The forecast for Canada's import of plastic frames and mountings for spectacles shows a steady upward trend from 2024 to 2028, with values increasing from 126.74 million USD in 2024 to 139.48 million USD in 2028. This indicates an average year-on-year increase of around 2.45%. The consistent growth reflects the stable demand for eyewear in Canada.
While detailed historical data for 2023 is not provided here, it's implied that the growth is a continuation of previous trends. The compound annual growth rate (CAGR) over this period suggests an average annual growth rate of approximately 2.5%.
- Keep an eye on changes in consumer preferences toward sustainable materials, which might affect plastic frame demand.
- Consider technological advancements in eyewear, like smart glasses, which could shift import dynamics.
- Monitor the impact of trade policies and agreements influencing import costs and supply chain efficiencies.