Press release
Sunglasses Market size is expected to reach $20.48 Bn by 2030, as per Maximize Market research
Sunglasses Market was valued at US$ 15.45 Bn in 2023, and it is expected to reach US$ 20.48 Bn by 2030, witnessing an estimated CAGR of 4.1%, during the forecast period.Sunglasses Market Overview
Consumers are prioritizing sunglasses that enhance facial features and aligns with the personal aesthetics. Brands and celebrity culture is notable in this regard. A strong social media presence is valued for a brand and the sales are a direct reflection. Customization, variety, and affordability are on demand from consumers. Specific brand and type may cater to different lifestyles and professional needs. Sport sunglasses are gaining popularity among millennials.
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Sunglasses Market challenges
The proliferation of counterfeit products affects market sales, prices, and brand reputation. With the rise of independent retailers and online platforms increases competition for major players. As age and lifestyle change happens, the focus may shift from fashion-focused glasses.
Adopting to evolving consumer needs, investing in innovation, and implementation of effective strategies to combat counterfeit products will help the market leaders.
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Sunglasses Market Regional Insights
North America leads the market with the United States being a dominant market. Consumers demand of innovative and fashionable products is driving the market. The market has observed a steady demand of protective sunglasses and eye wear over the years. The growing awareness to protect eyes from UV rays is also seeing growth.
Recent News about Sunglasses market
21/10/2024 What's next for Dominic Thiem? Solar electricity solutions and sustainable sunglasses
8/10/2024 Logan-made sunglasses make global impression
27/6/2024 Titan Company forays into premium sunglasses retail with RUNWAY
28/6/2024 Titan launches first retail outlet for premium sunglasses in Bengaluru
12/1/2024 Safilo, HUGO BOSS Ink Early Renewal of Global Licensing Agreement
16/4/2024 Press ReleasesSafilo and Marc Jacobs Announce the Renewal of Their Global Eyewear Licensing Agreement
15/2/2024 EssilorLuxottica posts steady revenue growth for third consecutive year
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Sunglasses Market Segmentation
by Type
Polarized
Non-Polarized
by End User
Men
Women
Unisex
by Distribution Channel
Offline Retail Stores
Online Retail Stores
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Sunglasses Market Key Players
1. EssilorLuxottica SA
2. SAFILO GROUP S.p.A.
3. Fielmann AG
4. Marcolin S.p.A. (Marcolin Group)
5. De Rigo Vision S.p.A.
6. Loch Effects
7. Randolph Engineering, Inc.
8. Stylrite Optical Industries
9. Eyevan Inc.
10. Wenzhou Eugenia Eyewear Co., Ltd.(Eugenia Eyewear)
Key questions answered in the Sunglasses Market are:
• sunglasses market share by brand
• how many sunglasses are sold each year
• Which region has the largest share in Global Sunglasses Market?
• What is the growth rate of Global Sunglasses Market?
• What is scope of the Global Sunglasses market report?
• Who are the key players in Global Sunglasses market?
• What is the study period of this market?
Key Offerings:
• Past Sunglasses 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
• Sunglasses 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 - Sunglasses 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 Maximize
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
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Matsuda
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Baodao
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Outdo
Futis
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