In 2023, the import volume of plastic frames and mountings for spectacles to India was below the forecasted 91.69 thousand kilograms for 2024. The year-on-year growth rates from 2024 to 2028 demonstrate a consistent upward trajectory: 4.1% in 2025, 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028, indicating a gradual deceleration. Over these five years, the compound annual growth rate (CAGR) stands at 3.7%.
Future trends to watch for include technological advancements in eyewear materials leading to lighter and durable frames, shifts in consumer preferences towards fashion-forward and affordable options, and potential impacts of policy changes regarding imports and duties in India. Additionally, monitoring global supply chain stability and trade relations will be vital in anticipating changes in import dynamics.
