Global Sunglasses Market 2024-2028
The sunglasses market is forecasted to grow by USD 7.49 bn during 2023-2028, accelerating at a CAGR of 5.39% during the forecast period. The report on the sunglasses market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of sunglasses among young and middle-aged population, increasing occurrence of eye-related problems among global population, and increased demand for product customization.
Technavio's sunglasses market is segmented as below:By Distribution ChannelOffline
Online
By TypeNon-polarized
Polarized
By GeographyEurope
APAC
North America
South America
Middle East and Africa
This study identifies the adoption of omnichannel retailing as one of the prime reasons driving the sunglasses market growth during the next few years. Also, increasing participation in sports and healthy lifestyle trends and increase in adoption of smart sunglasses will lead to sizable demand in the market.
The report on the sunglasses market covers the following areas:Sunglasses market sizing
Sunglasses market forecast
Sunglasses market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sunglasses market vendors that include Adidas AG, Carl Zeiss Stiftung, Charmant Inc., De Rigo Vision Spa, Dealskart Online Services Pvt. Ltd., Decathlon SA, EssilorLuxottica, Fielmann AG, HOYA Vision Care Europe Hoya Holdings N.V, JINS Eyewear US Inc., Kering SA, Marcolin Spa, Nike Inc., Prada S.p.A, Rudy Project SpA, Safilo Group Spa, Specsavers Group, Titan Co. Ltd., Vision Service Plan, and Warby Parker Inc.. Also, the sunglasses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.