Plano Sunglasses Market Size, Share, Trends and Forecast 2030, by Types (Polarized sunglasses, Non-polarized sunglasses, Photochromic sunglasses, Gradient sunglasses, Mirror-coated sunglasses, Polycarbonate sunglasses, Glass sunglasses) by Applications (Fashion and Lifestyle, Sports and Adventure, Medical and Healthcare, Military and Law Enforcement)

Report ID :
2259

Publisher ID :
theinsightbridge

Published :
2023-05-31

Pages :
150

Purchase Option
$4500

Plano Sunglasses Market Introduction 

Plano sunglasses are eyewear that features non-prescription lenses designed to protect the eyes from harmful UV rays and glare. Plano sunglasses come in a wide range of styles, colors, and lens types, including polarized, mirrored, and tinted lenses. They are popular among individuals who want to protect their eyes from the sun while engaging in outdoor activities such as sports, driving, and leisure. Plano sunglasses are available from a variety of brands and retailers, ranging from high-end designer brands to affordable options.

Plano Sunglasses Market  Size

However, according to a market research report published by IMARC Group in 2021, the global plano sunglasses market size was valued at approximately USD 15.4 billion in 2020. The report also projected the market to reach USD 21.4 billion by 2026, growing at a CAGR of around 5.6% during the forecast period of 2021-2026. Factors such as increasing awareness about eye health, rising disposable incomes, and changing fashion trends are expected to drive the demand for plano sunglasses in the coming years.

Plano Sunglasses Market  Share

However, according to the same market research report by IMARC Group, the global plano sunglasses market is fragmented, with several players operating in the market. Some of the key players in the market include Luxottica Group S.p.A., Safilo Group S.p.A., EssilorLuxottica SA, Carl Zeiss AG, and Johnson & Johnson Vision Care, Inc. The report also suggests that the market share of each company may vary depending on various factors such as product portfolio, brand recognition, and market presence.

Plano Sunglasses Market  Trends

Here are some current trends in the Plano sunglasses market:

  1. Increasing Awareness of Eye Health: With growing awareness about the harmful effects of UV rays and blue light on eyes, people are becoming more conscious about protecting their eyes. This has led to a rise in the demand for plano sunglasses with advanced UV and blue light protection.
  2. Growing Popularity of Polarized Sunglasses: Polarized sunglasses are becoming increasingly popular due to their ability to reduce glare and enhance visual clarity. They are widely used in outdoor activities such as fishing, boating, and skiing.
  3. Rising Demand for Eco-Friendly and Sustainable Sunglasses: As consumers become more environmentally conscious, there is an increasing demand for eco-friendly and sustainable sunglasses made from recycled materials such as wood, bamboo, and recycled plastic.
  4. Innovative Designs and Customization: Plano sunglasses are no longer just a functional accessory but also a fashion statement. Brands are now offering innovative designs, customization options, and collaborations with celebrities and influencers to attract customers.
  5. Online Sales and Direct-to-Consumer Models: With the increasing popularity of e-commerce and the convenience of online shopping, many brands are now selling plano sunglasses online through their websites or online marketplaces. Additionally, some companies are adopting direct-to-consumer models to bypass traditional distribution channels and offer lower prices to customers.

Plano Sunglasses Market Driving factors

Here are some driving factors for the Plano sunglasses market:

  1. Increasing Awareness of Eye Health: As mentioned earlier, there is growing awareness about the harmful effects of UV rays and blue light on eyes, which is driving the demand for plano sunglasses with advanced UV and blue light protection.
  2. Rising Disposable Incomes: As disposable incomes rise, consumers are more willing to spend on high-quality and fashionable plano sunglasses.
  3. Changing Fashion Trends: Plano sunglasses have become an important fashion accessory, with new designs and styles being introduced regularly. The desire to keep up with changing fashion trends is driving the demand for plano sunglasses.
  4. Outdoor Activities: With an increase in outdoor activities such as sports, hiking, and traveling, people are more likely to invest in plano sunglasses to protect their eyes and enhance visual clarity.
  5. Technological Advancements: The development of new technologies such as polarized lenses, anti-reflective coatings, and photochromic lenses has made plano sunglasses more functional and versatile, driving their demand.

Plano Sunglasses Market  Reginal Analysis

However, according to a market research report by IMARC Group, the global plano sunglasses market can be analyzed based on the following regions:

  1. North America: The North American market is expected to witness significant growth due to factors such as increasing awareness of eye health and rising disposable incomes.
  2. Europe: The European market is expected to grow steadily due to the presence of key players and the popularity of luxury brands.
  3. Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth rate due to factors such as a large population, rising disposable incomes, and changing fashion trends.
  4. Middle East and Africa: The Middle East and Africa region are expected to witness moderate growth due to the growing popularity of outdoor activities and increasing awareness about eye health.
  5. Latin America: The Latin American market is expected to grow at a steady pace due to the presence of key players and the popularity of fashion brands.

However, it's important to note that the market dynamics and growth potential of each region can vary based on various factors such as economic conditions, consumer behavior, and government regulations.

Plano Sunglasses Market  Forecasts 2030

However, a market research report by Persistence Market Research published in 2021 projected the global plano sunglasses market to grow at a CAGR of 5.5% during the forecast period of 2021-2030. The report also estimated the market size to reach around USD 25 billion by 2030.The growth in the market can be attributed to various factors such as increasing awareness about eye health, rising disposable incomes, changing fashion trends, and technological advancements. Additionally, the report suggests that the market growth will be driven by the increasing popularity of polarized sunglasses, rising demand for eco-friendly and sustainable sunglasses, and the growth of online sales and direct-to-consumer models.However, it's important to note that market forecasts are subject to change based on various factors such as economic conditions, geopolitical events, and technological advancements.

Plano Sunglasses Market Key Industry Players

Here are some of the key industry players in the global plano sunglasses market:

  1. Luxottica Group S.p.A.
  2. Safilo Group S.p.A.
  3. EssilorLuxottica SA
  4. Carl Zeiss AG
  5. Johnson & Johnson Vision Care, Inc.
  6. Oakley, Inc.
  7. Maui Jim, Inc.
  8. Ray-Ban (Luxottica)
  9. Marchon Eyewear, Inc.
  10. De Rigo Vision S.p.A.

These companies are involved in manufacturing and distributing plano sunglasses globally. They have a significant market presence, with a wide range of product offerings and strong distribution networks. These companies also invest heavily in R&D to innovate and develop new products that cater to changing customer preferences and the growing demand for advanced UV and blue light protection. Additionally, they also engage in strategic partnerships and collaborations to expand their market reach and strengthen their position in the market

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