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Global Luxury Sunglasses Market to Grow at a CAGR of 6.51% During 2017-2021 - Essilor, LOUIS VUITTON, Luxottica Group, Safilo Group


Albany, NY -- (SBWIRE) -- 08/28/2017 -- Luxury sunglasses are premium sunglasses that are highly expensive and are specially made for high-end customers who purchase products based on their labels than on features. These are mostly used as fashion accessories than to avoid direct intense light. Continuous exposure to harmful ultraviolet (UV) radiations can harm the retina of the eyes and lead to various other eye problems. The use of sunglasses can prevent sunlight and high-visibility intense light from damaging the eyes.

The global luxury sunglasses market to grow at a CAGR of 6.51% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global luxury sunglasses market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales of different types of luxury sunglasses.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global Luxury Sunglasses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Essilor
- Luxottica Group
- Safilo Group

Other prominent vendors
- Alexander McQueen
- De Rigo Vision
- Guccio Gucci
- Marchon Eyewear
- Marcolin

Market driver
- Premiumization in luxury sunglasses industry
- For a full, detailed list, view our report

Market challenge
- Increase in availability of counterfeit products
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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