About Sports Glasses
The growing interest in sports, as well as increasing Disposable income, will help to Fuel global sports glass market. Sports glass also called as sports eyewear. It is a device containing plastic or glass lenses worn by athletes. Sports-related equipment has expanded significant popularity. The important feature is to protect the eyes from injury. Sport glass is protected eyes from insects, sunrays, dirt, and wind. Innovation in sports glass includes dark lens which are suitable for intense light and orange colored lenses suitable for diffused light, and for use during dawn, overcast skies, and at dusk. Clear lenses do not absorb any light and they offer a comprehensive shield against UV radiation, dust, wind, and insects.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Sports Glasses market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Luxottica Group SpA (Italy), Charmant USA Inc. (United States), Lindberg (Denmark), TAG Heuer S.A. (Switzerland), Dolce & Gabbana Luxembourg S.à.r.l. (Luxembourg), Prada Retail UK (United Kingdom), Seiko Group (Japan), Zenni Optical Inc. (United States), Nike Inc. (United States) and Safilo S.p.A. (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kering (France), Liberty Sport (United States) and Adidas (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Sports Glasses market by Type (Plastic, Metal and Others) and Region.
On the basis of geography, the market of Sports Glasses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Function, the sub-segment i.e. Sports Goggles will boost the Sports Glasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Sports Glasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gender, the sub-segment i.e. Male will boost the Sports Glasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Sports will boost the Sports Glasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption of Sports Specific Glasses and Growing Popularity of Adjustable Inclination Glasses
Market Growth Drivers:
Rising Popularity of Sports and Increasing Government Investment in Sports
Challenges:
Availability of Substitutes Such As Invention of Contact Lenses
Restraints:
Lack Of Firmness and Can Easily Fall Off and Get Damaged
Opportunities:
Technological Innovation in Glasses Such As Changeable Lens Glasses and New Product Launch
Market Leaders and their expansionary development strategies
In March 2022, Kering Eyewear acquires the iconic U.S. eyewear brand Maui Jim. The acquisition present that the accelrated the growth of product portfolio.
In June 2021, Cimalp French brand of mountain, hiking and trail running clothing launched New Sports Glasses For Trail Running, Hiking, Trekking And High Mountain Sports. Spectre is a sleekly shaped pair of glasses, suitable for mountain biking or training, available in a variety of frame and lens colours. Finally, the GO2 is a lifestyle model, available with different lens colours, including polarized versions, and vibrant coloured frames, including a 'Wood' version.
Key Target Audience
Sports Glass Manufactures, Suppliers and Distributors, Government and Private Research Organization, Government Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.