The global Luxury Sunglasses Market is estimated to display a robust growth in the near future due to rising applications and scope across the globe. Luxury Sunglass is a product that performs the main function of preventing the harmful rays of the sun from entering the eyes. It is said to be available in a wide range of varieties as well as for numerous events. In addition, it is regarded as one of the luxury item as well as something that adds to the users fashion statement.
The most striking aspects that are associated with the sunglass are its robustness and long lasting nature. The product is gaining huge popularity and demand among the customers due to its ability to block the UVA and UVB rays. The manufacturers are taking up various steps to introduce and develop modern products with enhanced quality. Moreover, they are advancing the branding of the products that will eventually pull the customers that are conscious as far as the brand is concerned.
The factors that are boosting the Luxury Sunglasses market growth may entail augmented level of awareness among the users, rise in the curiosity and interests among the masses, mounting disposable income, rise in the standard of living, rise in the need to support healthy vision among the masses, rising inclinations of the users to purchase high end brands, and augmentation in the demands for the product among the customers.
Moreover, factors such as premiumization and enhancements of features in luxury sunglasses sector is also contributing largely in the Luxury Sunglasses industry growth. Luxury Sunglasses Market is segregated by product as Polarized, Non-Polarized, and others. Among all the products, the Non- Polarized segment is lately registering for a significant share in the Luxury Sunglasses market, the reason being its ability to provide enough protection to the eyes from the harmful rays of the sun by obstructing the reflected light.
Luxury Sunglasses Market is segmented by lens material as Polycarbonate, Polyurethane, CR-39/ADC, and others. Luxury Sunglasses Industry is classified by gender as Women, Men, and others. Among all the gender segments, the women segment is holding a considerable share in the market. The factors that can be attributed to the market growth may include rise in the level of expenditure capacity among women and augmentation in the working women among the population.
Luxury Sunglasses Market is divided by demographics as Children, Middle- Aged Adults, Older Adults, Young Adults, and others. The market is categorized by distribution channel as Online Stores, Departmental Stores, Optical Stores, Specialty Stores, and others. Luxury Sunglasses Market is classified by geography as North America, Southeast Asia, China, Europe, Japan, and India.
As far as the geographical region goes, North America is lately accounting for a significant share in the market, the reason being robust urbanization, rise in the frequency of dual-earning households, rising inclinations among the users towards luxury products, rise in the affordability, existence of leading manufacturers, increase in the number of working women in the population.
Conversely, it has been observed that Asia Pacific and Europe are also coming up as one of the promising regions in the Luxury Sunglasses market due to augmenting market growth opportunities in these regions. The prominent players operating in the Luxury Sunglasses Industry are recognized as Alexander McQueen, Luxottica Group, Essilor, LOUIS VUITTON, Safilo Group, REVO, Marchon Eyewear, Marcolin, CHARMANT Group, De Rigo Vision, and Guccio Gucci.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Luxury Sunglasses in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Luxury Sunglasses market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• LOUIS VUITTON
• Safilo Group
• Luxottica Group
• CHARMANT Group
• De Rigo Vision
• Alexander McQueen
• Guccio Gucci
• Marchon Eyewear
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• By Product
• By Material
• Glass Sunglasses
• CR-39 Sunglasses
• Polycarbonate Sunglasses
• Polyurethane Sunglasses
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Luxury Sunglasses for each application, including
• Young Adults
• Mature Adults
Research Support Specialist, USA