Jan 23, 2020 (Reporthive Research via COMTEX) -- Chicago, United States, -- "According to this study, over the next five years the Luxury Sunglasses market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 19800 million by 2025, from US$ 15600 million in 2020."
Luxury Sunglasses Market report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2025. This report highlights exhaustive study of major market along with present and forecast market scenario with useful business decisions.
In terms of geography the market for Luxury Sunglasses consumption divided into six geographic regions: In North America, total Luxury Sunglasses accounted for 47.46 % market shares of the luxury glasses market. In the Europe, total Luxury Sunglasses accounted for 24.87 %. The market in China Luxury Sunglasses accounted for 9.71 %, in Latin America 6.36%, in Asia Other Regions 9.08%, and in Middle East and Africa region 2.53%.
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The market is characterized by the presence of few vendors and is concentrated. The market is competitive and the vendors in the market are competing on the basis of price, quality, brand, and variety. To increase their market shares and improve their market positions, the players in this marketspace are concentrating on introducing innovative products. Of the major players of Luxury Sunglasses, Luxottica Group maintained its first place in the ranking in 2017. Luxottica Group accounted for 51.52 % of the Global Luxury Sunglasses production value market share in 2017. Other players accounted for 5.25 % and 3.56 % including Safilo Group and Kering.
Key Players including:
De Rigo Vision
LVMH and more.....
Luxury Sunglasses or sun glasses are a form of protective eyewear designed primarily to prevent bright sunlight and high-energy visible light, especially harmful ultraviolet (UV) rays, from damaging or discomforting the eyes. This report studies the Luxury Sunglasses market. We define Luxury Sunglasses as high-end brands on the market (with products retail prices above 150 $/Unit).
This 138 pages of report focuses on the Luxury Sunglasses Marketin global market, especially in Americas United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa Egypt, South Africa and more.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Sunglasses market by product type, application, key manufacturers and key regions and countries.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Segmentation by product type:
CR-39 Luxury Sunglasses
Polycarbonate Luxury Sunglasses
Polyurethane Luxury Sunglasses
Segmentation by application:
Table of Contents
1 Scope of the Report