The global sunglasses market size is expected to grow from $14.66 billion in 2021 to $15.41 billion in 2022 at a compound annual growth rate (CAGR) of 5.11%. The global sunglasses market size is expected to reach $18.86 billion in 2026 at a CAGR of 5.18%.
What is the Global Sunglasses Market?
The sunglasses market consists of sales of the sunglasses by entities (organizations, sole traders, and partnerships) that refers to a protective eyewear with dark lenses, designed to protect eyes from bright sun light and harmful UV rays. It helps to eliminate harmful effects on the eyelid, cornea, lens, and retina. Additionally, patients are advised to use sunglasses after some surgical procedures.
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What drives the Global Sunglasses Market?
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. For instance, according to the report published by a nonprofit trade association for manufacturers and suppliers of the optical industry in the USA, The Vision Council in 2021, a whopping 85% of the world’s adult population reports wearing sunglasses and they mostly use them for sun protection and some use it as prescription sunglasses with corrective lenses. Therefore, the growing popularity of sunglasses as a fashion product is driving the growth of the sunglasses market.
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Global Sunglasses Market Segments
The global sunglasses market is segmented:
By Type: Non-Polarized, Polarized
By Design: Aviator/Pilot, Rectangle, Round, Square, Oval, Cat Eye, Others
By Frame Metal: Injected, Metal, Acetate, Others
By Distribution Channel: Specialty Stores, Supermarkets and Hypermarkets, Online, Others
By Geography: The regions covered in the sunglasses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Sunglasses Global Market Report 2022provides market size and growth forecasts for the global sunglasses market, global sunglasses market share, sunglasses market segments and geographies, sunglasses market competitive landscape including leading competitors’ revenues, profiles and market shares. The sunglasses market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Sunglasses Industry Playersinclude 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
