2020 Insights on the Worldwide Sports Sunglasses Market to 2025 - North America Dominates the Global Market - ResearchAndMarkets.com

DUBLIN--()--The "Global Sports Sunglasses Market - Growth, Trends and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The global sports sunglasses market is projected to grow at a CAGR of 3.5% during the forecast period.

Key factors driving the market studied, such as a rise in consumers' disposable incomes, owing to which they seek branded, well-designed, and quality products, consumers preference toward replacing sports sunglasses, along with the increase in preference toward maintaining a luxury living that also speaks about societal status by retaining high-end commodities. Such factors are anticipated to shape the market studied in the near future.

Over the past few years, sports products have been witnessing a growing adaptation rate based on factors, such as awareness about physical fitness, experiences of adventure, and development of skills and abilities.

Key Market Trends

Increasing Participation In Sports And Healthy Lifestyle Trends

There is a rise in the number of people entering the global workforce, and a significant share among them is more likely to embrace sports and fitness as a part of recreational activities, which is again, aligned with the altering lifestyle preferences. Endurance sports have also paved a strong ground for enthusiasts to grab the varieties in sports accessories, thereby, positively driving the sports sunglasses sales worldwide. The rate of participation in outdoor activities, such as the United Kingdom's first open water 10K event, Heliskiing across Canada, Tour de France, and Ironman 70.3 Pays d'Aix, have scaled over the past few years. Along with it, brands, such as Persol, Mr. Leight, Prada Linea Rossa, and Cartier, are facilitating consumers with latest designs in the sports sunglasses market, specifically targeting the skiing and winter sports enthusiasts.

North America Dominates the Global Market

Sports enthusiasts and professionals for golf, running, cycling, tennis, water sports, snow sports, cricket, etc., need sunglasses that protect their eyes. Hence, the demand for sports sunglasses is high in the North American region. EssilorLuxottica is a major player of the US sports sunglasses market, with brands, like Oakley that provides a wide range of products with superior quality. Sportspersons prefer wearing sunglasses, as it controls sunlight. The demand for safety is enhancing the demand for sports sunglasses. The companies manufacturing sports sunglasses in the United States are increasing their brand visibility, by hiring popular sportspersons to endorse their brands.

Competitive Landscape

Global sports sunglasses market is a highly fragmented market and comprises of regional and international competitors. The market is dominated by players EssilorLuxottica, Nike Inc., Bugaboss Eyewear Corporation, Liberty Sport Inc., Safilo Group SpA, and Under Armour Inc. The leading players in the sports sunglasses market enjoy a dominant presence worldwide. These players focus to leverage opportunities posed by emerging markets to expand their product portfolio, thus they can cater to the requirements for various sports, especially for aerial and snowboarding sports. Companies compete on different factors, including product offerings, material, design, price, functionality, and marketing activities, in order to gain the competitive advantage in the market.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 By Category

5.1.1 Polarized

5.1.2 Non-polarized

5.2 By Distribution Channel

5.2.1 Offline Retail Channel

5.2.2 Online Retail Channel

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia Pacific

5.3.4 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Most Active Companies

6.2 Most Adopted Strategies

6.3 Market Share Analysis

6.4 Company Profiles

6.4.1 Nike Inc.

6.4.2 Adidas Group

6.4.3 Decathlon Group

6.4.4 Under Armour Inc.

6.4.5 Safilo Group SpA

6.4.6 EssilorLuxottica Group

6.4.7 Columbia Sportswear Company

6.4.8 Rudy Project SpA

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/6mnavc

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900