Middle East & Africa Sports Sunglasses Market Forecast to 2030
Middle East & Africa 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
Emerging Inclination Toward Sustainable and Eco-Friendly Products Drive Middle East & Africa Sports Sunglasses Market
Growing awareness regarding sustainable and eco-friendly products and commitment to environmental responsibility among consumers and manufacturers propel the demand for products aligning with their eco-conscious values. As environmental concerns become pronounced, individuals participating in outdoor activities and sports seek products that minimize their ecological footprint. Sports sunglasses made of sustainable materials, such as recycled plastics, bamboo, or other biodegradable options, gain popularity. These materials reduce the environmental impact of manufacturing and offer a sustainable end-of-life cycle, which resonates with eco-conscious consumers.
Furthermore, eco-friendly manufacturing processes and practices are becoming a focal point in the sports sunglasses market. Brands are reducing waste, minimizing energy consumption, and lowering their carbon footprint while producing eyewear. This commitment to sustainable practices enhances the brand’s reputation and resonates with consumers who prioritize environment-friendly products. Sea2see, a sustainable premium eyewear brand, offers sports sunglasses made of 100% up-cycled sea plastic. Also, uvex group, a manufacturer of protective eyewear, offers uvex downhill 2100 CV planet ski goggles made of consistently sustainable materials – from lens to strap. This product received an award in the “product design” category in 2022. According to the jury, the uvex downhill 2100 CV planet design remarkably cleverly responds to the desire of an environmentally conscious generation of consumers to combine sustainability and modern design. Such product launches and initiatives by various manufacturers fulfill the demand of environment-conscious consumers.
Furthermore, in response to this trend, some manufacturers are embracing circular economy principles, offering repair and recycling programs for their sports sunglasses. This approach extends the lifespan of products and minimizes waste, appealing to consumers looking for long-lasting and sustainable eyewear options. By integrating sustainability into their core values, companies are capitalizing on a growing demand for eco-friendly sports sunglasses and contributing to a more environmentally responsible sports industry.
Middle East & Africa Sports Sunglasses Market Overview
The market in the region has seen prominent growth owing to extensive government investments in the sports sector. For instance, Gulf Cooperation Council (GCC) member states, including Saudi Arabia and the UAE, spent over US$ 65 billion on sports development in 2022, with a prime focus on football and e-sports, which are deemed to have the most significant potential for revenue growth. Simultaneously, the arrangement of major sporting events is on the rise across the region. Saudi Arabia has hosted “The Darker Rally” event for motorsport since 2020, which has been attracting thousands of the world’s off-road drivers to the deserts of Saudi Arabia. In March 2023, the UAE hosted the Dubai Racing World Cup at the Meydan Racecourse. Therefore, hosting mega sporting events benefits the region’s economy, leading to awareness regarding such sports among the masses, which subsequently results in increased participation in various sports activities every year. Sportsmen in car racing, cycling, and water sports require sports sunglasses. Sunglasses incorporated with polycarbonate-polarized lenses and multiple lamination layers fused into one rigid lens provide superior optical qualities during sports action. Even hard coating, tinting, polarized, UV absorbing, and impact resistance layers deliver outstanding protection from glare, impact, and harmful UV rays.
The increasing awareness about the importance of sports and physical fitness among individuals and fitness enthusiasts is further driving the demand for sports sunglasses in the Middle East & Africa. As people are increasingly participating in various sports, the need for sports equipment and accessories such as sports sunglasses has surged. Additionally, factors such as rising disposable income resulted in more spending on high-quality sports sunglasses, further bolstering the sports sunglasses market growth across the Middle East & Africa.
Middle East & Africa Sports Sunglasses Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Sports Sunglasses Market Segmentation
The Middle East & Africa sports sunglasses market is segmented into type, category, distribution channel, and country.
Based on type, the Middle East & Africa sports sunglasses market is bifurcated into polarized and non-polarized. The non-polarized segment held a larger share of the Middle East & Africa sports sunglasses market in 2022.
Based on category, the Middle East & Africa sports sunglasses market is segmented into men, women, unisex, and kids. The men segment held the largest share of the Middle East & Africa sports sunglasses market in 2022.
Based on distribution channel, the Middle East & Africa 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 Middle East & Africa sports sunglasses market in 2022.
Based on country, the Middle East & Africa sports sunglasses market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa sports sunglasses market in 2022.
Adidas AG, Decathlon SE, EssilorLuxottica SA, Nike Inc, Puma SE, Safilo Group SpA, and Under Armour Inc are some of the leading companies operating in the Middle East & Africa sports sunglasses market.
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According to the Research Team’ research, the Middle East & Africa sports sunglasses market was valued at US$ 445.16 million in 2022 and is expected to reach US$ 734.67 million by 2030, registering a CAGR of 6.5% from 2022 to 2030. Upsurging participation in sports activities and increasing awareness of UV protection are among the critical factors attributed to the Middle East & Africa sports sunglasses market expansion.
Many people engage in various sports and outdoor activities. Sports enthusiasts understand the importance of safeguarding their eyes from potential risks such as dust, wind, and debris. Thus, they use sports sunglasses designed to provide optimal protection and enhance performance during sports activities.
Additionally, a diverse range of sports and outdoor pursuits has created a demand for sports sunglasses tailored to fulfill specific needs. For instance, sunglasses designed for cycling often feature aerodynamic designs and interchangeable lenses for varying light conditions, whereas those meant for water sports may have polarized lenses to reduce glare. This customization is driven by rising requirements for specialized equipment, including sunglasses, by participants in different sports to achieve their best performance.
Moreover, the cultural shift toward a healthier and active lifestyle has increased the number of people performing sports and outdoor activities. This shift is not limited to competitive athletes but includes individuals participating in recreational sports, running, hiking, and other leisure activities. Sports sunglasses have become a fashion statement and a symbol of this active lifestyle. Consumers, both athletes and non-athletes, are inclined to invest in high-quality sports sunglasses that can protect their eyes and reflect their commitment to an active and health-conscious way of life. This combination of function and fashion boosts the demand for sports sunglasses.
Therefore, the rise in participation in physical activities and sports activities propels the growth of the sports sunglasses market.
On the contrary, seasonality of demand hampers the Middle East & Africa sports sunglasses market.
Based on type, the Middle East & Africa sports sunglasses market is bifurcated into polarized and non-polarized. The non-polarized segment held 77.0% share of Middle East & Africa sports sunglasses market in 2022, amassing US$ 342.87 million. It is projected to garner US$ 556.21 million by 2030 to expand at 6.2% CAGR during 2022-2030.
Based on category, the Middle East & Africa sports sunglasses market is segmented into men, women, unisex, and kids. The men segment held 47.2% share of Middle East & Africa sports sunglasses market in 2022, amassing US$ 210.13 million. It is projected to garner US$ 323.15 million by 2030 to expand at 5.5% CAGR during 2022-2030.
Based on distribution channel, the Middle East & Africa sports sunglasses market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 55.5% share of Middle East & Africa sports sunglasses market in 2022, amassing US$ 247.11 million. It is projected to garner US$ 412.30 million by 2030 to expand at 6.6% CAGR during 2022-2030.
Based on country, the Middle East & Africa sports sunglasses market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 48.9% share of Middle East & Africa sports sunglasses market in 2022. It was assessed at US$ 217.53 million in 2022 and is likely to hit US$ 335.87 million by 2030, exhibiting a CAGR of 5.6% during 2022-2030.
Key players operating in the Middle East & Africa sports sunglasses market are Adidas AG, Decathlon SE, EssilorLuxottica SA, Nike Inc, Puma SE, 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 Middle East & Africa 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 Middle East & Africa 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. Middle East & Africa 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:
5. Middle East & Africa Sports Sunglasses Market – Key Industry Dynamics
5.1 Middle East & Africa 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 – Middle East & Africa Market Analysis
6.1 Middle East & Africa Sports Sunglasses Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa Sports Sunglasses Market Forecast and Analysis
7. Middle East & Africa Sports Sunglasses Market Analysis – Type
7.1 Polarized
7.1.1 Overview
7.1.2 Polarized: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Non-Polarized
7.2.1 Overview
7.2.2 Non-Polarized: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Sports Sunglasses Market Analysis – Category
8.1 Men
8.1.1 Overview
8.1.2 Men: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Women
8.2.1 Overview
8.2.2 Women: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Unisex
8.3.1 Overview
8.3.2 Unisex: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Kids
8.4.1 Overview
8.4.2 Kids: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Sports Sunglasses Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Specialty Stores
9.2.1 Overview
9.2.2 Specialty Stores: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Middle East & Africa Sports Sunglasses Market, Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Sports Sunglasses Market – Country Analysis
10.1 Middle East and Africa
10.1.1 Middle East & Africa Sports Sunglasses Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 Middle East & Africa Sports Sunglasses Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 South Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 South Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Type
10.1.1.2.2 South Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Category
10.1.1.2.3 South Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.3 Saudi Arabia: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Saudi Arabia: Middle East & Africa Sports Sunglasses Market Breakdown by Type
10.1.1.3.2 Saudi Arabia: Middle East & Africa Sports Sunglasses Market Breakdown by Category
10.1.1.3.3 Saudi Arabia: Middle East & Africa Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.4 United Arab Emirates: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 United Arab Emirates: Middle East & Africa Sports Sunglasses Market Breakdown by Type
10.1.1.4.2 United Arab Emirates: Middle East & Africa Sports Sunglasses Market Breakdown by Category
10.1.1.4.3 United Arab Emirates: Middle East & Africa Sports Sunglasses Market Breakdown by Distribution Channel
10.1.1.5 Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Type
10.1.1.5.2 Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Category
10.1.1.5.3 Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Breakdown by Distribution Channel
11. Company Profiles
11.1 EssilorLuxottica SA
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 Under Armour Inc
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 Nike 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 Puma SE
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 Decathlon SE
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 Adidas AG
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 Safilo Group SpA
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
12. Appendix
12.1 About the Research Team
LIST OF TABLES
Table 1. Middle East & Africa Sports Sunglasses Market Segmentation
Table 2. Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 4. Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Category
Table 5. Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 6. Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. South Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. South Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 9. South Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 10. Saudi Arabia: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Saudi Arabia: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 12. Saudi Arabia: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 13. United Arab Emirates: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. United Arab Emirates: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 15. United Arab Emirates: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 16. Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Category
Table 18. Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
LIST OF FIGURES
Figure 1. Middle East & Africa Sports Sunglasses Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Middle East & Africa Sports Sunglasses Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Sports Sunglasses Market Revenue (US$ Million), 2022 – 2030
Figure 6. Middle East & Africa Sports Sunglasses Market Share (%) – Type, 2022 and 2030
Figure 7. Polarized: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Non-Polarized: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Middle East & Africa Sports Sunglasses Market Share (%) – Category, 2022 and 2030
Figure 10. Men: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Women: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Unisex: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Kids: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Middle East & Africa Sports Sunglasses Market Share (%) – Distribution Channel, 2022 and 2030
Figure 15. Supermarkets and Hypermarkets: Middle East & Africa Sports Sunglasses Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Specialty Stores: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Online Retail: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Middle East & Africa Sports Sunglasses Market, By Key Country – Revenue (2022) (US$ Million)
Figure 20. Middle East & Africa Sports Sunglasses Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. South Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Saudi Arabia: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. United Arab Emirates: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Rest of Middle East & Africa: Middle East & Africa Sports Sunglasses Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Middle East & Africa Sports Sunglasses Market
1. Adidas AG
2. Decathlon SE
3. EssilorLuxottica SA
4. Nike Inc
5. Puma SE
6. Safilo Group SpA
7. Under Armour Inc
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