The global polarized sunglasses market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028). Though all the sunglasses are meant to protect against UV rays and to minimize glare, the polarized lenses are usually made with a special process to filter out this type of intense glare. The market growth is majorly attributable to the growing use of these glasses in activities where there is high exposure to sun rays. For instance, during fishing, driving, and other high sun sensitive activities, the filter used in polarized sunglasses aims at reduction of the glare reflection. It is owing to the glare distorts the original color of the objects and makes it hard to distinguish and identify them. Thus, polarized sunglasses being a modified or the upgraded or version of regular sunglasses, create vertical opening for the light.
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Another key trend that drives the market growth includes the introduction of various new frame styles and lens colors by the major players of the market in order to attract a huge customer base. Further, an added advantage of the polarized sunglasses includes the reduction of strain on the eyes and thereby the protection of the eyes from damage. As per the article, ‘Blindness and vision impairment’ published by the World Health Organization in October 2019, about 2.2 billion people have a vision impairment or blindness across the globe, of which about 1 billion have a vision impairment which could have been prevented if proper eye care had been taken. Thus, the preventive care also contributes substantially to the overall market growth.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Gender
- By Application
- By Sunglass Shape
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Luxottica Group, Oakley, Inc., and Maui Jim, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Polarized Sunglasses Market Report by Segment
By Gender
- Men
- Women
- Unisex
By Application
- Outdoor Sporting and Travelling
- Vehicle Driving
- Fishing and Boating
- Others
By Sunglass Shape
- Rectangular
- Round/Oval
- Square
- Others
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