Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 710.4 Million

CAGR (2023-2028)

5.89%

Fastest Growing Segment

Polarized

Largest Market

North America

 

 

 


Market Overview

The global cycling sunglasses market, valued at USD 710.4 million in 2022, is poised for robust growth with an anticipated CAGR of 5.89% through 2028. Cycling sunglasses are essential gear used during competitions and training to shield the eyes from potential disorders such as strain, bulging, twitching, and cataract, thanks to their polycarbonate lenses. These sunglasses offer enhanced visibility in various weather conditions, including monsoons, summers, and fog, setting them apart from traditional eyewear.

The advantages of cycling sunglasses, including eye protection and improved visibility, are driving their increasing popularity. Furthermore, heightened consumer awareness of optical health is contributing to the growing global demand for cycling sunglasses. Factors such as population growth and increased focus on eye health are propelling the expansion of this market.

Manufacturers seeking to enhance eyewear durability and reliability are investing in research and development. With rising global accident risks, ensuring optimal optical care is paramount. Innovations in sunglass designs are also influencing consumer choices, potentially boosting sales. Advanced adjustable lenses are replacing conventional ones, while lightweight sunglasses are preferred for their comfort.

The global surge in bicycle use as a means of combating air pollution and global warming is driving the demand for cycling sunglasses. Governments are investing in bike lanes and parking, shifting consumer interest away from automobiles. Consequently, cycling sunglasses' sales are directly impacted by the growing bicycle market, as they are essential for rider safety across various terrains.

The future of cycling sunglasses is likely to involve advanced technologies integrated into eyewear, such as heads-up displays, augmented reality functionalities, and smart sensors providing real-time information. Personalization and customization trends are on the rise, allowing customers to choose frame styles, lens tints, and other features. Sustainability concerns may lead to eco-friendly materials in response to consumer demand.

Cycling sunglasses have evolved into fashion accessories, potentially leading to collaborations between eyewear companies and fashion designers, resulting in stylish and trendy designs. E-commerce is reshaping retail, offering brands opportunities for global reach. Advancements in lens materials and coatings may enhance clarity, glare reduction, and visual comfort, further elevating the cycling experience.

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Key Market Drivers:

  • Growth of Cycling Culture and Sport: Cycling has transformed into a lifestyle and sport, increasing the demand for specialized accessories like cycling sunglasses. Enthusiasts seek eyewear that combines protection, performance, and style.
  • Emphasis on Eye Protection and Performance: Cyclists face environmental challenges, making eye safety crucial. High-quality cycling sunglasses offer UV protection, anti-glare coatings, and impact resistance, enhancing visual clarity and safety.
  • Innovative Technological Advancements: Technological innovations, such as photochromic lenses and smart features, are reshaping the industry, providing cyclists with tools that enhance their performance and safety.
  • Fashion Fusion and Athleisure Trend: Cycling sunglasses have become fashion-forward accessories, catering to cyclists' style preferences. The athleisure trend blurs sportswear and fashion lines, expanding the consumer base.

Key Market Challenges:

  • Intense Competition and Brand Differentiation: A saturated market challenges brands to differentiate themselves effectively. Innovative designs, materials, and technologies are needed to stand out and build a strong brand identity.
  • Balancing Performance and Style: Finding the balance between performance and fashion in cycling sunglasses is challenging. Eyewear must be aerodynamic, lightweight, and stylish, catering to both on-bike and off-bike activities.
  • Pricing and Accessibility: High-quality cycling sunglasses come at a premium price, creating a challenge for brands and consumers. Striking the right balance between pricing and perceived value is essential.
  • Counterfeit Products and Brand Trust: Counterfeit products threaten brand reputation and customer safety. Brands must implement anti-counterfeiting measures to maintain trust.

Key Market Trends:

  • Technological Advancements and Performance Enhancement: Ongoing technological innovation improves lens technology, frame materials, and design, enhancing cyclists' performance and safety.
  • Sustainability and Eco-Friendly Initiatives: Brands are adopting eco-friendly materials and sustainable practices, aligning with consumers' environmental values.
  • Customization and Personalization: Personalization options, including frame and lens customization, allow cyclists to express their individuality.
  • Rise of E-commerce and Direct-to-Consumer Models: E-commerce and direct-to-consumer models provide brands with global reach and personalized shopping experiences.
  • Integration of Fashion and Sport: The athleisure trend influences cycling sunglasses, which are becoming fashion statements appealing to a wider audience.

Segmental Insights

  • Type Insights: Polarized sunglasses dominated the market in 2022 due to their glare-reducing benefits. Cyclists favor polarized lenses for enhanced visibility and reduced eye strain, particularly in situations with high glare. However, both polarized and non-polarized cycling sunglasses cater to different cyclist preferences and conditions.
  • End User Insights: Men's cycling sunglasses and women's cycling sunglasses are popular choices, with men's eyewear often larger in size. Children's cycling sunglasses provide essential sun protection for young riders.
  • Regional Insights: North America is expected to experience significant market growth due to a large population of sports enthusiasts, increased awareness of UV effects, and a growing demand for fashionable eyewear.

The global cycling sunglasses market is evolving with a focus on performance, style, and sustainability, driven by technological advancements and changing consumer preferences.

Recent Developments

  • In 2023 - Oakley has launched four pairs of limited-edition sunglasses to mark the 2023 Tour de France, which starts in Bilbao, Spain. The new collection consists of limited editions of the Encoder, Radar EV, Sutro Lite and Sylas models.
  • In 2021 - The brand-new Elicit Clarity cycling sunglasses from POC were created for the best levels of performance at the lightest weight. They are the lightest sunglasses POC has ever created and will be shown at the Rouleur Live show in London. They weigh an astonishingly low 23g.

Key Market Players

  • 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

 By Type

By End User

By Sales Channel

By Region

  • Polarized
  • Non-Polarized
  • Others
  • Men
  • Women
  • Kids
  • Hypermarkets/supermarkets
  • Specialty Stores
  • Sports Shops
  • Online
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the global cycling sunglasses market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Cycling Sunglasses Market, By Type:

o   Polarized

o   Non-Polarized

o   Others

  • Cycling Sunglasses Market, By End User:

o   Men

o   Women

o   Kids

  • Cycling Sunglasses Market, By Sales Channel:

o   Hypermarkets/supermarkets

o   Specialty Stores

o   Sports Shops

o   Online

o   Others

  • Cycling Sunglasses Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cycling Sunglasses Market.

Available Customizations:

Global Cycling Sunglasses Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Cycling Sunglasses Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decisions

4.3.  Challenges Faced

5.    Global Cycling Sunglasses Market Outlook  

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis (Polarized, Non-Polarized, Others)

5.2.2.     By End user Market Share Analysis (Men, Women, Kids)

5.2.3.     By Sales Channel Market Share Analysis (Hypermarkets/supermarkets, Specialty Stores, Sports Shops, Others)

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         North America Market Share Analysis

5.2.4.2.         South America Market Share Analysis

5.2.4.3.         Middle East & Africa Market Share Analysis

5.2.4.4.         Europe Market Share Analysis

5.2.4.5.         Asia-Pacific Market Share Analysis

5.2.5.     By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Cycling Sunglasses Market Mapping & Opportunity Assessment

5.3.1.     By Type Market Mapping & Opportunity Assessment

5.3.2.     By End user Market Mapping & Opportunity Assessment

5.3.3.     By Sales Channel Market Mapping & Opportunity Assessment

6.    North America Cycling Sunglasses Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By End user Market Share Analysis

6.2.3.     By Sales Channel Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         United States Cycling Sunglasses Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value & Volume

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Type Market Share Analysis

6.2.4.1.2.2. By End user Market Share Analysis

6.2.4.1.2.3. By Sales Channel Market Share Analysis

6.2.4.2.         Canada Cycling Sunglasses Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value & Volume

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Type Market Share Analysis

6.2.4.2.2.2. By End user Market Share Analysis

6.2.4.2.2.3. By Sales Channel Market Share Analysis

6.2.4.3.         Mexico Cycling Sunglasses Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value & Volume

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Type Market Share Analysis

6.2.4.3.2.2. By End user Market Share Analysis

6.2.4.3.2.3. By Sales Channel Market Share Analysis

7.    Europe Cycling Sunglasses Market Outlook

7.1.  Market Size & Forecast   

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By End user Market Share Analysis

7.2.3.     By Sales Channel Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         France Cycling Sunglasses Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value & Volume

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Type Market Share Analysis

7.2.4.1.2.2. By End user Market Share Analysis

7.2.4.1.2.3. By Sales Channel Market Share Analysis

7.2.4.2.         Germany Cycling Sunglasses Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value & Volume

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Type Market Share Analysis

7.2.4.2.2.2. By End user Market Share Analysis

7.2.4.2.2.3. By Sales Channel Market Share Analysis

7.2.4.3.         Spain Cycling Sunglasses Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value & Volume

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Type Market Share Analysis

7.2.4.3.2.2. By End user Market Share Analysis

7.2.4.3.2.3. By Sales Channel Market Share Analysis

7.2.4.4.         Italy Cycling Sunglasses Market Outlook

7.2.4.4.1.             Market Size & Forecast

7.2.4.4.1.1. By Value & Volume

7.2.4.4.2.             Market Share & Forecast

7.2.4.4.2.1. By Type Market Share Analysis

7.2.4.4.2.2. By End user Market Share Analysis

7.2.4.4.2.3. By Sales Channel Market Share Analysis

7.2.4.5.         United Kingdom Cycling Sunglasses Market Outlook

7.2.4.5.1.             Market Size & Forecast

7.2.4.5.1.1. By Value & Volume

7.2.4.5.2.             Market Share & Forecast

7.2.4.5.2.1. By Type Market Share Analysis

7.2.4.5.2.2. By End user Market Share Analysis

7.2.4.5.2.3. By Sales Channel Market Share Analysis

8.    Asia-Pacific Cycling Sunglasses Market Outlook

8.1.  Market Size & Forecast   

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By End user Market Share Analysis

8.2.3.     By Sales Channel Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         China Cycling Sunglasses Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value & Volume

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Type Market Share Analysis

8.2.4.1.2.2. By End user Market Share Analysis

8.2.4.1.2.3. By Sales Channel Market Share Analysis

8.2.4.2.         Japan Cycling Sunglasses Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value & Volume

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Type Market Share Analysis

8.2.4.2.2.2. By End user Market Share Analysis

8.2.4.2.2.3. By Sales Channel Market Share Analysis

8.2.4.3.         India Cycling Sunglasses Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value & Volume

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Type Market Share Analysis

8.2.4.3.2.2. By End user Market Share Analysis

8.2.4.3.2.3. By Sales Channel Market Share Analysis

8.2.4.4.         Vietnam Cycling Sunglasses Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value & Volume

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Type Market Share Analysis

8.2.4.4.2.2. By End user Market Share Analysis

8.2.4.4.2.3. By Sales Channel Market Share Analysis

8.2.4.5.         South Korea Cycling Sunglasses Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value & Volume

8.2.4.5.2.             Market Share & Forecast

8.2.4.5.2.1. By Type Market Share Analysis

8.2.4.5.2.2. By End user Market Share Analysis

8.2.4.5.2.3. By Sales Channel Market Share Analysis

9.    Middle East & Africa Cycling Sunglasses Market Outlook

9.1.  Market Size & Forecast   

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By End user Market Share Analysis

9.2.3.     By Sales Channel Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         South Africa Cycling Sunglasses Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value & Volume

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Type Market Share Analysis

9.2.4.1.2.2. By End user Market Share Analysis

9.2.4.1.2.3. By Sales Channel Market Share Analysis

9.2.4.2.         Saudi Arabia Cycling Sunglasses Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value & Volume

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Type Market Share Analysis

9.2.4.2.2.2. By End user Market Share Analysis

9.2.4.2.2.3. By Sales Channel Market Share Analysis

9.2.4.3.         UAE Cycling Sunglasses Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value & Volume

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Type Market Share Analysis

9.2.4.3.2.2. By End user Market Share Analysis

9.2.4.3.2.3. By Sales Channel Market Share Analysis

9.2.4.4.         Turkey Cycling Sunglasses Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value & Volume

9.2.4.4.2.             Market Share & Forecast

9.2.4.4.2.1. By Type Market Share Analysis

9.2.4.4.2.2. By End user Market Share Analysis

9.2.4.4.2.3. By Sales Channel Market Share Analysis

10.  South America Cycling Sunglasses Market Outlook

10.1.    Market Size & Forecast

10.1.1.  By Value & Volume

10.2.    Market Share & Forecast

10.2.1.  By Type Market Share Analysis

10.2.2.  By End user Market Share Analysis

10.2.3.  By Sales Channel Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Argentina Cycling Sunglasses Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value & Volume

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Type Market Share Analysis

10.2.4.1.2.2.               By End user Market Share Analysis

10.2.4.1.2.3.               By Sales Channel Market Share Analysis

10.2.4.2.      Colombia Cycling Sunglasses Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value & Volume

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Type Market Share Analysis

10.2.4.2.2.2.               By End user Market Share Analysis

10.2.4.2.2.3.               By Sales Channel Market Share Analysis

10.2.4.3.      Brazil Cycling Sunglasses Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value & Volume

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Type Market Share Analysis

10.2.4.3.2.2.               By End user Market Share Analysis

10.2.4.3.2.3.               By Sales Channel Market Share Analysis

11.  Market Dynamics

11.1.    Drivers

11.2.    Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.    Company Profiles

13.1.1.  Adidas AG

13.1.1.1.      Company Details

13.1.1.2.      Products

13.1.1.3.      Financials (As Per Availability)

13.1.1.4.      Key Market Focus & Geographical Presence

13.1.1.5.      Recent Developments

13.1.1.6.      Key Management Personnel

13.1.2.  Liberty Sports, Inc.

13.1.2.1.      Company Details

13.1.2.2.      Products

13.1.2.3.      Financials (As Per Availability)

13.1.2.4.      Key Market Focus & Geographical Presence

13.1.2.5.      Recent Developments

13.1.2.6.      Key Management Personnel

13.1.3.  Shimano, Inc.

13.1.3.1.      Company Details

13.1.3.2.      Products

13.1.3.3.      Financials (As Per Availability)

13.1.3.4.      Key Market Focus & Geographical Presence

13.1.3.5.      Recent Developments

13.1.3.6.      Key Management Personnel

13.1.4.  Nike, Inc.

13.1.4.1.      Company Details

13.1.4.2.      Products

13.1.4.3.      Financials (As Per Availability)

13.1.4.4.      Key Market Focus & Geographical Presence

13.1.4.5.      Recent Developments

13.1.4.6.      Key Management Personnel

13.1.5.  Under Armour, Inc.

13.1.5.1.      Company Details

13.1.5.2.      Products

13.1.5.3.      Financials (As Per Availability)

13.1.5.4.      Key Market Focus & Geographical Presence

13.1.5.5.      Recent Developments

13.1.5.6.      Key Management Personnel

13.1.6.  Oakley, Inc.

13.1.6.1.      Company Details

13.1.6.2.      Products

13.1.6.3.      Financials (As Per Availability)

13.1.6.4.      Key Market Focus & Geographical Presence

13.1.6.5.      Recent Developments

13.1.6.6.      Key Management Personnel

13.1.7.  Puma SE

13.1.7.1.      Company Details

13.1.7.2.      Products

13.1.7.3.      Financials (As Per Availability)

13.1.7.4.      Key Market Focus & Geographical Presence

13.1.7.5.      Recent Developments

13.1.7.6.      Key Management Personnel

13.1.8.  Titan Company Limited

13.1.8.1.      Company Details

13.1.8.2.      Products

13.1.8.3.      Financials (As Per Availability)

13.1.8.4.      Key Market Focus & Geographical Presence

13.1.8.5.      Recent Developments

13.1.8.6.      Key Management Personnel

13.1.9.  Safilo Group S.p.A.

13.1.9.1.      Company Details

13.1.9.2.      Products

13.1.9.3.      Financials (As Per Availability)

13.1.9.4.      Key Market Focus & Geographical Presence

13.1.9.5.      Recent Developments

13.1.9.6.      Key Management Personnel

13.1.10.                Decathlon SA

13.1.10.1.    Company Details

13.1.10.2.    Products

13.1.10.3.    Financials (As Per Availability)

13.1.10.4.    Key Market Focus & Geographical Presence

13.1.10.5.    Recent Developments

13.1.10.6.    Key Management Personnel

14.  Strategic Recommendations/Action Plan

14.1.    Key Focus Areas

14.2.    Target Type

14.3.    Target End User

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global Cycling Sunglasses market is estimated to be USD 710.4 million in 2022.

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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 are the leading players in global cycling sunglasses market.

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In 2022, North America region held the largest market share and is expected to increase the most compared to other regions during the projected period due to the huge populace of sports enthusiasts & professionals, growing awareness regarding UV effects, and increased demand for fashionable eyewear.

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The global cycling sunglasses market is being driven by several factors, including the rising awareness of various types of cycling sunglasses, the introduction of enhanced protective cycling sunglasses, and the construction of frames & lightweight designs.

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Parvati Sharma

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