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Sports Sunglasses Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Sports

The “Sports Sunglasses Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Sports Sunglasses Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Sports Sunglasses market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Sports Sunglasses Market Are:

  • Nike Inc.
  • Adidas Group
  • Decathlon Group
  • Under Armour
  • Safilo Group SpA
  • EssilorLuxoticca
  • Columbia Sportswear Company
  • Rawlings Sportings Good Inc.
  • Rudy Project SpA
  • Liberty Sport Inc.
  • Julbo SA
  • Bugaboos Eyewear Corporation

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    Market Overview:

  • The global sports sunglasses market was valued at USD 1,460.90 million in 2018 and is expected to reach USD 1,788.14 million by 2024, at an estimated CAGR of 3.53%, during the forecast period, 2019-2024. There are certain key factors driving the market studied, such as a rise in consumers’ disposable incomes, owing to which they seek branded, well-designed, and quality products, consumers preference toward replacing sports sunglasses, along with the increase in preference toward maintaining a luxury living that also speaks about “societal status” by retaining high-end commodities. Such factors are anticipated to shape the market studied in the near future.Over the past few years, sports products have been witnessing a growing adaptation rate based on factors, such as awareness about physical fitness, experiences of adventure, and development of skills and abilities. The onset of engagement in sports activities, such as running, cycling, mountain biking, hiking, skiing, and backpacking, has led to a surge in demand for recreational clothing and equipment, thereby, facilitating the growth of the market studied.

    Scope of the Report:

  • The global Sport Sunglasses Market is done by estimating individual active and inactive participation in sport and the value of economic activity in the sports market from both a supply and demand perspective. These are framed, tinted lenses that reduce direct eye exposure to sunlight.

    Sports Sunglasses Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Sports Sunglasses market?
    • What are the key market trends impacting the growth of the global Sports Sunglasses market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Sports Sunglasses market?
    • What are the market opportunities and threats faced by the vendors in the global Sports Sunglasses market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Sports Sunglasses market?

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    Key Market Trends:

    Growing Popularity Of Outdoor Sports Activities

    There is a rise in the number of people entering the global workforce, and a significant share among them is more likely to embrace sports and fitness as a part of recreational activities, which is again, aligned with the altering lifestyle preferences. Endurance sports have also paved a strong ground for enthusiasts to grab the varieties in sports accessories, thereby, positively driving the sports sunglasses sales worldwide. The rate of participation in outdoor activities, such as the United Kingdom’s first open water 10K event, Heliskiing across Canada, Tour de France, and Ironman 70.3 Pays d’Aix, have scaled over the past few years. Along with it, brands, such as Persol, Mr. Leight, Prada Linea Rossa, and Cartier, are facilitating consumers with latest designs in the sports sunglasses market, specifically targeting the skiing and winter sports enthusiasts. The affluent societies across developed countries are anticipated to have high average incomes, making them capable enough to pursue recreational and outdoor activities. This is also linked with convenience culture, where the rise of “empowered consumers” are seeking out for more choices within activities, along with changing work patterns that facilitate them to use the desired time in a flexible manner.

    North America Dominate the Global Market

    Sports enthusiasts and professionals in the United States who play sports, like golf, running, cycling, tennis, water sports, snow sports, cricket, etc., need sunglasses that protect their eyes and look good on them. Hence, the demand for sports sunglasses is high in the United States. EssilorLuxottica is a major player of the US sports sunglasses market, with brands, like Oakley that provides a wide range of products with superior quality. Sportspersons prefer wearing sunglasses, as it controls light, which automatically enhances the performance of the player. Eye injuries are the leading cause of blindness in children, in the United States, and 90% of sports-related eye injuries can be avoided with the use of protective eyewear. The demand for safety is enhancing the demand for sports sunglasses. The companies manufacturing sports sunglasses in the United States are increasing their brand visibility, by hiring popular sportspersons to endorse their brands. Golf players, such as Bubba Watson, Rafa Cabrera Bello, Hideki Matsuyama, and Derek Ernst, endorse the Oakley brand of Luxxotica.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Sports Sunglasses Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Sports Sunglasses .

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    Report Objectives:

    • Analyzing the size of the Sports Sunglasses market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Sports Sunglasses market.
    • Determining the key dynamics of the Sports Sunglasses market.
    • Highlighting significant trends of the Sports Sunglasses market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Sports Sunglasses market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Sports Sunglasses market.

    Detailed TOC of Sports Sunglasses Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter Five Forces Framework
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Polarized
    5.1.2 Non-polarized
    5.2 Category
    5.2.1 Men Sports Sunglasses
    5.2.2 Women Sports Sunglasses
    5.2.3 Unisex Sports Sunglasses
    5.3 Distribution Channel
    5.3.1 Offline Retail Channel
    5.3.2 Online Retail Channel
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.1.4 Rest of North America
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Russia
    5.4.2.5 Italy
    5.4.2.6 Spain
    5.4.2.7 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 India
    5.4.3.3 Rest of Asia-Pacific
    5.4.4 Rest of the World
    5.4.4.1 Brazil
    5.4.4.2 South Africa
    5.4.4.3 Other Countries

    6 COMPETITIVE LANDSCAPE
    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Nike Inc.
    6.3.2 Adidas Group
    6.3.3 Decathlon Group
    6.3.4 Under Armour
    6.3.5 Safilo Group SpA
    6.3.6 EssilorLuxoticca
    6.3.7 Columbia Sportswear Company
    6.3.8 Rawlings Sportings Good Inc.
    6.3.9 Rudy Project SpA
    6.3.10 Liberty Sport Inc.
    6.3.11 Julbo SA
    6.3.12 Bugaboos Eyewear Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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