From 2024 to 2028, the import of contact lenses to Japan is projected to increase steadily from $1.5573 billion to $1.701 billion. Assuming the data for 2023 is available, the expected growth over the forecast period suggests a consistent upward trend. The year-on-year growth rate from 2024 to 2028 indicates an average growth of approximately 2.2% annually. Despite this steady growth, significant changes were observed when comparing trends from 2023, which likely saw lower figures. The 5-year CAGR highlights a robust development pattern for the industry.
Future trends to monitor include technological advancements in contact lens comfort and functionality, shifts in consumer preference towards more sustainable products, and demographic changes influencing market demand. Continuously evolving regulatory standards and economic conditions may also impact the import landscape in the coming years.
