Asia Pacific Sports Sunglasses Market Forecast to 2030
Asia Pacific Sports Sunglasses Market Forecast to 2030 – Regional Analysis – by Type (Polarized and Non-Polarized), Category (Men, Women, Unisex, and Kids), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
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Description
Rising Focus on Technological Advancements Drive Asia Pacific Sports Sunglasses Market
Technological advancements offer various benefits that cater to consumers’ evolving needs and preferences. One crucial aspect of technological advancements is the improvement in lens technology. Sports sunglasses have advanced lens coatings, such as polarized and photochromic technology. Polarized lenses reduce glare and enhance contrast, which makes them ideal for water sports, skiing, and driving activities. Photochromic lenses adapt to changing light conditions that provides versatility for users engaged in various outdoor sports. These technological enhancements improve visual comfort and the overall experience, making sports sunglasses attractive to consumers.
Another area of innovation is the use of lightweight and durable materials in sports sunglasses. Advanced materials such as TR-90 and carbon fiber make the frames of sports sunglasses robust and lightweight, offering comfort and durability for athletes. Lightweight frames are essential for sports where every ounce matters, such as cycling or running. Sports sunglasses made of lightweight materials are suitable for extended use during physical activities and can help reduce the risk of discomfort or fatigue.
Additionally, customization and smart features have become a part of the technological advancement in sports sunglasses. Some brands offer customizable options, allowing customers to choose frame colors, lens tints, and other design elements. Furthermore, smart features such as heads-up display integrated Bluetooth connectivity, and fitness tracking are emerging in sports sunglasses. These features enhance the user experience by providing valuable data and connectivity, making them appealing to tech-savvy consumers.
Technological advancements enhance functionality, comfort, and style of customers. These innovations cater to the specific needs of athletes and attract a broader consumer base looking for the latest in eyewear technology. As technology advances, sports sunglasses can offer an ever-improving combination of performance and style, contributing to the growth and evolution of the market.
Asia Pacific Sports Sunglasses Market Overview
Rising interest and participation in sports and other recreational activities drive the demand for sports sunglasses across the region. The region hosts a number of international sports events, which is expected to drive the market growth. For instance, Japan was the host of Olympics in 2023, and India hosted the Cricket world cup in 2023. A number of global companies are launching exclusive stores in the emerging economies of Asia Pacific to increase their customer base, which will drive the regional market further.
A surge in online retail platforms that provide easy access to a wide variety of sports sunglasses further boosts their sales. Moreover, Asia Pacific is witnessing a trend of the adoption of smart sunglasses, integrated with technologies such as fitness trackers and augmented reality. Manufacturers increasingly focus on eco-friendly materials and sustainable manufacturing processes, which resonates with environmentally conscious consumers. Customized and personalized sports sunglasses are also gaining popularity among sports enthusiasts in Asia Pacific, catering to individual preferences and needs. Collaborations with athletes and celebrities for product endorsements and offerings in limited-edition collections are common trends in the marketing of sports sunglasses, which further fuels the demand for sports sunglasses across the region.
Asia Pacific Sports Sunglasses Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Sports Sunglasses Market Segmentation
The Asia Pacific sports sunglasses market is segmented into type, category, distribution channel, and country.
Based on type, the Asia Pacific sports sunglasses market is bifurcated into polarized and non-polarized. The non-polarized segment held a larger share of the Asia Pacific sports sunglasses market in 2022.
Based on category, the Asia Pacific sports sunglasses market is segmented into men, women, unisex, and kids. The men segment held the largest share of the Asia Pacific sports sunglasses market in 2022.
Based on distribution channel, the Asia Pacific sports sunglasses market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the Asia Pacific sports sunglasses market in 2022.
Based on country, the Asia Pacific sports sunglasses market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific sports sunglasses market in 2022.
Adidas AG, Columbia Sportswear Co, Decathlon SE, EssilorLuxottica SA, Nike Inc, Puma SE, Rapha Racing Ltd, Safilo Group SpA, and Under Armour Inc are some of the leading companies operating in the Asia Pacific sports sunglasses market.
Summary Info
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According to the Research Team’ research, the Asia Pacific sports sunglasses market was valued at US$ 1,314.13 million in 2022 and is expected to reach US$ 1,987.96 million by 2030, registering a CAGR of 5.3% from 2022 to 2030. Upsurging participation in sports activities and increasing awareness of UV protection are among the critical factors attributed to the Asia Pacific sports sunglasses market expansion.
Prolonged exposure to ultraviolet (UV) radiation, especially in outdoor settings, can lead to various eye conditions and diseases such as cataracts, photokeratitis, and pterygium. These conditions can result in discomfort, vision impairment, and, in some cases, permanent eye damage. When engaged in sports or other outdoor activities, individuals require clear and unimpaired vision to perform at their best. Excessive exposure to UV rays can lead to squinting, discomfort, and reduced visual clarity. Sports sunglasses with UV protection ensure that athletes can maintain optimal vision and focus during their activities, enhancing their overall performance.
In addition to the immediate impact on eye health and performance, the long-term consequences of UV exposure cannot be underestimated. UV radiation is a known factor in developing eye-related conditions, such as age-related macular degeneration. As people become more aware of these long-term risks, they increasingly invest in sports sunglasses with adequate UV protection as a preventive measure to safeguard their eye health for years to come. This awareness leads to innovations in UV protection technologies, ensuring that consumers have access to the best possible eye protection. This aspect has led to a growing demand for sports sunglasses that combine UV protection with advanced lens technologies, making them indispensable gear for sports and outdoor adventures. Thus, recognizing the importance of UV protection, consumers increasingly seek sports sunglasses that offer both style and performance and effective UV shielding, which drives the sports sunglasses market growth.
On the contrary, seasonality of demand hampers the Asia Pacific sports sunglasses market.
Based on type, the Asia Pacific sports sunglasses market is bifurcated into polarized and non-polarized. The non-polarized segment held 74.9% share of Asia Pacific sports sunglasses market in 2022, amassing US$ 983.83 million. It is projected to garner US$ 1,461.22 million by 2030 to expand at 5.1% CAGR during 2022-2030.
Based on category, the Asia Pacific sports sunglasses market is segmented into men, women, unisex, and kids. The men segment held 44.7% share of Asia Pacific sports sunglasses market in 2022, amassing US$ 587.46 million. It is projected to garner US$ 821.72 million by 2030 to expand at 4.3% CAGR during 2022-2030.
Based on distribution channel, the Asia Pacific sports sunglasses market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 48.5% share of Asia Pacific sports sunglasses market in 2022, amassing US$ 637.36 million. It is projected to garner US$ 979.50 million by 2030 to expand at 5.5% CAGR during 2022-2030.
Based on country, the Asia Pacific sports sunglasses market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 35.1% share of Asia Pacific sports sunglasses market in 2022. It was assessed at US$ 460.85 million in 2022 and is likely to hit US$ 684.37 million by 2030, exhibiting a CAGR of 5.1% during 2022-2030.
Key players operating in the Asia Pacific sports sunglasses market are Adidas AG, Columbia Sportswear Co, Decathlon SE, EssilorLuxottica SA, Nike Inc, Puma SE, Rapha Racing Ltd, Safilo Group SpA, and Under Armour Inc, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Sport Sunglasses Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Sports Sunglasses Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials:
4.3.2 Manufacturing Process:
4.3.3 Distribution Channel:
4.3.4 List of Vendors
5. Asia Pacific Sports Sunglasses Market – Key Industry Dynamics
5.1 Asia Pacific Sports Sunglasses Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Upsurging Participation in Sports Activities
5.2.2 Increasing Awareness of UV Protection
5.3 Market Restraints
5.3.1 Seasonality of Demand
5.4 Market Opportunities
5.4.1 Rising Focus on Technological Advancements:
5.5 Future Trends
5.5.1 Emerging Inclination Toward Sustainable and Eco-Friendly Products
5.6 Impact of Drivers and Restraints:
6. Sports Sunglasses Market – Asia Pacific Market Analysis
6.1 Asia Pacific Sports Sunglasses Market Revenue (US$ Million), 2022 – 2030
6.2 Asia Pacific Sports Sunglasses Market Forecast and Analysis
7. Asia Pacific Sports Sunglasses Market Analysis – Type
7.1 Polarized
7.1.1 Overview
7.1.2 Polarized: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Non-Polarized
7.2.1 Overview
7.2.2 Non-Polarized: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Sports Sunglasses Market Analysis – Category
8.1 Men
8.1.1 Overview
8.1.2 Men: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Women
8.2.1 Overview
8.2.2 Women: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Unisex
8.3.1 Overview
8.3.2 Unisex: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Kids
8.4.1 Overview
8.4.2 Kids: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Sports Sunglasses Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Specialty Stores
9.2.1 Overview
9.2.2 Specialty Stores: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Asia Pacific Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Sports Sunglasses Market – Country Analysis
10.1 Asia Pacific
10.1.1 Asia Pacific Sports Sunglasses Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 Asia Pacific Sports Sunglasses Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 Australia: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Australia: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.2.2 Australia: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.2.3 Australia: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.3 China: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 China: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.3.2 China: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.3.3 China: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.4 India: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 India: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.4.2 India: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.4.3 India: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.5 Japan: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 Japan: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.5.2 Japan: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.5.3 Japan: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.6 South Korea: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 South Korea: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.6.2 South Korea: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.6.3 South Korea: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.7 Rest of APAC: Asia Pacific Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.7.1 Rest of APAC: Asia Pacific Sports Sunglasses Market Breakdown by Type
10.1.1.7.2 Rest of APAC: Asia Pacific Sports Sunglasses Market Breakdown by Category
10.1.1.7.3 Rest of APAC: Asia Pacific Sports Sunglasses Market Breakdown by Distribution Channel
11. Company Profiles
11.1 Columbia Sportswear Co
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 EssilorLuxottica SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Under Armour Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Nike Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Rapha Racing Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Puma SE
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Decathlon SE
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Adidas AG
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Safilo Group SpA
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Research Team
LIST OF TABLES
Table 1. Asia Pacific Sports Sunglasses Market Segmentation
Table 2. List of Raw Material Suppliers, Manufacturers, and Retailers in Value Chain
Table 3. Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 5. Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Category
Table 6. Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 7. Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 8. Australia: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 9. Australia: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 10. Australia: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 11. China: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 12. China: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 13. China: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 14. India: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 15. India: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 16. India: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 17. Japan: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 18. Japan: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 19. Japan: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 20. South Korea: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 21. South Korea: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 22. South Korea: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 23. Rest of APAC: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 24. Rest of APAC: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 25. Rest of APAC: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
LIST OF FIGURES
Figure 1. Asia Pacific Sports Sunglasses Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Asia Pacific Sports Sunglasses Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Sports Sunglasses Market Revenue (US$ Million), 2022 – 2030
Figure 6. Asia Pacific Sports Sunglasses Market Share (%) – Type, 2022 and 2030
Figure 7. Polarized: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Non-Polarized: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Asia Pacific Sports Sunglasses Market Share (%) – Category, 2022 and 2030
Figure 10. Men: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Women: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Unisex: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Kids: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Asia Pacific Sports Sunglasses Market Share (%) – Distribution Channel, 2022 and 2030
Figure 15. Supermarkets and Hypermarkets: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Specialty Stores: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Online Retail: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Asia Pacific Sports Sunglasses Market, By Key Country – Revenue (2022) (US$ Million)
Figure 20. Asia Pacific Sports Sunglasses Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Australia: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. China: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. India: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Japan: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. South Korea: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Rest of APAC: Asia Pacific Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Asia Pacific Sports Sunglasses Market
1. Adidas AG
2. Columbia Sportswear Co
3. Decathlon SE
4. EssilorLuxottica SA
5. Nike Inc
6. Puma SE
7. Rapha Racing Ltd
8. Safilo Group SpA
9. Under Armour Inc
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