strong bounce back in 2021 (25.67%). However, 2022 saw another drop (-23.77%) followed by a modest recovery to 2.93% in 2023. The average annual growth rate (CAGR) over the past five years was 12.68%, indicating a significant rebound despite the fluctuations.
Forecasted data from 2024 to 2028 suggest a more stable growth pattern, with an average annual growth rate (CAGR) of 0.51% over the next five years. This implies moderate but consistent growth, with a forecasted 2.6% total increase by 2028.
Future trends to watch for include technological advancements in lens manufacturing, shifts in consumer preferences towards more affordable or premium products, and potential impacts from regulatory changes in the eye care industry. The adoption of digital health technologies and tele-optometry services might also influence the market dynamics in the coming years.
