The forecast period anticipates solid growth in the sunglasses area, fuelled by the ongoing recovery in travel as consumers regain confidence and resume traveling. This trend is further supported by the expected decline in inflation, which will alleviate pressure on consumer budgets.
As consumer interest in sustainable products and brands continues to grow, brands and retailers are expected to promote sustainability-themed sunglasses collections. Sunglasses brands have the opportunity to incorporate sustainable manufacturing materials and practices to create eco-friendly products.
The forecast period is likely to witness further consolidation in the sunglasses area as companies seek to expand their market share. This may involve acquiring popular sunglasses brands and acquiring specific technologies to leverage existing eyewear offerings.
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Understand the latest market trends and future growth opportunities for the Sunglasses industry in Canada 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 Canada, 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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