Worldwide Sunglasses Industry to 2027 - Introduction of Augmented Reality Technology in Sunglasses Presents Opportunities
Dublin, June 17, 2021 (GLOBE NEWSWIRE) -- The "Sunglasses Market by Type, Design, Frame Material and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027" report has been added to ResearchAndMarkets.com''s offering. The global sunglasses market size was valued at $16,851 million in 2019, and is estimated to reach $18,164 million by 2027, registering a CAGR of 4.2% from 2021 to 2027. Growth in demand for fashionable accessories and functional products that offers the health benefits among the youth is a significant factor propelling the growth of the global sunglasses market. The sunglasses are not only perceived as a fashion accessory but it also protects the eyes from the harmful UV rays of the sun. Exposure to the sun for a long time may cause cataracts and other eye-related diseases. The sunglasses offer comfort to eyes and protection from the glare of the sun. Increase in consumer awareness regarding vision care and rise in disposable income are the driving factors that are expected to fuel the growth of the global sunglasses market during the forecast period.
Worldwide Sunglasses Industry to 2027 - Introduction of Augmented Reality Technology in Sunglasses Presents Opportunities
Dublin, June 17, 2021 (GLOBE NEWSWIRE) -- The "Sunglasses Market by Type, Design, Frame Material and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027" report has been added to ResearchAndMarkets.com''s offering. The global sunglasses market size was valued at $16,851 million in 2019, and is estimated to reach $18,164 million by 2027, registering a CAGR of 4.2% from 2021 to 2027. Growth in demand for fashionable accessories and functional products that offers the health benefits among the youth is a significant factor propelling the growth of the global sunglasses market. The sunglasses are not only perceived as a fashion accessory but it also protects the eyes from the harmful UV rays of the sun. Exposure to the sun for a long time may cause cataracts and other eye-related diseases. The sunglasses offer comfort to eyes and protection from the glare of the sun. Increase in consumer awareness regarding vision care and rise in disposable income are the driving factors that are expected to fuel the growth of the global sunglasses market during the forecast period.