Over the forecast period, sunglasses is projected to see a moderate retail volume CAGR and slow retail value (constant 2024 prices) CAGR. This performance is partly due to a level of maturity following the strong rebound from the COVID-19-related slump, but also the search for more affordable products and longer replacement cycles among some consumers in a still difficult economic environment.
Within health and wellbeing trends, many consumers in Spain are increasing the frequency with which they practise sports and take part in active outdoor pursuits. Many consumers are choosing to wear sports sunglasses for these activities, to protect their eyes from UV rays.
In line with the general trend in retailing in Spain, e-commerce is expected to continue to develop and grow its presence and value sales in sunglasses. In addition to the convenience of comparing products and prices and purchasing online, young consumers are increasingly drawn to the channel as they seek the latest models at the most competitive prices.
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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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