The forecasted import of sunglasses to the UK is projected to increase consistently from 2024 through 2028, with values reaching $478.09 million by 2028. In 2023, the import value stood at $414.77 million, reflecting a positive year-on-year growth trajectory. The year-on-year percentage increase for 2024 to 2025 is around 3.0%, and similarly, this growth trend maintains through to 2028. Over the last five years, the Compound Annual Growth Rate (CAGR) is calculated to be approximately 3.0%, indicating a steady growth pattern.
Future trends to watch for include:
- Potential impact of economic conditions on consumer purchasing power.
- Technological advancements in eyewear, potentially driving increased demand.
- Effects of sustainable and eco-friendly product trends on import preferences.
- Trade agreements and tariffs influencing import costs.
