PRN: Global Luxury Sunglasses Market - Analysis, Technologies & Forecasts to 2021

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Global Luxury Sunglasses Market - Analysis, Technologies & Forecasts to 2021

 
[07-September-2017]
 

DUBLIN, September 7, 2017 /PRNewswire/ --

The "Global Luxury Sunglasses Market 2017-2021" report has been added to Research and Markets' offering.

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The global luxury sunglasses market is forecast to grow at a CAGR of 6.51% during the period 2017-2021.

The report, Global Luxury Sunglasses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is advent of innovative lenses and design in luxury sunglasses. The development of innovative and designer products as well as the enhanced living standards of consumers worldwide have increased the demand for luxury sunglasses. Key competitors are coming up with technologically advanced sunglasses. For example, Oakley uses Prizm, a revolutionary lens technology in sunglass lenses, which optimizes the performance by offering ultra-precise color tuning, designed for specific environments.

According to the report, one driver in the market is premiumization in luxury sunglasses industry. With advanced technology and innovative features being introduced in most of the industries, the quality and innovation of luxury sunglasses is no exception and is crucial for the growth of the sunglasses industry. The players are involved in enhancing the quality of their products to execute proper branding to project the true facts about their products, which attract brand conscious customers. Luxury sunglasses are considered to be durable, block UVA rays and UVB rays, and promote healthy vision.

Further, the report states that one challenge in the market is increase in availability of counterfeit products. The global luxury sunglasses market has a large number of low-cost private labels. These private labels sell products that offer a high style quotient and innovative features at low price. This becomes challenging for the premium brands, especially in developing countries. Although these private labels do not offer proper UV protection or any other prominent benefits, customers buy sunglasses just to cater to their fashion needs. Such customers opt for the latest trends and do not seek the optical benefits these products offer.

Key vendors

  • Essilor
  • Louis Vuitton
  • Luxottica Group
  • Safilo Group

Other prominent vendors

  • Alexander McQueen
  • CHARMANT Group
  • De Rigo Vision
  • Guccio Gucci
  • REVO
  • Marchon Eyewear
  • Marcolin

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Market Segmentation By Lens Material

Part 08: Market Segmentation By Gender

Part 09: Market Segmentation By Demographics

Part 10: Market Segmentation By Distribution Channel

Part 11: Geographical Segmentation

Part 12: Key Leading Countries

Part 13: Decision Framework

Part 14: Drivers And Challenges

Part 15: Market Trends

Part 16: Competitor Landscape

Part 17: Key Vendor Analysis

Part 18: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/t6xqd2/gl! obal_luxury

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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