Sunglasses Market Share, Size, Trends, Industry Analysis Report By Product (Polarized, Non-Polarized); By Material (CR-39, Polycarbonate, Polyurethane, Others); By Channel (Online, Offline); By Regions, Segment Forecast, 2020 - 2026


The global Sunglasses market size is expected to reach USD 27.72 billion by 2026 according to a new study by The marker research report. The report “Sunglasses Market Share, Size, Trends, Industry Analysis Report By Product (Polarized, Non-Polarized), By Material (CR-39, Polycarbonate, Polyurethane, Others), By Channel (Online, Offline), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Demand for sunglasses has led to the need for reduced dependency on spectacles and uptake of contact lenses. Therefore, growing awareness among the general population regarding the importance of protecting the eyes is the key driving force for the market. Sunglasses exhibit the highest growth rate, which is a direct result of burgeoning prices, especially in the high-end segment of the market. The expected increase in the demand of sunglasses for health, lifestyle, and cosmetic purposes is also expected to drive the market.

 

The average selling price of sunglasses is expected to be highest in the Europe, which is expected to drive the revenue in this market. Due to the dominant presence of major players of the market in Europe, there exists higher brand awareness and thus higher demand for the high-end sunglasses sector. This can be attributed to increasing awareness regarding eye healthcare and a trendsetting consumer base backed by abundant disposable incomes.

 

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Increasing purchasing power backed by rising disposable incomes among the consumers across various regional markets is expected to drive the demand for sunglasses across the global market. Growing income level and households in the middle class have led to increased aggregate disposable income in developing regions.

 

Additionally, the proliferation of the internet and online retailing services is expected to positively impact the market. The Japanese market is characterized by growing demand for online purchase of sunglasses. However, growth in internet retailing has resulted in low product prices and thus has adversely affected the revenue streams. Growing purchase volumes of sunglasses are expected to curb the impact of this trend over the next seven years. High scope for penetration in this sector is expected to be an opportunity for industry participants.

 

Independent retailers and stores are businesses under private ownerships. These are usually single-store operations and offer both high risks and high rewards for the store owner. Major sunglasses vendors and brands give away franchising rights to individuals or enterprises willing to open up independent stores for a specific brand, retailer, or vendor for a certain royalty or franchise fee to be given to the sunglasses manufacturer.

 

Manufacturers have also made available prescription eyewear and sunglasses across several regions to grow their customer base. However, there lies a strong belief among consumers that sunglasses sold at certain drugstores are not customized and not in accordance with the prescription, due to which they do not focus the images but rather make them appear larger, thus costing significantly lesser.

 

Companies such as Luxottica Group S.p.A., Prada SPA, Safilo Group S.p.A, Fielmann AG, De Rigo SpA, Kering SA, Capri Holdings, LVMH, Marcolin S.p.A, and Maui Jim are some of the key players operating in the market.

 

The marker research report has segmented the Sunglasses market report on the basis of product, material, channel and region

 

Sunglasses Product Outlook (Volume – Million Units; Revenue – USD Million, 2015 – 2026)

Polarized
Non-Polarized
Sunglasses Material Outlook (Volume – Million Units; Revenue – USD Million, 2015 – 2026)

CR-39
Polycarbonate
Polyurethane
Others
Sunglasses Channel Outlook (Volume – Million Units; Revenue – USD Million, 2015 – 2026)

On-Line
Off-Line
Sunglasses Regional Outlook (Volume – Million Units; Revenue – USD Million, 2015 – 2026)

North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Italy
Asia Pacific
Japan
China
India
Latin America
Brazil
Middle East & Africa
Table of Contents
1. Chapter 1.    Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Chapter 2.    Executive Summary
2.1. Market Highlights
3. Chapter 3.    Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Chapter 4.    Sunglasses Market Insights
4.1. Sunglasses – Industry snapshot
4.2. Sunglasses Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Competitive Strategies Adopted by Key Market Participants
4.2.1.2. Increasing purchasing power
4.2.1.3. Growing acceptance of refractive surgeries
4.2.2. Restraints & Challenges
4.2.2.1. Growing number of ophthalmic disorders
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (High)
4.3.2. Threats of New Entrants: (Moderate)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threats of Substitute (Low)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Sunglasses company market share, 2019
5. Chapter 5.    Sunglasses Market Assessment by Type
5.1. Introduction
5.2. Market by Type
5.2.1. Global Sunglasses Market, By Type, 2015 – 2026 (Million Units)
5.2.2. Global Sunglasses Market, By Type, 2015 – 2026 (USD Million)
5.3. Polarized
5.3.1. Global Sunglasses Market, by Polarized, by Region, 2015-2026 (Million Units)
5.3.2. Global Sunglasses Market, by Polarized, by Region, 2015-2026 (USD Million)
5.4. Non-Polarized
5.4.1. Global Sunglasses Market, by Non-Polarized, by Region, 2015-2026 (Million Units)
5.4.2. Global Sunglasses Market, by Non-Polarized, by Region, 2015-2026 (USD Million)
6. Chapter 6.    Global Sunglasses Market, by Material
6.1. Introduction
6.2. Market by Material
6.2.1. Global Sunglasses Market, By Material, 2015 – 2026 (Million Units)
6.2.2. Global Sunglasses Market, By Material, 2015 – 2026 (USD Million)
6.3. CR-39
6.3.1. Global Sunglasses Market, by CR-39, by Region, 2015-2026 (Million Units)
6.3.2. Global Sunglasses Market, by CR-39, by Region, 2015-2026 (USD Million)
6.4. Polycarbonate
6.4.1. Global Sunglasses Market, by Polycarbonate, by Region, 2015-2026 (Million Units)
6.4.2. Global Sunglasses Market, by Polycarbonate, by Region, 2015-2026 (USD Million)
6.5. Polyurethane
6.5.1. Global Sunglasses Market, by Polyurethane, by Region, 2015-2026 (Million Units)
6.5.2. Global Sunglasses Market, by Polyurethane, by Region, 2015-2026 (USD Million)
6.6. Other Types
6.6.1. Global Sunglasses Market, by Other Types, by Region, 2015-2026 (Million Units)
6.6.2. Global Sunglasses Market, by Other Types, by Region, 2015-2026 (USD Million)
7. Chapter 7.    Sunglasses Market Assessment by Channel
7.1. Introduction
7.2. Market by Channel
7.2.1. Global Sunglasses Market, By Channel, 2015 – 2026 (Million Units)
7.2.2. Global Sunglasses Market, By Channel, 2015 – 2026 (USD Million)
7.3. Online
7.3.1. Global Sunglasses Market, by Online Channel, by Region, 2015-2026 (Million Units)
7.3.2. Global Sunglasses Market, by Online Channel, by Region, 2015-2026 (USD Million)
7.4. Offline
7.4.1. Global Sunglasses Market, by Offline Channel, by Region, 2015-2026 (Million Units)
7.4.2. Global Sunglasses Market, by Offline Channel, by Region, 2015-2026 (USD Million)
8. Chapter 8.    Sunglasses Market Assessment by Geography
8.1. Introduction
8.1.1. Sunglasses Market Assessment, By Geography, 2019 & 2026
8.1.2. Sunglasses Market Assessment, By Geography, 2015 - 2026 (Million Units)
8.1.3. Sunglasses Market Assessment, By Geography, 2015 - 2026 (USD Million)
8.2. Sunglasses Market – North America
8.2.1. North America: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.2.2. North America: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.2.3. North America: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.2.4. North America: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.2.5. North America: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.2.6. North America: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.2.7. Sunglasses Market – US
8.2.7.1. U.S.: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.2.7.2. U.S.: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.2.7.3. U.S.: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.2.7.4. U.S.: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.2.7.5. U.S.: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.2.7.6. U.S.: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.2.8. Sunglasses Market – Canada
8.2.8.1. Canada: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.2.8.2. Canada: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.2.8.3. Canada: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.2.8.4. Canada: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.2.8.5. Canada: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.2.8.6. Canada: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.2.9. Sunglasses Market – Mexico
8.2.9.1. Mexico: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.2.9.2. Mexico: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.2.9.3. Mexico: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.2.9.4. Mexico: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.2.9.5. Mexico: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.2.9.6. Mexico: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.3. Sunglasses Market – Europe
8.3.1. Europe: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.3.2. Europe: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.3.3. Europe: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.3.4. Europe: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.3.5. Europe: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.3.6. Europe: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.3.7. Sunglasses Market – UK
8.3.7.1. UK: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.3.7.2. UK: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.3.7.3. UK: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.3.7.4. UK: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.3.7.5. UK: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.3.7.6. UK: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.3.8. Sunglasses Market – Germany
8.3.8.1. Germany: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.3.8.2. Germany: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.3.8.3. Germany: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.3.8.4. Germany: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.3.8.5. Germany: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.3.8.6. Germany: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.3.9. Sunglasses Market – France
8.3.9.1. France: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.3.9.2. France: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.3.9.3. France: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.3.9.4. France: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.3.9.5. France: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.3.9.6. France: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.3.10. Sunglasses Market – Italy
8.3.10.1. Italy: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.3.10.2. Italy: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.3.10.3. Italy: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.3.10.4. Italy: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.3.10.5. Italy: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.3.10.6. Italy: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.4. Sunglasses Market – Asia-Pacific
8.4.1. Asia Pacific: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.4.2. Asia Pacific: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.4.3. Asia Pacific: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.4.4. Asia Pacific: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.4.5. Asia Pacific: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.4.6. Asia Pacific: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.4.7. Sunglasses Market – China
8.4.7.1. China: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.4.7.2. China: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.4.7.3. China: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.4.7.4. China: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.4.7.5. China: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.4.7.6. China: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.4.8. Sunglasses Market – Japan
8.4.8.1. Japan: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.4.8.2. Japan: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.4.8.3. Japan: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.4.8.4. Japan: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.4.8.5. Japan: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.4.8.6. Japan: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.4.9. Sunglasses Market – India
8.4.9.1. India: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.4.9.2. India: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.4.9.3. India: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.4.9.4. India: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.4.9.5. India: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.4.9.6. India: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.5. Sunglasses Market – South America
8.5.1. South America: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.5.2. South America: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.5.3. South America: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.5.4. South America: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.5.5. South America: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.5.6. South America: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.5.7. Sunglasses Market – Brazil
8.5.7.1. Brazil: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.5.7.2. Brazil: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.5.7.3. Brazil: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.5.7.4. Brazil: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.5.7.5. Brazil: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.5.7.6. Brazil: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
8.6. Sunglasses Market – Middle East and Africa (MEA)
8.6.1. MEA: Sunglasses Market, By Type, 2015 - 2026 (Million Units)
8.6.2. MEA: Sunglasses Market, By Type, 2015 - 2026 (USD Million)
8.6.3. MEA: Sunglasses Market, By Material, 2015 - 2026 (Million Units)
8.6.4. MEA: Sunglasses Market, By Material, 2015 - 2026 (USD Million)
8.6.5. MEA: Sunglasses Market, By Distribution Channel, 2015 - 2026 (Million Units)
8.6.6. MEA: Sunglasses Market, By Distribution Channel, 2015 - 2026 (USD Million)
9. Chapter 9.    Competitive Landscape
9.1. Expansion and Acquisition Are the Best Adopted Strategy by the Companies
9.2. Expansion
9.3. Product Launch
9.4. Partnerships/Collaborations/Agreements/Exhibitions
10. Chapter 10.    Company Profiles
10.1. Luxottica Group S.p.A
10.1.1. Business Overview
10.1.2. Financial Snapshot
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Prada S.p.A
10.2.1. Business Overview
10.2.2. Financial Snapshot
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Safilo Group S.p.A
10.3.1. Business Overview
10.3.2. Financial Snapshot
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Fielmann AG
10.4.1. Business Overview
10.4.2. Financial Snapshot
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. De Rigo Vision
10.5.1. Business Overview
10.5.2. Financial Snapshot
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Kering (Alexander McQueen)
10.6.1. Business Overview
10.6.2. Financial Snapshot
10.6.3. Products and Services
10.7. Capri Holdings (Michael Kors)
10.7.1. Business Overview
10.7.2. Financial Snapshot
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. LVMH Moët Hennessy Louis Vuitton SE
10.8.1. Business Overview
10.8.2. Financial Snapshot
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Marcolin Eyewear
10.9.1. Business Overview
10.9.2. Financial Snapshot
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Maui Jim
10.10.1. Business Overview
10.10.2. Products and Services


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