In a cross-category trend, the ongoing socioeconomic unrest, skyrocketing global inflation, and compounded challenges created by the Russia-Ukraine war, will continue to dampen potential sales in sunglasses. Spanish consumers remain cautious about their spending due to this recessionary context and continue to limit their non-essential expenditures.
There will be ongoing innovations in sunglasses over the forecast period, as players aim for their brands to stand out from the competition.
Overall, sunglasses still has scope for growth in Spain. There is a huge volume of trade through illegal channels in Spain, although such models are not guaranteed to have the required level of UV protection.
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Understand the latest market trends and future growth opportunities for the Sunglasses industry in Spain 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 Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 DefinitionsThis report originates from Passport, our Sunglasses research and analysis database.
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