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Global Polarized Sunglasses Market 2019-2023

Global Polarized Sunglasses Market 2019-2023

About this market

The rising positioning of premium polarized sunglasses as fashion accessories will trigger the market’s growth during the forecast period. These glasses have gained a broad appeal among high-income consumers as it adds to their social status and fashion sense. Manufacturers are increasingly offering customized polarized sunglasses for office wear, casual wear, party wear, and beachwear. These factors further will drive the global polarized sunglasses market during the forecast period. Technavio’s analysts have predicted that the polarized sunglasses market will register a CAGR of close to 7% by 2023.

Market Overview

Rising product premiumization due to increased innovation and portfolio extension

One of the growth drivers of the global polarized sunglasses market is the rising product premiumization due to increased innovation and portfolio extension. The increasing awareness among consumers, especially on vision care to protect the eyes from the harmful effects of UVA and UVB rays, is driving the demand for polarized sunglasses.

The increasing the availability of counterfeit products

One of the challenges in the growth of the global polarized sunglasses market is the increasing availability of counterfeit products. The growing number of counterfeit products is expected to adversely affect the sales of the vendors of the market in focus operating in the global market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the polarized sunglasses market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Manufacturers of polarized sunglasses are focusing more on the production of sunglasses with new styles, sizes, colors, designs, and other aesthetic features to cater to the growing consumer demand. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Polarized Sunglasses Market 2019-2023

Technavio recognizes the following companies as the key players in the global polarized sunglasses market: Essilor, KERING, LUXOTTICA GROUP, LVMH, MAUI JIM, INC., and Safilo Group S.p.A.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the introduction of innovative lenses and technologically advanced polarized sunglasses.”

According to the report, one of the major drivers for this market is the rising product premiumization due to increased innovation and portfolio extension.

Further, the report states that one of the major factors hindering the growth of this market is the lack of consumer awareness of the harmful effects of UV rays.

Companies Mentioned

Essilor

KERING

LUXOTTICA GROUP

LVMH

MAUI JIM, INC.

Safilo Group S.p.A.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global eyewear market
      • Table Segments of global eyewear market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by material
    • Table Material - Market share 2018-2023 (%)
    • Comparison by material
      • Table Comparison by material
    • Polycarbonate - Market size and forecast 2018-2023
      • Table Polycarbonate - Market size and forecast 2018-2023 ($ millions)
      • Table Polycarbonate - Year-over-year growth 2019-2023 (%)
    • CR-39 or ADC - Market size and forecast 2018-2023
      • Table CR-39 or ADC - Market size and forecast 2018-2023 ($ millions)
      • Table CR-39 or ADC - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by material
      • Table Market opportunity by material
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Other prominent drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Introduction of innovative lenses and technologically advanced polarized sunglasses
    • Advent of tinted polarized sunglasses
    • Increasing adoption of polarized sunglasses in developing countries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Essilor
      • Table Essilor - Vendor overview
      • Table Essilor - Business segments
      • Table Essilor - Organizational developments
      • Table Essilor - Geographic focus
      • Table Essilor - Segment focus
      • Table Essilor - Key offerings
    • KERING
      • Table KERING - Vendor overview
      • Table KERING - Business segments
      • Table KERING - Organizational developments
      • Table KERING - Geographic focus
      • Table KERING - Segment focus
      • Table KERING - Key offerings
    • LUXOTTICA GROUP
      • Table LUXOTTICA GROUP - Vendor overview
      • Table LUXOTTICA GROUP - Business segments
      • Table LUXOTTICA GROUP - Organizational developments
      • Table LUXOTTICA GROUP - Geographic focus
      • Table LUXOTTICA GROUP - Segment focus
      • Table LUXOTTICA GROUP - Key offerings
    • LVMH
      • Table LVMH - Vendor overview
      • Table LVMH - Business segments
      • Table LVMH - Organizational developments
      • Table LVMH - Geographic focus
      • Table LVMH - Segment focus
      • Table LVMH - Key offerings
    • MAUI JIM, INC.
      • Table MAUI JIM, INC. - Vendor overview
      • Table MAUI JIM, INC. - Business segments
      • Table MAUI JIM, INC. - Key offerings
    • Safilo Group S.p.A.
      • Table Safilo Group S.p.A. - Vendor overview
      • Table Safilo Group S.p.A. - Business segments
      • Table Safilo Group S.p.A. - Organizational developments
      • Table Safilo Group S.p.A. - Geographic focus
      • Table Safilo Group S.p.A. - Segment focus
      • Table Safilo Group S.p.A. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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