Plano Sunglasses Market Detailed Analysis from 2019 to 2024, Key Players: Luxottica Group, Safilo Group, Marcolin Eyewear, Kenmark, FGX International

North America and Europe are the two main geographies that account for quite some major portion of the global plano sunglasses market.

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Sellbyville, DE -- (SBWire) -- 06/19/2019 --Growing consumer awareness pertaining to the eye health is providing a significant impetus to the product demand. Plano sunglasses are fitted with non-prescriptive lenses, that protect the eyes from harmful ultraviolet rays. The American Optometric Association in a recent study depicted that over exposure to UV rays which increase the risk of macular degeneration can be combated by sunglasses with high eye protection factor (EPF). Plano sunglasses market has been witnessing a remarkable growth rate worldwide with the increasing technological intervention in the global eyewear industry.

North America and Europe are the two main geographies that account for quite some major portion of the global plano sunglasses market. With U.S. at the growth front, North America is anticipated to chart a profitable road map in the years ahead. The growth projection of the region can be majorly credited to the increasing accessibility of eyewear in the region, specifically in the U.S. and the widespread awareness among the masses regarding eye protection.

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Concentration of leading competitors along with high price trends have been expediting the U.S. plano sunglasses market. As per estimates, U.S. plano sunglasses industry will accrue USD 1.6 billion by 2024 from online stores. Additionally, it also provides high impact resistance as well as suitability in extreme weather conditions, thereby driving polyurethane market.

Polyurethene plano sunglasses market will also experience steady growth in the years ahead, having held 36 million units in terms of volume in 2016. The primary reason for the expansion of this material is the ever-rising awareness among consumers regarding their looks and style. Incidentally, polyurethane is known for offering exceptional style and a highly aesthetic look.

Due to the enormous untapped opportunities in this market, key players are continuously trying to expand their distribution channel on a global scale. Two such big names who accounted for a significant portion of the overall plano sunglasses market share in past years are Safilo and Luxottica. Other prominent industry participants include Marcolin, Marchon Eyewear, and De Rigo.

The nonpolarized plano sunglasses are also expected to accumulate considerable momentum in the years ahead. Driven by the exceptional benefits of these products, such as excellent optical features and the reduction of visible light entering the eyes, not to mention, cost-effectiveness, non-polarized plano sunglasses market share will register a CAGR of 4.5% over 2017-2024.

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Polarized products have lately been gaining exceptional momentum in aesthetic eyewear market, owing to its benefits such as reduced glare. Although a majority of the consumers use polarized sunglasses due to their fashion quotient, in some targeted usage such as cycling, these glasses seem to be the most relevant choice. Indeed, powered by their enhanced safety and improved vision, polarized plano sunglasses market size had been pegged at USD 10 billion in 2016.

The fragmented business landscape of plano sunglasses market is quite evident from the changing materials trends that are used in the manufacturing of these glasses. Polycarbonate, polyurethane, and CR -39 are some of the materials that will experience a surging demand in the market. CR- 39 is one of the most preferred materials used in lens production. Cost affordability is the prime factor allowing better penetration of CR-39 plano glass market to a major section of the population.

The Plano Sunglasses market report offers detailed competitive landscape of the global market. It includes companies, industry statistics, market share analysis and product portfolio of the major industry participants. The report provides detailed segmentation of the Plano Sunglasses market based on product, technology, end user and region.

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