Research Nester has released its report titled “Unbreakable Sports Sunglasses Market: Global Demand Analysis & Opportunity Outlook 2020-2028” that delivers detailed overview of the global unbreakable sports sunglasses market in terms of market segmentation by lenses, application, gender, distribution channel and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global unbreakable sports sunglasses market comprises of four segments which are segmented by lenses, application, gender and distribution channel. The market is predicted to register a significant CAGR over the forecast period (2020-2028). The men population falling under the gender segment is predicted to occupy the highest market share, owing to larger proportion of male population participating in outdoor and sports related activities and higher chances of exposure to ultraviolet radiations faced by men across various regions that can cause diseases such as skin cancer and other related illnesses. These factors are predicted to raise the demand for these unbreakable sports sunglasses among the global population over the forecast period.
The growth of the market is driven by various factors such as high awareness prevailing among the growing population residing across several regions of the world about the importance of wearing sunglasses for protecting their eyes from any injury or damage. Further, the unbreakable nature of these sports sunglasses that would not get damaged or injured easily while in use is predicted to drive the demand for these sports sunglasses over the forecast period. Additionally, the growing attraction of these sports sunglasses as a fashionable accessory among the global young population is predicted to boost the demand for such sports sunglasses across various regions of the world. Further, occurrence of various problems associated with eyes of individuals who increasingly participate in outdoor and sports activities, due to ultraviolet radiations exposure and other physical injuries is anticipated to boost the demand for these unbreakable sports sunglasses among the global population over the forecast period.
The global unbreakable sports sunglasses market is segmented into five major regions comprising of North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The market in North America is anticipated to occupy the leading market share, owing to various factors such as increased awareness and huge demand from individuals engaged in sports and outdoor activities to protect their eyes from any form of injury as well as from the harmful ultraviolet radiations of the sun that may cause various kinds of cataract among individuals. These factors are anticipated to drive the demand for unbreakable sports sunglasses among the population in the region over the forecast period.
However, the growth of the global unbreakable sports sunglasses market suffers from some drawbacks such as the high price of these sports sunglasses which is affordable to only certain segments of population with disposable incomes. Further, the higher possibility of duplication and counterfeit consumer items entering the markets across various regions worldwide and low levels of awareness prevailing across various regions of the world may operate as major restraints to the growth of the market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global unbreakable sports sunglasses market which includes company profiling of key companies such as STNGR, USA, REKS Optics, Gloryfy Unbreakable Eyewear, Prestij Optical and Evonik AG. The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global unbreakable sports sunglasses market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.