Global Sunglasses Market Size, Trends, & Growth Opportunity By product (polarised and non-polarized), By Material ( Polycarbonate, Polyurethane, CR-39, Others ) By Distribution Channel (Offline, and Online), By region and forecast till 2027.
Global Sunglasses Market was
The global sunglasses market was valued at USD 17.2 billion in 2021 which is expected to reach USD 39.25 billion at a CAGR of 14.96% %from 2022–2027.
Sunglasses are a type of protective eyewear that is intended to shield the eyes from direct sunlight and high-energy visible light. These are made of polycarbonate, polyurethane, CR-39, and other materials. Sunglasses are classified into two types: polarised sunglasses and non-polarized sunglasses.
Market Drivers
The primary driving factor that is likely to enhance the global sunglasses market's growth is a change in lifestyle and fashion trends. Furthermore, an increase in demand for sunglasses in sports will boost market growth. For example, Nike released a new men's training sunglass collection with a fresh look in March 2017. These sunglasses were developed exclusively for athletes, with features such as anti-fog ventilation, a ventilated rubber nose bridge, and 100% UVA and UVB protection. It boasts lightweight and long-lasting nylon frames.
Market Restraints
However, volatility in raw material prices is the biggest impediment to the global sunglasses market's expansion.
Market Segmentation
The global sunglasses market is segmented into product, such as Polarized, and Non-polarized, by material such as polycarbonate, polyurethane, CR-39, and others. Further, the market is segmented by distribution channel, such as offline and online.
Regional Analysis Also, the global sunglasses market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Europe dominated the sunglasses market. The expansion of the regional market can also be attributed to countries such as France, which is renowned as one of the world's fashion hotspots. Furthermore, key fashion trends and a high number of brand-conscious customers are driving market expansion. Furthermore, people's high disposable income is supporting market expansion over the predicted period.
Market Key Players
Various key players are discussed in this report, such as Adidas, Futis, Nike Inc., Carl Zeiss, Silhouette, KAENON, Kering, Richemont, Marcolin S.p.A., Maui Jim Inc., and Essilor International S.A.
Market Taxonomy
By Product
- Polarized
- Non-polarized
- Polycarbonate
- Polyurethane
- CR-39
- Others
- Offline
- Online
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Sunglasses Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Sunglasses Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Sunglasses Market Share Analysis, By Product
- 5.3 Global Sunglasses Market Size and Forecast, By Product
- 5.3.1 Polarized
- 5.3.2 Non-Polarized
- 6 Global Sunglasses Market, By Material
- 6.1 Y-o-Y Growth Comparison, By Material
- 6.2 Global Sunglasses Market Share Analysis, By Material
- 6.3 Global Sunglasses Market Size and Forecast, By Material
- 6.3.1 Polycarbonate
- 6.3.2 Polyurethane
- 6.3.3 CR-39
- 6.3.4Others
- 7 Global Sunglasses Market, By Distribution Channel
- 7.1 Y-o-Y Growth Comparison, By Distribution Channel
- 7.2 Global Sunglasses Market Share Analysis, By Distribution Channel
- 7.3 Global Sunglasses Market Size and Forecast, By Distribution Channel
- 7.3.1 Offline
- 7.3.2 Online
- 8Global Sunglasses Market, By Region
- 8.1 Global Sunglasses Market Share Analysis, By Region
- 8.2 Global Sunglasses Market Share Analysis, By Region
- 8.3 Global Sunglasses Market Size and Forecast, By Region
- 9 North America Sunglasses Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Sunglasses Market Share Analysis, By Product
- 9.3 North America Sunglasses Market Size and Forecast, By Material
- 9.4 North America Sunglasses Market Size and Forecast, By Distribution Channel
- 9.5 North America Sunglasses Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10Europe Sunglasses Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Sunglasses Market Share Analysis, By Product
- 10.3 Europe Sunglasses Market Size and Forecast, By Material
- 10.4 Europe Sunglasses Market Size and Forecast, By Distribution Channel
- 10.5 Europe Sunglasses Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.54. Rest of Europe
- 11Asia Pacific Sunglasses Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Sunglasses Market Share Analysis, By Product
- 11.3 Asia Pacific Sunglasses Market Size and Forecast, By Material
- 11.4 Asia Pacific Sunglasses Market Size and Forecast, By Distribution Channel
- 11.5 Asia Pacific Sunglasses Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12Latin America Sunglasses Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Sunglasses Market Share Analysis, By Product
- 12.3 Latin America Sunglasses Market Size and Forecast, By Material
- 12.4 Latin America Sunglasses Market Size and Forecast, By Distribution Channel
- 12.5 Latin America Sunglasses Market Size and Forecast, Country
- 13Middle East Sunglasses Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East Sunglasses Market Share Analysis, By Product
- 13.3 Middle East Sunglasses Market Size and Forecast, By Material
- 13.4 Middle East Sunglasses Market Size and Forecast, By Distribution Channel
- 13.5 Middle East Sunglasses Market Size and Forecast, By Country
- 14Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15Company Profiles
- 15.1 Adidas
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Futis
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Nike Inc
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Carl Zeiss
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Silhouette
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 KAENON
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Kering
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Richemont
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Marcolin S.p.A
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Maui Jim Inc
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
- 15.11 Essilor International S.A
- 15.11.1 Overview
- 15.11.2 Offerings
- 15.11.3 Key Financials
- 15.11.4 Business Segment & Geographic Overview
- 15.11.5 Key Market Developments
- 15.1016 Key Strategies
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