The imports of spectacles and goggles, excluding sunglasses, into Japan are forecasted to show steady growth from 2024 to 2028, increasing from $73.335 million to $74.362 million. This indicates a gradual rise, which reflects a consistent demand likely fueled by an aging population and increased screen usage, subsequently leading to a higher need for corrective eyewear. In 2023, the market stood at a slightly lower value, marking the beginning of an upward trajectory.
Year-on-year variations depict a stable growth rate of approximately 0.36% annually over this period, with a compound annual growth rate (CAGR) further confirming this steady pace at around 0.36% over the five-year forecast.
Future trends to watch include technological advancements in eyewear, such as smart glasses, and eco-friendly materials. These innovations may influence consumer preferences and import dynamics, potentially altering the forecast upwards if they gain widespread adoption.
