Global Polarized Sunglasses Market, By Material (Polycarbonate, CR-39/ADC, Polyurethane and Others), Gender (Men, Women and Unisex), Application (Vehicle Driving, Fishing and Boating, Outdoor Sporting and Travelling and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Polarized Sunglasses Market
Data Bridge Market Research analyses that the polarized sunglasses market will witness a CAGR of 7.86% for the forecast period. Rising population around the globe, rising awareness regarding the protection of eyes, advancement in the technology coupled with new and eyewear innovative product offerings are some of the major factors driving the growth of polarized sunglasses market.
The function of polarized sunglasses is similar to regular sunglasses which is to protect the eyes against harmful UV radiations. However, polarized sunglasses are an upgraded or modified version of regular sunglasses. The filter in polarized sunglasses create vertical opening for the light. This means that the lenses will block the horizontal sun rays and only the light rays that vertically approach the eyes will be allowed to enter through the openings. The filter used in polarized sunglasses helps in reduction of glare reflection. Glare distorts the original colour of the objects and makes it difficult to identify and distinguish them. As a result, polarized sunglasses are recommended in activities in which there is high exposure to sun rays such as driving, fishing and so on.
Polarized sunglasses are available in wide range, shapes and sizes. Therefore, a customer is attracted towards them and is left with a wide variety to be chosen from. Rising demand for eyewear that helps to tackle glare reflection is in turn inducing the growth in demand for polarized sunglasses globally. Rising awareness regarding the harmful effects of UV rays and directly exposing off eyes to the sun rays is propelling the growth of polarized sunglasses market. Also, rising awareness regarding the benefits to maintain the health of eyes is creating lucrative growth opportunities for the polarized sunglasses market.
However, high costs associated with polarized sunglasses as compared to regular sunglasses will challenge the market growth rate. Polarized sunglasses make it difficult to see LCD screens. This will also adversely affect their market demand.
This polarized sunglasses market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research polarized sunglasses market contact for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polarized Sunglasses Market Scope and Market Size
The polarized sunglasses market is segmented on the basis of material, gender and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of material, the polarized sunglasses market is segmented into polycarbonate, CR-39/ADC, polyurethane and others.
- On the basis of gender, the polarized sunglasses market is segmented into men, women and unisex.
- On the basis of application, the polarized sunglasses market is segmented into vehicle driving, fishing and boating, outdoor sporting and travelling and others.
Polarized Sunglasses Market Country Level Analysis
The polarized sunglasses market is analyses and market size, volume information is provided by country, material, gender and application as referenced above.
The countries covered in the polarized sunglasses market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polarized sunglasses market owing to the rise in awareness related to the side effects of UV radiation on eyes. Also, the use of polarized sunglasses as a part of fashion trends is anticipated to propel the growth of the sunglasses market. Rising prevalence of eye sight disorders coupled with presence of major manufacturers in the region are some other factors determining the growth of market. Asia-Pacific on the other hand, is estimated to witness significant amount of growth in the polarized sunglasses market and is projected to show the highest compound annual growth rate during the forecast period. This is because of the high population and growing awareness about the benefits of such products. Furthermore, growing per capita disposable incomes and rising structural organization of retail sector are further expected to boost the growth rate of the polarized sunglasses market.
The country section of the polarized sunglasses market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polarized Sunglasses Market Share Analysis
The polarized sunglasses market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polarized sunglasses market.
The major players covered in the polarized sunglasses report are Luxottica group, Oakley, Inc., MAUI JIM, INC., PRADA, Gucci, Gianni Versace S.r.l., Giorgio Armani S.p.A., Bulgari S.p.A., Bottega Veneta S.r.l., Burberry Limited, DOLCE&GABBANA, FENDI, Bolon AB, POLAROID EYEWEAR, Goocambodia., PROSUN, Bolon Eyewear., Xiaomi and LUXOTTICA GROUP among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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