Plano Sunglasses Market Trends by key players Luxottica Group, FGX International, Kenmark, De Rigo Rem, Safilo Group

According to the Latest research report, the global Plano Sunglasses Market was estimated at USD 16 billion in 2016 and is expected to hit USD 29 billion by 2024.

Plano sunglasses market has been witnessing a remarkable growth rate worldwide with the increasing technological intervention in the global eyewear industry. Growing consumer awareness pertaining to the eye health is providing a significant impetus to the product demand.

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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 also positively influencing plano sunglasses market dynamics

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o Luxottica Group
o Safilo Group
o Marchon Eyewear
o Silhouette International
o Vogue Eyewear
o Creative Planogram Company
o Marcolin Eyewear
o Fendi
o De Rigo
o Dior
o Versace
o Kenmark
o FGX International
o Modo Eyewear

Polarized products have lately been gaining exceptional momentum in aesthetic eyewear market, owing to its benefits such as reduced glare. Although a majority of the consumers use polarized sunglasses due to their fashion quotient, in some targeted usage such as cycling, these glasses seem to be the most relevant choice. Indeed, powered by their enhanced safety and improved vision, polarized plano sunglasses market size had been pegged at USD 10 billion in 2016.

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Its counterpart, the nonpolarized plano sunglasses are also expected to accumulate considerable momentum in the years ahead. Driven by the exceptional benefits of these products, such as excellent optical features and the reduction of visible light entering the eyes, not to mention, cost-effectiveness, non-polarized plano sunglasses market share will register a CAGR of 4.5% over 2017-2024.

North America and Europe are the two main geographies that account for quite some 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, specifically in the U.S. and the widespread awareness among the masses regarding eye protection.

Concentration of leading competitors along with high price trends have been expediting the U.S. plano sunglasses market. As per estimates, U.S. plano sunglasses industry will accrue USD 1.6 billion by 2024 from online stores.

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