PUBLISHER: Market Research Future | PRODUCT CODE: 1532340
PUBLISHER: Market Research Future | PRODUCT CODE: 1532340
Global Sports Eyewear Market Research Report Information By Type (Sunglasses, Eyeglasses, Googles, Contact Lenses and Spectacles), Price Range (Classic/Mass and Premium), By Application (Outdoor Sports & Travelling, Water Sports, Ski Sports and Others), By End User (Men, Women, Kids and Unisex), By Distribution Channel (Store-Based and Non-Store Based) And By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) - Forecast Till 2032
The Sports Eyewear market is expected to increase from USD 9777.8 million in 2024 to USD 13745.9 million by 2032, with a compound yearly growth rate (CAGR) of 4.35% over the forecast period (2024-2032). The ongoing demand for sports eyewear is driven by increased knowledge of eye protection, advances in lens technology, and a global embrace of an active lifestyle. Furthermore, shoppers search out things that correspond with their lifestyle preferences. In recent years, the worldwide sport eyewear industry has seen a transformation, owing in large part to athletes' and sports enthusiasts' growing awareness of the critical need of eye protection.
In recent years, the worldwide sport eyewear industry has seen a transformation, owing in large part to athletes' and sports enthusiasts' growing awareness of the critical need of eye protection. This understanding is a watershed moment in the business, upgrading sports eyeglasses from a performance-enhancing accessory to a critical component of athlete safety and well-being. Historically, sports eyewear related to vision correction and improved visual acuity, catering to sportsmen looking to gain a competitive advantage in their sports. However, as our understanding of the eyes' vulnerability to potential injury during athletic activities grew, public views toward sports eyewear shifted dramatically. Athletes and enthusiasts alike began to see the necessity for eyeglasses that not only improved their visual performance but also provided strong protection against the numerous hazards experienced in varied sporting conditions.
Market Segment insights
The Sports Eyewear Market is divided into five types: sunglasses, eyeglasses, googles, contact lenses, and spectacles.
Based on pricing, the market is divided into two categories: classic/mass and premium.
The Sports Eyewear Market has been segmented by application into outdoor sports and travel, aquatic sports, ski sports, and others.
The market has been categorized by end users into males, women, children, and unisex.
Based on distribution channels, the market has been divided into two categories: store-based and non-store-based.
Regional insights
Europe had the greatest market share of 31.74%, growing at a CAGR of 4.40% between 2023 and 2032. The European sports eyewear market is seeing significant expansion, driven by a combination of reasons such as increased emphasis on sports participation, increased awareness of eye protection, and ongoing advancements in eyewear technology.
The North American sports eyewear market has grown significantly, with an increase in demand for specialist eyewear meant to improve athletic performance and provide eye protection during a variety of sporting activities.
The Asia-Pacific sports eyewear market is expanding rapidly, driven by rising sports participation, increased awareness of eye protection, and technological advances in eyewear design. This active industry serves a wide variety of sports fans, providing specialist eyewear solutions that improve both performance and safety.
The South American sports eyewear market is expanding rapidly, driven by an increase in interest and involvement in a variety of sporting activities throughout the area. As sports enthusiasts become more aware of the significance of eye protection and performance-enhancing eyewear, the market has responded with a varied selection of goods suited to the specific demands of athletes competing in various sports.
The Middle East and Africa sports eyewear market is witnessing significant expansion, driven by a mix of factors such as increased interest in sports participation, increased awareness of eye protection, and ongoing advancements in eyewear technology.
Nike, Inc. (US), EssilorLuxottica (France), Adidas AG (Germany), Carl Zeiss AG (Germany), MYKITA GmbH (Germany), Under Armour Inc. (US), HEAD Sport GmbH (Australia), Speedo International (US), Prohero Group Co., Ltd. (China), Rudy Project (Italy), and Safilo Group (Italy) are among the major players in the Sports Eyewear industry.