Italy Sunglasses Market Size & Outlook, 2023-2030
Italy sunglasses market, 2018-2030 (US$M)
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Italy sunglasses market highlights
- The Italy sunglasses market generated a revenue of USD 555.4 million in 2023 and is expected to reach USD 809.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.5% 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.
Sunglasses market data book summary
| Market revenue in 2023 | USD 555.4 million |
| Market revenue in 2030 | USD 809.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-polarized |
| Fastest growing segment | Polarized |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Italy accounted for 2.4% of the global sunglasses market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany sunglasses market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1,623.8 million by 2030.
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Sunglasses Market Scope
Sunglasses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 77.49% in 2023. Horizon Databook has segmented the Italy sunglasses market based on polarized, non-polarized covering the revenue growth of each sub-segment from 2018 to 2030.
Italian eyewear brands like Prada, Ray-Ban, Gucci, and Dolce & Gabbana symbolize luxury and style. These eyewear brands are a major part of the Italian fashion industry and contribute significantly to the Italian economy.
Also, leading companies in the fashion and eyewear industries focus on partnerships and collaborations to launch unique collections of stylish and high-quality eyewear. In November 2022, Brunello Cucinelli and EssilorLuxottica signed an exclusive license deal for the design, manufacture, and distribution of eyewear, including sunglasses under the Brunello Cucinelli brand.
The partnership will allow Brunello Cucinelli to expand its product offerings and reach a wider audience, while EssilorLuxottica will benefit from Brunello Cucinelli's strong brand recognition and design expertise.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy sunglasses market , including forecasts for subscribers. This country databook contains high-level insights into Italy sunglasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy sunglasses market size, by product, 2018-2030 (US$M)
Italy Sunglasses Market Outlook Share, 2023 & 2030 (US$M)
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