Cycling Sunglasses Market Share, Comprehensive Analysis, Business Size, Regional Outlook, and Status by 2030 | Oakley, Inc., Topeak, Inc., Under Armour

Market Overview:

Cycling sunglasses provide vision protection from sunlight and other elements for cyclists. They come equipped with impact-resistant polycarbonate lenses, wraparound designs for peripheral vision, and certain models incorporate interchangeable lenses.

Market Dynamics:

The cycling sunglasses market is expected to witness significant growth over the forecast period owing to two major drivers - the rising popularity of cycling as a leisure sport and advancement in lens technologies. Firstly, cycling has emerged as one of the most popular outdoor leisure sport options globally. As disposable incomes rise, more people are taking up road cycling, mountain biking, and other forms of cycling for recreation and exercise. This has propelled the sales of specialized cycling gear including sunglasses. Secondly, market players have introduced versatile lens technologies such as interchangeable, polarized, and photochromatic lenses. Photochromatic lenses automatically adjust to changing light conditions, providing optimal visual protection. These user-friendly advancements are gaining widespread adoption and fuelling market gains.

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Major market players included in this report are:

★ Oakley Inc.
★ Topeak Inc.
★ Under Armour Inc.
★ Uvex Sports GmbH & Co.
★ Nike Inc.
★ Specialized Bicycle Components Inc.
★ ASSOS of Switzerland GmbH
★ Kopin Corporation.

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

On the basis of distribution channel,
✦ Sports Shops
✦ Specialty Stores
✦ Online Channels
✦ Others

On the basis of product type,
✦ Anti-fog
✦ Rain Waterproof
✦ Sunlight Free
✦ Others

Regional Analysis:

⦿ North America (U.S. and Canada)
⦿ Latin America (Mexico, Brazil, Peru, Chile, and others)
⦿ Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
⦿ Eastern Europe (Poland and Russia)
⦿ Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
⦿ The Middle East and Africa (GCC, Southern Africa, and North Africa)

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Growing cyclist safety concerns also contribute to the market growth. Cycling is an outdoor activity exposing riders to dangers such as sun glare, dust, and debris. Sunglasses provide critical eye protection against such risks. This sustains the sales of cycling sunglasses.

✦ Growing Popularity of Recreational and Professional Cycling is Driving the Demand for Cycling Sunglasses

The number of people taking up recreational cycling has grown significantly in the past decade. More and more people are choosing to cycle for leisure, exercise and commuting purposes. This has led to a rise in the sales of bicycles as well as other cycling equipment. Cycling sunglasses have become an essential cycling accessory to protect the eyes from wind, debris, UV rays, and glare while cycling. Professional cycling has also gained widespread popularity globally due to sports events like Tour de France. Many amateur cyclists aspire to emulate professional cyclists and invest in high quality cycling gear including sunglasses. This has boosted the demand for performance sunglasses designed specifically for cycling.

✦ Increased Health Awareness is Encouraging Outdoor Activities Like Cycling

With growing health issues like obesity, people are becoming increasingly conscious about maintaining an active lifestyle. Regular exercise is considered important for overall well-being. Cycling is seen as an excellent full body workout that can be enjoyed outdoors. It is also environment friendly as it does not pollute the air. More individuals and communities have taken up cycling for recreation and commuting to workplaces to stay fit. This has contributed to the rise in cycling activities which in turn is fueling the sales of related products like sunglasses for eye protection.

✦ Stringent Regulations on Tinted Windshields are Hampering the Growth of Aftermarket Tinting Films

Many countries and states have stringent laws that restrict the level of tint allowed on vehicle windshields and front side windows. This is because darker tints can obstruct driver's vision and impact road safety. As a result, aftermarket tinting films that make the front screen overly dark are banned. This has adversely affected the sales of such aftermarket automotive tinting products. Some cyclists prefer to use tinted films on their cycling helmets or eyewear to block out glare. However, stricter regulations on dark tints are restraining the scope of using darker or mirrored tint in cycling sunglasses as well. Cycling eyewear brands are compelled to offer clear or lightly tinted lenses that do not pose any vision or safety hazards.

✦ Growing popularity of Smart Eyewear Provides New Opportunities

Technology driven smart eyewear integrated with features like heads-up display, camera, Bluetooth and sensors is gaining traction in the consumer electronics market. Major tech giants and startups are investing heavily in developing augmented reality (AR) and virtual reality (VR) based smart glasses. It is predicted that such smart glasses will become mainstream in the coming years and be adopted widely for various applications like cycling GPS navigation, speed tracking, distance monitoring etc. This opens up new revenue opportunities for cycling sunglass brands. They can introduce smart eyewear integrated with cycling specific tech features. This will help them expand their market, attract new customers and establish as leaders in the emerging smart eyewear segment.

✦ Increased Preference for Lightweight, Durable and Customizable Sunglasses is The Major Trend

Earlier plain cycling sunglasses performed the basic function of protecting eyes. However, today's cyclists demand more advanced features, styles and personalized experience. There is a prominent shift towards ultra-lightweight frames made of materials like plastic and titanium that are highly durable yet comfortable to wear for long hours. Advanced lens technologies offering better clarity and variable tint are also gaining traction. Customization allowing cyclists to personalize frame colors, engravings etc as per their preferences is another noteworthy trend. Manufacturers are leveraging advanced engineering, customization tools and personalized experiences to capture this evolving demographic. This trend is expected to strengthen and transform the cycling eyewear industry in the coming years.

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FAQ'S:

👉 What is the expected growth rate of the market for the forecast period of 2023-2030? What will the market size be in the anticipated time frame?

👉 What will the market size be in the anticipated time frame?

👉 What are the major factors influencing the Cycling Sunglasses market over the forecast period?

👉 What are the market leaders' winning strategies for establishing a significant presence in the Cycling Sunglasses industry?

👉 What are the major market trends influencing the growth of the Cycling Sunglasses market across the globe?

👉 What are the major threats and challenges that are likely to stymie the growth of the Cycling Sunglasses market? What are the most significant market opportunities?

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Table of Contents with Major Points:

1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2023-2030 (USD Billion)
1.2.1. Cycling Sunglasses Market, by Region, 2023-2030 (USD Billion)
1.2.2. Cycling Sunglasses Market, by Type, 2023-2030 (USD Billion)
1.2.3. Cycling Sunglasses Market, by Application, 2023-2030 (USD Billion)
1.2.4. Cycling Sunglasses Market, by Verticles, 2023-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Cycling Sunglasses Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Cycling Sunglasses Market Dynamics
3.1. Cycling Sunglasses Market Impact Analysis (2023-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Cycling Sunglasses Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2023-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Cycling Sunglasses Market, by Type
5.1. Market Snapshot
5.2. Global Cycling Sunglasses Market by Type, Performance - Potential Analysis
5.3. Global Cycling Sunglasses Market Estimates & Forecasts by Type 2023-2030 (USD Billion)
5.4. Cycling Sunglasses Market, Sub-Segment Analysis

6. Global Cycling Sunglasses Market, by Application
6.1. Market Snapshot
6.2. Global Cycling Sunglasses Market by Application, Performance - Potential Analysis
6.3. Global Cycling Sunglasses Market Estimates & Forecasts by Application 2023-2030 (USD Billion)
6.4. Cycling Sunglasses Market, Sub-Segment Analysis
6.4.1. Others

7. Global Cycling Sunglasses Market, by Verticles
7.1. Market Snapshot
7.2. Global Cycling Sunglasses Market by Verticles, Performance - Potential Analysis
7.3. Global Cycling Sunglasses Market Estimates & Forecasts by Verticles 2023-2030 (USD Billion)
7.4. Cycling Sunglasses Market, Sub-Segment Analysis

8. Global Cycling Sunglasses Market, Regional Analysis
8.1. Cycling Sunglasses Market, Regional Market Snapshot
8.2. North America Cycling Sunglasses Market
8.3. Europe Cycling Sunglasses Market Snapshot
8.4. Asia-Pacific Cycling Sunglasses Market Snapshot
8.5. Latin America Cycling Sunglasses Market Snapshot
8.6. Rest of The World Cycling Sunglasses Market

9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keyplayer1
9.2.1.1. Key InDurationation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments

10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes

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