Global Sports Eyewear Market Overview

The global sports eyewear market will touch USD 13.57 billion at 4.80% CAGR by 2032, as per the latest Market Research Future report. Rising Sports Participation :Increasing participation in various sports and fitness activities across the globe is creating a larger consumer base for sports eyewear. Growing popularity of adventure sports and outdoor activities further fuels the market demand.

Drivers 

AI Technology Advances to Boost Market Growth 

Advances in AI are expected to support market growth during the assessment period. This technology can be used in many areas of sports, including live events, training, performance analysis, and manufacturing of sports equipment and equipment. AI is expected to facilitate the production of intelligent sports and fitness apparel, allowing athletes to effectively track health and performance deficiencies. AI smart glasses are expected to be used in sports tournaments in the future, offering a variety of benefits in broadcasting, interaction, and decision-making.

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Opportunities 

Rising Health Awareness to offer Robust Opportunities 

Rising health awareness has increased people's interest in fitness, sports, and travel. Along with this, demand for various sports goods such as sunglasses and eyeglass lenses are increasing. Rising safety awareness in outdoor sports and travel is expected to increase the demand for sports eyewear, providing robust market opportunities.

Restraints and Challenges 

High Cost of Premium Sports Eyewear to act as Market Restraint 

The high cost of premium sports eyewear & the easy accessibility of counterfeit products may act as market restraints over the forecast period.

Market Segmentation 

The global sports eyewear market is bifurcated based on application and distribution channel.

By application, outdoor sports and travelling will lead the market over the forecast period.

By distribution channel, offline will domineer the market over the forecast period.

COVID-19 Analysis 

The COVID-19 pandemic has dealt a blow to the sports eyewear market. Key sporting events, including 2020 Tokyo Olympics, were postponed or cancelled owing to lockdowns and infection risks. The closure of sports fields and indoor sports facilities has affected domestic and international training and sports organizations, directly impacting the demand for sports eyewear. Supply chain bottlenecks and closures of brick-and-mortar sports stores negatively impacted sales, slowing market growth.

Regional Analysis

North America to Command Sports Eyewear Market 

Due to an increase in the number of athletic events in the region as well as the demand for protective eyewear, the North American market for sports eyewear is expected to lead this one. Sports sunglasses are made of polycarbonate, a durable material that protects athletes' eyes from UVA and UVB radiation from the sun. Due to the increasing popularity of high-performance and long-lasting sportswear, North America is expected to control the worldwide market in the upcoming years. The growing popularity of sports brands like Adidas, Puma, Under Armour, and Nike is driving up the sports eyewear market in the region.

Key Players 

Eminent industry players profiled in the global sports eyewear market report include Nike, Inc., Carl Zeiss AG, Marchon Eyewear, Inc., MYKITA GmbH, Under Armour, Inc., Adidas AG, Xenith, LLC, Zoggs International Ltd., Aqua Lung International, and Speedo International.

Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Sports Eyewear Market :  https://www.marketresearchfuture.com/reports/sports-eyewear-market-12279

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