1h Free Analyst Time
Global Plano Sunglasses Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The plano sunglasses market analysis considers sales from both offline and online distribution channels. Our study also finds the sales of plano sunglasses in APAC, Europe, MEA, North America, and South America. In 2019, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as assortment strategies and multi-marketing strategies will play a significant role in the offline segment to maintain its market position. Also, our global plano sunglasses market report looks at factors such as product innovation and differentiation through functional and technological advances, rapid growth of the eyewear market in developing economies, and increased preference for contact lenses. However, avalaibility of counterfeit products, increasing demand for prescribed sunglasses, and rising rivalry among key competitors may hamper the growth of the plano sunglasses industry over the forecast period.
Global Plano Sunglasses Market: Overview
Product innovation and differentiation through functional and technological advances
Functional and technological advances in plano sunglasses are fueling the growth of the market in terms of value. Continuous R&D by companies has led to growing product innovations, thereby helping the companies to expand their product portfolios. Currently, lenses and frames of premium plano sunglasses are manufactured with high quality materials, enhanced coating, and high-end optical designs. Certain vendors are introducing video-recording sunglasses equipped with CMOS sensors and built-in storage systems. The incorporation of such advanced functional and technological advances will lead to the expansion of the global plano sunglasses market at a CAGR of over 5% during the forecast period.
Increase in the demand for premium plano glasses, loyalty programs, and marketing initiatives
The endorsement of popular brands by celebrities is influencing consumers to spend on premium plano sunglasses. This is encouraging players in the market to develop marketing strategies such as loyalty programs to target and retain potential customers. Vendors are also adopting digital marketing campaigns to effectively promote their products and attract consumers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global plano sunglasses market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plano sunglasses manufacturers, that include Carl Zeiss AG, De Rigo Spa, EssilorLuxottica, Fielmann AG, Kering SA, LVMH Moët Hennessy - Louis Vuitton, Marcolin Spa, Rodenstock GmbH, ROKA Sports Inc., and Safilo Group Spa.
Also, the plano sunglasses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global plano sunglasses market: Carl Zeiss AG, De Rigo Spa, EssilorLuxottica, Fielmann AG, Kering SA, LVMH Moët Hennessy - Louis Vuitton, Marcolin Spa, Rodenstock GmbH, ROKA Sports Inc., and Safilo Group Spa.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in the demand for premium plano glasses, loyalty programs, and marketing initiatives.”
According to the report, one of the major drivers for this market is the product innovation and differentiation through functional and technological advances.
Further, the report states that one of the major factors hindering the growth of this market is the avalaibility of counterfeit products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Carl Zeiss AG
- De Rigo Spa
- EssilorLuxottica
- Fielmann AG
- Kering SA
- LVMH Moët Hennessy - Louis Vuitton
- Marcolin Spa
- Rodenstock GmbH
- ROKA Sports Inc.
- Safilo Group Spa.
