Global Cycling Sunglasses Market to Grow with a CAGR of 5.89% through 2028.
Growing awareness about optical health and gaining
popularity of cyclist racing are factors driving the global cycling sunglasses
market in the forecast period 2024-2028.
According to the
TechSci Research report, “Global Cycling Sunglasses Market– Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The market for cycling
sunglasses is expanding primarily due to the growing population and greater
awareness of eye health. Consumers' propensity for trying out different eyewear
shapes and designs encourages producers to make sunglasses that meet demand.
The popularity of cycling competitions, the growth of cycling as a method of
transportation, and the rise in cycle sales are all contributing to an increase
in cyclist sunglasses sales. To boost sales and expose their businesses to more
consumers, cyclist sunglasses makers are partnering with the cycling companies.
With the development of
e-commerce, consumers now have the chance to research the desired products and
make purchases that suit their preferences. By providing a choice for customer
assessment, this aids businesses in pinpointing the precise market requirement.
A review, whether favorable or unfavorable, can influence sales because it
informs customers about the greatest product on the market.
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The cycling sunglasses market
is a dynamic and rapidly evolving segment within the broader sports and outdoor
accessories industry. With a global surge in cycling as both a sport and a
recreational activity, the demand for specialized eyewear that caters to the
unique needs of cyclists has grown significantly. This market is characterized
by a convergence of factors that contribute to its growth, diversification, and
innovation.
The increasing popularity of
cycling as a lifestyle choice, a mode of transportation, and a competitive
sport has fueled the demand for cycling accessories, including sunglasses. As
more individuals embrace cycling for its physical, mental, and environmental
benefits, the need for gear that enhances both performance and safety becomes
paramount. Cycling sunglasses address critical concerns such as eye protection
from UV rays, glare reduction, and shielding against wind, dust, and debris.
One of the driving forces
behind the cycling sunglasses market is the relentless pursuit of technical
innovation. Brands are continuously pushing the boundaries of lens technology,
frame design, and material science to provide cyclists with eyewear that optimizes
their riding experience. From photochromic lenses that adapt to changing light
conditions to anti-fog coatings that prevent vision obstruction, these
innovations cater to the specific challenges faced by cyclists during their
rides.
Cycling sunglasses offer more
than just style; they provide essential protection and safety benefits. The
lenses are designed to block harmful UV rays that can cause eye damage,
including conditions like cataracts and macular degeneration. Additionally, the
wrap-around design of cycling sunglasses helps shield the eyes from wind, dust,
and flying debris that cyclists encounter on the road or trail. This focus on
protection resonates with safety-conscious cyclists who prioritize their
well-being during rides.
Beyond their functional
attributes, cycling sunglasses have also become fashion statements. The rise of
the athleisure trend, where sportswear is seamlessly integrated into everyday
fashion, has elevated the status of cycling eyewear. Manufacturers have responded
by designing sunglasses that not only excel in performance but also align with
modern aesthetics. The fusion of fashion and function has attracted a broader
audience, from dedicated cyclists to those seeking versatile eyewear that
complements both their active lifestyle and personal style.
The global cycling
sunglasses market is segmented based on product type, application, sales
channel, and region.
Based on type, Based on type,
the market is bifurcated into polarized and non-polarized cycling sunglasses.
Polarized sunglasses held the large market share of the total revenue in 2022
due to its benefits as polarized lenses are designed to reduce glare caused by
reflections from flat surfaces, such as roads, water, and car windows.
By region, North America,
Europe, Asia Pacific, Middle East & Africa, South America are the regions
into which the global market for cycling sunglasses is divided. Due to the
large population of sports enthusiasts and professionals, growing awareness of
UV effects, and increased demand for fashionable eyewear, the North American
region is anticipated to experience the largest growth in the global cycling
sunglasses market when compared to other regions during the projected period.
Key market players operating in
the global Cycling Sunglasses market include:
- Adidas AG
- Liberty Sports, Inc.
- Shimano, Inc.
- Nike, Inc.
- Under Armour, Inc.
- Oakley, Inc.
- Puma SE
- Titan Company Limited
- Safilo Group S.p.A.
- Decathlon SA
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“The cycling sunglasses
market is undergoing a transformative growth trajectory driven by the
convergence of these four major drivers. The cultural shift towards cycling as
a lifestyle and sport, the increasing emphasis on eye protection and
performance, the relentless pace of technological innovation, and the fusion of
fashion and function are all shaping the market's landscape. As the demand for
specialized eyewear continues to rise, manufacturers are compelled to innovate,
leading to a cycle of continuous improvement and evolution within the cycling sunglasses
industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Cycling Sunglasses
Market– Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028F By Type (Polarized, Non-Polarized, Others),
By End User (Men, Women, Kids), By Distribution Channel
(Hypermarkets/supermarkets, Specialty Stores, Sports Shops, Online, Others), By
Region, By Competition Forecast & Opportunities, 2018-2028F, has
evaluated the future growth potential of the global cycling sunglasses market
globally and
provides statistics and information on market structure, size, share, and
future growth. The report provides cutting-edge market intelligence and helps decision-makers
to make sound investment decisions. Besides, the report also identifies the
emerging trends along with essential drivers, challenges, and opportunities
present in the market of cycling sunglasses globally.
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