NEW YORK, Oct. 2, 2023 /PRNewswire/ -- The sports sunglasses market is estimated to grow by USD 1.51 billion from 2022 to 2027, growing at a CAGR of 7.3%. The sports sunglasses market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer sports sunglasses market are Adidas AG, Asg International SRL, Bolle Brands France SAS, COCO LENI, Decathlon Group, EssilorLuxottica, JULBO SA, Liberty Sport Inc., Marcolin Spa, MAUI JIM Inc., Nike Inc., Ocean Eyewear, Pilla Inc., PUMA SE, Rudy Project SpA, Safilo Group Spa, Suncloud Optics, Titan Co. Ltd., Under Armour Inc., and Yiwu Conchen Glasses Co. Ltd. The report provides a full list of key companies, their strategies, and the latest developments. Download a FREE Sample before buying

Company Offering:

• adidas AG - The company offers a wide range of cutting-edge technology, design, and comfortable sports sunglasses such as SP0063.
• Asg International SRL - The company offers sports sunglasses that are designed with cylindrical shield lenses to improve vision and performance
• Bolle Brands France SAS - The company offers sports and snow sunglasses such as a photochromic collection
• For details on companies and their offerings – Buy the report!

By Geography, the market is classified as Europe, APAC, North America, South America, and Middle East and Africa. Europe will have the largest share of the market.

• Europe is estimated to contribute 40% to the growth of the global market during the forecast period. The major players in Europe's sports sunglasses markets are the UK, France, Italy, Spain, Germany, and other Nordic countries. One of the major factors that has boosted market growth in this region is the increasing demand for sports sunglasses from consumers who are involved in a variety of winter sporting activities, including ice hockey and snowboarding. In addition, other factors driving the growth are the increasing demand for sports sunglasses as a multiuse accessory, which can be used in both sport and travel. The offshoot sunglasses series offered by Oakley (Luxottica) and the Turbine series of sports sunglasses offered by Suncloud Optics are some examples of multipurpose sports sunglasses available in the region. Hence, these factors are expected to drive market growth in the region during the forecast period. 

Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Growing popularity of sunglasses among the young and middle-aged population
• Key Trend - Increasing participation in sports and healthy lifestyle trends
• Major Challenges - Rising availability of substitute products, such as conventional sunglasses and luxury eyewear

 Market Segmentation

• By Type, the market is classified into polarized and non-polarized. The market share growth by the polarized segment will be significant during the forecast period. 

Technavio Research experts have provided more insights on the market share of segments - View FREE Sample Report

FAQS

• How do the major trends impact the market?
• How big is the Europe market?
• How do the key drivers and challenges impact the market?

Related Reports:

The swimwear market size is estimated to grow at a CAGR of 8.99% between 2022 and 2027. The market size is forecast to increase by USD 10,570.93 million. This swimwear market report extensively covers market segmentation by type (women's swimwear, men's swimwear, and children's swimwear), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and Middle East and Africa). One of the key factors driving the swimwear market growth is the rise in number of swimming pools.

The sports apparel market size is estimated to grow at a CAGR of 6.82% between 2022 and 2027. The market size is forecast to increase by USD 75.6 billion. This sports apparel market report extensively covers market segmentation by distribution channel (offline and online), end-user (men, women, and children), and geography (North America, Europe, APAC, South America, and Middle East and Africa). One of the key factors driving the market growth is product premiumization due to the introduction of more innovative sports apparel.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Distribution Channel

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact US:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/sports-sunglasses-market-is-to-grow-by-usd-1-51-billion-from-2022-to-2027--presence-of-companies-like-adidas-ag-asg-international-srl-and-bolle-brands-france-sas-and-more-makes-the-market-fragmented--technavio-301944020.html

SOURCE Technavio