Global Cycling Sunglass Market Size to Worth USD 2.17 Billion by 2033: Market Insight Report

Global Cycling Sunglass Market Size to Worth USD 2.17 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Cycling Sunglass Market Size is Expected to Grow from USD 1.3 Billion in 2023 to USD 2.17 Billion by 2033, Growing at a CAGR of 5.26%during the forecast period 2023-2033.

Browse key industry insights spread across 220 pages with 110 Market data tables and figures & charts from the report on the Global Cycling Sunglass Market Size, Share, and COVID-19 Impact Analysis, By Lens Type (Polarized and Non-Polarized), By Distribution Channel (Online, Offline, and Specialty Stores), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Cycling sunglasses are specialty eyewear made for cyclists to improve vision and shield the eyes from dust, wind, sun, and other elements. Features such as polarized lenses to cut down on glare, sturdy, lightweight frames for comfort and safety, and adjustable nose and earpieces for a secure fit are common with these sunglasses. These devices are available in a variety of forms and lens colors to fit a range of lighting conditions and individual tastes. Cycling sunglasses enhance a cyclist's sense of style and fashion in addition to their practical benefits. From enthusiast cyclists to pro competitors, these goods are essential pieces of equipment. The growing popularity of cycling as a leisure and professional sport, as well as growing consumer awareness of eye protection, are expected to fuel the market for cycling sunglasses. Strategic marketing initiatives aimed at outdoor enthusiasts and health-conscious consumers support the market's growth trajectory by increasing the product's exposure and appeal. However, premium cycling sunglasses can be very expensive, which can be a major impediment to market expansion.

The polarized segment is anticipated to hold the highest market share of the global cycling sunglass market through the projected timeframe.                       

Based on the lens type, the cycling sunglass market is classified into polarized and non-polarized. Among these, the polarized segment is anticipated to hold the highest market share of the global cycling sunglass market through the projected timeframe. Owing to their exceptional capacity to improve contrast, lessen gaze, and increase visual clarity all of which are essential for cycling performance and safety. In situations where there are a lot of light reflections, such as on roads or trails close to bodies of water, polarized sunglasses are very popular since they make riding a lot easier.

The online segment is predicted to hold the largest market share of the global cycling sunglass market through the projected timeframe.        

Based on the distribution channel, the cycling sunglass market is classified into online, offline, and specialty stores. Among these, the online segment is predicted to hold the largest market share of the global cycling sunglass market through the projected timeframe. The increased use of e-commerce platforms and the trend of consumers purchasing online are driving the growth of the online market. Online retailers appeal to a certain group of customers who value variety and simplicity of use since they provide a greater selection of goods and the option of home delivery. In addition, seasonal specials and reasonable prices are frequently offered by online platforms, drawing in budget-conscious customers.    

North America is expected to hold the largest share of the cycling sunglass market through the forecast period.

North America is expected to hold the largest share of the cycling sunglass market through the forecast period. Driven by an established outdoor and fitness culture and high levels of disposable financial security that allow for the purchase of high-end sporting items. The US organizes a lot of cycling events that promote cycling accessories such as sunglasses, which helps the region's business even more.

Asia Pacific is predicted to grow at the fastest CAGR of the cycling sunglass market over the forecast period. Increasing the general understanding of outdoor activities and fitness, especially among developing nations such as China and India. The need for cycling sunglasses is anticipated to rise in these nations due to the expanding middle class.

Company Profiling

Major key players in the cycling sunglass market include NIKE Inc., Rapha Racing Limited, Luxottica Group Spa, Decathlon Group, Under Armour Inc., Shimano Inc., Uvex Group, Kopin Corporation, Rudy Project Spa, ASSOS of Switzerland GmbH, Tifosi Optics Inc., POC Sports, KASK America Inc., and Others.

Recent Developments

• In Jan 2023, British cycling glasses company Hindsight introduced the V2 rear-view model, which has proprietary semi-transparent mirrored lenses for increased safety and fashionable designs.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the cycling sunglass market based on the below-mentioned segments:

Global Cycling Sunglass Market, By Lens Type

• Polarized

• Non-Polarized

Global Cycling Sunglass Market, By Distribution Channel

• Online
• Offline
• Speciality Stores

Global Cycling Sunglass Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa