Sunglasses are eyewear glasses which protect the eyes from the sun and its harmful radiation. They are mostly tinted in order to provide protection from the rays coming from the sun. The sunglasses are either non-polarized or polarized, and are customizable as per the buyer’s requirement. Sunglasses are polarized or non-polarized, and can be customized according to the needs of the customers. Sunglasses can also work as the spectacles by using either convex or concave lenses, according to the eye power of the person.
The global sunglasses market is segmented based on lens coatings, lens materials, region, and distribution channel. As per the lens material, the global sunglasses market is segmented into glass, plastic (ADC/CR-39), and polycarbonate. Based on lens coating, the market is classified into polarized and non-polarized. In 2015, the non-polarized segment dominated the overall market. However, the segmented is likely to witness a decline in upcoming years due to rise in popularity of polarized glasses. In fact, polarized sunglasses are foreseen to experience more significant and rapid growth within the forecast period from 2018 to 2026. This is due to its higher visibility and comfort properties. They are also helpful for the people who are sensitive to light, as it reduces the strain on the eyes, helping to see colors more clearly.
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Sunglasses are used majorly for cosmetic purposes, coupled with enhancing the person’s appearance. This is credited to convenient facilities a buyer gets while buying the product. Online retail segmented is likely to see the quick development during forecast period due to affordable prices and plenty of choices that it gives to the customers. Likewise, the choice of trial before purchasing that is offered by online retailers is another significant reason that is driving the online retail section in the global sunglass market.
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Some of the key players in the global sunglass market are Essilor, De Rigo Vision, Luxottica, Safilo, LVMH Moët Hennessy Louis Vuitton SE, Maui Jim, Michael Kors, Alexander McQueen, Lanvin, Fielmann, Marchon Eyewear, Revo, Pivothead, Marcolin Eyewear, Charmant, and Specsavers Optical, among others.