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Global Sports Sunglasses Market: By Category: Polarized, Non-polarized; By Distribution Channel: Offline, Online; By Application: Outdoor Sporting and Traveling, Water Sports, Ski Sports, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sports Sunglasses Market Outlook
The global sports eyewear market was valued at USD 8.76 billion in 2020. The growth of the global sports eyewear industry is expected to aid the growth of the global sports sunglasses market, which is expected to continue to grow from 2021 to 2026 at a CAGR of 3.55%.
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It is anticipated that the increasing awareness of the health advantages of sporting operations, outdoor games, and physical exercises in the emerging economies, including China and India, will be a favourable factor guiding the industry growth. It is expected that the high demand for fashionable sunglasses or goggles will further drive the industry. Manufacturers of safety equipment are sponsoring national and international events to gain a competitive advantage and increase the feasibility of products, thus, further aiding the sports sunglasses industry.
Market Segmentation
The industry can be divided on the basis of segments like category, distribution channel, and application.
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The industry can be broadly categorised as:
- Polarized
- Non-polarized
The industry can be differentiated on the basis of its distribution channels into offline and online. The industry can be further classified based on its applications into outdoor sporting and travelling, water sports, ski sports, and others. The EMR report looks into the regional markets for sports sunglasses like Europe, North America, the Middle East and Africa, Latin America, and the Asia Pacific regions.
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Market Analysis
The sports sunglasses industry is being driven by as an increase in the disposable income of customers, as a result of which they seek branded, well-designed and high-quality products. Customers prefer to replace sports sunglasses frequently which providing further impetus for the industry growth. Sport products have witnessed an increasing adoption rate over the previous few years based on variables such as knowledge of physical fitness, adventure experiences, and skills and ability growth. The increased participation in sporting operations such as running, cycling, mountain biking, hiking, skiing, and backpacking has resulted in an increase in demand for recreational clothing and facilities, thereby facilitating the development of the sports sunglasses industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global sports sunglasses industry, looking into their competitive landscape, capacity, and latest developments like plant turnarounds, capacity expansions, and mergers and acquisitions:
- Luxottica Group SpA
- Nike, Inc.
- Adidas AG
- Carl Zeiss AG
- Decathlon S.A.
- Zoggs International Ltd
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Category, Distribution Channel, Application, Region |
| Breakup by Category | Polarized, Non-polarized |
| Breakup by Distribution Channel | Offline, Online |
| Breakup by Application | Outdoor Sporting & Traveling, Water Sports, Ski Sports, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Luxottica Group SpA, Nike, Inc., Adidas AG, Carl Zeiss AG, Decathlon S.A., Zoggs International Ltd |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sports Sunglasses Market Analysis
8.1 Key Industry Highlights
8.2 Global Sports Sunglasses Historical Market (2017-2021)
8.3 Global Sports Sunglasses Market Forecast (2022-2027)
8.4 Global Sports Sunglasses Market by Category
8.4.1 Polarized
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Non-Polarized
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Sports Sunglasses Market by Distribution Channel
8.5.1 Offline
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Online
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Sports Sunglasses Market by Application
8.6.1 Outdoor Sporting and Traveling
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Water Sports
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Ski Sports
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Sports Sunglasses Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Luxottica Group PIVA
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nike, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Adidas AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Carl Zeiss AG
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Decathlon S.A.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Zoggs International Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Sports Sunglasses Market: Key Industry Highlights, 2017 and 2027
2. Global Sports Sunglasses Historical Market: Breakup by Category (USD Million), 2017-2021
3. Global Sports Sunglasses Market Forecast: Breakup by Category (USD Million), 2022-2027
4. Global Sports Sunglasses Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
5. Global Sports Sunglasses Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
6. Global Sports Sunglasses Historical Market: Breakup by Application (USD Million), 2017-2021
7. Global Sports Sunglasses Market Forecast: Breakup by Application (USD Million), 2022-2027
8. Global Sports Sunglasses Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Sports Sunglasses Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Sports Sunglasses Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Sports Sunglasses Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Sports Sunglasses Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Sports Sunglasses Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Sports Sunglasses Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Sports Sunglasses Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Sports Sunglasses Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Sports Sunglasses Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Sports Sunglasses Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Sports Sunglasses Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Sports Sunglasses Market Structure
Key Questions Answered in the Report
The global sports eyewear market is expected to aid the growth of global sports sunglasses market, which reached a value of USD 8.76 billion in 2020.
The global sports eyewear industry is further likely to grow at a CAGR of 3.55% in the forecast period of 2021 and 2026.
The major drivers of the industry include the increasing understanding of the health benefits of sports activities, outdoor games, and physical workouts in developing economies, rapidly adopting physically active lifestyles, increasing preference for premium-quality and branded sportswear, and the strong demand for trendy shades or goggles.
The increase in the disposable income of customers and increased participation in sporting operations are the key trends driving the market growth.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major category in the industry are polarized and non-polarized.
The several distribution channels in the industry are offline and online.
The significant applications include outdoor sporting and traveling, water sports, and ski sports, among others.
The key players in the industry are Luxottica Group PIVA , Nike, Inc., Adidas AG, Carl Zeiss AG, Decathlon S.A., and Zoggs International Ltd., among others.
Analyst Review
The global sports sunglasses market attained a value of USD 8.76 billion in 2020 driven by the increase in the disposable income of customers. Aided by the growing awareness of the health benefits of sports activities, outdoor games, and physical workouts and increasing preference for premium-quality and branded sportswear, the market is expected to grow at a CAGR of 3.55% in the forecast period of 2021-2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its category, the industry can be segmented into polarized and non-polarized. On the basis of distribution channel, the industry can be segmented into offline and online. Based on its application, the industry can be segmented into outdoor sporting and traveling, water sports, and ski sports, among others. The major regional markets for sports sunglasses are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Luxottica Group PIVA, Nike, Inc., Adidas AG, Carl Zeiss AG, Decathlon S.A., and Zoggs International Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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