Press release
Sunglasses Market Size Worth $36,459 Million By 2026 | Leading Industry Players like Luxottica Group S.p.A, Prada S.p.A, Safilo Group S.p.A, Fielmann AG and others.
A new business intelligence report released by Polaris Market Research with title “Global Sunglasses Market Research Report 2018” that targets and provides comprehensive market analysis with future prospects to 2026. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.Get sample copy of this report @ https://www.polarismarketresearch.com/industry-analysis/sunglasses-market/request-for-sample
The global Sunglasses Market is anticipated to reach $36,459 million by 2026 according to a new research published by Polaris Market Research. In 2018, the offline stores segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global Sunglasses market revenue in 2018.
The significant increase in awareness regarding eye protection against harmful UV rays among consumers, coupled with growth in living standards majorly drives the Sunglasses market growth. The increasing adoption of fashion trends, and use of sunglasses as a fashion accessory boosts the sunglasses market growth. The rising penetration of e-commerce, driven by growing broadband internet penetration, use of smartphones and an increasing proportion of technologically inclined consumers would further support the growth of the Sunglasses market. Consumers are increasingly becoming aware of eye health, which supports market growth. The growing popularity of fashion trends, and increasing disposable income encourage consumers to purchase designer, luxury, and branded sunglasses. The growing retail industry, modern retail practices, growing technological advancements, and online distribution efficiencies would increase the sale of sunglasses during the forecast period.
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The growing disposable income has encouraged consumers to buy high quality sunglasses that are in perfect amalgamation with their increasing living standards. Moreover, consumers are now opting for trendy and designer sunglasses according to latest trends prevailing in the market. Youth prefer to don luxury sunglasses in an effort to accentuate their overall appearance. Thus, lofty living standards and increasing fashion consciousness would contribute to the growth of the sunglasses market.
Sale of sunglasses through online channels has gained significant popularity over the years. The trend of online shopping is gaining traction in developing economies, thereby encouraging established market players to distribute their products globally. Emerging and new players are also using online platforms for promotion and sale of products. Online distribution channels offer a global platform to market players for expansion of customer base, while reducing operation cost.
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North America generated the highest Sunglasses market share in terms of revenue in 2018, and is expected to lead the global Sunglasses market throughout the forecast period. The growing population, high disposable incomes, and increasing health consciousness has accelerated the Sunglasses market growth in the region. The increasing adoption of fashion trends, and online shopping is generating numerous opportunities for the Sunglasses industry.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• 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
• Maui Jim.
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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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Luxottica
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De Rigo S.p.A.
KAENON
Kering
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Richemont
Prada
Randolph Engineering
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Nike Inc.
Gotti
Adidas
OAKLEY Inc.
Polaroid
Matsuda
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Prosun
Xiamen Yarui
Baodao
Parim Optical
Hwa Mao Optical
Outdo
Futis
Nolon Optical
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