San Francisco, 27 February 2019: The Report Plano Sunglasses (Polarized, Non-Polarized ) Market Analysis By Material (CR-39,
Polycarbonate, Polyurethane ) And Segment Forecasts To 2020
The global plano sunglasses market is expected to reach USD 19,944.3 million by 2020,
according to a new research report by Grand View Research, Inc. High-end
products which are sold at premium prices are expected to contribute to
industry growth. Grand View Research also observes that growing awareness
regarding the importance of protecting the eyes from harmful UV radiation is
expected to be a key driving force for the market.
Polarized sunglasses accounted for just
over 20% of the overall shipments in 2012; the segment is expected to gain market
share over the forecast period. In terms of lens material, CR-39 is expected to
continue leading the market over the next few years. Polycarbonate is also
expected to witness growing demand, and the market for sunglasses with these
lenses is expected to grow at a CAGR of 8.2% from 2013 to 2020. Usage of Rx
sunglasses and sunglass clips by a large percentage of the population to serve
the purpose of vision correction is expected to be a restraint for the market
on a global scale.
Access Research Report of Plano
Sunglasses Market @ www.grandviewresearch.com/industry-analysis/plano-sunglasses-industry
Further key findings from the study suggest:
· The global market for plano sunglasses was
estimated to be USD 10,828.0 million in 2012, and is expected to grow at a CAGR
of 8.0% from 2013 to 2020
· In terms of volume, plano sunglasses
shipments are expected to reach 394.8 million units by 2020
· North America is expected to dominate
consumption through the forecast period. The market in Europe is expected to
generate the highest revenue despite lower shipments on account of high selling
prices of plano sunglasses in the region. It is expected to be valued at USD
7,051.5 million in 2020.
· Asia Pacific is expected to be the fastest
growing regional market in the coming years, which can be attributed to the
increasing user base and dense population. Growth in purchasing power and
disposable income are expected to help the market grow at a CAGR of 10.1% in
terms of revenue from 2013 to 2020.
· The global market is consolidated in
nature, and key participants Luxottica Group S.p.A. and Safilo Group S.p.A.
have been entering into merger and acquisition activities to gain market share
and expand their brand portfolio. Establishment of an efficient distribution
network is of the utmost importance in order to ensure strategic advantage and
remain competitive. Other companies operating in the market include Marchon
Eyewear, Marcolin Eyewear, De Rigo S.p.A., Charmant Group, etc.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global plano sunglasses market on the basis of lens type, lens material and
region:
Plano Sunglasses Lens Outlook
·
Polarized
·
Non-Polarized
Plano Sunglasses Lens Material Outlook
·
CR-39
·
Polycarbonate
·
Polyurethane
·
Others (Glass, Nylon, etc.)
Plano Sunglasses Regional Outlook
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of
Plano Sunglasses Market@ www.grandviewresearch.com/press-release/global-plano-sunglasses-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company, registered
in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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