UK Sunglasses Market Size & Outlook, 2023-2030
UK sunglasses market, 2018-2030 (US$M)
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UK sunglasses market highlights
- The UK sunglasses market generated a revenue of USD 685.2 million in 2023 and is expected to reach USD 1,010.7 million by 2030.
- The UK market is expected to grow at a CAGR of 5.7% 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 685.2 million |
| Market revenue in 2030 | USD 1,010.7 million |
| Growth rate | 5.7% (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, UK accounted for 2.9% 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 |
|---|
UK 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 78.9% in 2023. Horizon Databook has segmented the UK sunglasses market based on polarized, non-polarized covering the revenue growth of each sub-segment from 2018 to 2030.
The ongoing trend of partnerships between independent retailers and well-established brands in the U.K. has been a significant driver of exclusive and limited-edition sunglasses. These limited-edition releases generate buzz and excitement among consumers.
The users follow these collaborations closely, anticipating the launch of new products. This heightened engagement leads to increased foot traffic to physical stores and increased website visits for independent retailers as well as established brands.
As part of its 30th-anniversary celebrations in June 2023, Cooshti, a Bristol-based streetwear boutique, introduced a special collaboration involving sunglasses in partnership with the Danish eyewear brand, Messy Weekend.
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Target buyers of UK 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 UK sunglasses market , including forecasts for subscribers. This country databook contains high-level insights into UK sunglasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK sunglasses market size, by product, 2018-2030 (US$M)
UK Sunglasses Market Outlook Share, 2023 & 2030 (US$M)
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