The global sports eyewear market was valued at $5,695.5 million in 2019, and is projected to reach $8,899.2 million by 2027, registering a CAGR of 7.3% from 2021 to 2027.
The sports eyewear market is growing rapidly due to increasing awareness of the need for eye protection during various physical activities. Sports eyewear manufacturers are developing new materials and designs focused on performance, durability, and style to meet a variety of sports’ needs. Market expansion is being driven by the increasing number of people participating in outdoor and extreme activities and increasing awareness of the importance of eye safety. To launch cutting-edge technology like polarized lenses, impact-resistant materials, and customized frames, major firms are making research and development investments. The market's trajectory is expected to continue rising as consumers choose sports eyewear that balances fashion and utility.
The sports eyewear market is analyzed on the basis of product type, end user, mode of sale, and region. By product type, the market is divided into prescription glasses, sunglasses, and contact lenses. By end user, the market is segmented into men and women. Depending on the mode of sale, it is classified into retail stores and online stores. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Italy, Germany, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, ASEAN, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Since consumers and athletes look for eyewear that not only serves a functional purpose but also fits in with their particular style, the market gains from the fashion and style influence in sports culture. Competing to satisfy the varied needs of athletes across a range of sports categories are major participants in the eyewear market as well as niche sports eyewear manufacturers. Sports eyewear is a market that is expected to grow further as long as sports maintain their centrality in popular culture. New designs and technology will have the chance to influence the direction of this sector.
The market for sports eyewear is expanding rapidly due to increased awareness of the importance of eye protection. The need for specialized eyewear is being driven with the help of athletes and sports supporters who are becoming more aware of possible risks of eye injury during different activities. Growing awareness is driving consumers to prioritize eyewear that provides both strong eye protection and performance enhancement, which in turn influences their purchasing decisions. This trend is changing the way of manufacturing sports eyewear products by encouraging innovative solutions in material and design to meet the changing demands of people who prioritize their eye health when it comes to achieving athletic success.
Individual differences in physiology present obstacles to customization in the sports eyewear business. There is no one-size-fits-all option because facial structures differ a lot. This presents problems for both comfort and performance because inappropriate eyeglasses can distract from an athlete's training. Producers struggle with the requirement to provide customized choices while keeping manufacturing costs low. Furthermore, achieving a balance between practicality and style makes customization more difficult. It's a tough task to find the correct balance between modified design and aesthetics to accommodate individual tastes. Thus, customization is regarded as one of the restraints for the growth of the global sports eyewear market.
The key players operating in the sports eyewear market have adopted product launch and business expansion as their key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global sports eyewear market are Puma SE, Nike, Inc., Under Armour, Inc., Adidas AG, Titan Company Limited, Liberty Sport, Inc., Safilo S.p.A., EssilorLuxottica S.A., Yiwu Conchen Glasses Co., Ltd, and Decathlon SA.
The sports eyewear market is growing rapidly due to increasing awareness of the need for eye protection during various physical activities. Sports eyewear manufacturers are developing new materials and designs focused on performance, durability, and style to meet a variety of sports’ needs. Market expansion is being driven by the increasing number of people participating in outdoor and extreme activities and increasing awareness of the importance of eye safety. To launch cutting-edge technology like polarized lenses, impact-resistant materials, and customized frames, major firms are making research and development investments. The market's trajectory is expected to continue rising as consumers choose sports eyewear that balances fashion and utility.
The sports eyewear market is analyzed on the basis of product type, end user, mode of sale, and region. By product type, the market is divided into prescription glasses, sunglasses, and contact lenses. By end user, the market is segmented into men and women. Depending on the mode of sale, it is classified into retail stores and online stores. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Italy, Germany, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, ASEAN, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Since consumers and athletes look for eyewear that not only serves a functional purpose but also fits in with their particular style, the market gains from the fashion and style influence in sports culture. Competing to satisfy the varied needs of athletes across a range of sports categories are major participants in the eyewear market as well as niche sports eyewear manufacturers. Sports eyewear is a market that is expected to grow further as long as sports maintain their centrality in popular culture. New designs and technology will have the chance to influence the direction of this sector.
The market for sports eyewear is expanding rapidly due to increased awareness of the importance of eye protection. The need for specialized eyewear is being driven with the help of athletes and sports supporters who are becoming more aware of possible risks of eye injury during different activities. Growing awareness is driving consumers to prioritize eyewear that provides both strong eye protection and performance enhancement, which in turn influences their purchasing decisions. This trend is changing the way of manufacturing sports eyewear products by encouraging innovative solutions in material and design to meet the changing demands of people who prioritize their eye health when it comes to achieving athletic success.
Individual differences in physiology present obstacles to customization in the sports eyewear business. There is no one-size-fits-all option because facial structures differ a lot. This presents problems for both comfort and performance because inappropriate eyeglasses can distract from an athlete's training. Producers struggle with the requirement to provide customized choices while keeping manufacturing costs low. Furthermore, achieving a balance between practicality and style makes customization more difficult. It's a tough task to find the correct balance between modified design and aesthetics to accommodate individual tastes. Thus, customization is regarded as one of the restraints for the growth of the global sports eyewear market.
The key players operating in the sports eyewear market have adopted product launch and business expansion as their key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global sports eyewear market are Puma SE, Nike, Inc., Under Armour, Inc., Adidas AG, Titan Company Limited, Liberty Sport, Inc., Safilo S.p.A., EssilorLuxottica S.A., Yiwu Conchen Glasses Co., Ltd, and Decathlon SA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sports eyewear market analysis from 2019 to 2027 to identify the prevailing sports eyewear market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the sports eyewear market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global sports eyewear market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Mode of Sale
- Retail Stores
- Online Stores
By Product Type
- Prescription Glasses
- Sunglasses
- Contact Lenses
By End User
- Men
- Women
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Italy
- Germany
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia And New Zealand
- Asean
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Puma SE
- Nike, Inc.
- Adidas AG
- Titan Company Limited
- Safilo S.p.A.
- EssilorLuxottica S.A.
- Decathlon SA
- Under Armour, Inc.
- Liberty Sport, Inc.
- Yiwu Conchen Glasses Co.,Ltd
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SPORTS EYEWEAR MARKET, BY PRODUCT TYPE
CHAPTER 5: SPORTS EYEWEAR MARKET, BY END USER
CHAPTER 6: SPORTS EYEWEAR MARKET, BY MODE OF SALE
CHAPTER 7: SPORTS EYEWEAR MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Puma SE
- Nike, Inc.
- Adidas AG
- Titan Company Limited
- Safilo S.p.A.
- EssilorLuxottica S.A.
- Decathlon SA
- Under Armour, Inc.
- Liberty Sport, Inc.
- Yiwu Conchen Glasses Co.,Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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