PROSPECTS AND OPPORTUNITIES
Reducing reliance on imports will benefit sunglasses in the forecast period
Sunglasses in India is set to maintain solid current value growth rates throughout the forecast period. Brands within eyewear are increasingly directing their focus towards fully capitalising on India’s vast potential by establishing manufacturing units within the country.
Omnichannel retail strategies expected to drive growth
In sunglasses, traditional bricks-and-mortar stores continue to serve a vital role, offering consumers the opportunity to try on frames and assess their fit and feel in person. In addition, many offline eyewear outlets are enhancing the overall customer experience.
Tech-infused sunglasses offer an opportunity for new players
As technology continues to integrate seamlessly into consumers’ daily lives, Indians are increasingly embracing advances. This growing tech-savviness is evident not just in the use of smartphones and other gadgets, but also in the adoption of innovative wearable devices.
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Overview:
Understand the latest market trends and future growth opportunities for the Sunglasses industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Sunglasses industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sunglasses in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sunglasses in India?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Sunglasses in India?
- How are products distributed in Sunglasses in India?
- How are demographic changes impacting demand?
- To what extent are fashion and consumer affluence growth determinants?
- Where is future growth expected to be most dynamic?
Sunglasses in India - Category analysis
KEY DATA FINDINGS
Sunglasses sees robust growth momentum in 2024
Luxottica India continues to hold the leading value share in sunglasses
Specialised sunglasses are gaining prominence in the category
Reducing reliance on imports will benefit sunglasses in the forecast period
Omnichannel retail strategies expected to drive growth
Tech-infused sunglasses offer an opportunity for new players
Eyewear in India - Industry Overview
Eyewear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for eyewear?
DISCLAIMER
Sunglasses
Sunglasses may be made with either prescription or non-prescription lenses that are darken to provide protection against bright light and possibly ultraviolet (UV) light. Photo-chromic lenses and clip-ons are excluded.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sunglasses research and analysis database.
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