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Polarized Sunglass Lenses Market to Witness Astonishing Growth by 2028

06-02-2022 03:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global polarized sunglass lenses market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028). The market growth is majorly attributable to the growing use of these lenses in activities where there is high exposure to sun rays. For instance, during fishing, driving, and other high sun sensitive activities, the filter used in polarized sunglass lenses aim at reducing the glare reflection. It is so as the glare distorts the original color of the objects and makes it hard to distinguish and identify them. Thus, polarized sunglass lenses being a modified or the upgraded or version of regular lenses, create vertical opening for the light.

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In addition to this, the key trend that drives the market growth includes the ease of use these lenses provide during the outdoor activities. Further, the introduction of various new lens colors by the major players of the market in order to attract a huge customer base is also anticipated to drive the overall market growth in the future years. Another added advantage of these lenses includes the reduction of strain on the eyes and thereby the protection of the eyes from damage. As per the article, 'Blindness and vision impairment' published by the World Health Organization in October 2019, about 2.2 billion people have a vision impairment or blindness across the globe, of which about 1 billion have a vision impairment which could have been prevented if proper eye care had been taken. Thus, the preventive care also contributes substantially to the overall market growth.

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Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-

o By Type
o By Application

• Regions covered-

o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: Corning Inc., Younger Optics, and Tonshung Technology, among others.

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Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Polarized Sunglass Lenses Market Report by Segment

By Type

• 0.75 mm Lenses
• 1.1 mm Lenses

By Application

• Vehicle Driving
• Outdoor Sporting and Travelling
• Fishing and Boating
• Others

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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