New York City, 14 January 2019: The Global Sunglasses market is estimated to grow at a CAGR of 9.4%
from 2018 to 2026 according to a new report published by Polaris Market
Research. The new report ‘Sunglasses Market [By Lens Type
(Polarized, Non-Polarized) By Material (CR-39, Polycarbonate, Polyurethane,
Others) By Distribution Channel (Offline Stores, Online Channels), By Regions]:
Market Size & Forecast, 2018 – 2026’ indicates that the global Sunglasses market generated US$ 17,951
million in 2018.
The increasing awareness regarding eye care, and growing health consciousness among consumers has increased the demand for sunglasses. The increasing disposable income along with rising living standards has accelerated the Sunglasses market growth across the globe. Increasing urbanization, growing population in developed countries, and an emerging middle class in developing economies further boosts the Sunglasses market growth. Increasing adoption of fashion trends coupled with technological advancements and growth of e-commerce is expected to provide numerous growth opportunities for the Sunglasses industry.
Browse Research Report On Sunglasses market Analysis:
https://www.polarismarketresearch.com/industry-analysis/sunglasses-market/
For more
information: https://www.polarismarketresearch.com/
Sunglasses
are used for protection of eyes against dust and harmful UV rays. Consumers
also wear sunglasses to enhance appearance and follow fashion trends. The most
important benefit of wearing sunglasses is protection of eyes from UV light. UV
light has harmful effects on the eyelid, cornea, lens and retina. Sunglasses
also help protect delicate skin around the eyes from aging.
The increasing awareness regarding eye care, and growing health consciousness among consumers has increased the demand for sunglasses. The increasing disposable income along with rising living standards has accelerated the Sunglasses market growth across the globe. Increasing urbanization, growing population in developed countries, and an emerging middle class in developing economies further boosts the Sunglasses market growth. Increasing adoption of fashion trends coupled with technological advancements and growth of e-commerce is expected to provide numerous growth opportunities for the Sunglasses industry.
Browse Research Report On Sunglasses market Analysis:
https://www.polarismarketresearch.com/industry-analysis/sunglasses-market/
North America Sunglasses Market Share By Distribution Channel, 2017 & 2026
The
vendors in the sunglasses market are launching new products to meet the growing
customer needs. In addition, the leaders in the market are acquiring and
collaborating with top companies in the market to enhance their offerings in
the market and expand their customer base. For instance, in Jan 2017, Life is
Good collaborated with the McGee Group to enter the eyewear market through
launch of readers, sunglasses, and optical frames. The new range of products
includes “Focus on the Good" Ophthalmic Glasses for Women, Men, and Kids,
"Go Places" Sunglasses, which are available in designs such as
wayfarer, aviator, and classic rectangular styles.
The
report provides an extensive qualitative and quantitative analysis of the
market trends and growth prospects of the Global Sunglasses Market, 2018-2026.
This Sunglasses market report comprises a detailed geographic distribution of
the market across North America, Europe, Asia-Pacific, Latin America, and MEA.
North America is further segmented into U.S., Canada, and Mexico. Europe is
divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is
bifurcated into China, India, Japan, and Rest of Asia-Pacific.
North
America generated the highest revenue in 2018 owing to increasing population
and high living standards. Increasing awareness regarding eye care encourages
consumers to take preventive measures, thereby supporting the sunglasses market
growth in the region.
Competitive Landscape and Key Vendors
The
global Sunglasses market is characterized by the presence of well-diversified
international and small and medium-sized vendors. Leading companies are
acquiring other companies, and enhancing their product offerings to improve
their Sunglasses market share. Acquisitions enable key players to increase
their market potential in terms of geographic expansion and expansion of
customer base.
The
leading companies profiled in the sunglasses market report include Luxottica
Group S.p.A, Prada S.p.A, Safilo Group S.p.A, Fielmann AG, De Rigo Vision,
Alexander McQueen, Michael Kors, LVMH Moët Hennessy Louis Vuitton SE, Marcolin
Eyewear, and Maui Jim.
Access press release of Sunglasses market:
https://www.polarismarketresearch.com/press-releases/sunglasses-market
https://www.polarismarketresearch.com/press-releases/sunglasses-market
About Polaris Market Research
Polaris Market Research is a global market
research and consulting company. The company specializes in providing
exceptional market intelligence and in-depth business research services for our
clientele spread across different enterprises. We at Polaris are obliged to
serve our diverse customer base present across the industries of healthcare,
technology, semi-conductors and chemicals among various other industries
present around the world. We strive to provide our customers with updated
information on innovative technologies, high growth markets, emerging business
environments and latest business-centric applications, thereby helping them
always to make informed decisions and leverage new opportunities. Adept with a
highly competent, experienced and extremely qualified team of experts
comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver
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