Press release
Sports Sunglasses Market: Global Industry Analysis and Forecast (2024-2030)
Sports Sunglasses Market OverviewsSports sunglasses are customized eye protection that is worn to enhance comfort and visibility, and avoid any kind of injury during outdoor sports activities. To avoid eye strain or damage, they reduce the amount of time exposed to intense, bright sunshine. The ultraviolet (UV) ray blockers and impact-resistant films that are applied to the lenses, which are made of glass or plastic, lessen glare and enhance contrast for better field visibility. They are appropriate for daily use because they come with tinted or non-tinted lenses and purchased polarized or non-polarized. Sports sunglasses are frequently worn during athletic activities including baseball, cricket, cycling, mountain biking, swimming, and other related pursuits.
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Sports Sunglasses Market Scope and Methodology:
Sports sunglasses are specialized eyewear with polycarbonate lenses that are stronger, more resilient, and safer for the eyes to be in during any kind of physical activity, therefore mostly utilized in sports. Sports sunglasses are more impact-resistant than conventional glass lenses made of plastic or glass, which are used for mountain biking, swimming, cycling, and other activities. Sportspersons are now well aware about the safety during the sport, because of which more and more sportspersons are preferring to use eye ware during the game. This factor is fuelling the sports sunglasses market's growth. To offer total eye protection, sports sunglasses are fashioned and made differently from ordinary sunglasses.
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Sports Sunglasses Market Regional Insights
North America has the highest market share and is estimated to grow at a Compound Annual Growth Rate (CAGR) of 5.5%. Moreover, this region has a higher penetration of consumer goods products. Furthermore, high expenditure on premium quality consumer goods is because of high per-capita income and the trend of fashionable sunglasses. The rise in population and improved lifestyle are the key factors that drive the sports sunglasses market growth. This region's increased purchasing power significantly fuels the sale of sports sunglasses products. Moreover, because of the associated benefits, unisex design products have become increasingly popular in this region. This, in turn, boosts the sports sunglasses market growth in North America.
Sports Sunglasses Market Segmentation
Based on the Type, the global market is segmented into polarized and non-polarized. The market's largest contributor, the polarized sector, is anticipated to expand at a compound annual growth rate (CAGR) of 5.4% over the course of the projected period (2024-2030). As is currently trending in the sports sunglasses industry, polarized sports sunglasses are available with progressive and photochromic lenses that assist lessen the damaging effects of UVA and UVB radiation. In addition, in summer, the thin chemical coating that forms the lenses of polarized sports sunglasses helps to filter out harsh light reflected off of objects like roads or bodies of water. Sports sunglasses are becoming more and more popular because they are so often used in sports.
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Sports Sunglasses Market Key Players
Mars, Inc. (US)
Mondelez International (US)
Nestle S.A. (Switzerland)
Meiji Holding Co. Ltd. (Japan
Ferrero International (Italy)
Olam Group (Singapore)
Barry Callebaut (Switzerland)
Cargill Incorporated (US)
Key questions answered in the Sports Sunglasses Market are:
• What is Sports Sunglasses?
• What was the Sports Sunglasses market size in 2023?
• What is the growth rate of the Sports Sunglasses Market?
• Which are the factors expected to drive the Sports Sunglasses market growth?
• What are the different segments of the Sports Sunglasses Market?
• What growth strategies are the players considering to increase their presence in Sports Sunglasses?
• What are the upcoming industry applications and trends for the Sports Sunglasses Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Sports Sunglasses Market?
• Who are the leading companies and what are their portfolios in Sports Sunglasses Market?
• What segments are covered in the Sports Sunglasses Market?
• Who are the key players in the Sports Sunglasses market?
•
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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