Global Sunglasses Market Size & Outlook
The sunglasses industry worldwide is expected to reach a projected revenue of US$ 36,436.6 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide sunglasses industry from 2024 to 2030.
Revenue, 2023 (US$M)
$23,515.7
Forecast, 2030 (US$M)
$36,436.6
CAGR, 2024 - 2030
6.5%
Report Coverage
Worldwide
Global sunglasses market, 2018-2030 (US$M)
Related Markets
Global sunglasses market highlights
- The global sunglasses market generated a revenue of USD 23,515.7 million in 2023 and is expected to reach USD 36,436.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, non-polarized accounted for a revenue of USD 18,404.2 million in 2023.
- Polarized is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 23,515.7 million |
| Market revenue in 2030 | USD 36,436.6 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-polarized |
| Fastest growing segment | Polarized |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polarized, Non-Polarized |
Other key industry trends
- In terms of revenue, the North America accounted for 28.3% of the global sunglasses market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 845.2 million by 2030.
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Sunglasses Market Scope
Sunglasses market segmentation & scope
Sunglasses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global sunglasses market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sunglasses market will help companies and investors design strategic landscapes.
non-polarized was the largest segment with a revenue share of 78.26% in 2023. Horizon Databook has segmented the Global sunglasses market based on polarized, non-polarized covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sunglasses Product Outlook (Revenue, USD Million, 2018-2030)
- Polarized
- Non-Polarized
- Global Sunglasses Material Outlook (Revenue, USD Million, 2018-2030)
- CR-39
- Polycarbonate
- Polyurethane
- Others
- Global Sunglasses Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
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Target buyers of Global sunglasses market databook
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Our clientele includes a mix of sunglasses market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sunglasses market , including forecasts for subscribers. This global databook contains high-level insights into Global sunglasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global sunglasses market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Sunglasses market size, 2023 (USD Million)
Top 10 countries: Sunglasses market size, 2023 (USD Million)
Global sunglasses market, by region, 2023 (US$M)
Related regional statistics
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