Press release
Sunglasses Market 2018-2026 | Brief Analysis By Top Key Players - Luxottica, Prada Group, Safilo Group S.p.A, Fielmann AG, De Rigo Vision, Alexander McQueen, Michael Kors.
Sunglasses Market Analysis and Overview:According to Polaris Market Research, The Global Sunglasses Market was valued at USD 17,951 million in 2018 and is projected to reach USD 36,459 Million by 2026, growing at a CAGR of 9.4% from 2018 to 2026.
Sunglasses are used for protection of eyes against dust and harmful UV rays. Consumers also wear sunglasses to enhance appearance and follow fashion trends. The most important benefit of wearing sunglasses is protection of eyes from UV light. UV light has harmful effects on the eyelid, cornea, lens and retina. Sunglasses also help protect delicate skin around the eyes from aging.
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The increasing awareness regarding eye care, and growing health consciousness among consumers has increased the demand for sunglasses. The increasing disposable income along with rising living standards has accelerated the Sunglasses market growth across the globe. Increasing urbanization, growing population in developed countries, and an emerging middle class in developing economies further boosts the Sunglasses market growth. Increasing adoption of fashion trends coupled with technological advancements and growth of e-commerce is expected to provide numerous growth opportunities for the Sunglasses industry.
The vendors in the sunglasses market are launching new products to meet the growing customer needs. In addition, the leaders in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. For instance, in Jan 2017, Life is Good collaborated with the McGee Group to enter the eyewear market through launch of readers, sunglasses, and optical frames. The new range of products includes “Focus on the Good" Ophthalmic Glasses for Women, Men, and Kids, "Go Places" Sunglasses, which are available in designs such as wayfarer, aviator, and classic rectangular styles.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Sunglasses Market, 2018-2026. This Sunglasses market report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
North America generated the highest revenue in 2018 owing to increasing population and high living standards. Increasing awareness regarding eye care encourages consumers to take preventive measures, thereby supporting the sunglasses market growth in the region.
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Competitive Landscape and Key Vendors
The global Sunglasses market is characterized by the presence of well-diversified international and small and medium-sized vendors. Leading companies are acquiring other companies, and enhancing their product offerings to improve their Sunglasses market share. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Sunglasses Market Top Key Player:
Luxottica Group S.p.A, Prada S.p.A, Safilo Group S.p.A, Fielmann AG, De Rigo Vision, Alexander McQueen, Michael Kors, LVMH Moët Hennessy Louis Vuitton SE, Marcolin Eyewear, and Maui Jim.
Key Segments
Lens Type
• Polarized
• Non-Polarized
Material
• CR-39
• Polycarbonate
• Polyurethane
• Others
Distribution Channel
• Offline Stores
• Online Channels
Region
• North America [U.S., Canada, Mexico]
• Europe [Germany, UK, France]
• Asia-Pacific [China, India, Japan, Rest of Asia-Pacific]
• Latin America [ Brazil, Mexico]
• Middle East and Africa
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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This report studies sales (consumption) of Sunglasses in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering
Luxottica
Safilo S.p.A.
De Rigo S.p.A.
KAENON
Kering
LVMH
Richemont
Prada
Randolph Engineering
Marcolin S.p.A.
Maui Jim Inc.
Nike Inc.
Gotti
Adidas
OAKLEY Inc.
Polaroid
Matsuda
Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=723940&ptitle=United+States+Sunglasses+Market+Report+2016&req=Sample
Anna-Karin Karlsson
Silhouette
Cheng Yi Optical
Prosun
Xiamen Yarui
Baodao
Parim Optical
Hwa Mao Optical
Outdo
Futis
Nolon Optical
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Type I
Type II
Type III
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