Global Cycling Sunglasses Market by Product Type (Polarized and Non-polarized), By Gender (Men, Women, and Kids), By Distribution Channel (Online Sports Specialists, Online Sports Generalists, and Traditional Offline Retailers), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Market.US announces publication of its most recently generated research report titled, “Global Cycling Sunglasses Market by Product Type (Polarized and Non-polarized), Gender (Men, Women, and Kids), By Distribution Channel (Online Sports Specialists, Online Sports Generalists, and Traditional Offline Retailers), and by Region – Global Forecast 2021 to 2030”, which offers a holistic view of the Global cycling sunglasses market through systematic segmentation that covers every aspect of the target market.

The Global cycling sunglasses market is projected to be US$ 772.1 Mn in 2021 to reach US$ 1,243.3 Mn by 2030 at a CAGR of 5.4%.

Sunglasses are a form of protective eyewear, that shields an individual’s eyes from UV light, bright sun light, as well as high-energy visible light. These accessories also prevent damage to eyes from various particles in the air, such as dirt, dust, and other projectiles. Sunglasses may also be used for various purposes apart from general eye protection, such as for purposes related to fashion, sports, and eye sight correction.

Sunglasses are also informally known as shades or glares. Long-term exposure to ultra-violet light can increase the risk of various eye ailments, such as cataracts, myopia, keratitis, dry eyes, etc., however, wearing sunglasses block UV rays, thereby reducing the risk of any aforementioned disorders to a significant extent.

Global Cycling Sunglasses Market Revenue (US$ Mn), 2021–2031

Source: Prudour, 2021

Increasing concerns towards the protection of cyclist’ eyes from UV rays and other particles in the air, coupled with trending fashionable designs that further compliment the ensemble of a rider, are some of the primary factors that are expected to bolster the revenue growth of this global market. In addition, high sponsorships for cycling events, along with paid promotions by various companies to garner a greater number of customers are also factors that are expected to further boost the profit margins of the global cycling sunglasses market in the years to come.

The COVID-19 pandemic has caused the cancellation of several sporting events around the world, as a way to slow the trajectory of this virus. Additionally, several nations have applied strict restrictions such as closures and limited business activities as respective countermeasures. This has created a significant gap in supply and demand, as well as clogged manufacturing processes in various industries.

However, this is expected to hamper the revenue growth of the global cycling sunglasses market as the market is expected to return to its pre-COVID state once the threat from this virus subsides.

Segmentation of the global cycling sunglasses market is as follows – product type, gender, distribution channel, & region. On the basis of product type, the market is further categorized into polarized and non-polarized. The polarized segment is expected to account for the majority revenue share of his sector. In terms of gender, the market is segmented into men, women, and kids.

The men’s segment is expected to account for the majority revenue share, followed by the women’s segment. In terms of distribution channel, this market is segmented into online sports specialists, online sports generalists, and traditional offline retailers. The online sports generalists segment is expected to have a highest CAGR.

Global Cycling Sunglasses Market Attractiveness Analysis by Product Type, 2021–2030

The cycling sunglasses market is segmented region-wise into North America, Europe, Asia-Pacific, South America, and the MEA, respectively. Among these aforementioned regions, the markets in the Europe segment are expected to index the highest number of revenue shares over the forecast period.

The research report on the global cycling sunglasses market includes profiles of some of the major companies such as

• NIKE Inc
• Luxottica Group Spa (Oakley Inc.)
• Decathlon Group
• Under Armour Inc.
• Shimano Inc.
• Uvex Group (Uvex Sports GmbH & Co.)
• Rapha Racing Limited
• Kopin Corporation
• POC Sports
• Rudy Project Spa
• ASSOS of Switzerland GmbH
• Tifosi Optics Inc.
• KASK America Inc.
• Others

Global Cycling Sunglasses Market Segmentation Based on Product Type, Gender, Distribution Channel, and Region

Based on Product Type:

• Polarized
• Non-Polarized

Based on Gender:

• Men
• Women
• Kids

Based on Distribution Channel:

• Online Sports Specialists
• Online Sports Generalists
• Traditional Offline Retailers

Based on Regions:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

For the Cycling Sunglasses Market research study, the following years have been considered to estimate the market size: