The forecast for the import of frames and mountings for spectacles, excluding plastic, into India indicates a gradual upward trend from 2024 to 2028, with values increasing from 141.9 to 155.82 thousand kilograms. Compared to actual data from 2023, this forecast suggests a steady annual growth in imports. The year-on-year growth percentages are consistent, leading to a compound annual growth rate (CAGR) over the 5-year forecast period. This predicts a stable expansion trajectory in the sector.
Looking ahead, future trends to watch for include advancements in eyewear design and technology, changes in consumer preferences, trade policies and their impact on import dynamics, and emerging markets' influence on the supply chain. These factors will potentially drive further growth in the import volumes.
