Asia Pacific Sunglasses Market Size & Outlook, 2023-2030
Asia Pacific sunglasses market, 2018-2030 (US$M)
Related Markets
Asia Pacific sunglasses market highlights
- The Asia Pacific sunglasses market generated a revenue of USD 6,326.2 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, non-polarized was the largest revenue generating product in 2023.
- Polarized is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,326.2 million |
| Market revenue in 2030 | USD 10,366.2 million |
| Growth rate | 7.3% (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 |
| Key market players worldwide | Essilorluxottica, Safilo Group SpA Az nom Post raggruppamento, Kering SA, Revolve Group Inc Class A, Fielmann Group AG, Lvmh Moet Hennessy Louis Vuitton SE, De Rigo SpA, Charmant, State Optical Co, Marcolin |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.9% of the global sunglasses market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,366.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sunglasses Market Scope
Sunglasses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 78.95% in 2023. Horizon Databook has segmented the Asia Pacific sunglasses market based on polarized, non-polarized covering the revenue growth of each sub-segment from 2018 to 2030.
Various factors, including fashion, culture, economic conditions, and technological advancements, are shaping consumer demand for eyewear across Asia Pacific. Consumers across different Asia Pacific countries have diverse preferences and requirements, leading to numerous local and international brands catering to these various needs.
China's booming middle class has created a substantial demand for luxury eyewear. Global brands like Ray-Ban and Prada, alongside domestic brands like Etnies, cater to various consumer segments, from affordable to high-end luxury.
Also, Japanese consumers prioritize quality and craftsmanship. Japanese brands like JINS have gained popularity for their minimalist and functional designs. Japanese street fashion also features a wide variety of sunglasses styles. Countries like Australia and New Zealand experience strong sunlight, making sunglasses necessary for eye protection.
Reasons to subscribe to Asia Pacific sunglasses market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific sunglasses market databook
-
Our clientele includes a mix of sunglasses market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sunglasses market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sunglasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific sunglasses market size, by country, 2018-2030 (US$M)
Asia Pacific Sunglasses Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
