According to the research report titled ‘Global Sunglasses Market Size study, by Product Type (Polarized, Non-Polarized) by End User (Men, Women, Unisex) by Distribution Channel (Online, Offline) and Regional Forecasts 2022-2028’ available with MarketStudyReport, global sunglasses market to record healthy CAGR through 2028.

Growing consumer awareness for protection against ultraviolet radiation, advent of various innovative technologies, rising number of strategic initiatives, and increasing popularity of sunglasses as fashion statement are some of the major factors positively influencing the growth of global sunglasses market.

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Sunglasses essentially protect the eyes from harsh sun says and high-energy visible light. They can be utilized as a visual aid on rare occasions as well.

Technological breakthroughs and innovative strategies are some of the key factors stimulating the overall industry outlook. In August 2021 for instance, Safilo debuted a new e-commerce portal for U.S. customers for its popular sunglass brand Carrera.

Likewise, Facebook announced its much-anticipated smart glasses called Ray-Ban Stories in September 2021 which were made in collaboration with EssilorLuxottica.

Despite this positive outlook, easy availability of counterfeit products is likely to act as a major bottleneck for global sunglasses market expansion.

The report provides a deep-dive analysis of the multiple factors such as current and future challenges, growth opportunities, and other drivers that are impacting the growth potential of this marketplace. The estimations mentioned in the report are evaluated using verified research methods, such as primary and secondary sources.

Notably, the worldwide sunglasses marketplace is segmented based on product type, distribution channel, end-user scope, and geographical landscape. The product type of this marketplace is divided into polarized and non-polarized type.

Meanwhile, the distribution channel is bifurcated into online and offline modes. In terms of the end-user segment, the market is segregated into women, men, and unisex segments.

The geographical analysis of global sunglasses industry vertical consists of Europe, North America, Asia Pacific, Latin America, and the rest of the world. Meanwhile, the North America market is predicted to generate a significant revenues during the forecast duration, primarily due to rising disposable income, and growing product cognizance among consumers.

The leading companies operating in the global sunglasses business sphere are Eyevan Inc., EssilorLuxottica, Eyevan Inc., Safilo Group SpA, LVMH Moët Hennessy Louis Vuitton, Fielmann AG, Stylrite Optical Industries, Marcolin SpA., Randolph Engineering, Inc., De Rigo Vision S.p.A., and Loch Effects.