Product Code: MRFR/CR/1325-HCR
Market Overview
Sunglasses Market is anticipated to register a notable CAGR of 6.14% during the forecast period. The enormous pool of individuals experiencing waterfalls alongside the development advancement by key parts is driving the market development.
The enormous pool of individuals experiencing waterfalls combined with the developing advantages given by sunglasses, for example, safeguarding the eyes from UV openness, enraptured focal points which further diminish the extreme glare projected by surfaces like water as well as asphalt, and a lot more have in the end added to its market development. The obfuscating of the eye's focal point, or waterfall, causes a decrease in vision. Gradually, the state of waterfalls brings about hurting the two eyes or only one of them. Colors that have blurred, murky vision, haloes around lights, trouble with splendid lights, and trouble seeing around evening time are only a couple of side effects. Driving, perusing, or perceiving countenances might become testing accordingly. Waterfalls are most often welcomed on by maturing, despite the fact that they can likewise create due to injury or radiation openness, be available upon entering the world, or foster after eye a medical procedure for another issue. Diabetes, tobacco use, expanded sun openness, and liquor are risk factors. The principal component incorporates protein or yellow-earthy colored shade clusters developing in the focal point, which diminishes light transmission to the retina at the back of the eye. An eye test is utilized to make the finding. For example, as per the World Wellbeing Association (WHO), waterfalls are the essential global reason for visual deficiency. Waterfalls are the reason for around 51% of visual deficiency cases around the world.
Market Segmentation
Based on product type, the Sunglasses Market is classified into polarized, non-polarized, and curling. Based on category, the Sunglasses Market segmentation includes sports and multifunctional.
Based on gender, the Sunglasses Market segmentation includes men, women, and unisex. Based on the distribution channel, the global market is categorized as supermarkets and hypermarkets, specialty stores, online, and others.
Regional Insights
North America sunglasses market has held the biggest market divide between the region in the Sunglasses Market. The US sunglasses market has arisen as the vital market for sunglasses and is expected to develop till 2030, inferable from the presence of different makers like Eyeking Eyewear, Charm Eyewear, Shwod, American Optical, Lowercase, Randolph, and AmSun among others. Attributable to expanding concern with respect to eye wellbeing and rising visual sicknesses are the fundamental component giving a force to deals in the region. Notwithstanding,
The European sunglasses market has the second biggest market share and is supposed to observe huge development because of the rising interest for natural and regular items.
Asia Pacific sunglasses market has the most persevering through possibilities for the sunglasses market as it is conjecture to develop with a CAGR of 5.48% till 2030.
Major Players
The key players in the global sunglasses market are EssilorLuxottica, Safilo Group S.P.A, LVMH, Fielmann AG, Marcolin SPA, De Rigo SPA, NIKE, Inc., Adidas, Decathlon, and Under Armour, Inc.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
- 1.1 GLOBAL SUNGLASSES MARKET, BY PRODUCT TYPE 17
- 1.2 GLOBAL SUNGLASSES MARKET, BY CATEGORY 18
- 1.3 GLOBAL SUNGLASSES MARKET, BY GENDER 19
- 1.4 GLOBAL SUNGLASSES MARKET, BY DISTRIBUTION CHANNEL 20
2 MARKET INTRODUCTION 21
- 2.1 DEFINITION 21
- 2.2 SCOPE OF THE STUDY 21
- 2.3 RESEARCH OBJECTIVE 21
- 2.4 MARKET STRUCTURE 22
- 2.5 KEY BUYING CRITERIA 23
3 RESEARCH METHODOLOGY 24
- 3.1 RESEARCH PROCESS 24
- 3.2 PRIMARY RESEARCH 25
- 3.3 SECONDARY RESEARCH 26
- 3.4 MARKET SIZE ESTIMATION 27
- 3.5 FORECAST MODEL 28
- 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29
4 MARKET DYNAMICS 30
- 4.1 INTRODUCTION 30
- 4.2 DRIVERS 31
- 4.2.1 LARGE POOL OF PEOPLE SUFFERING FROM CATARACTS 31
- 4.2.2 GROWING INNOVATIONS BY THE MAJOR PLAYERS 31
- 4.2.3 DRIVER IMPACT ANALYSIS 32
- 4.3 RESTRAINTS 32
- 4.3.1 HIGH COST OF RAW MATERIAL 32
- 4.3.2 RESTRAINT IMPACT ANALYSIS 33
- 4.4 OPPORTUNITIES 33
- 4.4.1 STRATEGIC MERGER AND ACQUISITION 33
- 4.5 CHALLENGES 34
- 4.5.1 STRINGENT GOVERNMENT REGULATION 34
5 MARKET FACTOR ANALYSIS 35
- 5.1 VALUE CHAIN ANALYSIS 35
- 5.1.1 RAW MATERIAL PROCUREMENT 36
- 5.1.2 MANUFACTURING 36
- 5.1.3 PACKAGING 37
- 5.2 SUPPLY CHAIN ANALYSIS 38
- 5.3 PORTER'S FIVE FORCES MODEL 39
- 5.3.1 BARGAINING POWER OF SUPPLIERS 39
- 5.3.2 BARGAINING POWER OF BUYERS 40
- 5.3.3 THREAT OF NEW ENTRANTS 40
- 5.3.4 THREAT OF SUBSTITUTES 40
- 5.3.5 INTENSITY OF RIVALRY 40
- 5.4 IMPACT OF COVID-19 OUTBREAK ON GLOBAL SUNGLASSES MARKET 41
- 5.4.1 IMPACT ON PRODUCTION 41
- 5.4.2 IMPACT ON SUPPLY CHAIN 41
- 5.4.3 IMPACT ON PRICING 41
- 5.4.4 IMPACT ON CONSUMER BUYING BEHAVIOUR 42
- 5.4.5 IMPACT ON OFFLINE VS ONLINE SALES 42
- 5.4.6 IMPACT ON OVERALL SUNGLASSES MARKET 42
6 GLOBAL SUNGLASSES MARKET, BY PRODUCT TYPE 43
- 6.1 OVERVIEW 43
- 6.1.1 GLOBAL SUNGLASSES MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020-2030 44
- 6.2 POLARIZED 44
- 6.2.1 POLARIZED: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 44
- 6.3 NON-POLARIZED 45
- 6.3.1 NON-POLARIZED: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 45
7 GLOBAL SUNGLASSES MARKET, BY CATEGORY 46
- 7.1 OVERVIEW 46
- 7.1.1 GLOBAL SUNGLASSES MARKET ESTIMATES & FORECAST, BY CATEGORY, 2020-2030 47
- 7.2 SPORTS 47
- 7.2.1 SPORTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 47
- 7.3 MULTIFUNCTIONAL 48
- 7.3.1 MULTIFUNCTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 48
8 GLOBAL SUNGLASSES MARKET, BY GENDER 49
- 8.1 OVERVIEW 49
- 8.1.1 GLOBAL SUNGLASSES MARKET ESTIMATES & FORECAST, BY GENDER, 2020-2030 50
- 8.2 MEN 50
- 8.2.1 MEN: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 50
- 8.3 WOMEN 51
- 8.3.1 WOMEN: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 51
- 8.4 UNISEX 52
- 8.4.1 UNISEX: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 52
9 GLOBAL SUNGLASSES MARKET, BY DISTRIBUTION CHANNEL 53
- 9.1 OVERVIEW 53
- 9.1.1 GLOBAL SUNGLASSES MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 54
- 9.2 SUPERMARKETS & HYPERMARKETS 54
- 9.2.1 SUPERMARKETS & HYPERMARKETS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 54
- 9.3 SPECIALTY STORES 55
- 9.3.1 SPECIALTY STORES: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 55
- 9.4 ONLINE 56
- 9.4.1 ONLINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 56
- 9.5 OTHERS 57
- 9.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 57
10 GLOBAL SUNGLASSES MARKET, BY REGION 58
- 10.1 OVERVIEW 58
- 10.2 NORTH AMERICA 60
- 10.2.1 US 62
- 10.2.2 CANADA 63
- 10.2.3 MEXICO 64
- 10.3 EUROPE 65
- 10.3.1 GERMANY 68
- 10.3.2 FRANCE 69
- 10.3.3 ITALY 70
- 10.3.4 SPAIN 71
- 10.3.5 UK 72
- 10.3.6 REST OF EUROPE 73
- 10.4 ASIA-PACIFIC 74
- 10.4.1 JAPAN 76
- 10.4.2 CHINA 77
- 10.4.3 INDIA 78
- 10.4.4 AUSTRALIA & NEW ZEALAND 79
- 10.4.5 REST OF ASIA-PACIFIC 80
- 10.5 REST OF THE WORLD 81
- 10.5.1 SOUTH AMERICA 83
- 10.5.2 MIDDLE EAST 84
- 10.5.3 AFRICA 85
11 COMPETITIVE LANDSCAPE 86
- 11.1 INTRODUCTION 86
- 11.2 MARKET STRATEGY ANALYSIS 86
- 11.3 COMPETITIVE BENCHMARKING 87
- 11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 88
- 11.4.1 NEW PRODUCT LAUNCH 88
- 11.4.2 MERGER & ACQUISITIONS 89
- 11.4.3 PARTNERSHIP 90
12 COMPANY PROFILES 91
- 12.1 ESSILORLUXOTTICA 91
- 12.1.1 COMPANY OVERVIEW 91
- 12.1.2 FINANCIAL OVERVIEW 92
- 12.1.3 PRODUCTS OFFERED 93
- 12.1.4 KEY DEVELOPMENTS 95
- 12.1.5 SWOT ANALYSIS 96
- 12.1.6 KEY STRATEGIES 96
- 12.2 SAFILO GROUP S.P.A. 97
- 12.2.1 COMPANY OVERVIEW 97
- 12.2.2 FINANCIAL OVERVIEW 98
- 12.2.3 PRODUCTS OFFERED 99
- 12.2.4 KEY DEVELOPMENTS 101
- 12.2.5 SWOT ANALYSIS 102
- 12.2.6 KEY STRATEGIES 102
- 12.3 LVMH 103
- 12.3.1 COMPANY OVERVIEW 103
- 12.3.2 FINANCIAL OVERVIEW 104
- 12.3.3 PRODUCTS OFFERED 104
- 12.3.4 KEY DEVELOPMENTS 106
- 12.3.5 SWOT ANALYSIS 107
- 12.3.6 KEY STRATEGIES 107
- 12.4 FIELMANN AG 108
- 12.4.1 COMPANY OVERVIEW 108
- 12.4.2 FINANCIAL OVERVIEW 108
- 12.4.3 PRODUCTS OFFERED 109
- 12.4.4 KEY DEVELOPMENTS 110
- 12.4.5 SWOT ANALYSIS 111
- 12.4.6 KEY STRATEGIES 111
- 12.5 MARCOLIN SPA 112
- 12.5.1 COMPANY OVERVIEW 112
- 12.5.2 FINANCIAL OVERVIEW 113
- 12.5.3 PRODUCTS OFFERED 114
- 12.5.4 KEY DEVELOPMENTS 115
- 12.5.5 SWOT ANALYSIS 116
- 12.5.6 KEY STRATEGIES 116
- 12.6 DE RIGO SPA 117
- 12.6.1 COMPANY OVERVIEW 117
- 12.6.2 FINANCIAL OVERVIEW 118
- 12.6.3 PRODUCTS OFFERED 118
- 12.6.4 KEY DEVELOPMENTS 122
- 12.6.5 KEY STRATEGIES 122
- 12.7 NIKE, INC. 123
- 12.7.1 COMPANY OVERVIEW 123
- 12.7.2 FINANCIAL OVERVIEW 124
- 12.7.3 PRODUCTS OFFERED 124
- 12.7.4 KEY DEVELOPMENTS 126
- 12.7.5 KEY STRATEGIES 126
- 12.8 ADIDAS 127
- 12.8.1 COMPANY OVERVIEW 127
- 12.8.2 FINANCIAL OVERVIEW 128
- 12.8.3 PRODUCTS OFFERED 128
- 12.8.4 KEY DEVELOPMENTS 130
- 12.8.5 KEY STRATEGIES 130
- 12.9 DECATHLON 131
- 12.9.1 COMPANY OVERVIEW 131
- 12.9.2 FINANCIAL OVERVIEW 131
- 12.9.3 PRODUCTS OFFERED 131
- 12.9.4 KEY DEVELOPMENTS 133
- 12.9.5 KEY STRATEGIES 133
- 12.10 UNDER ARMOUR, INC. 134
- 12.10.1 COMPANY OVERVIEW 134
- 12.10.2 FINANCIAL OVERVIEW 135
- 12.10.3 PRODUCTS OFFERED 135
- 12.10.4 KEY DEVELOPMENTS 137
- 12.10.5 KEY STRATEGIES 137