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Global Polarized Sunglasses Market at CAGR of 7.86% in the forecast period of 2019-2026 | LVMH; MAUI JIM, INC.; LUXOTTICA GROUP; Prada; Xiaomi

Global Polarized Sunglasses Market

Global Polarized Sunglasses Market gives acquaintance about all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands while also giving a synopsis of market definition, classifications, and market trends. It lends a hand to companies to take decisive actions to deal with threats in niche market. This market research report also provides thorough information about a target markets or customers. This report is designed with careful endeavors attempted to contemplate the privilege and profitable data. Administrative situations that influence the different choices in the Global Polarized Sunglasses Market are given a sharp perception and have been clarified properly. Clear as to be best vision the Polarized lenses contain a special filter that blocks this type of intense reflected light, reducing glare, so it’s more popular.

Market Analysis: Global Polarized Sunglasses Market 

Global polarized sunglasses market is expected to rise to an estimated value of USD 55.87 billion by 2026, registering a substantial CAGR of 7.86% in the forecast period of 2019-2026.

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Market Definition:

Polarized sunglasses are an upgraded/modified version of the regular sunglasses providing enhanced protection from UV rays. They are embedded with specialised filter between the lenses preventing significant reduction from glare reflection. Due to these benefits polarised sunglasses are recommended by various cancer foundations as well as preferred in activities where the interaction with sun is high such as in driving, fishing, sports activities and travelling.

Key Market Competitors:

Few of the major competitors currently working in the global polarized sunglasses market are-Safilo Group S.p.A.; KERING; Essilor; LVMH; MAUI JIM, INC.; LUXOTTICA GROUP; Prada; Xiaomi; Gianni Versace S.r.l.; Giorgio Armani S.p.A.; Burberry; DOLCE&GABBANA; Bolon Eyewear and PROSUN.co among others.

Segmentation:

By Material

  • Polycarbonate
  • CR-39/ADC (Columbia Resin 39/Allyl Diglycol Carbonate)
  • Polyurethane
  • Others

By Application

  • Vehicle Driving
  • Fishing & Boating
  • Outdoor Sporting & Travelling
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Key Developments in the Market:

In May 2019, Xiaomi announced the launch of polarised sunglasses for the Indian region which were deemed successful after their crowdfunding campaign on the product. Named as “Mi Polarised Square” and “Mi Polarised Pilot” are unisex glasses available in two tones each starting at a price of Rupees 899. The products are available at their official website and are equipped with providing protection to the wearer against UVA, UVB and UVC till the range of 400 nanometers.

In June 2018, MAUI JIM, INC. announced the launch of a new frame to celebrate “National Sunglasses Day” which celebrates the benefits of using sunglasses. The product branded as “Pineapple” are round nylon-framed sunglasses including the company’s proprietary “SuperThin Glass” and are available in teal green, slate grey with a brown stripe, matte black and tortoise. The product includes the company’s patented lens technology “PolarizedPlus2” providing 100% protection from UVA and UVB rays.

Reasons to Purchase this Report

  • Current and future of global liquid handling technology market outlook in the developed and emerging markets
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  • The latest developments, market shares, and strategies that are employed by the major market players

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  • All segmentation provided above in this report is represented at country level
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