Forecast: Import of Contact Lenses to South Korea

In 2023, South Korea imported contact lenses amounting to [value in million kilograms]. From 2024 onward, forecasted data suggests a consistent increase in the import volume, starting at 1.3942 million kilograms in 2024 and rising to 1.5752 million kilograms by 2028. Year-on-year growth rates are observed at approximately 3.4% from 2024 to 2025, 3.2% from 2025 to 2026, 3.0% from 2026 to 2027, and 2.9% from 2027 to 2028. These figures suggest a Compound Annual Growth Rate (CAGR) of around 3.1% across this period.

Future trends to watch for:

• Technological advancements in contact lenses, including smart lenses and extended-wear options, may further drive demand.

• Regulatory changes and trade agreements could impact import volumes and sources.

• Consumer preferences shifting towards online purchasing and premium lenses.