South Korea Sunglasses Market Size, Share, and COVID-19 Impact Analysis, By Product (Polarized and Non-polarized), By Material (CR-39, Polycarbonate, and Polyurethane), By Distribution Channel (Online and Offline), and South Korea Sunglasses Market, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsSouth Korea Sunglasses Market Insights Forecasts to 2035
- The South Korea Sunglasses Market Size Was Estimated at USD 767.6 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 7.13% from 2025 to 2035
- The South Korea Sunglasses Market Size is Expected to Reach USD 1,637.0 Million by 2035
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According to a research report published by Spherical Insights & Consulting, The South Korea Sunglasses Market Size is anticipated to reach USD 1,637.0 Million by 2035, growing at a CAGR of 7.13% from 2025 to 2035. Over the forecast period, the demand for sunglasses is expected to be driven by the growing popularity of eyewear, especially sunglasses, as a necessary component of modern lifestyle.
Market Overview
The sunglasses market involves the design, manufacturing, and distribution of eyewear that protects the eyes from harmful UV rays while serving fashion and lifestyle purposes. Sunglasses offer key benefits such as preventing eye strain, reducing the risk of cataracts, and enhancing visual comfort in bright environments. The growing with increasing awareness of eye health, rising disposable incomes, and the popularity of luxury and sports eyewear. E commerce growth and customization trends also fuel demand. Governments support the industry by promoting UV protection awareness, enforcing quality and safety standards, and encouraging domestic manufacturing through subsidies and trade policies. Such initiatives, combined with consumer health consciousness and style trends, are driving steady expansion in the sunglasses market.
Report Coverage
This research report categorizes the market for South Korea sunglasses market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea sunglasses market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub segment South Korea sunglasses market.
South Korea Sunglasses Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 767.6 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 7.13% |
2035 Value Projection: | USD 1,637.0 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 179 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Material and By Distribution Channel |
Companies covered:: | 3D Medi Vision, Inc., Seron Technologies Inc., Woori Micron Inc., SOMETECH Inc., PEMTRON Corporation, Park Systems Corp., Green Optics Co., Ltd., COXEM Co., Ltd., Nanoscope Systems, Inc., SEC Co., Ltd., Prooptics Co., Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The rising awareness of eye protection against harmful UV rays, increasing fashion consciousness, and growing disposable incomes worldwide. The expanding influence of social media and celebrity endorsements fuels demand for trendy and luxury eyewear. Technological advancements, such as polarized and photochromic lenses, enhance product functionality and appeal. Additionally, the surge in outdoor recreational activities and travel encourages higher usage. The growth of e-commerce platforms also boosts accessibility and consumer reach, further propelling market expansion.
Restraining Factors
The high costs of branded premium eyewear limit accessibility for many consumers. The prevalence of counterfeit and low quality unregulated products undermines customer trust and reduces sales of authentic brands. Intense competition and market saturation drive price wars and erode profit margins, especially among smaller players.
Market Segmentation
The South Korea sunglasses market share is classified into product, material, and distribution channel.
- The polarized segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea sunglasses market is segmented by product into polarized and non-polarized. Among these, the polarized segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Polarized sunglasses' remarkable rise in popularity can be ascribed to their capacity to drastically cut glare, which makes them indispensable for drivers and outdoor lovers. Polarized glasses increase contrast, improve visual clarity, and make viewing safer and more pleasant by eliminating the horizontal light waves that cause glare, especially in direct sunshine.
- The CR-39 segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea sunglasses market is segmented by material into CR 39, polycarbonate, and polyurethane. Among these, the CR 39 segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. Allyl diglycol carbonate (ADC), another name for CR 39, is a common substance used to make sunglasses and other eyeglass lenses. The numerous benefits of CR 39 lenses account for their widespread use. First of all, CR 39 provides exceptional optical clarity and low abbe value, which are crucial for both prescription and over the counter sunglasses.
- The online segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea sunglasses market is segmented by distribution channel into online and offline. Among these, the online segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. Online channels offer a handy option to order sunglasses straight from websites, saving time when compared to visiting physical stores. Additionally, a lot of online retailers provide free shipping and home delivery, which increases customer attraction. This segment has grown as a result of brand promotions on different social media platforms.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea sunglasses market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 3D Medi Vision, Inc.
- Seron Technologies Inc.
- Woori Micron Inc.
- SOMETECH Inc.
- PEMTRON Corporation
- Park Systems Corp.
- Green Optics Co. Ltd.
- COXEM Co. Ltd.
- Nanoscope Systems, Inc.
- SEC Co. Ltd.
- Prooptics Co. Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea sunglasses market based on the below-mentioned segments:
South Korea Sunglasses Market, By Product
- Polarized
- Non-polarized
South Korea Sunglasses Market, By Material
- CR 39
- Polycarbonate
- Polyurethane
South Korea Sunglasses Market, By Distribution Channel
- Online
- Offline
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