Sunglasses Market by Type (Polarized and Non-polarized), Design (Aviator/Pilot, Rectangle, Round, Square, Oval, Cat Eye, and Others), Frame Material (Acetate, Metal, Injected, and Others) and Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Online Sales Channel): Global Opportunity Analysis and Industry Forecast 2021–2027
The internet, the on-going trend of digitization, and social media platforms are few factors expected to play a significant role in the growth of the global sunglasses market in the upcoming future. The outbreak of COVID-19 pandemic has indicated the importance and need for digitization for the market players in order to survive in the market.
Senior Research Analyst, Consumer Goods at Allied Market Research
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• The global sunglasses market size was valued at $16,851 million in 2019.
• The global sunglasses market size is estimated to reach $18,164 million by 2027.
• The global sunglasses market is registering a CAGR of 4.2% from 2021 to 2027.
• The round and aviator segments collectively accounted for around 36.5% market share in 2019.
North America dominated the sunglasses market in 2019, and is expected to sustain its dominance throughout the forecast period.
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The polarized segment is estimated to witness the fastest growth, registering a CAGR of 4.4% during the forecast period.
The injected segment was valued at $6,338.9 million, accounting for 37.6% of the global sunglasses market share.
It is segmented into supermarkets/hypermarkets, specialty stores, convenience stores, and online sales channel
• Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
• North America dominated the sunglasses market in 2019.
• In 2019, the U.S. was the most prominent market in North America, and is projected to reach $3,926 million by 2027, growing at a CAGR of 1.4% during the forecast period.
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• EssilorLuxottica SA
• Safilo Group SpA
• Fielmann AG
• Marcolin Eyewear
• De Rigo Vision Spa
• Stylrite Optical Industries
• Eyevan Inc.
• Loch
• Randolph
• Eugenia Eyewear
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