Luxury Sunglasses or sun glasses are a form of protective eyewear designed primarily to prevent bright sunlight and high-energy visible light, especially harmful ultraviolet (UV) rays, from damaging or discomforting the eyes. This report studies the Luxury Sunglasses market. We define Luxury Sunglasses as high-end brands on the market (with products retail prices above 150 $/Unit).
The market is characterized by the presence of few vendors and is concentrated. The market is competitive and the vendors in the market are competing on the basis of price, quality, brand, and variety. To increase their market shares and improve their market positions, the players in this marketspace are concentrating on introducing innovative products. Of the major players of Luxury Sunglasses, Luxottica Group maintained its first place in the ranking in 2017. Luxottica Group accounted for 51.52 % of the Global Luxury Sunglasses production value market share in 2017. Other players accounted for 5.25 % and 3.56 % including Safilo Group and Kering.
In terms of geography the market for Luxury Sunglasses consumption divided into six geographic regions: In North America, total Luxury Sunglasses accounted for 47.46 % market shares of the luxury glasses market. In the Europe, total Luxury Sunglasses accounted for 24.87 %. The market in China Luxury Sunglasses accounted for 9.71 %, in Latin America 6.36%, in Asia Other Regions 9.08%, and in Middle East and Africa region 2.53%.
According to this study, over the next five years the Luxury Sunglasses market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 19800 million by 2024, from US$ 15600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luxury Sunglasses business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Sunglasses market by product type, application, key manufacturers and key regions and countries.
This study considers the Luxury Sunglasses value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
CR-39 Luxury Sunglasses
Polycarbonate Luxury Sunglasses
Polyurethane Luxury Sunglasses
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Men
Women
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Luxottica Group
Safilo Group
Kering
De Rigo Vision
Marchon Eyewear
Marcolin
LVMH
Charmant Group
Essilor
REVO
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Luxury Sunglasses consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Luxury Sunglasses market by identifying its various subsegments.
Focuses on the key global Luxury Sunglasses manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Luxury Sunglasses with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Luxury Sunglasses submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
