Global Sports Sunglasses Market: By Category: Polarized, Non-polarized; By Distribution Channel: Offline, Online; By Application: Outdoor Sporting & Traveling, Water Sports, Ski Sports, Others; By Region: North America, Europe, Asia Pacific, LATAM, Middle East & Africa; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Events and Developments

Global Sports Sunglasses Market Key Insights:

Market Outlook

The global sports eyewear market was valued at USD 8.46 billion in 2018. 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 2019 to 2024 at a CAGR of 3.55%. 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.

Properties and Applications

The industry can be divided on the basis of segments like category, distribution channel, and application.

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, LATAM, and the Asia Pacific regions.

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
• Marchon Eyewear, Inc.
• 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.

Key Questions Answered in the Report:

• How has the global sports sunglasses industry performed in the previous years (2014-2018)?
• What is the forecasted assessment of the industry for 2019-2024?
• What are the major drivers in the historical (2014-2018) and forecast (2019-2024) periods?
• What are the major constraints in the historical (2014-2018) and forecast (2019-2024) periods?
• What are the major demand indicators of the global sports sunglasses industry?
• What are the key manufacturers of polarized and non-polarized sunglasses in the global industry?
• What is the degree of competition in the global market?
• What are the major events and developments taking place within the global industry?

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