The forecast for the re-import of contact lenses to the UK shows a steady increase from 2024 to 2028, starting at 28.07 million US dollars in 2024 and reaching 31.501 million by 2028. This indicates a consistent upward trend. In 2023, the market stood at the previous year's levels, underlying a growth momentum. The year-on-year increase averages a few percentage points, reflecting modest but stable growth. The compounded annual growth rate over the five-year period provides a clear view of this upward trajectory, confirming ongoing demand and market resilience.
Future trends to watch include technological advancements in contact lens manufacturing, potential regulatory changes post-Brexit impacting trade, and shifts in consumer preferences towards sustainability, which may influence re-import volumes. Additionally, market dynamics such as fluctuating exchange rates and global supply chain adjustments could affect growth projections.
