Market Overview:
The global prescription/rx sunglass market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about eye health and the growing demand for sunglasses from various end-use industries. In terms of type, the prescription/rx sunglass market is segmented into glass, CR-39, polycarbonate, and polyurethane. Of these segments, the polycarbonate segment is expected to witness highest growth during the forecast period owing to its properties such as shatter resistance and light weight. In terms of application, hazardous environments are expected to account for a major share of this market due to increasing safety concerns across various industrial sectors.
Product Definition:
A prescription/rx sunglass is a type of sunglass that has been specifically designed to correct vision problems. These sunglasses are typically prescribed by an optometrist or ophthalmologist. They are often used to treat conditions such as myopia, hyperopia, and astigmatism.
Glass:
Glass can be used as a raw material in the production of frames and lenses. It is extensively used in optical frame manufacturing due to its properties such as high refractive index, flexibility, transparency, and light transmission. The demand for glass has been rising on account of its increasing usage in prescription sunglasses market which has been further boosted by technological advancements pertaining to the development of new types of glasses with superior features.
The major factor responsible for growth is increased consumer awareness regarding appearance.
CR-39:
CR-39 or Allyl diglycol carbonate is a type of plastic resin that is manufactured from Carbon & 39th Diastereomer of Diglycolic Acid. It has the ability to mold into any shape and can be easily changed by heating or cooling. The end product has properties similar to that of natural glass, but with added flexibility & durability making it an ideal material for fashion eyewear such as spectacles and sunglasses.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The growing use of prescription/rx sunglasses for aesthetic purposes, such as changing the appearance or enhancing one¢â‚¬â„¢s natural beauty is expected to be a key factor driving the demand for prescription/rx sunglasses globally. Furthermore, increasing awareness regarding sun protection among individuals, especially in developed economies including North America and Europe is anticipated to further fuel growth over the forecast period.
Hazardous environments held a significant share in 2017 owing to rising industrialization and population living in urban areas with higher exposure to harmful UV radiations from sunlight. Growing awareness about skin damage caused due to UV radiations has resulted in increased usage of protective eyewear including glasses and goggles at work places which are manufactured according with OSHA regulations across various industries globally which includes chemical plants, refineries etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing cases of eye disorders, rising adoption of protective eyewear, and high healthcare expenditure in this region. In addition, growing production and export of prescription sunglasses by key players such as Luxottica Group S.p.A., frames Ushio Inc., Bausch & Lomb Inc., and Safilo Italia S.pG.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure leading to increased awareness about vision correction procedures coupled with growing disposable income especially among middle-class income groups that can afford these devices resulting into a higher demand for sunglass prescriptions/rx glasses over there (ii).
Growth Factors:
- Increasing awareness about the benefits of prescription sunglasses: Prescription sunglasses offer various advantages such as improved vision and protection from the sun’s harmful UV rays. This is resulting in an increasing number of people opting for prescription sunglasses, thereby driving growth in the market.
- Rising demand for designer prescription sunglasses: A growing trend among consumers is to purchase designer prescription sunglasses, which are available in a wide range of styles and colors. This is contributing to market growth as well.
- Growing popularity of polarized lenses: Polarized lenses are becoming increasingly popular due to their ability to reduce glare and improve vision clarity under bright conditions. This is benefiting the prescription sunglass market by driving sales growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Prescription/Rx Sunglass Market Research Report
By Type
Glass, CR-39, Polycarbonate, Polyurethane
By Application
Hazardous Environments, Others
By Companies
Luxottica (Italy), Safilo (France), Charmant (US), Marchon (US), Fielmann (Germany), De Rigo (Italy), Bausch & Lomb (US), Carl Zeiss (Germany), Essilor (France), Rodenstock (Germany), Hoya Corporation (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Prescription/Rx Sunglass Market Report Segments:
The global Prescription/Rx Sunglass market is segmented on the basis of:
Types
Glass, CR-39, Polycarbonate, Polyurethane
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hazardous Environments, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luxottica (Italy)
- Safilo (France)
- Charmant (US)
- Marchon (US)
- Fielmann (Germany)
- De Rigo (Italy)
- Bausch & Lomb (US)
- Carl Zeiss (Germany)
- Essilor (France)
- Rodenstock (Germany)
- Hoya Corporation (Japan)
Highlights of The Prescription/Rx Sunglass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- CR-39
- Polycarbonate
- Polyurethane
- By Application:
- Hazardous Environments
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Prescription/Rx Sunglass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Prescription sunglasses are glasses that have been prescribed by a doctor. Rx sunglasses are typically more expensive than regular sunglasses because they have a higher quality lens and frame.
Some of the major players in the prescription/rx sunglass market are Luxottica (Italy), Safilo (France), Charmant (US), Marchon (US), Fielmann (Germany), De Rigo (Italy), Bausch & Lomb (US), Carl Zeiss (Germany), Essilor (France), Rodenstock (Germany), Hoya Corporation (Japan).
The prescription/rx sunglass market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Prescription/Rx Sunglass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Prescription/Rx Sunglass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Prescription/Rx Sunglass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Prescription/Rx Sunglass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Prescription/Rx Sunglass Market Size & Forecast, 2018-2028
4.5.1 Prescription/Rx Sunglass Market Size and Y-o-Y Growth
4.5.2 Prescription/Rx Sunglass Market Absolute $ Opportunity
Chapter 5 Global Prescription/Rx Sunglass Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Prescription/Rx Sunglass Market Size Forecast by Type
5.2.1 Glass
5.2.2 CR-39
5.2.3 Polycarbonate
5.2.4 Polyurethane
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Prescription/Rx Sunglass Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Prescription/Rx Sunglass Market Size Forecast by Applications
6.2.1 Hazardous Environments
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Prescription/Rx Sunglass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Prescription/Rx Sunglass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Prescription/Rx Sunglass Analysis and Forecast
9.1 Introduction
9.2 North America Prescription/Rx Sunglass Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Prescription/Rx Sunglass Market Size Forecast by Type
9.6.1 Glass
9.6.2 CR-39
9.6.3 Polycarbonate
9.6.4 Polyurethane
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Prescription/Rx Sunglass Market Size Forecast by Applications
9.10.1 Hazardous Environments
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Prescription/Rx Sunglass Analysis and Forecast
10.1 Introduction
10.2 Europe Prescription/Rx Sunglass Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Prescription/Rx Sunglass Market Size Forecast by Type
10.6.1 Glass
10.6.2 CR-39
10.6.3 Polycarbonate
10.6.4 Polyurethane
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Prescription/Rx Sunglass Market Size Forecast by Applications
10.10.1 Hazardous Environments
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Prescription/Rx Sunglass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Prescription/Rx Sunglass Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Prescription/Rx Sunglass Market Size Forecast by Type
11.6.1 Glass
11.6.2 CR-39
11.6.3 Polycarbonate
11.6.4 Polyurethane
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Prescription/Rx Sunglass Market Size Forecast by Applications
11.10.1 Hazardous Environments
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Prescription/Rx Sunglass Analysis and Forecast
12.1 Introduction
12.2 Latin America Prescription/Rx Sunglass Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Prescription/Rx Sunglass Market Size Forecast by Type
12.6.1 Glass
12.6.2 CR-39
12.6.3 Polycarbonate
12.6.4 Polyurethane
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Prescription/Rx Sunglass Market Size Forecast by Applications
12.10.1 Hazardous Environments
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Prescription/Rx Sunglass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Prescription/Rx Sunglass Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Prescription/Rx Sunglass Market Size Forecast by Type
13.6.1 Glass
13.6.2 CR-39
13.6.3 Polycarbonate
13.6.4 Polyurethane
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Prescription/Rx Sunglass Market Size Forecast by Applications
13.10.1 Hazardous Environments
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Prescription/Rx Sunglass Market: Competitive Dashboard
14.2 Global Prescription/Rx Sunglass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luxottica (Italy)
14.3.2 Safilo (France)
14.3.3 Charmant (US)
14.3.4 Marchon (US)
14.3.5 Fielmann (Germany)
14.3.6 De Rigo (Italy)
14.3.7 Bausch & Lomb (US)
14.3.8 Carl Zeiss (Germany)
14.3.9 Essilor (France)
14.3.10 Rodenstock (Germany)
14.3.11 Hoya Corporation (Japan)
