Global Sports Sunglasses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sports Sunglasses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sports sunglasses belong to sports eye and face protection products. Sports sunglasses are sunglasses that avoid ultraviolet damage and wind and other factors that interfere with sports during exercise. Sports sunglasses can reduce the irritation of strong light, see clearly without distortion, prevent ultraviolet rays, recognize colors without distortion, and accurately identify traffic signals. If you wear unqualified sports sunglasses, you will experience dizziness, eye swelling and other symptoms of self-consciousness. Sometimes there are symptoms of unresponsiveness, illusion of color discrimination, unequal walking, and traffic accidents.

Market Overview:

The latest research study on the global Sports Sunglasses market finds that the global Sports Sunglasses market reached a value of USD 4894.07 million in 2022. It’s expected that the market will achieve USD 6067.97 million by 2028, exhibiting a CAGR of 3.65% during the forecast period.

Coronavirus (COVID-19) Impact on the Industry

Since the spread of COVID-19 around the world, countries around the world have strengthened epidemic surveillance and prevention measures against the movement of goods and people from other countries. On February 25, 2020, a total of 11 countries and regions temporarily closed or restricted customs clearance ports. During the period of epidemic prevention and control, foreign trade companies need to plan the transportation method in advance according to the control measures and quarantine procedures of the country (region) where the customer has been confirmed, and reasonably arrange the production and delivery schedule of the product to reduce the production and logistics transportation costs; Communicate with relevant trade parties in a timely manner to improve foreign trade contracts, take the initiative to prevent legal risks caused by control measures, negotiate and communicate to resolve trade disputes, and actively cooperate with the quarantine work at the ports of entry countries (regions). These restrictions and quarantine work have increased risks to sports sunglasses companies to a certain extent.

Market Trends and Dynamics

Due to the continuous innovation of manufacturers, sports sunglasses have now become technologically advanced products. These sunglasses have a hydrophobic coating, which provides a scratch-resistant surface and is therefore waterproof. In addition, today's lenses are designed with anti-drop, lightweight polycarbonate and nylon lens materials to improve comfort and provide players with better protection and shielding. In addition, the launch of sports sunglasses with polarized lenses helps reduce the harmful effects of UVA/UVB, which also promotes the growth of the sports sunglasses market.
Developing countries such as China, India and Nigeria have seen the expansion of sporting goods stores such as Decathlon, Adidas, Puma and Nike. The number of sporting goods stores has increased due to the surge in sports apparel and equipment trends. Thus, to a certain extent, it has promoted the development of the global sports sunglasses industry.

Region Overview:

From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.

Company Overview:

Ray Ban is one of the major players operating in the Sports Sunglasses market, holding a share of 5.77% in 2020.

Segmentation Overview:

Among different product types, $25 to $50 segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Cycling segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Sports Sunglasses market covered in Chapter 3:

Gargoyles, Inc.
Kaenon
Costa
Revo
Nike
Maui Jim
Rawlings
Wiley X
Polaroid Eyewear
Native Eyewear
Callaway
Smith optics
Body Glove
Under Armour
Bliz
Tifosi Optics
Julbo
Adidas (Reebok)
Oakley
Bloc
SPY Optic
Bolle
IRONMAN
Dirty Dog
Uvex
Ray Ban
Shady Rays
Poc
Rudy Project
Assos
Ryders Eyewear

In Chapter 4 and Chapter 14.2, on the basis of types, the Sports Sunglasses market from 2018 to 2029 is primarily split into:

Under $25
$25 to $50
$50 to $100
$100 to $200
$200 & Above

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sports Sunglasses market from 2018 to 2029 covers:

Fishing
Golf
Hunting
Cycling
Snow Sports
Tennis
Water Sports
Baseball
Running/Jogging

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)