Analysis - by Type (Polarized and Non-Polarized), Category (Men, Women, Unisex, and Kids), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
The Europe sports sunglasses market is expected to grow from US$ 1,527.71 million in 2022 to US$ 2,139.56 million by 2030. It is estimated to grow at a CAGR of 4.3% from 2022 to 2030.
Increasing Awareness of UV Protection Drive Europe Sports Sunglasses Market
Prolonged exposure to ultraviolet (UV) radiation, especially in outdoor settings, can lead to various eye conditions and diseases such as cataracts, photokeratitis, and pterygium. These conditions can result in discomfort, vision impairment, and, in some cases, permanent eye damage. When engaged in sports or other outdoor activities, individuals require clear and unimpaired vision to perform at their best. Excessive exposure to UV rays can lead to squinting, discomfort, and reduced visual clarity. Sports sunglasses with UV protection ensure that athletes can maintain optimal vision and focus during their activities, enhancing their overall performance.
In addition to the immediate impact on eye health and performance, the long-term consequences of UV exposure cannot be underestimated. UV radiation is a known factor in developing eye-related conditions, such as age-related macular degeneration. As people become more aware of these long-term risks, they increasingly invest in sports sunglasses with adequate UV protection as a preventive measure to safeguard their eye health for years to come. This awareness leads to innovations in UV protection technologies, ensuring that consumers have access to the best possible eye protection. This aspect has led to a growing demand for sports sunglasses that combine UV protection with advanced lens technologies, making them indispensable gear for sports and outdoor adventures. Thus, recognizing the importance of UV protection, consumers increasingly seek sports sunglasses that offer both style and performance and effective UV shielding, which drives the sports sunglasses market growth.
Europe Sports Sunglasses Market Overview
In Europe, the increasing participation in sports and outdoor activities has created a higher demand for sports-specific sunglasses, especially among athletes and enthusiasts. According to the Eurobarometer survey, in 2022, more than 53 million European Union citizens joined sports clubs. Sports clubs are highly embedded in the culture and social life of the European Union (EU). Moreover, the increasing demand for sports sunglasses from consumers participating in various winter games, such as ice hockey and snowboarding, is one of the major factors anticipated to propel the market growth in the region.
Technological advancements in lenses, frame materials, and smart features further enhance the functionality and appeal of sports sunglasses, which benefits the market in this region. The growing awareness of the harmful effects of UV rays on eyes further propels the demand for sports sunglasses, especially those with UV protection and polarization features. There is a growing trend toward sustainable and eco-friendly products. Sports sunglasses made from recycled materials or using eco-conscious procedures are gaining popularity among environmentally conscious consumers in the region. In April 2023, SunGod, a British brand, received B Corp Certification to strengthen the image of its sustainable brand further. SunGod sports sunglasses are made from 100% recycled material. The company also partners with like-minded organizations such as Surfers Against Sewage, The Bike Project, and 1% for the Planet, contributing 1% of its revenue to sustainability-focused non-profit outcomes.
Europe Sports Sunglasses Market Revenue and Forecast to 2030 (US$ Million)
Europe Sports Sunglasses Market Segmentation
The Europe sports sunglasses market is segmented into type, category, distribution channel, and country.
Based on type, the Europe sports sunglasses market is bifurcated into polarized and non-polarized. The non-polarized segment held a larger share of the Europe sports sunglasses market in 2022.
Based on category, the Europe sports sunglasses market is segmented into men, women, unisex, and kids. The men segment held the largest share of the Europe sports sunglasses market in 2022.
Based on distribution channel, the Europe sports sunglasses market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the Europe sports sunglasses market in 2022.
Based on country, the Europe sports sunglasses market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe sports sunglasses market in 2022.
Adidas AG, Columbia Sportswear Co, Decathlon SE, EssilorLuxottica SA, Nike Inc, Puma SE, Rapha Racing Ltd, Safilo Group SpA, and Under Armour Inc are some of the leading companies operating in the Europe sports sunglasses market.
Europe Sports Sunglasses Strategic Insights
Strategic insights for the Europe Sports Sunglasses provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Europe Sports Sunglasses Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,527.71 Million
Market Size by 2030
US$ 2,139.56 Million
Global CAGR (2022 - 2030)
4.3%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Polarized
Non-Polarized
By Category
Men
Women
Unisex
Kids
By Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Adidas AG
Columbia Sportswear Co
Decathlon SE
EssilorLuxottica SA
Nike Inc
Puma SE
Rapha Racing Ltd
Safilo Group SpA
Under Armour Inc
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Europe Sports Sunglasses Regional Insights
The geographic scope of the Europe Sports Sunglasses refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - Europe Sports Sunglasses Market
1. Adidas AG
2. Columbia Sportswear Co
3. Decathlon SE
4. EssilorLuxottica SA
5. Nike Inc
6. Puma SE
7. Rapha Racing Ltd
8. Safilo Group SpA
9. Under Armour Inc
Frequently Asked Questions
How big is the Europe Sports Sunglasses Market?
The Europe Sports Sunglasses Market is valued at US$ 1,527.71 Million in 2022, it is projected to reach US$ 2,139.56 Million by 2030.
What is the CAGR for Europe Sports Sunglasses Market by (2022 - 2030)?
As per our report Europe Sports Sunglasses Market, the market size is valued at US$ 1,527.71 Million in 2022, projecting it to reach US$ 2,139.56 Million by 2030. This translates to a CAGR of approximately 4.3% during the forecast period.
What segments are covered in this report?
The Europe Sports Sunglasses Market report typically cover these key segments-
Type (Polarized, Non-Polarized)
Category (Men, Women, Unisex, Kids)
Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail)
What is the historic period, base year, and forecast period taken for Europe Sports Sunglasses Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Sports Sunglasses Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Europe Sports Sunglasses Market?
The Europe Sports Sunglasses Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Adidas AG
Columbia Sportswear Co
Decathlon SE
EssilorLuxottica SA
Nike Inc
Puma SE
Rapha Racing Ltd
Safilo Group SpA
Under Armour Inc
Who should buy this report?
The Europe Sports Sunglasses Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Sports Sunglasses Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
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Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
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