The import of glasses for corrective spectacles to Singapore in 2023 stood at 2.432 million USD. Forecast data suggests a steady increase in imports from 2024 to 2028, with values rising from 2.504 million USD in 2024 to 2.7635 million USD by 2028. Year-on-year percentage variations indicate a consistent growth of around 2.5-2.7% per year.
Over the last two years, there has been an uptick in imports, with the increase from 2023 to 2024 being 2.96%, and from 2024 to 2025 showing a growth of 2.67%. A long-term perspective shows a Compound Annual Growth Rate (CAGR) of approximately 2.7% from 2024 to 2028.
Future trends to watch for include technological advancements in corrective spectacles, changes in consumer preferences towards eyewear fashion, and any regulatory adjustments impacting import tariffs or quality standards in Singapore. Additionally, potential economic fluctuations or public health campaigns promoting eye health could influence import volumes significantly.
