The forecast for Brazil's import of contact lenses shows an increasing trend from 2024 to 2028, with volumes growing from 182.16 thousand kilograms in 2024 to 199.29 thousand kilograms in 2028. In 2023, actual imports were slightly lower, establishing the upward trajectory. Year-on-year, the import volume is expected to increase steadily, approximately between 2%-3% annually, indicating a consistent demand growth. The compounded annual growth rate (CAGR) over this forecast period registers a healthy average increase annually. This growth suggests robust market dynamics and demand.
Future trends to watch for include technological advancements in contact lens manufacturing, potential regulatory changes, and shifts in consumer preferences towards more sustainable or technologically advanced lenses. Additionally, fluctuations in economic conditions and changes in international trade policies could impact import patterns.
