Sunglasses Market Size, Share & Trends Analysis Report By Product (Polarized, Non-polarized), By Material (CR-39, Polycarbonate, Polyurethane), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024

The global sunglasses market size was estimated to reach USD 36.44 billion in 2030 and is expected to grow at a CAGR of 5.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global market has been growing consistently over years, with consumers increasingly recognizing the importance of eye protection from harmful UV rays and the style statement that sunglasses can make. This trend is expected to continue, especially as awareness about eye health rises, making it a lucrative sector to invest in.

In addition to the growing demand for sunglasses, the market is highly diverse, offering ample room for niche products and branding. Different styles, materials, and technologies cater to wide ranging consumer preferences. From high-end designer sunglasses to affordable, functional options, there is a segment for every budget. Players can focus on specific niches, such as eco-friendly materials, customizable frames, or advanced UV protection, to carve out their unique space in the market.

Furthermore, the fashion industry influence on sunglasses cannot be underestimated. Sunglasses have become an essential accessory in the fashion world, making them a staple for people of all ages. This opens the door for innovative designs, collaborations with fashion brands, and the potential to ride the waves of seasonal trends.

Sunglasses brands are partnering with fashion houses to create exclusive collections. Collaborations between sunglasses brands and fashion houses generate buzz and attract attention from consumers. These partnerships often result in sought after limited-edition collections, leading to increased brand visibility for both the sunglasses brand and the fashion house. For example, in October 2023, Dior collaborated with Fendi on a line of sunglasses. These collaborations allow sunglasses brands to tap into the fashion industry's expertise and creativity, introducing unique and stylish products.

The rise of e-commerce has had a considerable impact on the market, making these products accessible to a global audience. Online retail platforms enable smaller players to compete with established brands. Digital marketing and social media play a pivotal role in reaching and engaging customers, creating opportunities for businesses to showcase their products, and building brand awareness.

Online retailers offer a wider variety of brands and styles than traditional brick-and-mortar stores, and consumers can shop for eyewear online whenever and wherever they want. Online reviews can help consumers feel confident about their purchases, and online retailers often have lower prices than traditional brick-and-mortar stores.

Sunglasses Market Report Highlights:

Based on product, non-polarized sunglasses held a share of 78.3% of the global market in 2023. Non-polarized sunglasses have been gaining traction for several reasons, driven by changing consumer preferences and evolving fashion trends
Based on material, polycarbonate-based sunglassess held a share of 45.3% of the global market in 2023. Polycarbonate is a highly favored material for making sunglaIn terms of distribution channel, sunglasses sales through offline channels held 78.6% share in 2023. Offline channels, encompassing hypermarkets, supermarkets, and specialty stores, are pivotal in offering consumers a diverse range of branded sunglasses. The continued growth and enhancement of the retail sector have become a driving force behind the increased sunglasses sales
Europe held a sizable share of over 31.1% of the global sunglasses industry in 2023. The popularity of sunglasses in Europe can be attributed to its rich fashion culture, where customers often view sunglasses as a style statement and follow trends set by fashion houses and celebrities

Product Code: GVR-2-68038-897-8

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Product Outlook
2.3. Material Outlook
2.4. Distribution Channel Outlook
2.5. Regional Outlook

Chapter 3. Sunglasses Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis - Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Key Observations & Findings

Chapter 5. Sunglasses Market: Product Estimates & Trend Analysis

5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Polarized
- 5.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
5.3. Non-polarized
- 5.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 6. Sunglasses Market: Material Estimates & Trend Analysis

6.1. Material Movement Analysis & Market Share, 2023 & 2030
6.2. CR-39
- 6.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
6.3. Polycarbonate
- 6.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
6.4. Polyurethane
- 6.4.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
6.5. Others
- 6.5.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 7. Sunglasses Market: Distribution Channel Range Estimates & Trend Analysis

7.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
7.2. Offline
- 7.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
7.3. Online
- 7.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 8. Sunglasses Market: Regional Estimates & Trend Analysis

8.1. Regional Movement Analysis & Market Share, 2023 & 2030
8.2. North America
- 8.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.2.2. Market Estimates And Forecast, by product, 2018 - 2030 (USD Million)
- 8.2.3. Market Estimates And Forecast, by material, 2018 - 2030 (USD Million)
- 8.2.4. Market Estimates And Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.2.5. U.S.
  - 8.2.5.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 8.2.5.2. Market Estimates And Forecast, by product, 2018 - 2030 (USD Million)
  - 8.2.5.3. Market Estimates And Forecast, by material, 2018 - 2030 (USD Million)
  - 8.2.5.4. Market Estimates And Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.2.6. Canada
  - 8.2.6.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 8.2.6.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.2.6.3. Market Estimates And Forecast, by material, 2018 - 2030 (USD Million)
  - 8.2.6.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.2.7. Mexico
  - 8.2.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.2.7.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.2.7.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.2.7.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
8.3. Europe
- 8.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.3.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
- 8.3.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
- 8.3.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.5. UK
  - 8.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.3.5.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.3.5.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.3.5.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.6. Germany
  - 8.3.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.3.6.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.3.6.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.3.6.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.7. France
  - 8.3.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.3.7.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.3.7.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.3.7.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.8. Italy
  - 8.3.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.3.8.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.3.8.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.3.8.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.9. Spain
  - 8.3.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.3.9.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.3.9.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.3.9.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.4.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
- 8.4.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
- 8.4.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.4.5. China
  - 8.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.4.5.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.4.5.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.4.5.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.4.6. India
  - 8.4.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.4.6.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.4.6.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.4.6.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.4.7. Japan
  - 8.4.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.4.7.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.4.7.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.4.7.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.4.8. South Korea
  - 8.4.8.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.4.8.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.4.8.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.4.8.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.4.9. Australia
  - 8.4.9.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.4.9.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.4.9.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.4.9.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
8.5. Central & South America
- 8.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.5.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
- 8.5.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
- 8.5.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.5.5. Brazil
  - 8.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.5.5.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.5.5.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.5.5.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
8.6. Middle East & Africa
- 8.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.6.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
- 8.6.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
- 8.6.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)
- 8.6.5. Brazil
  - 8.6.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 8.6.5.2. Market Estimates and Forecast, by product, 2018 - 2030 (USD Million)
  - 8.6.5.3. Market Estimates and Forecast, by material, 2018 - 2030 (USD Million)
  - 8.6.5.4. Market Estimates and Forecast, by distribution channel, 2018 - 2030 (USD Million)

Chapter 9. Competitive Analysis

9.1. Recent developments & impact analysis, by key market participants
9.2. Company Categorization
9.3. Participant's Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Market Share Analysis, 2023 (%)
9.7. Company Heat Map Analysis
9.8. Strategy Mapping
9.9. List of key companies analyzed in this section includes:
- 9.9.1. Luxottica Group
- 9.9.2. Safilo Group S.p.A.
- 9.9.3. Kering Eyewear S.p.A.
- 9.9.4. De Rigo S.p.A.
- 9.9.5. CHARMANT Group
- 9.9.6. Revo
- 9.9.7. Fielmann Group
- 9.9.8. STATE Optical Co.
- 9.9.9. LVMH
- 9.9.10. Marcolin S.p.A.

Product Code: GVR-2-68038-897-8

List of Tables

Table 1 EssilorLuxottica stores in different regions (including franchising and licensing)
Table 2 Sunglasses market - Driving factor market analysis
Table 3 Sunglasses - Restraint factor market analysis
Table 4 Sunglasses market estimates & forecast, by product (USD Million)
Table 5 Sunglasses market estimates & forecast, by distribution channel (USD Million)
Table 6 U.S. macro-economic outlook
Table 7 Canada macro-economic outlook
Table 8 Mexico macro-economic outlook
Table 9 UK macro-economic outlay
Table 10 Germany macro-economic outlay
Table 11 France macro-economic outlay
Table 12 Spain macro-economic outlay
Table 13 Italy macro-economic outlay
Table 14 China macro-economic outlay
Table 15 India macro-economic outlay
Table 16 Japan macro-economic outlay
Table 17 South Korea macro-economic outlay
Table 18 Australia macro-economic outlay
Table 19 Brazil macro-economic outlay
Table 20 UAE macro-economic outlay
Table 21 Recent Developments & Impact Analysis, By Key Market Participants
Table 22 Company Market Share, 2023 (Value % Share)
Table 23 Company Market Share in U.S., 2023 (Value % Share)
Table 24 Company Market Share in Canada 2023 (Value % Share)
Table 25 Company Market Share in UK, 2023 (Value % Share)
Table 26 Company Market Share in Germany, 2023 (Value % Share)
Table 27 Company Market Share in France, 2023 (Value % Share)
Table 28 Company Market Share in Spain, 2023 (Value % Share)
Table 29 Company Market Share in Italy, 2023 (Value % Share)
Table 30 Company Market Share in China, 2023 (Value % Share)
Table 31 Company Market Share in Japan, 2023 (Value % Share)
Table 32 Company Market Share in India, 2023 (Value % Share)
Table 33 Company Heat Map Analysis
Table 34 Companies undergoing product launches
Table 35 Companies undergoing partnerships
Table 36 Companies undergoing mergers & acquisitions

List of Figures

Fig. 1 Sunglasses market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Eyewear market size, 2022 (USD Billion)
Fig. 10 Sunglasses market: Value chain analysis
Fig. 11 Sunglasses market: Value chain analysis
Fig. 12 Vertical Integration Trends in the Eyewear Industry
Fig. 13 Essilor Luxxotica brands portfolio
Fig. 14 LVMH license expiry dates at Safilo
Fig. 15 Strategies adopted by different Safilo brands to grow in the market
Fig. 16 Sunglasses market: Profit-margin analysis
Fig. 17 Sunglasses: Dynamics
Fig. 18 Sunglasses Market: Porter's Five Forces Analysis
Fig. 19 Share of adult population wearing sunglasses, by gender, 2023
Fig. 20 Demographic analysis by age, in U.S., 2023
Fig. 21 Share of adult population wearing prescription and non-prescription sunglasses in the U.S., 2021
Fig. 22 Factors affecting buying decisions for sunglasses
Fig. 23 Adults wearing sunglasses while performing different sports, in U.S., in 2023
Fig. 24 Sunglasses market, by product: Key takeaways
Fig. 25 Sunglasses market, by product: Market share, 2023 & 2030 (USD Million)
Fig. 26 Polarized sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 27 Non-polarized sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 28 Sunglasses market, by material: Key takeaways
Fig. 29 Sunglasses market, by material: Market share, 2023 & 2030 (USD Million)
Fig. 30 CR-39 sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 31 Polycarbonate sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 32 Polyurethane sunglasses market estimates & forecasts, 2018 - 2030 (USD Million))
Fig. 33 Other sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 34 Sunglasses market, by distribution channel: Key takeaways
Fig. 35 Sunglasses market, by distribution channel: Market share, 2023 & 2030 (USD Million)
Fig. 36 Sunglasses market estimates & forecasts, through offline channel, 2018 - 2030 (USD Million)
Fig. 37 Sunglasses market estimates & forecasts, through online channel, 2018 - 2030 (USD Million)
Fig. 38 Sunglasses market revenue, by region, 2023 & 2030 (USD Million)
Fig. 39 Regional marketplace: Key takeaways
Fig. 40 Regional marketplace: Key takeaways
Fig. 41 North America sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 U.S. sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Canada sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Mexico sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 Europe sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 UK sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 47 Germany sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 48 France sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 49 Spain sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 50 Italy sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 51 Asia Pacific sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 52 China sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 53 India sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 54 Japan sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 55 South Korea sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 56 Australia sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 57 Central & South America sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 58 Brazil sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 59 Middle East & Africa sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 60 UAE sunglasses market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 61 Key Company Categorization
Fig. 62 Company Market Share Analysis, 2023
Fig. 63 Company Market Share Analysis in U.S., 2023
Fig. 64 Company Market Share Analysis in Canada, 2023
Fig. 65 Company Market Share Analysis in UK, 2023
Fig. 66 Company Market Share Analysis in Germany, 2023
Fig. 67 Company Market Share Analysis in France., 2023
Fig. 68 Company Market Share Analysis in Spain, 2023
Fig. 69 Company Market Share Analysis in Italy, 2023
Fig. 70 Company Market Share Analysis in China, 2023
Fig. 71 Company Market Share Analysis in Japan, 2023
Fig. 72 Company Market Share Analysis in India, 2023
Fig. 73 Strategic framework
Fig. 74 Brazil sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 75 Middle East & Africa sunglasses market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 76 Sunglasses market: Company market share (%) analysis, 2023

Sunglasses Market Size, Share & Trends Analysis Report By Product (Polarized, Non-polarized), By Material (CR-39, Polycarbonate, Polyurethane), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Sunglasses Market Growth & Trends:

Sunglasses Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Sunglasses Market Variables, Trends & Scope

Chapter 4. Consumer Behavior Analysis

Chapter 5. Sunglasses Market: Product Estimates & Trend Analysis

Chapter 6. Sunglasses Market: Material Estimates & Trend Analysis

Chapter 7. Sunglasses Market: Distribution Channel Range Estimates & Trend Analysis

Chapter 8. Sunglasses Market: Regional Estimates & Trend Analysis

Chapter 9. Competitive Analysis

List of Tables

List of Figures