The import of spectacle lenses made from materials other than glass to India is expected to see a steady increase, rising from 678.74 thousand kilograms in 2024 to 772.9 thousand kilograms by 2028. This forecast represents a consistent upward trajectory, with a compound annual growth rate (CAGR) over the five years of approximately 3.32%. The year-on-year growth is projected to hover around 3.5% to 3.7%. This positive trend builds on the 2023 base year levels, indicating an expanding demand for such products in the Indian market.
Future trends to watch for include advancements in lens technology, which could further boost demand. Additionally, shifts in consumer preferences towards lighter and more durable materials will likely drive imports. Other factors such as demographic changes and increased eye health awareness are key to influencing future import volumes.
