Polarized Sunglasses Market Share Analysis, Trends, Demand And Research Report 2023-2030
Market Overview:
The Polarized Sunglasses Market has experienced notable expansion in recent years, driven by
a heightened awareness of eye protection and an increasingly fashion-conscious
consumer demographic. The market landscape is marked by a diverse range of
product offerings designed to cater to a wide spectrum of consumer preferences,
encompassing both sports and outdoor enthusiasts as well as those with a keen
sense of fashion.
The growing
popularity of polarized sunglasses can be attributed to their efficacy in glare
reduction and enhancement of visual clarity, establishing them as a favored
choice for various outdoor pursuits. Moreover, technological advancements,
including the integration of UV protection and scratch-resistant coatings, play
a pivotal role in augmenting the overall attractiveness of polarized eyewear
within the market.
Polarized
Sunglasses Market was USD 6,866.59 million in 2022 It is projected to reach USD
10,268.54 million by 2030, indicating a CAGR of 5.2% during the forecast
period.
Market Key Players:
Ray-Ban
(Luxottica Group S.p.A.), Maui Jim, Inc. (Kering), Prada Group, Guccio Gucci
S.p.A., Louis Vuitton (LVMH), Polaroid Eyewear (Safilo Group), GKB Optic
Technologies Pvt Ltd., Hoya, Fastrack Ltd. (Titan Company Limited), Costa Del
Mar, Inc., Xiaomi, and EssilorLuxottica.
Market key drivers:
The growth of the polarized sunglasses market is
propelled by various factors. A significant driver is the increasing emphasis
on eye health, accompanied by a heightened awareness of the adverse effects
associated with prolonged sun exposure. Furthermore, the market is positively
influenced by the pervasive impact of social media and endorsements by
celebrities, fostering a heightened demand for fashionable and stylish
polarized eyewear.
The expanding engagement in outdoor recreational
pursuits, including water sports and skiing, contributes substantially to the
market's upward trajectory. Additionally, the market benefits from advancements
in lens technology, exemplified by the development of lightweight and durable
materials, serving as pivotal factors in attracting consumers seeking a
harmonious blend of functionality and aesthetic appeal in their eyewear
choices.
Market Segmentation:
By Frame Shape
·
Round/Oval
·
Rectangular
·
Square
·
Aviators
·
and Others
By Lens Material
·
Plastic
·
Glass
·
Metal
·
Fibre
·
and Others
By Application
·
Vehicle Driving
·
Outdoor Sports
·
Water Sports
·
Fishing
·
Boating
·
and Others
By End-User
·
Men
·
Women
·
and Unisex
By Distribution Channel
·
Online and Offline
Regional Analysis:
North America is poised to exhibit the highest
Compound Annual Growth Rate (CAGR) during the forecast period. This can be
attributed to the escalating standard of living, particularly in the U.S.,
coupled with a rising prevalence of outdoor activities such as fishing and
skiing. These trends are anticipated to drive an augmented demand for polarized
sunglasses within the region.
Click Here To Get: Polarized Sunglasses Market Outlook
About Us:
Consegic
Business Intelligence Pvt Ltd. is the leading research industry that offers
contextual and data-centric research services to its customers across the
globe. The firm assists its clients to strategize business policies and
accomplish sustainable growth in their respective market domains. The industry
provides consulting services, syndicated research reports, and customized
research reports.
Topnotch
research organizations and institutions to comprehend the regional and global
commercial status use the data produced by Consegic Business Intelligence Pvt
Ltd. Our reports comprise in-depth analytical and statistical analysis on
various industries in foremost countries around the globe.
Contact us:
Consegic Business intelligence Pvt Ltd.
Contact no: (US) (505) 715-4344
Email: sales@consegicbusinessintelligence.com
arket Challenges
About Us:
Consegic
Business Intelligence Pvt Ltd. is the leading research industry that offers
contextual and data-centric research services to its customers across the
globe. The firm assists its clients to strategize business policies and
accomplish sustainable growth in their respective market domains. The industry
provides consulting services, syndicated research reports, and customized
research reports.
Topnotch
research organizations and institutions to comprehend the regional and global
commercial status use the data produced by Consegic Business Intelligence Pvt
Ltd. Our reports comprise in-depth analytical and statistical analysis on
various industries in foremost countries around the globe.
Contact us:
Consegic Business intelligence Pvt Ltd.
Contact no: (US) (505) 715-4344
Email: sales@consegicbusinessintelligence.com
Comments
Post a Comment