New York, NY 11 Nov 2019: The global Sunglasses
Market size was valued at USD 17,950.9 million in 2018
and is anticipated to reach $36,459 million by 2026 | grow at a CAGR of 9.5% according to a new research published by Polaris Market
Research. In 2018, the offline stores segment accounted
for the highest market share in terms of revenue. North America is expected to
be the leading contributor to the global Sunglasses market revenue in 2018.
“Sunglasses Market Share, Size, Trends, Industry Analysis
Report, By Lens Type (Polarized, Non-Polarized); By Material (CR-39,
Polycarbonate, Polyurethane, Others); By Distribution Channel (Offline Stores,
Online Channels); By Regions, Segments & Forecast, 2019 – 2026”
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this research report @ https://www.polarismarketresearch.com/industry-analysis/sunglasses-market/request-for-sample
The well-known
companies profiled in the Sunglasses market report include Luxottica
Group S.p.A, Prada S.p.A, Safilo Group S.p.A, Fielmann AG, De Rigo Vision,
Alexander McQueen, Michael Kors, LVMH Moët Hennessy Louis Vuitton SE, Marcolin
Eyewear, and Maui Jim. These companies launch new products
and collaborate with other market leaders to innovate and launch new products
to meet the increasing needs and requirements of consumers.
The significant increase in awareness regarding eye protection
against harmful UV rays among consumers, coupled with growth in living
standards majorly drives the Sunglasses market growth. The increasing adoption
of fashion trends, and use of sunglasses as a fashion accessory boosts the
sunglasses market growth. The rising penetration of e-commerce, driven by
growing broadband internet penetration, use of smartphones and an increasing
proportion of technologically inclined consumers would further support the
growth of the Sunglasses market. Consumers are increasingly becoming aware of
eye health, which supports market growth. The growing popularity of fashion
trends, and increasing disposable income encourage consumers to purchase
designer, luxury, and branded sunglasses. The growing retail industry, modern
retail practices, growing technological advancements, and online distribution
efficiencies would increase the sale of sunglasses during the forecast period.
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this report @ https://www.polarismarketresearch.com/industry-analysis/sunglasses-market/request-for-discount-pricing
The growing disposable income has encouraged consumers to buy
high quality sunglasses that are in perfect amalgamation with their increasing
living standards. Moreover, consumers are now opting for trendy and designer
sunglasses according to latest trends prevailing in the market. Youth prefer to
don luxury sunglasses in an effort to accentuate their overall appearance.
Thus, lofty living standards and increasing fashion consciousness would
contribute to the growth of the sunglasses market.
Sale of sunglasses through online channels has gained
significant popularity over the years. The trend of online shopping is gaining
traction in developing economies, thereby encouraging established market
players to distribute their products globally. Emerging and new players are
also using online platforms for promotion and sale of products. Online
distribution channels offer a global platform to market players for expansion
of customer base, while reducing operation cost.
North America generated the highest Sunglasses market share in
terms of revenue in 2018, and is expected to lead the global Sunglasses market
throughout the forecast period. The growing population, high disposable
incomes, and increasing health consciousness has accelerated the Sunglasses
market growth in the region. The increasing adoption of fashion trends, and
online shopping is generating numerous opportunities for the Sunglasses
industry.
Complete Summary
with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/sunglasses-market
About Polaris Market
Research
Polaris Market Research is a global market research and
consulting company. We provide unmatched quality of offerings to our clients
present globally. The company specializes in providing exceptional market
intelligence and in-depth business research services for our clientele spread
across different enterprises. We at Polaris are obliged to serve our diverse
customer base present across the industries of healthcare, technology,
semi-conductors and chemicals among various other industries present around the
world.
Contact us-
Polaris Market Research
Phone: 1-646-568-9980
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