Sunglasses Market Manufacturers Offering Spectacular Styles and Colors to Match Consumer’s Preferences, says Market.us

Akash Pasalkar
Akash Pasalkar

Updated · Jan 27, 2023

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Sunglasses protect the eyes from harmful UV rays by covering them with sunglasses. Most sunglasses are tinted to block the sun’s harmful rays. They can be custom-made to fit the needs of the buyer. Sunglasses are customizable to customer specifications and can be polarised, non-polarized, or polarized. Depending on your eye power, you can use sunglasses as spectacles with convex lenses or concave lenses.

According to the latest report by Market.us,” The Global Sunglasses Market is expected to grow at a CAGR of roughly 6.3% over the next ten years and will reach USD 58.40 Bn in 2032, from USD 31.7 Bn in 2022″

Sunglasses Market Growth 2022-2032

The fast-growing sunglasses market offers exciting growth opportunities for competitors. A recent report by Market.us highlights some key strategies companies can adopt to benefit from the latest industry trends.

The sunglasses market report provides an in-depth market overview, analysis, forecasts, market segments, market size, market players, and geographies. The market’s leading competitors’ revenues, profiles, and market shares are also mentioned. 

Gaurav Yadav, a senior research analyst at Market.us, said,” Sunglasses are preferred by fashion-conscious consumers. This enhances facial aesthetics, brand value, and social media marketing/affluence. The traditional eyewear collection is becoming more linked to ready-to-wear, which allows for expression through color, shape, and embellishments. Global fashion players are expanding their accessory range, including handbags and shoes. Celebrities and fashion leaders tend to be brand-savvy and will choose sunglasses that catch the eye and grab people’s attention.”

Many factors have contributed to the growing demand for sunglasses. These include the rising disposable incomes of consumers who want to replace sports sunglasses with branded, well-designed, and high-quality products. It is the preference to maintain a luxurious lifestyle that speaks to societal status and keeps high-end goods. 

Many consumers will pay more for expensive and branded sunglasses to make a fashion statement. Manufacturers offer sunglasses in many shapes, colors, and hues to suit consumer preferences.

It is no surprise that the demand for protective eyewear has increased with the advent of the digitally connected world we live in. Some eye conditions are genetically determined, but environmental factors cause others. Exposure to computer screens and gadgets can cause strain on the eyes, which can lead to blurred vision.

The global players are looking to expand their product lines and market share due to the increasing demand for sunglasses. A unique line of sunglasses from Japan was introduced in 2021 by a company that covered the entire head. These polarized sunglasses/face protectors were launched by ZGHYBD to create a new fashion trend. These sunglasses are made of polycarbonate and have anti-fog and windproof properties.

Design approaches are evolving. The creation of glasses and other wearable fashion items does not have to be limited to the traditional method. Flat components are made and then faceted together to make the final item. 

The use of 3D printing technology qualifies for the production of these items in single, flexible pieces. This reduces manufacturing time and allows for new design ideas. While sunglasses are a practical item that protects the eyes from the sun, they can also be worn as fashion statements. New design ideas are therefore needed.

The American Optometric Association (AOA) conducted a survey and found that more than 80% of Americans wear sunglasses in the summer. Only one-third of those who wear sunglasses in winter wear them. The demand for sunglasses has increased in this region due to the increasing awareness about the dangers of ultraviolet rays even in winter.

Due to increased awareness of the American consumer about their health, global players are now entering the North American market. Manufacturers are responding to the growing demand for stylish, affordable, and protective sunglasses. This area is still relatively untapped when it comes to eye safety and the damaging effects of light emissions such as sun rays. Manufacturers can use this knowledge to increase their customer base.

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Akash Pasalkar

Akash Pasalkar

My name is Akash Pasalkar, A computer science engineer by qualification and a Digital Marketer by profession.. And I am passionate about SEO and Content Writing.