Sunglasses Market Booming Poised for Explosive Growth with 4.2% CAGR, Surpass $18,164 Million by 2027
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฌ๐ฎ๐ง๐ ๐ฅ๐๐ฌ๐ฌ๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐,๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐,๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.According to a new report, "Sunglasses Market by Type, Design, Frame Material and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/10721
Increase in consumer awareness regarding eyes protection along with rise in disposable income fuel the global sunglasses market significantly. Moreover, the growing demand for fashionable accessories among the global youth population is another notable factor responsible for fostering the growth of the sunglasses market during the forecasted period.
The sunglasses serve the consumer need for fashion with functionality. As a popular fashion accessory, the sunglasses have a huge demand among the global youth population. Increase in popularity of travel retail, prominence of e-commerce among the consumers, and exclusivity and premiumization drive the growth of the global sunglasses market. However, availability of counterfeit products and lack of penetration in lower-tier towns and cities hinder the market growth. On the other hand, introduction of augmented reality technology and innovations in designs present new opportunities in the coming years.
On the basis of type, the non-polarized segment was the highest contributor to the market, with $11,306.2 million in 2019, and is expected to sustain its significance during the forecast period. The non-polarized sunglasses consist of glass or plastic lenses and a frame holding the lenses. The non-polarized sunglasses reduce the overall intensity of the bright sunlight. A wide variety of non-polarized sunglasses are available depending upon the color of the lenses, design, materials used in the frames, and on-demand customization of the glasses. It is a popular choice of the consumers across the globe due its wide range of varieties and easy availability in both offline and online channels.
๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐: https://www.alliedmarketresearch.com/checkout-final/e0f8da919b11c84ed4c4b7b72476ff0c
On the basis of design, the round segment was the highest contributor to the market, with $3,282.7 million in 2019, and is estimated to reach $3,436.8 million by 2027, at a CAGR of 3.8% during the forecast period. The round and aviator segments collectively accounted for around 36.5% market share in 2019. The cat eye and oval segments are expected to witness significant growth rate during the forecast period.
Region wise, North America dominated the sunglasses market in 2019, and is expected to sustain its dominance throughout the forecast period. The key factors driving the growth of the sunglasses market in the region are high purchasing capacity of majority of the population, high demand for luxury and superior quality products, and consumer awareness regarding vision care.
The key players include Essilor Luxottica SA, Safilo Group SpA, Fielmann AG, Marcolin Eyewear, De Rigo Vision Spa, Stylrite Optical Industries, Eyevan Inc., Loch, Randolph, and Eugenia Eyewear.
๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐๐ฎ๐ง๐ ๐ฅ๐๐ฌ๐ฌ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐ ๐๐ฌ๐ก๐ข๐จ๐ง ๐๐ง๐ ๐๐ข๐๐๐ฌ๐ญ๐ฒ๐ฅ๐: Sunglasses are no longer just functional accessories but also fashion statements and lifestyle symbols. Consumers often seek sunglasses that reflect their personal style and preferences, leading to diverse designs, colors, and shapes in the market.
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ: There's a growing demand for sunglasses made from advanced materials such as polarized lenses, carbon fiber frames, and lightweight plastics. Additionally, technological advancements like photochromic lenses, which adjust to varying light conditions, are gaining popularity.
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ: Environmental consciousness is influencing consumer choices, leading to a rise in demand for eco-friendly and sustainable sunglasses. Manufacturers are increasingly using recycled materials, biodegradable plastics, and implementing sustainable production processes to meet this demand.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: Consumers are increasingly looking for customizable options when it comes to sunglasses. Companies offering personalized frames, lens tints, and engraving services are likely to attract customers seeking unique and bespoke eyewear.
๐๐๐ฅ๐๐๐ซ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ง๐๐ฅ๐ฎ๐๐ง๐๐๐ซ ๐๐ง๐๐จ๐ซ๐ฌ๐๐ฆ๐๐ง๐ญ๐ฌ: Endorsements by celebrities and influencers play a significant role in shaping consumer preferences in the sunglasses industry. Collaborations between eyewear brands and popular personalities often lead to increased visibility and demand for specific styles.
๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐๐ฅ๐ฅ๐ง๐๐ฌ๐ฌ ๐ ๐จ๐๐ฎ๐ฌ: With growing awareness about the harmful effects of UV radiation on eye health, there's a rising demand for sunglasses that offer adequate UV protection. Sunglasses with high UV-blocking capabilities and blue light filtering technology are increasingly sought after by health-conscious consumers.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
โ The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
โ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
โ In-depth analysis and the market size and segmentation assist to determine the prevailing sunglasses market opportunities.
โ The major countries in each region are mapped according to their revenue contribution to the market.
โ The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the sunglasses industry.
๐๐๐ง๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/purchase-enquiry/10721
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐ฎ๐ง๐ ๐ฅ๐๐ฌ๐ฌ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Mergers and acquisitions should be well-planned by identifying the best manufacturer.
โข Sort new clients or possible partners into the demographic you're looking for.
โข Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
โข Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
โข To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
โข Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
โข To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ Asia-Pacific Eyewear Market registering a CAGR of 13.5% During the Forecast Period
https://www.alliedmarketresearch.com/asia-pacific-eyewear-market
โ Sneaker market is projected to reach $215.6 billion by 2031
https://www.alliedmarketresearch.com/sneaker-market-A16906
โ Luxury Jewelry Market is projected to reach $40.19 billion by 2031
https://www.alliedmarketresearch.com/luxury-jewelry-market-A16918
โ Luxury Apparels Market is Projected to Reach $278,181.5 Million by 2031
https://www.alliedmarketresearch.com/luxury-apparels-market
โ Driving Vacation Market is projected to reach $513.3 billion
https://www.alliedmarketresearch.com/driving-vacation-market-A17517
โ Glamping Market is projected to reach $7.11 billion by 2031
https://www.alliedmarketresearch.com/glamping-market-A16856
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Anna-Karin Karlsson
Silhouette
Cheng Yi Optical
Prosun
Xiamen Yarui
Baodao
Parim Optical
Hwa Mao Optical
Outdo
Futis
Nolon Optical
Split by product types, with sales, revenue, price, market share and growth rate of each type, can be divided into
Type I
Type II
Type III
Splitโฆ