Daten aus dem Cache geladen. Polarized Technology is fastest growing segment fueling the growth...

Polarized Technology is fastest growing segment fueling the growth of Luxury Sunglasses Market

0
2K

The global Luxury Sunglasses Market is estimated to be valued at US$ 12,813.32 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Luxury sunglasses provide UV protection from the sun and come in various styles, frames and tints. They enhance one's looks in addition to protecting eyes from harmful sun rays.

Market key trends:
Polarized lenses are one of the key trends in the luxury sunglasses market. Polarized lenses filter out horizontal light reflections that are responsible for causing glare on flat surfaces like water, snow, glass, pavements etc. This eliminates eyestrain and enhances vision. By eliminating blinding reflections, polarized lenses provide better definition and depth perception. They enhance contrast and color perception while decreasing discomfort on bright sunny days. Polarized lenses are becoming increasingly popular in luxury sunwear as they provide unobstructed vision in a variety of environments without compromising on style.

Segment Analysis
The global luxury sunglasses market is dominated by the men's sunglasses segment which accounts for over 45% of the market share. Men's sunglasses witness high demand owing to rising fashion consciousness among men and growing acceptance of sunglasses as a style statement. The women's sunglasses segment is also growing considerably and holds the second largest share.

Key Takeaways
The Global Luxury Sunglasses Market Size is expected to witness high growth, exhibiting CAGR of 6.6% over the forecast period, due to increasing brand consciousness and growing fashion & lifestyle industry. Regions like North America and Europe currently dominate the market due to presence of major luxury brands and high disposable incomes. However, Asia Pacific is expected to grow at fastest pace owing to rapidly expanding middle class population in countries like China, India and South Korea.

Regional analysis: The Asia Pacific region is projected to grow at the highest CAGR during the forecast period due to rapidly rising consumer affluence, spending on luxury fashion and mega fashion events attracting international luxury brands. Countries like China, Japan and South Korea are emerging as top luxury consumers driving significant demand.

Key players operating in the luxury sunglasses market are Carl Zeiss AG, EssilorLuxottica SA, Giorgio Armani S.p.A., Guccio Gucci S.p.A, Loch Effects, LVMH Moët Hennessy Louis Vuitton, Marcolin S.p.A., Prada S.p.A, Randolph Engineering, Inc, and Safilo Group SpA. Major brands are focusing on expansion in developing markets through online distribution and exclusive retail stores.

 

Read more: https://journaljourney32.weebly.com/luxury-sunglasses-market 

Cerca
Categorie
Leggi tutto
Altre informazioni
Incense Sticks Manufacturers in India : A Flourishing Field
  Of india contains a abundant societal along with psychic customs, along with incense...
By Robert Wall 2024-12-21 07:29:31 0 24
Altre informazioni
Bus Market Analysis, Growth & Key Players Research Report | Forecast 2024-2032
“Global Bus Market size and share is currently valued at USD 376,602 million in 2023 and is...
By MohitH More 2024-07-16 10:43:45 0 449
Altre informazioni
Understanding Weather Patterns for Better Hunting
Weather patterns have always fascinated me as a hunter, and understanding them has dramatically...
By David Turnelli 2024-10-24 21:23:41 0 227
Home
How to Win at Slots
Taking into account the RNG structure, you can't think about what comes right away. Whether you...
By Socioviews Socioviews 2025-01-07 16:34:02 0 1
Altre informazioni
Aerospace Foam Market Size, Growth Trends, Top Players, Application Potential and Forecast by 2028
Industry Analysis Data Bridge Market Research analyses that the aerospace foam market will...
By Thor Mighty 2023-05-18 15:50:51 0 5K