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Global Sports Sunglasses Market 2019-2023 | Increase in Adoption of Sports Sunglasses as Fashion Accessory to Boost Growth | Technavio

October 25, 2019 GMT
Global Sports Sunglasses Market 2019-2023 | Increase in Adoption of Sports Sunglasses as Fashion Accessory to Boost Growth | Technavio
Global Sports Sunglasses Market 2019-2023 | Increase in Adoption of Sports Sunglasses as Fashion Accessory to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Oct 25, 2019--

The global sports sunglasses market is expected to post a CAGR of around 4% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global sports sunglasses market 2019-2023. (Graphic: Business Wire)

The growing consumer demand for product customization is encouraging market vendors to offer highly customizable sports sunglasses at premium prices. Vendors are providing customization in terms of lens color, lens type, frame type, and various other attributes. With the increasing number of vendors offering customizable sports sunglasses, the growth of the market is expected to accelerate during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31653

As per Technavio, the increasing adoption of sports sunglasses as a fashion accessory will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Sports Sunglasses Market: Increase in Adoption of Sports Sunglasses as Fashion Accessory

The growth of the athleisure industry has increased the demand for sports sunglasses as a fashion accessory. This is due to the increased integration of sports sunglasses with athleisure lifestyle and streetwear by consumers. This trend is encouraging vendors to design and manufacture sports sunglasses that can be used as both sportswear and casual wear. These factors are expected to boost the growth of the global sports sunglasses market during the forecast period.

“Apart from the increasing adoption of sports sunglasses as a fashion accessory, increasing emphasis on omnichannel retailing and online-to-offline commerce are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global Sports Sunglasses Market: Segmentation Analysis

This market report segments the global sports sunglasses market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).

The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. During the forecast period, the North American region is expected to maintain its dominance over the global market. This is due to the growth in the number of organized retail stores in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191025005226/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: RETAIL GENERAL SPORTS SPORTS FASHION

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/25/2019 09:30 AM/DISC: 10/25/2019 09:30 AM

http://www.businesswire.com/news/home/20191025005226/en