In 2023, the actual sold production of sunglasses in Italy was valued at 1.090 billion Euros. From 2024, forecasts show a steady increase in the market, with projections indicating an average annual growth rate of approximately 3.8% CAGR from 2024 to 2028. Notably, the year-on-year growth from 2023 to 2024 is about 4.0%, reflecting a positive trend.
Future trends to watch for:
- Increased demand for eco-friendly and sustainable materials.
- Technological advancements resulting in smart sunglasses integration.
- Growing adult population seeking high-quality and branded eyewear.
- Potential impacts of economic fluctuations on luxury goods spending.