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Market Overview of Global Plano Sunglasses market:
According to our latest research, the global Plano Sunglasses market looks promising in the next 5 years. As of 2022, the global Plano Sunglasses market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Plano sunglasses are sunglasses without any prescription lenses. They are designed to protect the eyes from harmful UV rays and sun glare. Plano sunglasses are available in a variety of styles, colors and lens types including polarized, non-polarized and tinted lenses. They are commonly used in outdoor activities such as sports, driving and leisure activities.
Influence of COVID-19 Outbreak on Plano Sunglasses Industry Development
The outbreak of COVID-19 has led to a reduction in consumer spending, which has led to the decline in demand for luxury goods, including Plano sunglasses. With more people staying indoors and working from home due to the pandemic, there has been reduced demand for sunglasses.
The pandemic has created a disruption in the global supply chain. With various lockdowns and restrictions, the production and distribution of raw materials and finished products have been affected globally, including sunglasses. Supply chain slowdowns have caused production delays and difficulties in getting products to consumers, thereby affecting the development of the industry.
Due to the pandemic, the closure or reduced operation of physical stores has impacted the Plano sunglasses industry, especially for businesses that rely on brick-and-mortar operations. This reduction in the number of customers visiting physical stores is directly associated with the decreased sales and industry revenue.
E-commerce has become the trending platform for sales of most products, including Plano sunglasses due to the pandemic. With a shift to online sales and marketing for Plano sunglasses, companies are exploring digital marketing tools to reach out to their target audience to increase online sales through brand awareness campaigns and promotions.
The pandemic outbreak has instigated a shift towards more competitive sales and pricing strategies, as the economy downturn has affected the overall consumer purchasing power. Manufacturers and retailers have resorted to increasing product availability in stores and through e-commerce channels by providing discounts, promotions, and other related measures.
Demand for Plano sunglasses increases among travel and outdoor enthusiasts
Outdoor activities such as hiking, camping, and fishing have grown significantly in popularity in recent years as international travel has increased. On the one hand, the tourism industry in the United States is one of the most prosperous in the world, attracting tens of millions of tourists every year. Tourism contributes significantly to the U.S. economy, accounting for approximately 7.8% of the U.S. GDP. Sunglasses are generally an essential piece of equipment when traveling. On the other hand, according to the data of the American Outdoor Foundation, in the past three years, the number of people participating in outdoor activities in the United States has shown a steady growth of more than 3% every year. In 2020, the number of Americans aged 6 and above participating in outdoor recreational activity will surge to 160 million, with a penetration rate of 52.9%. 2020 is the year with the fastest increase in penetration rate in recent years. Among them, the number of hikers in the United States in 2020 will increase by 8.1 million compared with 2019, and the number of campers will increase by 7.9 million year-on-year. The surge in the number of participants in outdoor activities has directly brought about the explosive growth in the demand for outdoor products, which has also boosted the prosperity of the outdoor equipment industry. Because traveling and outdoor lovers stay in the sun for a long time, it is harmful to their eyes. Plano sunglasses provide protection from harmful UV rays, reducing the risk of eye damage and other related health problems, and are comfortable to wear, making them ideal for outdoor activities. The increasing demand for plano sunglasses from travel and outdoor sports enthusiasts has also promoted the demand for plano sunglasses.
Company Overview:
EssilorLuxottica is a multinational corporation that designs, manufactures, and distributes lenses, frames, and sunglasses. The company owns several popular eyewear brands, including Ray-Ban, Oakley, and Persol.
EssilorLuxottica is a multinational corporation that designs, manufactures, and distributes lenses, frames, and sunglasses. The company owns several popular eyewear brands, including Ray-Ban, Oakley, and Persol.
Safilo is an Italian company that designs, produces, and distributes glasses and sunglasses under its own brand and licensed brands, including Dior and Fendi. The company also provides eyewear to major fashion and sports brands.
Segmentation Overview:
Among different product types, Non-polarized segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Retail Stores segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Plano Sunglasses market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Plano Sunglasses Market Report:
Market Size Estimates: Plano Sunglasses market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Plano Sunglasses market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Plano Sunglasses market
Segment Market Analysis: Plano Sunglasses market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Plano Sunglasses market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Plano Sunglasses Market: Revenue and sales volume of major countries in each region
Plano Sunglasses Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Plano Sunglasses market in major regions.
Plano Sunglasses Industry Value Chain: Plano Sunglasses market raw materials & suppliers, manufacturing process, distributors, downstream customers
Plano Sunglasses Industry News, Policies & Regulations
Key players in the global Plano Sunglasses market are covered in Chapter 12:
EssilorLuxottica
Marcolin Eyewear
De Rigo
Randolph Engineering, Inc.
Safilo
Marchon Eyewear
Maui Jim
In Chapter 2 and Chapter 15.1, based on types, the Plano Sunglasses market from 2018 to 2028 is primarily split into:
Polarized
Non-Polarized
In Chapter 3 and Chapter 15.2, based on applications, the Plano Sunglasses market from 2018 to 2028 covers:
Online Stores
Specialty Stores
Eyecare Professionals
Optical Stores
Retail Stores
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Plano Sunglasses market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028