Global Safety Sunglasses Market Overview:
Ultraviolet light (UV light) has the ability to damage a person's eyes which can also lead to cancer. In order to protect eyes from the sun, dust and other particles in the air sunglasses are used. Safety sunglasses protect against both horizontal and vertical UV rays. With the use of sunglasses, eyes are improved and have a more comfortable vision from not having to squint. The demand for sunglasses is expected to rise in the forecasted period owing to rising awareness about the sunglasses benefits and increasing concern related to protecting eyes.
Growth Drivers
- Increasing Incidences of Vision Problems across the Globe
- Rising Geriatric Population Worldwide
- Rising Disposable Income in Emerging Countries
Roadblocks
- Growing Acceptance of Vision Corrective Alternatives
Opportunities
- Technological Enhancement Have to Create the Exposure of the Younger Generation
- Increasing Demand for Ultra-Light Weight Prescription Sunglasses
- Advancement in E-Retailing and Online Advertising
Challenges
- The Wide Variation in the Raw Materials Is Anticipated To Challenge the Market
- Rising Dominance of Local Players’ Product
Competitive Landscape:
Some of the key players profiled in the report are Safilo Group (Italy), Charmant Group (United States), Luxottic Group SpA (Italy), Marchon (United States), Fielmann (Germany), De Rigo Vision S.p.A. (Italy), CooperVision (United States) and Bausch + Lomb Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Sunwise (United Kingdom), Maui Jim (United States) and Bloc (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Safety Sunglasses market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Safety Sunglasses market. Considering Market by Material Type, the sub-segment i.e. Metal will boost the Safety Sunglasses market. Considering Market by End User, the sub-segment i.e. Men will boost the Safety Sunglasses market.
Latest Market Insights:
October 2018, Luxottica Group S.p.A and Essilor International SA merged to form EssilorLuxottica with an aim to serve the customers with a broader distribution channel and boost market development.
According to the World Health Organization (WHO), globally over 2.2 billion people have vision impairment.
What Can be Explored with the Safety Sunglasses Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Safety Sunglasses Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Safety Sunglasses
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Safety Sunglasses market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Safety Sunglasses market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Safety Sunglasses Manufacturers, Safety Sunglasses Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.