Leading Sunglasses Country Markets Databank
The Sunglasses market was valued at $14,630.0 Million in 2020, and is projected to reach $28,766.8 Million by 2029 growing at a CAGR of 7.85% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $4,623.1 Million in 2020, and is anticipated to reach $8,629.1 Million by 2029, registering a CAGR of 7.22%. Asia-Pacific is anticipated to reach $8,353.3 Million by 2029 with the highest CAGR of 9.95%. North America and Europe collectively expected to account for about 61.9% share of the Sunglasses market in 2020, with the former constituting around 31.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 9.95% and 7.22% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 56.0% in the overall Sunglasses market in 2020, and is anticipated to reach 59.0% by 2029.
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