Global Plano Sunglasses Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

Global Plano Sunglasses Market: Overview

"The Plano Sunglasses Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

Plano sunglasses are nonprescription sunglasses which are only used to protect the eye from sun’s harmful ultra-violet rays and are not used for corrective power. The price of plano sunglasses is same as usual prescription sunglasses, is one of the safe way to wear non-corrective glasses.

Plano sunglasses offer a variety of protective coatings, include anti-scratch, also block the harmful UV lighting. Most of the people choose plano sunglasses to make their appearance more attractive and/or accessorize an outfit. Plano sunglasses have become a new fashion style.

Global Plano Sunglasses Market: Dynamics

Key factors estimated to drive the growth of the global Plano sunglasses market is increasing health awareness regarding the protection and safety of eyes and increasing the young population in developing countries across the globe.

In addition, increasing adoption of fashionable sunglasses, changing lifestyles, and availability of advanced technology products in urban areas are other important factors expected to drive the growth of the target market. Moreover, increasing purchasing power and a growing wearer base is expected to support the growth of plano sunglasses market in the next coming years.

However, majority of people are affected by eye deficiencies such as hyper myopia and myopia which may hamper demand for sunglasses and is expected to restrain growth of the target market. In addition, large number of people rely on spectacles which is expected to hamper growth of the plano sunglasses market.

Global Plano Sunglasses Market: Segment Analysis

Among the product type segments, the non-polarized segment is expected to register major revenue share, due to increasing adoption among consumers. In addition, the non-polarized sunglasses reduce the intensity of visible light entering in the eye. The polarized segment is expected to register a high growth rate over the forecast period, owing to offers the various polarized colors with different benefits.

Among the material type segments, the CR-39 segment is projected to account for major share contribution and expected to register high growth rate in years to come, due to its cost effectiveness and durability.

Global Plano Sunglasses Market: Regional Analysis

The market in North America is projected to register significant share in terms of revenue and expected to maintain its dominance in global plano sunglasses market over the forecast period. This is primarily due to high affordability limit and presence of major manufacturing companies in countries such as Canada and US in the region.

The market in Europe is projected to register moderate growth rate in the next 10 years.  Increasing demand for plano sunglasses from countries such as Spain and Italy is projected to drive the target market. The market in Asia Pacific is expected to register fastest CAGR in the next 10 years, due to changing preference of consumers and high spending power are factors expected to support revenue growth of the Asia Pacific market in years to come.

Global Plano Sunglasses Market Segmentation:

Segmentation by Product Type:

• Polarized
• Non-Polarized

Segmentation by Material Type:

• Polycarbonate
• CR-39
• Polyurethane

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa