Global Sunglasses Coating Market Size To Exceed USD 836.6 Million By 2033
According to a research report published by Spherical Insights & Consulting, The Global Sunglasses Coating Market Size is Expected to Grow from USD 376.8 Million in 2023 to USD 836.6 Million by 2033, at a CAGR of 8.30% during the forecast period 2023-2033.
Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Sunglasses Coating Market Size, Share, and COVID-19 Impact Analysis, By Coating (Anti-reflective Coating, UV Coating and Scratch-resistant Coating), By Material (Titanium Dioxide and Silicon Dioxide), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
The application of certain thin-film coatings to sunglasses lenses to improve their optical characteristics and functionality is included in the market for sunglasses coatings. These coatings are intended to enhance features like overall lens clarity, scratch resistance, UV protection, and glare reduction. Growing demand for premium eyewear, increased awareness of eye health, and developments in coating technologies are driving the market. Thin coatings are put on the surface of the lenses of sunglasses to improve both their appearance and functionality. These coatings can lessen glare, increase clarity, prevent scratches, and even improve the sunglasses' appearance. Furthermore, two major consumer priorities, ocular health protection and aesthetic appeal, are driving the demand for improved coatings in sunglasses. Sunglasses with strong UV-blocking properties are in high demand as consumers grow more conscious of the detrimental effects of UV radiation on eye health, including hazards like cataracts and macular degeneration. Consumer confidence in these items is increased by advanced coatings that offer complete protection against UV radiation, such as UV 400-certified lenses. However, raw material price volatility, especially for precious metals like gold and platinum, can limit market expansion by affecting manufacturers' profitability.
The anti-reflective coating segment dominated the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the coating, the global sunglasses coating market is divided into anti-reflective coating, UV coating, and scratch-resistant coating. Among these, the anti-reflective coating segment dominated the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Customers prefer sunglasses with anti-reflective coatings because these offer many advantages, including better glare reduction and increased eye comfort. Commuters, drivers, outdoor recreation enthusiasts, and other people with sensitive eyes who often travel greater distances or spend more time in bright light are using these sunglasses more and more.
The silicon dioxide segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the material, the global sunglasses coating market is divided into titanium dioxide and silicon dioxide. Among these, the silicon dioxide segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Clear eyesight is made possible by very transparent SiO, which also lessens interference during viewing. Enhancing UV protection capabilities is another use for it. There is a lot of silicon dioxide in nature. However, specific extraction and purification are required for optical-grade applications.
North America is anticipated to hold the highest share of the global sunglasses coating market over the projected period.
North America is anticipated to hold the highest share of the global sunglasses coating market over the projected period. The market is anticipated to increase as a result of the numerous brands that sell performance eyewear items, such as sunglasses, and the increasing popularity of product lines tailored to particular applications, such as sports and military sunglasses. The product lines that major market players offer also affect market expansion. High-performance sunglasses made to meet the unique needs of various end users are offered by a number of businesses operating around the area.
Asia Pacific is estimated to grow at the fastest CAGR of the global sunglasses coating market during the forecast period. This is because nations like China have a large number of manufacturing plants and suppliers of raw materials. For instance, in July 2024, China produced around 388,200 tons of titanium dioxide, according to Hangzhou Harmony Chemical Co., Ltd., a major supplier of natural titanium dioxide (TiO2). The rising demand for luxury sunglasses with cutting-edge coatings intended to improve vision and lessen exposure to the negative effects of light is largely driven by nations like China and Japan.
Company Profiling
Major vendors in the global sunglasses coating market are PPG Industries, Inc., Essilor (Essilor Luxottica), Nippon Fine Chemical, HOYA, Plexus Optix, Inc. (Vision Service Plan), ZEISS Group, Reynard Corporation, Kering Eyewear S.p.A. (Kering S.A.), Shangai Conant Optical Co., Ltd., and Silhouette International Schmied AG, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In February 2023, to increase productivity for small to medium-sized lens processing labs, Mitsui Chemicals, SDC, and Coburn Technologies introduced a tiny tabletop lens coating system in the United States.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global sunglasses coating market based on the below-mentioned segments:
Global Sunglasses Coating Market, By Coating
- Anti-reflective Coating
- UV Coating
- Scratch-resistant Coating
Global Sunglasses Coating Market, By Material
- Titanium Dioxide
- Silicon Dioxide
Global Sunglasses Coating Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa