Sunglasses Market Research Report - Global Forecast till 2027

Global Sunglasses Market Research Report: Information by Type (Aviator/Pilot, Wayfarer, Rectangle, Round, Cat Eye, Oval, and Others), by Distribution Channel (Store-Based and Non-Store-Based), and by Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2027

ID: MRFR/CR/1325-HCR | February 2021 | Region: Global | 110 pages

Market Scenario The use of sunglasses helps in protection against harmful UV rays, which tend to damage the naked eyes. Furthermore, the use of sunglasses to enhance facial appeal has increased with the launch of trending designs and shades, thereby fueling the global sunglasses market growth. The Global Sunglasses Market Size is projected to grow with a significant growth rate of 5.16% from 2019 to 2024 and reach a market value of USD 37.43 billion by the end of 2024. Lens quality and its shades are the key criteria to purchase sunglasses. Lenses are generally made with glass, various plastics, or polycarbonates. Among the several types of sunglass lenses, polarized lenses help in cutting down the glare due to reflection and are appropriate to be worn while driving and outdoor activities. Photochromic lenses respond well to the intensity of UV light by turning darker outdoors and lighter indoors. Such benefits of different lens types aid to the mounting growth of global sunglasses market.     Segmentation The global sunglasses market has been segmented based on type, distribution channel, and region. The global sunglasses market has been classified, based on type, as aviator/pilot, wayfarer, rectangle, round, cat eye, oval, and others. On the basis of distribution channel, the global market has been bifurcated into store-based and non-store-based. The store-based segment is further divided into supermarkets & hypermarkets, convenience stores, specialty stores, and others. The global sunglasses industry has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American market has further been segmented into the US, Canada, and Mexico. The European sunglasses industry has been classified into the UK, Germany, France, Italy, Spain, and the rest of Europe. The sunglasses industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The sunglasses market in the rest of the world has been segmented into South America, the Middle East, and Africa. Key Players Safilo Group S.p.A. (Italy), Luxottica Group S.p.A. (Italy), Wenzhou Eugenia Eyewear Factory (China), De Rigo Vision S.p.A. (Italy), Marcolin SpA. (Italy), Revo Holdings, LLC (US), Marchon Eyewear, Inc. (US), Randolph Engineering, Inc. (US), Alexander McQueen Trading Limited (UK), Fielmann AG (Germany), Maui Jim (US), Eyeking LLC (US), and Nike, Inc. (US) are some of the key players in the global sunglasses market. Regional Market Summary Global Sunglasses Market Share (%), by Region, 2018 Sunglasses Market Source: Secondary Sources and MRFR Analysis Globally, the sunglasses market in North America is anticipated to be the dominating market with a market share of 39.49% in 2018. Awareness regarding the side effects of UV radiation on eyes and the use of sunglasses as a part of fashion trends is expected to be a significant driving force for the regional market growth during the forecast period. Asia-Pacific is expected to grow at the fastest rate in the sunglasses market due to the high population and increasing adoption of fashion products in the region. Moreover, rising per capita disposable incomes and growing organized retail sector are further driving the regional market growth.  Global Sunglasses Market, by Product Type


  • Aviator/Pilot

  • Wayfarer

  • Rectangle

  • Round

  • Cat Eye

  • Oval

  • Others


Global Sunglasses Market, by Distribution Channel

  • Store-Based


    • Supermarkets & Hypermarkets

    • Convenience Stores

    • Specialty Stores

    • Others


  • Non-Store-Based


Global Sunglasses Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Sunglass manufacturers

  • Commercial research and development institutions

  • Fashion industry and sports associations

  • Raw material suppliers and distributors

  • Retailers, distributors, and wholesalers

  • Traders, exporters, and importers



Frequently Asked Questions (FAQ) :


sunglasses market is projected to grow at approximately 5.16% CAGR during the assessment period (2019-2024).

sunglasses market is estimated to reach a valuation of approx. USD 37.43 BN by the end of 2024.

Rising disposable incomes and improving quality of life of populaces, are major tailwinds pushing the growth of the global sunglasses market.

North America holds the largest share in the global sunglasses market, followed by Europe and the Asia Pacific, respectively.

Safilo Group S.p.A. (Italy), Wenzhou Eugenia Eyewear Factory (China), De Rigo Vision S.p.A. (Italy), Marcolin SpA. (Italy), Revo Holdings, LLC (US), Eyewear, Inc. (US), Marchon Luxottica Group S.p.A. (Italy), Randolph Engineering, Inc. (US), Fielmann AG (Germany), Alexander McQueen Trading Limited (UK), Maui Jim (US), Nike, Inc. (US), and Eyeking LLC (US), are some of the top players in the global sunglasses market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Rivalry

5 Market Dynamics of the Global Sunglasses Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Sunglasses Market, by Type

6.1 Introduction

6.2 Aviator/Pilot

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Wayfarer

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Rectangle

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Round

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

6.6 Cat Eye

6.6.1 Market Estimates & Forecast, 2020–2027

6.6.2 Market Estimates & Forecast, by Region, 2020–2027

6.7 Oval

6.7.1 Market Estimates & Forecast, 2020–2027

6.7.2 Market Estimates & Forecast, by Region, 2020–2027

6.8 Others

6.8.1 Market Estimates & Forecast, 2020–2027

6.8.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Sunglasses Market, by Distribution Channel

7.1 Introduction

7.2 Store-Based

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.3 Hypermarkets & Supermarkets

7.2.3.1 Market Estimates & Forecast, 2020–2027

7.2.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.4 Convenience Stores

7.2.4.1 Market Estimates & Forecast, 2020–2027

7.2.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.5 Specialty Stores

7.2.5.1 Market Estimates & Forecast, 2020–2027

7.2.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.6 Others

7.2.6.1 Market Estimates & Forecast, 2020–2027

7.2.6.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Non-Store-Based

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Sunglasses Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, 2020–2027

8.2.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020–2027

8.3.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020–2027

8.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.7.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.8.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.9.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020–2027

8.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020–2027

8.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.7.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.8.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5 Rest of the World (RoW)

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.4 South America

8.5.4.1 Market Estimates & Forecast, 2020–2027

8.5.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.5 Middle East

8.5.5.1 Market Estimates & Forecast, 2020–2027

8.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.6 Africa

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

10. Company Profiles

10.1 Safilo Group S.p.A.

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Luxottica Group S.p.A.

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Wenzhou Eugenia Eyewear Factory

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 De Rigo Vision S.p.A.

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Marcolin SpA.

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Revo Holdings, LLC

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Marchon Eyewear, Inc.

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Randolph Engineering, Inc. (US)

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Alexander McQueen Trading Limited

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Fielmann AG

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Maui Jim

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Eyeking LLC (US)

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Nike, Inc.

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategy

10.13.5 Key Developments

10.13.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

TABLE 1 Global Sunglasses Market, by Region, 2020–2027 (USD Million)

TABLE 2 Global Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 3 Global Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 4 North America: Sunglasses Market, by Country, 2020–2027 (USD Million)

TABLE 5 North America: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 6 North America: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 7 US: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 8 US: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 9 Canada: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 10 Canada: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 11 Mexico: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 12 Mexico: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 13 Europe: Sunglasses Market, by Country, 2020–2027 (USD Million)

TABLE 14 Europe: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 15 Europe: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 16 Germany: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 17 Germany: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 18 France: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 19 France: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 20 Italy: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 21 Italy: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 22 Spain: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 23 Spain: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 24 UK: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 25 UK: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 26 Rest of Europe: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 27 Rest of Europe: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 28 Asia-Pacific: Sunglasses Market, by Country, 2020–2027 (USD Million)

TABLE 29 Asia-Pacific: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 30 Asia-Pacific: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 31 China: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 32 China: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 33 India: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 34 India: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 35 Japan: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 36 Japan: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 37 Australia & New Zealand: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 38 Australia & New Zealand: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 39 Rest of Asia-Pacific: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 40 Rest of Asia-Pacific: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 41 Rest of the World (RoW): Sunglasses Market, by Country, 2020–2027 (USD Million)

TABLE 42 Rest of the World (RoW): Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 43 Rest of the World (RoW): Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 44 South America: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 45 South America: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 46 Middle East: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 47 Middle East: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

TABLE 48 Africa: Sunglasses Market, by Type, 2020–2027 (USD Million)

TABLE 49 Africa: Sunglasses Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Sunglasses Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Sunglasses Market

FIGURE 4 Value Chain of Global Sunglasses Market

FIGURE 5 Share of Global Sunglasses Market in 2019, by Country (%)

FIGURE 6 Global Sunglasses Market, by Region, 2020–2027

FIGURE 7 Global Sunglasses Market Size, by Product Type, 2019

FIGURE 8 Share of Global Sunglasses Market, by Product Type, 2020–2027 (%)

FIGURE 9 Global Sunglasses Market Size, by Distribution Channel, 2019

FIGURE 10 Share of Global Sunglasses Market, by Distribution Channel, 2020–2027 (%)