Plano Sunglasses Market 2024 Luxottica Group, Safilo Group, Marcolin Eyewear, Kenmark, FGX International, Modo Eyewear, De Rigo Rem, Silhouette International and Vogue Eyewear

The fragmented business landscape of plano sunglasses market is quite evident from the changing materials trends that are used in the manufacturing of these glasses. Polycarbonate, polyurethane, and CR -39 are the three materials that will experience a surging demand in the market. CR- 39 is one of the most preferred materials used in lens production. Cost affordability is the prime factor allowing better penetration of CR-39 plano glass market to a major section of the population.

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Polycarbonate plano sunglasses market will also experience steady growth at an estimated CAGR of 8% over 2016-2023. In comparison to these two, proprietary materials such as polyamide and glass will witness a downturn in the years ahead in terms of growth perspective.

Plano Sunglasses Market is witnessing a remarkable growth worldwide with the increasing technological interference in the global eyewear industry. Growing consumer awareness pertaining to the eye health is providing a significant impetus to the product demand. Plano sunglasses are fitted with non-prescriptive lenses, that protect the eyes from harmful ultraviolet rays.

The American Optometric Association in a recent study depicted that over exposure to UV rays which increase the risk of macular degeneration can be combated by sunglasses with high eye protection factor (EPF). Furthermore, increasing proliferation of contact lens along with acceptance of refractive surgeries such as LASIK is positively influencing plano sunglasses market dynamics. As per a report by Global Market Insights, Inc., “Plano sunglasses industry is slated to exceed USD 26 billion by 2023, with 4% projected CAGR over 2016-2023.”

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North America and Europe are the two main geographies that cover major portion of the global plano sunglasses industry. With U.S. at the growth front, North America is anticipated to chart a profitable road map in the years ahead. The growth projection of the region can be majorly credited to the increasing accessibility of eyewear in the region and the widespread awareness among the common folks regarding eye protection. Concentration of leading competitors along with high price trends in this region is boosting the regional growth of plano sunglasses market. Europe plano sunglasses market almost accounted for 40% of the overall revenue in 2015, and is anticipated to record USD 10 billion by the end of 2023.

Due to the enormous untapped opportunities in this market, key players are continuously trying to expand their distribution channel on a global scale. Two such big names who accounted for a significant portion of the overall plano sunglasses market share in past years are Safilo and Luxottica. Other prominent industry participants include Marcolin, Marchon Eyewear, and De Rigo.

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Partial Chapter of the Table of Content

Chapter 3. Plano Sunglasses Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Key manufacturers
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.4.1. Lens technology
3.4.1.1. Ultra-light glass lens
3.4.1.2. Polar PHD lens
3.4.1.3. Serengeti lens
3.4.2. Frame technology
3.4.2.1. Frame types
3.4.2.1.1. Wire flex
3.4.2.1.2. S-flex
3.4.2.1.3. Hinges
3.4.2.1.4. Universal fit
3.4.2.1.5. Others
3.4.2.2. Frame materials
3.4.2.2.1. Nylon
3.4.2.2.2. Acetate
3.4.2.2.3. Titanium
3.4.2.2.4. Infiniflex
3.5. Raw material analysis
3.6. Industry best practices & key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. APAC
3.8.1.4. LATAM
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Rising awareness about safety and protection of eye
3.9.1.2. Changing lifestyle
3.9.1.3. Increasing UV radiation in the environment
3.9.1.4. Technological advancement
3.9.2. Industry pitfalls & challenges
3.9.2.1. Increasing dependency on spectacles
3.10. Global eyewear market outlook
3.10.1. Industry share, 2016
3.10.2. Trends
3.10.3. Customer requirements
3.10.4. Benefits of sunglasses
3.10.5. Global eyewear market estimates & forecast, 2016-2024
3.11. Innovation & sustainability
3.12. Growth potential analysis
3.13. Competitive landscape, 2016
3.13.1. Key stake holders
3.13.2. Strategy dashboard
3.13.2.1. Expansion through supply agreements, acquisitions and joint ventures
3.14. Porter's analysis
3.15. PESTEL analysis

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