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How has the sunglasses market size evolved in recent years?

The market for sunglasses has seen significant expansion in the past few years. It is expected to rise from a value of $18.11 billion in 2024 to $19.08 billion in 2025, marking a compound annual growth rate (CAGR) of 5.3%. The historical growth in the market can be linked to factors such as evolving fashion trends, heightened awareness about UV radiation, celebrity influence, trends in travel and tourism, and a rise in outdoor activities.

What are the predictions for the sunglasses market size in the coming years?

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What key factors are fueling the growth of the sunglasses market?

Growth in the sunglasses market is projected to be driven by an increase in outdoor leisure activities. These activities, enjoyed in natural surroundings and providing physical exercise and pleasure, include pursuits such as hiking, camping, fishing, and cycling. More free time and work from home opportunities, health and social benefits, and environmental consciousness have all contributed to the rise in these outdoor activities. Sunglasses that are specialized for protection in bright conditions are in high demand among sports enthusiasts. For example, the Outdoor Industry Association, a US trade organization for the outdoor recreation sector, reported in June 2023 that the participants in birdwatching outdoor recreations increased by 6.8% in 2022 compared to 2021. Consequently, this increasing trend in outdoor activities is projected to stimulate the growth of the sunglasses market.

How is the global sunglasses market divided into key segments?

The sunglasses market covered in this report is segmented –

1) By Type: Non-Polarized, Polarized

2) By Design: Aviator Or Pilot, Rectangle, Round, Square, Oval, Cat Eye, Other Designs

3) By Frame Metal: Injected, Metal, Acetate, Other Frame Metals

4) By Distribution Channel: Specialty Stores, Super markets And Hyper markets, Online, Other Distribution Channels

Subsegments:

1) By Non-Polarized: Fashion Sunglasses, UV Protection Sunglasses, Prescription Sunglasses

2) By Polarized: Sport Sunglasses, Outdoor Activity Sunglasses, Fashion Polarized Sunglasses

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Who are the key firms paving the way for growth in the sunglasses market?

Major companies operating in the sunglasses market include LVMH Moët Hennessy Louis Vuitton, EssilorLuxottica SA, Kering SA, Luxottica Group S.p.A., Persol Holdings Co Ltd., VSP Global Inc., Fielmann AG, Safilo Group S.p.A., Marcolin S.p.A., De Rigo Vision S.p.A., Oakley Inc., Maui Jim Inc., Julbo SA, Eyeking LLC, Alain Mikli International, Eyevan Inc., Bolon AB, Costa Del Mar Sunglasses Inc., Randolph Engineering Inc., Michael Kors Holdings Limited, Polo Ralph Lauren Corp, Prada SpA, Ralph Lauren Corp, Tiffany & Co, Gianni Versace S.r.l., Ray-Ban Sun Optics Pvt Ltd

Which trends are expected to transform the sunglasses market?

Significant enterprises in the sunglasses industry include LVMH Moët Hennessy Louis Vuitton, EssilorLuxottica SA, Kering SA, Luxottica Group S.p.A., Persol Holdings Co Ltd., VSP Global Inc., Fielmann AG, Safilo Group S.p.A., Marcolin S.p.A., De Rigo Vision S.p.A., Oakley Inc., Maui Jim Inc., Julbo SA, Eyeking LLC, Alain Mikli International, Eyevan Inc., Bolon AB, Costa Del Mar Sunglasses Inc., Randolph Engineering Inc., Michael Kors Holdings Limited, Polo Ralph Lauren Corp, Prada SpA, Ralph Lauren Corp, Tiffany & Co, Gianni Versace S.r.l., and Ray-Ban Sun Optics Pvt Ltd.

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What regions are contributing significantly to the growth of the sunglasses market?

North America was the largest region in the sunglasses market in 2024 and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the sunglasses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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