Title: U.S. Plano Sunglasses Market from online stores will value over USD 1.6 billion by 2024
1Plano sunglasses Market From Independent Brand
Showrooms to cross over 25 industry share up to
2024
2Global Market Scenario of Plano sunglasses
Industry
- Non-polarized Plano Sunglasses Market accounted
for over 60 industry share in 2016. Factors
such as low production cost, superior optical
properties at competitive prices compared to
other counterparts will drive the product demand. - Online store was valued over USD 4 billion in
2016. Increasing demand for online shopping due
to availability of variety of products, easy
accessibility, better prices, multiple payment
methods will fuel product sales through this
channel. - Plano sunglasses Market size is anticipated to
surpass USD 29 billion by 2024 according to a
new research report by Global Market Insights,
Inc. - Prevailing economic conditions, population growth
along with increasing disposable income will
drive plano sunglasses industry size. Modern
lifestyle with rising brand consciousness will
propel the market growth. Customer loyalty
towards their preferred brands, regardless of
convenience or price will also enhance the
industry volume.
3Continue-
- Increasing demand for UV absorption eyewear for
vision comfort by preventing macular degeneration
will support industry size. According to WHO,
age-related macular degeneration has blindness
prevalence over 8 and ranks third among the
global causes of visual impairment. This will
drive plano sunglasses industry growth. - Shifting consumer interest towards premium
products will encourage the key players to launch
new products. Rising demand for sports
accessories globally will propel the market size.
Celebrity endorsement is anticipated to be the
major factor driving revenue growth. Plano
sunglasses may tend to be more expensive than
ordinary shades, this may hinder product demand. - Toc Of this report https//www.gminsights.com/toc
/detail/plano-sunglasses-market
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5- By Material Analysis-
- Plano sunglasses from CR-39 is anticipated is
surpass USD 215 million by 2024. Its superior
optical quality and high impact resistance
properties will boost product sales. In addition,
rising demand for scratch proof sunglasses
globally will augment the market growth. - Polycarbonate material for plano sunglasses is
expected to witness growth over 2.5 by 2024. It
is light weight and does not require any special
coatings to block UV rays. Rising product demand
from those who work in hazardous job environments
will add to industry growth. - By Product Analysis-
- Polarized sunglasses projected to surpass 174
million units by 2024. Increasing product demand
owing to enhanced vision properties will propel
industry size. It helps in improving clarity of
vision by countering horizontal rays in daylight. - Non-polarized sunglasses accounted for over 60
industry share in 2016. Factors such as low
production cost, superior optical properties at
competitive prices compared to other counterparts
will drive the product demand.
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6Regional Analysis North America plano
sunglasses industry accounted for over 95 million
units in 2016. Increased consumer awareness about
harmful UV radiation driving product sales in the
region. Europe led by Germany and UK will
surpass USD 11 billion upto 2024. The demand for
premium-priced and customized colored shades will
drive market growth. Fast-changing fashion trends
and availability of high-end brands propelled
industry size. The regional e-commerce industry
generated online sales of goods and services
worth USD 592.93 billion in 2016. At present, 296
million online shoppers are in Europe, spending
at an average of USD 1,793 online per year.
APAC dominated by India and China accounted over
20 industry share in 2016. Increasing
penetration of international brands such as
Luxottica, Grand vision, Essilor and OTIS will
fuel the product demand. Strong influence of
western lifestyle and culture will support
regional growth. Competitive Analysis Global
plano sunglasses industry is consolidated in
nature as key participants hold a major industry
share. Luxottica Group, Marcolin Eyewear,
Safilo Group, De Rigo Rem, Kenmark, Modo Eyewear,
FGX International, Silhouette International and
Vogue Eyewear are the major industry players.
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