What is Plano Sunglasses Market?
Plano sunglasses are also called as non-prescription sunglasses that contain no lens powers to correct vision problems. They are used to protect an individual’s eyes from the sun’s harmful UV rays. Plano sunglasses help keep contacts from drying out when outdoors, and shield the eyes from windblown debris. Sunglasses are considered as a fashion accessory, even more importantly, People are choosing sunglasses to make them look more beautiful and stand out.
The market study is being classified by Type (Photochromic Spectacles, Coated Glasses, Crystal Glasses and Others), by Application (Sports, Land Vehicle Driving, Aircraft Piloting and Others) and major geographies with country level break-up.
Ray-Ban (Italy), Luxottica Group SpA (Italy), Maui Jim (United States), Persol (Italy), Prada S.p.A. (Italy), Gucci (Italy), Versace (Italy), Giorgio Armani S.p.A. (Italy), Dolce & Gabbana (Italy) and Burberry Group PLC (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Fendi (Italy), Bulgari (Italy), Oliver Peoples (United States) and Bottega Veneta (Italy).
The Vendors having a strong hold in the market are Ray-Ban, Luxottica Group SpA, Maui Jim, and Persol. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Plano Sunglasses market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Plano Sunglasses market by Type, Application and Region.
On the basis of geography, the market of Plano Sunglasses 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Continuous change in the lifestyle of people and the adoption of modern styles from working professionals across the globe is the major driving factor for the global Plano sunglasses market. The rising popularity of non-prescription sunglasses is due to the fact that over 30 million Americans wear contact lenses.
Market Trend
- Increasing Adoption of Plano Sunglasses from Men and Women like the Sporty Wraparounds, Small Retro-Looking Shapes, and Rectangular and Angular Styles
Restraints
- Strict Rules and Regulation Regarding the Non-Prescription Sunglasses
Opportunities
- Technological Advancement and Development in Plano Sunglasses for Lightweight
Challenges
- Presence of Unorganized Players in Market
Market Leaders and some development strategies
Recently, Maui Jim has announced that it has acquired Zeal Optics, a designer and manufacturer of action-sport polarized goggles and sunglasses in Boulder, Colo.
On 15th February 2019, Manchester United has announced a multi-year partnership with Hawaii-based sunglasses and eyewear brand Maui Jim. Renowned for their superior lens technology and premium collections, Maui Jim will supply the Manchester United first team, academy and women’s teams with glasses from their sun and optical ranges.
Food and Drug Administration (FDA) has jurisdiction over the Federal regulation of medical devices made or sold in the United States. Two such medical devices are non-prescription sunglasses and reading glasses. Both devices are regulated as Class 1 medical devices. The FDA has exempted most Class 1 device from filing a premarket notification application, nor is FDA clearance required before marketing a Class 1 device in the U.S. Manufacturers and initial importers or distributors, however, must register their establishments with the FDA annually.
Key Target Audience
Plano Sunglasses Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other