Japan Sunglasses Market Size & Outlook, 2023-2030
Japan sunglasses market, 2018-2030 (US$M)
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Japan sunglasses market highlights
- The Japan sunglasses market generated a revenue of USD 737.9 million in 2023 and is expected to reach USD 1,145.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.5% 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 737.9 million |
| Market revenue in 2030 | USD 1,145.5 million |
| Growth rate | 6.5% (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, Japan accounted for 3.1% 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 Asia Pacific, China sunglasses market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,035.9 million by 2030.
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Sunglasses Market Scope
Sunglasses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 79.09% in 2023. Horizon Databook has segmented the Japan sunglasses market based on polarized, non-polarized covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a noticeable surge in the popularity of sunglasses in Japan, driven largely by fashion trends. Like many others worldwide, Japanese consumers now consider sunglasses a fashion statement and a practical accessory.
Japanese fashion magazines, celebrities, and influencers often feature sunglasses as a key component of stylish ensembles. Eyewear brands in Japan strongly emphasize the manufacturing of sunglasses frames made from recycled PET bottles, highlighting their commitment to sustainability and environmentally responsible practices.
The sustainability aspect of using recycled materials aligns with consumers who are increasingly conscious of the environmental impact of their purchases. Eyewear brands that incorporate recycled PET into their frames can promote their products as eco-friendly, appealing to environmentally aware customers.
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Target buyers of Japan 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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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 country-level data and insights on the Japan sunglasses market , including forecasts for subscribers. This country databook contains high-level insights into Japan sunglasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan sunglasses market size, by product, 2018-2030 (US$M)
Japan Sunglasses Market Outlook Share, 2023 & 2030 (US$M)
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