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Global Market Scenario of Luxury Eyewear Industry  According to new latest report Luxury Eyewear market is projected to surpass USD 52 billion by The market growth is attributed to the growing eye health awareness among consumers.Luxury Eyewear market  Rapid digitalization across the globe is increasing the screen time for everyone, which is adversely impacting eye health. Digital devices, such as smartphones, tablets, and laptops, are toxic to eye health, predominantly in children and teenagers, as they use digital media uninterruptedly for long hours to play games and watch videos. For instance, in 2018, over 32% of German youngsters complain of bad eye health due to the uninterrupted use of digital media.  Rapid digitalization is supporting luxury eyewear market growth. However, the growing sales through e-commerce websites is propelling the market share of counterfeit luxury eyewear. This will harm the brand reputation and product integrity, reducing uniqueness of the product.  Easy availability of these counterfeit luxury eyewear will decline the individuality of the sophisticated consumer group. Counterfeit goods are entering a legitimate supply chain due to weak verification of product traceability and authenticity at warehouse & logistics channels. © 2019 Global Market Insights, Inc. USA. All Rights Reserved

Some major findings of the luxury eyewear market report include:  Millennial & generation z consumer group is deeply influenced by social media trends, celebrity fashion wear, and brand recognition  Prominent market players use social media as marketing platform to enhance their customer engagement by increasing the frequency of conversation with consumers  Sophisticated consumer group prefer innovative & creative eyewear to showcase their distinctiveness  The increasing demand for Asia Pacific region due to growing number of UHNWI & HNWI population is propelling market growth  Major players operating in the luxury eyewear market are Christian Dior Couture, Dolce & Gabbana Srl, Essilor Luxottica (Oakley, Inc.), Giorgio Armani S.p.A., etc. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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 The sunglasses segment held a significant market share in 2018 and is estimated to increase over the forecast timeline due to extreme weather conditions and growing eye health awareness.  A rise in the number of millionaires across regions such as the Middle East & Africa (MEA) and Asia Pacific coupled with extreme weather conditions is proliferating the segment growth.  Growing health awareness related to UV rays’ protection among HNWI and upper-middle- class buyer groups is a major factor in the availability of UV protected sunglasses for high-end consumers. 360° Industry Analysis © 2019 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Competitive Analysis:  Major players in the luxury eyewear market are focusing on various business growth strategies such as strategic alliances and developing innovative products. Additionally, the market players showcase their product’s unique ability through several promotional events. This helps them to enhance product integrity and brand reputation, which are key purchasing patterns in the luxury eyewear market.  Major players operating in the luxury eyewear market are Christian Dior Couture, Dolce & Gabbana Srl, Essilor Luxottica (Oakley, Inc.), Giorgio Armani S.p.A., etc. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This

Latest Research Report On Luxury Eyewear Request for sample of this research Request for customization: © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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