Global Sunglasses Market 2023 - Size, Share, Segments, Data, Analysis, And Forecast

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Sunglasses Market Size, Growth Rate, And Forecast
The global sunglasses market size grew from $15.54 billion in 2022 to $16.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sunglasses market size is expected to grow to $20.63 billion in 2027 at a CAGR of 5.8%.

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Sunglasses Market Drivers
The growing popularity of sunglasses as a fashion product is expected to propel the growth of the sunglasses market. The rise of consumer preference for well-designed and quality products to elevate their outfit and style has boosted the demand for sunglasses. Sunglasses bring instant symmetry to customers' faces, which increases the perception of their natural beauty.

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Sunglasses Market Segments
• By Type: Non-Polarized, Polarized
• By Design: Aviator/Pilot, Rectangle, Round, Square, Oval, Cat Eye, Other Designs
• By Frame Metal: Injected, Metal, Acetate, Other Frame Metals
• By Distribution Channel: Specialty Stores, Supermarkets & Hypermarkets, Online, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the sunglasses market.

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Sunglasses Market Key Players
Major competitors in the sunglasses market include Fielmann AG, Marcolin S.p.A. (Marcolin Group), De Rigo Vision S.p.A., Stylrite Optical Industries, Eyevan Inc., Marchon Eyewear, EssilorLuxottica, Luxottica, Charmant, Randolph Engineering, Inc., Stylrite Optical Industries., Maui Jim, Inc., Revo, Xiamen Asa Sunglasses Co, Adidas AG, and Prada.

The Business Research Company's "Global Sunglasses Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Sunglasses Market Include:
1. Executive Summary
2. Sunglasses Market Characteristics
3. Sunglasses Market Trends And Strategies
4. Sunglasses Market - Macro Economic Scenario
5. Sunglasses Market Size And Growth
……
26. Africa Sunglasses Market
27. Sunglasses Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sunglasses Market
29. Sunglasses Market Future Outlook and Potential Analysis
30. Appendix

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