Sunglasses Business Analysis Report 2024: Market to Reach $21.6 Billion by 2030, Increasing Popularity of Stylish and Designer Sunglasses, Surge in Demand for Polarized and Anti-Glare Lens...
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: Yahoo! Finance
The global market for Sunglasses was estimated at US$16.5 Billion in 2023 and is projected to reach US$21.6 Billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the sunglasses market is driven by several key factors, all of which contribute to its rapid expansion across both fashion and health sectors. First and foremost is the rising awareness of the health risks associated with UV exposure, which has led to a growing emphasis on eye protection. As more consumers become conscious of the need to protect their eyes from harmful rays, the demand for sunglasses with advanced UV protection has surged. The integration of advanced technologies, such as polarized lenses, anti-reflective coatings, and impact-resistant materials, has increased the overall functionality of sunglasses, making them more appealing to a broader a
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