Cycling Sunglasses Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026


Posted February 17, 2022 by neha_s

Cycling sunglasses are majorly worn by cyclists during races and training sessions.

 
Cycling sunglasses are majorly worn by cyclists during races and training sessions. Cycling sunglasses are made up of polycarbonate lenses, which helps protect the eyes from various potential eye disorders such as eye strain, bulging eyes, eye twitching, and cataract. Cycling sunglasses are highly adaptable to various climatic conditions, as the lens can be changed during monsoon, summer, and foggy weather to enhance clear vision while cycling.

Furthermore, increasing awareness of consumers regarding optical health, is in turn, boosting growth of the global cycling sunglasses market.

Market Dynamics
Rising prevalence of eye disorders caused due to cycling is driving growth of the global cycling sunglasses market. By 2050, an estimated 7.32 million people in the United States will have Primary Open-Angle Glaucoma (POAG), according to U.S. government statistics.

The global sunglasses market is expected to exhibit a CAGR of 6.3% during the forecast period, majorly due to technological advancements. The revenue in the sunglasses segment in Europe amounts to US$13,994 million in 2018 and is expected to increase to 254.69 million during the forecast period.

Market Outlook
Europe holds the largest market for cycling sunglasses, owing to high number of cyclists in the region. According to Coherent Market Insights, 19.6 million bicycles were sold across Europe in 2016. Rising awareness about eye disorders amongst the populace is fueling growth of the cycling sunglasses market in the region.

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Major Keyplayers: Oakley, Inc., Topeak, Inc., Under Armour, Inc., Uvex Sports GmbH & Co., Nike, Inc., Specialized Bicycle Components, Inc., ASSOS of Switzerland GmbH, and Kopin Corporation.

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Issued By Coherent Market Insights
Country India
Categories Business , Industry
Last Updated February 17, 2022