The sunglass industry chain is mainly composed of three links: upstream raw material supply, midstream product design and manufacturing, and downstream sales and services. According to the publisher's analysis, upstream raw materials mainly include lens materials, frame materials and other accessory materials. Lenses are the core components of sunglasses, and their materials are rich in variety, including resin, glass, nylon, etc. The midstream link mainly includes the design, processing and assembly of sunglasses. At this stage, some companies adopt OEM or ODM models for production, and more and more independent brands have established their own production systems. The downstream link covers sales and terminal services, and is an important channel connecting products and consumers.
The global market demand for sunglasses continues to grow, benefiting from multiple factors such as increased awareness of protection, upgraded fashion consumption, and the rise of outdoor activities. According to the publisher's analysis, with global warming and increased ultraviolet rays, people's attention to eye health continues to increase. As an important product for daily sun protection and ultraviolet protection, the functional demand for sunglasses continues to rise.
Especially in areas with strong sunshine such as Europe, the United States, and Australia, sunglasses have almost become a must-have daily necessity. In emerging markets such as Southeast Asia, India, and Africa, with the expansion of the middle class and the upgrading of consumption, the popularity of sunglasses is also steadily increasing. In addition, the fashion attributes of sunglasses have also greatly promoted their consumption growth. For example, the Vietnamese sunglasses market is continuing to grow.
In recent years, Vietnam's sunglasses production has shown a steady growth trend, which is mainly due to the global manufacturing transfer and Vietnam's local policies supporting light industry and export-oriented industries. According to the publisher's analysis, Vietnam's sunglasses manufacturing is mainly concentrated in industrially intensive areas in the south, such as Ho Chi Minh City, Binh Duong Province, and Dong Nai Province. These areas have a complete light industrial base, cheap labor, and convenient export ports, which are conducive to the formation of clustered production of sunglasses and other eyewear products. Some foreign-funded enterprises have set up factories in Vietnam to carry out OEM/ODM.
Vietnamese sunglasses are also actively exported overseas, with the export market mainly concentrated in Europe and the United States. According to the publisher's data, Vietnam exported about 1.7683 million pairs of sunglasses in 2024, with an export value of more than 7.4 million US dollars. Its main export markets include Singapore, Hong Kong, the United States and other countries. Overall, the Vietnamese sunglasses market still has great development potential and room for development.
The publisher predicts that although Vietnam's sunglass manufacturing is still mainly OEM and has low technical content, Vietnam is expected to gradually improve its independent design and manufacturing capabilities in the field of sunglass in the future, driven by the continuous optimization of the global eyewear industry chain and the accelerated layout of foreign capital.
The publisher recommends that global sunglass manufacturers and related investment companies conduct timely research on the Vietnamese market and prepare for the layout of the Vietnamese sunglass market. The publisher's Shanghai, China and Hanoi, Vietnam offices will help foreign companies enter the Vietnamese sunglass manufacturing market.
Topics covered:
- Overview of the Sunglasses Industry in Vietnam
- The Economic and Policy Environment of Sunglasses Industry in Vietnam
- The Market Size of Sunglasses Industry in Vietnam (2025-2034)
- Analysis of Major Sunglasses Industry Manufacturers in Vietnam
- Main Driving Forces and Market Opportunities of Sunglasses Industry in Vietnam
- What are the main driving forces, challenges and opportunities of Sunglasses industry in Vietnam during the forecast period of 2025-2034?
- Which companies are the main players in Vietnam's Sunglasses industry market and what are their competitive advantages?
- What is the expected revenue of Vietnam's Sunglasses industry market during the forecast period of 2025-2034?
- Which part of Vietnam's Sunglasses industry market is expected to dominate the market in 2034?
- What are the main disadvantages facing Vietnam's Sunglasses industry?
- How can foreign capital enter Vietnam's Sunglasses industry?
Table of Contents
Companies Mentioned
- VIET NAM WEILAN OPTICAL CO LTD
- OKIA VIETNAM
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | July 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 8.62 Million |
Forecasted Market Value ( USD | $ 34.08 Million |
Compound Annual Growth Rate | 16.5% |
Regions Covered | Vietnam |
No. of Companies Mentioned | 2 |