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Global Luxury Sunglasses Market 2017-2021

About Luxury Sunglasses

Luxury sunglasses are premium sunglasses that are highly expensive and are specially made for high-end customers who purchase products based on their labels than on features. These are mostly used as fashion accessories than to avoid direct intense light. Continuous exposure to harmful ultraviolet (UV) radiations can harm the retina of the eyes and lead to various other eye problems. The use of sunglasses can prevent sunlight and high-visibility intense light from damaging the eyes.

Technavio’s analysts forecast the global luxury sunglasses market to grow at a CAGR of 6.51% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global luxury sunglasses market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales of different types of luxury sunglasses.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Luxury Sunglasses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Essilor
  • LOUIS VUITTON
  • Luxottica Group
  • Safilo Group
Other prominent vendors
  • Alexander McQueen
  • CHARMANT Group
  • De Rigo Vision
  • Guccio Gucci
  • REVO
  • Marchon Eyewear
  • Marcolin
Market driver
  • Premiumization in luxury sunglasses industry
  • For a full, detailed list, view our report
Market challenge
  • Increase in availability of counterfeit products
  • For a full, detailed list, view our report
Market trend
  • Advent of innovative lenses and design in luxury sunglasses
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Luxury Sunglasses Market 2017-2021

Technavio recognizes the following companies as the key players in the global luxury sunglasses market: Essilor, LOUIS VUITTON, Luxottica Group, and Safilo Group.

Other Prominent Vendors in the market are: Alexander McQueen, CHARMANT Group, De Rigo Vision, Guccio Gucci, REVO, Marchon Eyewear, and Marcolin.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advent of innovative lenses and design in luxury sunglasses. The development of innovative and designer products as well as the enhanced living standards of consumers worldwide have increased the demand for luxury sunglasses. Key competitors are coming up with technologically advanced sunglasses. For example, Oakley uses Prizm, a revolutionary lens technology in sunglass lenses, which optimizes the performance by offering ultra-precise color tuning, designed for specific environments.”

According to the report, one driver in the market is premiumization in luxury sunglasses industry. With advanced technology and innovative features being introduced in most of the industries, the quality and innovation of luxury sunglasses is no exception and is crucial for the growth of the sunglasses industry. The players are involved in enhancing the quality of their products to execute proper branding to project the true facts about their products, which attract brand conscious customers. Luxury sunglasses are considered to be durable, block UVA rays and UVB rays, and promote healthy vision.

Further, the report states that one challenge in the market is increase in availability of counterfeit products. The global luxury sunglasses market has a large number of low-cost private labels. These private labels sell products that offer a high style quotient and innovative features at low price. This becomes challenging for the premium brands, especially in developing countries. Although these private labels do not offer proper UV protection or any other prominent benefits, customers buy sunglasses just to cater to their fashion needs. Such customers opt for the latest trends and do not seek the optical benefits these products offer.

Companies Mentioned

Essilor, LOUIS VUITTON, Luxottica Group, Safilo Group, Alexander McQueen, CHARMANT Group, De Rigo Vision, Guccio Gucci, REVO, Marchon Eyewear, and Marcolin.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
    • Parent Market: Global sunglasses market
      • Table Global sunglasses market: Market scenario 2016
      • Table Global sunglasses market 2016-2021 ($ billions)
  • Market landscape
    • Global luxury sunglasses market
      • Table Global luxury sunglasses market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Global luxury sunglasses market: Five forces analysis
  • Market segmentation by product
    • Global luxury sunglasses market segmentation by product
      • Table Global luxury sunglasses market: Segmentation by product 2016 and 2021 (%share of revenue)
    • Global polarized luxury sunglasses market
      • Table Global polarized luxury sunglasses market 2016-2021 ($ millions)
    • Global non-polarized luxury sunglasses market
      • Table Global non-polarized luxury sunglasses market 2016-2021 ($ millions)
  • Market segmentation by lens material
    • Global luxury sunglasses market segmentation by lens material
      • Table Global luxury sunglasses market: Segmentation by lens material 2016 and 2021 (%share of revenue)
    • Global luxury sunglasses market by polycarbonate lens
      • Table Global luxury sunglasses market by polycarbonate lens 2016-2021 ($ millions)
    • Global luxury sunglasses market by CR-39/ADC lens
      • Table Global luxury sunglasses market by CR-39/ADC lens 2016-2021 ($ millions)
    • Global luxury sunglasses market by polyurethane lens
      • Table Global luxury sunglasses market by polyurethane lens 2016-2021 ($ millions)
    • Global luxury sunglasses market by other lens materials
      • Table Global luxury sunglasses market made by other lens materials 2016-2021 ($millions)
  • Market segmentation by gender
    • Global luxury sunglasses market by gender
      • Table Global luxury sunglasses market: Segmentation by gender in 2016 and 2021 (%share of revenue)
    • Global women luxury sunglasses market
      • Table Global women luxury sunglasses market 2016-2021 ($ millions)
    • Global men luxury sunglasses market
      • Table Global men luxury sunglasses market 2016-2021 ($ millions)
  • Market segmentation by demographics
    • Global luxury sunglasses market by demographics
      • Table Global luxury sunglasses market: Segmentation by demographics in 2016 and 2021(% share of revenue)
    • Global young adults luxury sunglasses market
      • Table Global young adults luxury sunglasses market 2016-2021 ($ millions)
    • Global middle-aged adults luxury sunglasses market
      • Table Global middle-aged luxury sunglasses market 2016-2021 ($ millions)
    • Global older adults luxury sunglasses market
      • Table Global older adults luxury sunglasses market 2016-2021 ($ millions)
    • Global children luxury sunglasses market
      • Table Global children luxury sunglasses market 2016-2021 ($ millions)
  • Market segmentation by distribution channel
    • Global luxury sunglasses market by distribution channel
      • Table Global luxury sunglasses market: Segmentation by distribution channel 2016 and2021 (% share of revenue)
      • Table Global luxury sunglasses market: Segmentation by distribution channel 2016 and2021 ($ millions)
      • Table Global luxury sunglasses market: Analysis of distribution channel based on key parameters 2016
  • Geographical segmentation
    • Global luxury sunglasses market segmentation by geography
      • Table Global luxury sunglasses market: Geographical segmentation in 2016 and 2021 (%share of revenue)
    • Luxury sunglasses market in Americas
      • Table Luxury sunglasses market in Americas 2016-2021 ($ millions)
    • Luxury sunglasses market in EMEA
      • Table Luxury sunglasses market in EMEA 2016-2021 ($ millions)
    • Luxury sunglasses market in APAC
      • Table Luxury sunglasses market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Global luxury sunglasses market: Key leading countries 2016 (% share of revenue)
    • Luxury sunglasses market in the US
      • Table Luxury sunglasses market in the US 2016-2021 ($ millions)
    • Luxury sunglasses market in Germany
      • Table Luxury sunglasses market in Germany 2016-2021 ($ millions)
    • Luxury sunglasses market in France
      • Table Luxury sunglasses market in France 2016-2021 ($ millions)
    • Luxury sunglasses market in Italy
      • Table Luxury sunglasses market in Italy 2016-2021 ($ millions)
    • Luxury sunglasses market in Spain
      • Table Luxury sunglasses market in Spain 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Other prominent drivers
    • Market challenges
  • Market trends
    • Advent of innovative lenses and design in luxury sunglasses
    • Shifting preferences to tinted sunglasses
    • Adoption of luxury sunglasses in developing countries
    • Increasing percentage of working women in the total workforce
    • Other prominent trends
  • Competitor landscape
    • Competitive scenario
      • Table Global luxury sunglasses market: Key competitors
      • Table Global luxury sunglasses market: Key competitor analysis based on important parameters
      • Table Global luxury sunglasses market: Analysis of key competitors
  • Key vendor analysis
    • Essilor
      • Table Essilor: Business and geographical segmentation 2016 (% share of revenue)
      • Table Essilor: Recent highlights
    • LOUIS VUITTON
      • Table LOUIS VUITTON: Business and geographical segmentation 2016 (% share of revenue)
      • Table LOUIS VUITTON: Recent highlights
    • Luxottica Group
      • Table Luxottica Group: Geographical segmentation 2016 (% share of net sales)
      • Table Luxottica Group: Recent highlights
    • Safilo Group
      • Table Safilo Group: Business and distribution channel segmentation 2016 (% share of netsales)
      • Table Safilo Group: Geographical segmentation by net sales 2016 (% share of net sales)
      • Table Safilo Group: Recent highlights
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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