Industry Background:
Myopia is a common refractive error that can occur in both adults and children. Wearing glasses for myopia is a solution that can increase visual capacity and allow sharp experience and a clear vision which boosting the demand for myopia sunglasses market. Increasing awareness regarding the harmful effects of UV rays on the eyes, coupled with the growing acceptance of sunglasses is expected to drive the demand for myopia sunglasses over the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Luxottica (Italy), Safilo S.p.A. (Italy), Essilor (France), Kering (France), De Rigo S.p.A. (Italy), Marcolin S.p.A. (Italy), Fielmann AG (Germany), Maui Jim Inc. (United States), Carl Zeiss (Germany) and Gazer eyewear (Greece) |
This growth is primarily driven by Increasing Demand Due To Enhancement in Standard Of Living and Growing Awareness Regarding Side Effects of the Dangers of UV Rays Exposure.
Globally, a noticeable market trend is evident Arrival of More Fashionable, Stylish and Appealing Designs of Frame
Major Vendors, such as Luxottica (Italy), Safilo S.p.A. (Italy), Essilor (France), Kering (France), De Rigo S.p.A. (Italy), Marcolin S.p.A. (Italy), Fielmann AG (Germany), Maui Jim Inc. (United States), Carl Zeiss (Germany) and Gazer eyewear (Greece), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the prescription sunglasses market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings.
Key Developments in the Market:
On April 29, 2019- Safilo Group announces a joint venture agreement in South Korea with Parma International, which will favour the development of new distribution channels in the market together with marketing and digital communication services.
In Mar 03, 2023, EssilorLuxottica, a French multinational company that designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses expand its presence in India
Influencing Trend:
Arrival of More Fashionable, Stylish and Appealing Designs of Frame and Availability of Technologically Advanced Sunglasses
Market Growth Drivers:
Increasing Demand Due To Enhancement in Standard Of Living and Growing Awareness Regarding Side Effects of the Dangers of UV Rays Exposure
Challenges:
Availability of Counterfeit Products at Low Prices
Restraints:
Growing Acceptance of Vision Corrective Alternatives
Opportunities:
Growing Fad of Stylish Products and Increment in Spending On Fashion due High Disposable Income
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Myopia Sunglasses Market
- Analysis about New Entrants in Myopia Sunglasses Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Myopia Sunglasses Study Sheds Light on
The Myopia Sunglasses Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Myopia Sunglasses industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Myopia Sunglasses industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.