Product Code: ETC016184 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India sunglasses market import shipment demonstrated a robust growth trend with a notable CAGR between 2020-2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a temporary slowdown in market expansion. Overall, the market displayed strong momentum despite a slight dip in growth towards the end of the period.
India sunglasses market is expected to grow at a CAGR of 10.7% during the forecast period 2025-2031. The growth of the sunglasses market in India can be attributed to several factors, such as increasing disposable income and growing fashion consciousness among consumers in the country. Moreover, rising awareness about UV protection from the sun?s harmful rays is also fuelling demand for sunglasses in India. Growing modern retail formats such as shopping malls and online channels are making it easier for customers to purchase branded eyewear products like polarized lenses and designer frames. Additionally, major players operating in this industry are focusing on product innovation with respect to lens material, frame shape & size, technology integration (e-tint), high quality finishes etc., which will further contribute towards growth of this sector over coming years.
? Increasing Disposable Income : Rising urban population leading more people into middle class bracket resulting higher spending power enabling them to buy luxury items such as Sunglasses
? Growing Fashion Consciousness Among Consumers: Growing inclination towards trendy looks coupled with desire among millennials & Gen Z groups aging between 18 ? 35 years who prefer wearing fashionable spectacles or glasses for everyday use is creating huge potential opportunity for eyewear manufacturers
? Awareness About UV Protection :Growing consumer awareness regarding harmful effects caused due excessive exposure sunlight without protection has fuelled surge demand sun protective goggles within Indian consumer base
? Counterfeits Products : Presence large counterfeit network that mimic popular brands offering cheaper imitation products thereby affecting sales original ones
? Limited Distribution Channels : Upcoming small regional suppliers lack access major distribution networks limiting their ability compete larger brands terms pricing margin visibility presence thus proving difficult task penetrate deeper markets beyond metros tier cities
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sunglasses Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sunglasses Market Revenues & Volume, 2021 & 2031F |
3.3 India Sunglasses Market - Industry Life Cycle |
3.4 India Sunglasses Market - Porter's Five Forces |
3.5 India Sunglasses Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Sunglasses Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 India Sunglasses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Sunglasses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and changing fashion trends in India |
4.2.2 Growing awareness about the importance of eye protection from harmful UV rays |
4.2.3 Rise in the number of outdoor recreational activities and travel among the Indian population |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to varying weather conditions in different regions of India |
4.3.2 Presence of counterfeit products affecting the market reputation and consumer trust |
5 India Sunglasses Market Trends |
6 India Sunglasses Market, By Types |
6.1 India Sunglasses Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Sunglasses Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Sunglasses Market Revenues & Volume, By Polarized, 2021-2031F |
6.1.4 India Sunglasses Market Revenues & Volume, By Non-polarized, 2021-2031F |
6.2 India Sunglasses Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 India Sunglasses Market Revenues & Volume, By Women, 2021-2031F |
6.2.3 India Sunglasses Market Revenues & Volume, By Men, 2021-2031F |
6.2.4 India Sunglasses Market Revenues & Volume, By Unisex, 2021-2031F |
6.3 India Sunglasses Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Sunglasses Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 India Sunglasses Market Revenues & Volume, By Offline, 2021-2031F |
7 India Sunglasses Market Import-Export Trade Statistics |
7.1 India Sunglasses Market Export to Major Countries |
7.2 India Sunglasses Market Imports from Major Countries |
8 India Sunglasses Market Key Performance Indicators |
8.1 Number of new product launches with innovative designs and features |
8.2 Growth in online sales and e-commerce penetration for sunglasses |
8.3 Adoption rate of polarized and UV-protected sunglasses |
8.4 Customer satisfaction scores related to product quality and durability |
8.5 Trends in celebrity endorsements and influencer marketing for sunglasses |
9 India Sunglasses Market - Opportunity Assessment |
9.1 India Sunglasses Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Sunglasses Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 India Sunglasses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Sunglasses Market - Competitive Landscape |
10.1 India Sunglasses Market Revenue Share, By Companies, 2024 |
10.2 India Sunglasses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |