In 2023, the import of contact lenses to China reached approximately 875 million. The forecast from 2024 to 2028 predicts a steady growth trajectory, reflecting a positive trend with annual increases based on forecasted data, showing increases each year ranging from around 4.4% to 3.6% year-on-year. Over the period from 2024 to 2028, this results in a compound annual growth rate (CAGR) of around 4.0%.
Future trends to watch for include:
- Advancements in contact lens technology potentially driving demand.
- Changing consumer preferences towards disposable lenses for hygiene reasons.
- Regulatory changes affecting import policies.
- Economic factors influencing consumer spending power and market demand.
