Market Overview:
The global prescription sunglasses market is expected to grow at a CAGR of 5.8% 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 prescription sunglasses from young adults, adults, and seniors. In terms of type, the global prescription sunglasses market is segmented into glass lenses, plastic lenses (CR-39), solid material (polycarbonate, polyurethane), and other materials. Of these segments, the plastic lens segment is expected to grow at a higher CAGR during the forecast period owing to its properties such as scratch resistance and shatterproofing. In terms of application, young adults are expected to account for a major share of the global prescription sunglasses market in 2018 followed by adults and mature adults.
Product Definition:
Prescription sunglasses are eyeglasses that have been designed specifically to protect your eyes from the sun's UV rays. They usually have a wraparound design that blocks more sunlight than regular sunglasses. They are also made with optical-quality lenses to correct vision problems.
Glass:
Glass is a transparent material, which has numerous industrial and commercial applications. It can be used in the production of spectacles, lenses, bottles, containers and even tableware. Prescription glasses made of glass are very strong as well as flexible; they offer great optical clarity to the user.
Plastic Lenses- CR-39:
Plastic lenses are made up of polymers and have properties such as impact resistance, flexibility, optical clarity, and durability. CR-39 is the most commonly used plastic lens material in prescription sunglasses industry. It has a high refractive index which makes it suitable for making optical lenses. The ability to mold the lens according to its application helps in increasing its demand over other materials such as metal or glass lenses.
Application Insights:
The young adults application segment led the global prescription sunglasses market in 2017. This is attributed to rising disposable income and increasing awareness about sun protection among this age group. According to a study published by the Centers for Disease Control and Prevention (CDC), in 2016, around 78% of U.S. citizens aged 18-29 years reported having at least one sunburn during summer months since they were 10 years old or younger, which indicates a high susceptibility towards UV rays among this demographic group.
The mature adults application segment is expected to witness significant growth over the forecast period owing to growing concerns regarding visual impairment caused by myopia or hyperopia coupled with an increase in spending on corrective eyewear by individuals affected with these conditions.
Regional Analysis:
North America dominated the global prescription sunglasses market in 2017. The rising number of eye care professionals and high adoption rate of advanced technologies are some factors responsible for its large share. In addition, increasing demand for safety glasses to prevent accidents is expected to propel the product demand over the forecast period.
Europe accounted for a significant share in terms of revenue as well as volume in 2017 owing to growing consumer awareness regarding health and safety coupled with strict government regulations on road traffic injuries prevention measures taken by various countries such as Germany, France, Italy, UK and Russia are anticipated to boost product sales over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of prescription sunglasses: Prescription sunglasses offer various health benefits such as improved vision and protection from UV radiation. This is resulting in an increase in demand for prescription sunglasses, especially among people who are susceptible to eye problems.
- Rising popularity of outdoor activities: A growing number of people are taking up outdoor activities such as hiking, cycling, and running. This is leading to an increase in demand for prescription sunglasses that provide superior optics and protection from the sun’s harmful UV rays.
- Growing aging population: The global aging population is increasing rapidly, which is driving demand for products that can improve eye health and protect against age-related vision problems such as cataracts and macular degeneration. Prescription sunglasses fulfill both these needs and are thus becoming increasingly popular among seniors worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Prescription Sunglasses Market Research Report
By Type
Glass, Plastic Lenses- CR-39, Solid material- Polycarbonate, Polyurethane, Other
By Application
Young Adults, Adults, Mature Adults, Seniors
By Companies
Essilor International S.A., Safilo Group, Charmant, Marchon Eyewear, Fielmann, De Rigo, Rodenstock
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Prescription Sunglasses Market Report Segments:
The global Prescription Sunglasses market is segmented on the basis of:
Types
Glass, Plastic Lenses- CR-39, Solid material- Polycarbonate, Polyurethane, Other
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
Young Adults, Adults, Mature Adults, Seniors
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:
- Essilor International S.A.
- Safilo Group
- Charmant
- Marchon Eyewear
- Fielmann
- De Rigo
- Rodenstock
Highlights of The Prescription Sunglasses 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
- Plastic Lenses- CR-39
- Solid material- Polycarbonate
- Polyurethane
- Other
- By Application:
- Young Adults
- Adults
- Mature Adults
- Seniors
- 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 Sunglasses 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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. They are designed to protect the eyes from harmful UV rays and other elements.
Some of the key players operating in the prescription sunglasses market are Essilor International S.A., Safilo Group, Charmant, Marchon Eyewear, Fielmann, De Rigo, Rodenstock.
The prescription sunglasses market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prescription Sunglasses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Prescription Sunglasses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prescription Sunglasses Market - Supply Chain
4.5. Global Prescription Sunglasses Market Forecast
4.5.1. Prescription Sunglasses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prescription Sunglasses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prescription Sunglasses Market Absolute $ Opportunity
5. Global Prescription Sunglasses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Prescription Sunglasses Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Plastic Lenses- CR-39
5.3.3. Solid material- Polycarbonate
5.3.4. Polyurethane
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prescription Sunglasses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Prescription Sunglasses Market Size and Volume Forecast by Application
6.3.1. Young Adults
6.3.2. Adults
6.3.3. Mature Adults
6.3.4. Seniors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prescription Sunglasses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Prescription Sunglasses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Prescription Sunglasses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Prescription Sunglasses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Prescription Sunglasses Demand Share Forecast, 2019-2026
9. North America Prescription Sunglasses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Prescription Sunglasses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Prescription Sunglasses Market Size and Volume Forecast by Application
9.4.1. Young Adults
9.4.2. Adults
9.4.3. Mature Adults
9.4.4. Seniors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prescription Sunglasses Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Plastic Lenses- CR-39
9.7.3. Solid material- Polycarbonate
9.7.4. Polyurethane
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Prescription Sunglasses Demand Share Forecast, 2019-2026
10. Latin America Prescription Sunglasses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Prescription Sunglasses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Prescription Sunglasses Market Size and Volume Forecast by Application
10.4.1. Young Adults
10.4.2. Adults
10.4.3. Mature Adults
10.4.4. Seniors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prescription Sunglasses Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Plastic Lenses- CR-39
10.7.3. Solid material- Polycarbonate
10.7.4. Polyurethane
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Prescription Sunglasses Demand Share Forecast, 2019-2026
11. Europe Prescription Sunglasses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Prescription Sunglasses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Prescription Sunglasses Market Size and Volume Forecast by Application
11.4.1. Young Adults
11.4.2. Adults
11.4.3. Mature Adults
11.4.4. Seniors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prescription Sunglasses Market Size and Volume Forecast by Type
11.7.1. Glass
11.7.2. Plastic Lenses- CR-39
11.7.3. Solid material- Polycarbonate
11.7.4. Polyurethane
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Prescription Sunglasses Demand Share, 2019-2026
12. Asia Pacific Prescription Sunglasses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Prescription Sunglasses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Prescription Sunglasses Market Size and Volume Forecast by Application
12.4.1. Young Adults
12.4.2. Adults
12.4.3. Mature Adults
12.4.4. Seniors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prescription Sunglasses Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Plastic Lenses- CR-39
12.7.3. Solid material- Polycarbonate
12.7.4. Polyurethane
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Prescription Sunglasses Demand Share, 2019-2026
13. Middle East & Africa Prescription Sunglasses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Prescription Sunglasses Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Prescription Sunglasses Market Size and Volume Forecast by Application
13.4.1. Young Adults
13.4.2. Adults
13.4.3. Mature Adults
13.4.4. Seniors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prescription Sunglasses Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Plastic Lenses- CR-39
13.7.3. Solid material- Polycarbonate
13.7.4. Polyurethane
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Prescription Sunglasses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prescription Sunglasses Market: Market Share Analysis
14.2. Prescription Sunglasses Distributors and Customers
14.3. Prescription Sunglasses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Essilor International S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Safilo Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Charmant
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Marchon Eyewear
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fielmann
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. De Rigo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rodenstock
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook