The global sports sunglasses market is projected to grow by US$1.40 billion between 2021 and 2026, representing a CAGR (compound annual growth rate) of 7.53 percent, according to a recent research report by Technavio. The market is driven by the growing popularity of sunglasses among the youth and middle-aged population. Growth is also driven by participation in outdoor sports and people preferring to wear appropriate sunglasses to protect their eyes. More broadly, the increasing participation in sports and healthy lifestyle trends will boost the global sports sunglasses market during the forecast period. Meanwhile, the main challenge for the global sports sunglasses market in the coming years will be the rising availability of substitute products, such as conventional sunglasses and luxury eyewear. These substitute category products are generally cheaper than sports sunglasses and are widely available in the market. In addition, market vendors face competition from the unorganized sector, which offers sports sunglasses at a low price. By geography, the Asia-Pacific (APAC) region will account for 39 percent of the market growth during the forecast period.
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