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Sunglasses Stores - Industry Market Research Report

  • September 2016
  • 30 pages
  • Ibisworld
Report ID: 2414688

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Sunny disposition: Rising disposable income has boosted demand for luxury sunglasses



Abstract

Sunglasses Stores

The Sunglasses Stores industry has grown over the past five years. Consumers are increasingly opting to rely on the expertise and vast product selection of industry operators to buy sunglasses. Moreover, rising disposable income amid improving economic conditions has boosted demand for luxury sunglasses, which boast a higher price point. Sunny skies are forecast to continue over the next five years; however, heightened competition from online retailers is expected to limit consumer demand for sunglasses from brick-and-mortar retail stores. While many designers have opted to license their brands through optical manufacturing giants, a growing number of online startups are designing and manufacturing their own sunglasses.

This industry predominantly sells sunglasses and related merchandise The industry does not include companies that primarily sell eyeglasses, online retailers nor sales at optometrist offices.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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