The cycling sunglasses market has experienced significant growth in recent years due to the increasing popularity of cycling as a sport and as a form of transportation. Key drivers of this growth include advancements in lens technology, increased awareness of the importance of eye protection, and the adoption of cycling as a lifestyle activity. Additionally, the rise of e-commerce has made it easier for consumers to access a wider range of cycling sunglasses from different brands and at different price points. However, competition in the market is intense, with established brands facing challenges from new entrants offering innovative designs and materials. Other factors affecting the market include fluctuations in raw material costs, changing consumer preferences, and the impact of regulations and standards on manufacturing and distribution.
Rising prevalence of eye disorders caused due to cycling is driving growth of the global Cycling Sunglasses Market. By 2050, an estimated 7.32 million people in the United States will have Primary Open-Angle Glaucoma (POAG), according to U.S. government statistics
Major Players in the Cycling Sunglasses Industry:
1. Oakley, Inc.
Oakley, Inc. is an American company that specializes in the design and manufacture of sports performance equipment, including cycling sunglasses. It was founded in 1975 and is headquartered in Foothill Ranch, California. Oakley has a global presence and operates in over 100 countries worldwide. In March 2022, Oakley introduced its latest cycling sunglasses collection, featuring new lens technology and customizable fit options.
2. Topeak, Inc.
Topeak, Inc. is a Taiwanese company that produces cycling accessories and equipment, including cycling sunglasses. It was founded in 1991 and is headquartered in Taichung City, Taiwan. Topeak operates in over 40 countries worldwide. In November 2021, Topeak launched a new line of cycling sunglasses featuring lightweight materials and adjustable nose pads for a comfortable fit.
3. Under Armour, Inc.
Under Armour, Inc. is an American company that designs and manufactures sports apparel, footwear, and accessories, including cycling sunglasses. It was founded in 1996 and is headquartered in Baltimore, Maryland. Under Armour operates in over 70 countries worldwide. In June 2022, Under Armour released a new collection of cycling sunglasses featuring anti-fog technology and polarized lenses.
4. Uvex Sports GmbH & Co.
Uvex Sports GmbH & Co. is a German company that produces protective sports equipment, including cycling sunglasses. It was founded in 1926 and is headquartered in Fürth, Germany. Uvex operates in over 20 countries worldwide. In October 2021, Uvex launched a new line of cycling sunglasses featuring scratch-resistant lenses and adjustable temples for a secure fit.
5. Nike, Inc.
Nike, Inc. is an American company that designs and manufactures athletic footwear, apparel, and accessories, including cycling sunglasses. It was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates in over 190 countries worldwide. In January 2022, Nike released a new collection of cycling sunglasses featuring a lightweight frame and interchangeable lenses.
6. Specialized Bicycle Components, Inc.
Specialized Bicycle Components, Inc. is an American company that produces bicycles and cycling equipment, including cycling sunglasses. It was founded in 1974 and is headquartered in Morgan Hill, California. Specialized operates in over 40 countries worldwide. In August 2021, Specialized introduced a new line of cycling sunglasses featuring a wrap-around design for enhanced protection and polarized lenses for reduced glare.
7. ASSOS of Switzerland GmbH
ASSOS of Switzerland GmbH is a Swiss company that designs and manufactures high-end cycling apparel and accessories, including cycling sunglasses. It was founded in 1976 and is headquartered in Lugano, Switzerland. ASSOS operates in over 30 countries worldwide. In February 2022, ASSOS released a new line of cycling sunglasses featuring photochromic lenses that adjust to changing light conditions.
8. Kopin Corporation
Kopin Corporation is an American company that produces microdisplays for consumer, military, and industrial applications, including cycling sunglasses with built-in displays. It was founded in 1984 and is headquartered in Westborough, Massachusetts. Kopin operates in over 10 countries worldwide. In September 2021, Kopin announced a partnership with POC Sports to develop a new line of cycling sunglasses featuring integrated microdisplays for augmented reality applications.
Definition- Cycling sunglasses are specialized eyewear designed for cyclists to protect their eyes from UV rays, wind, dust, and other hazards. They often feature lightweight frames, polarized lenses, and adjustable nose pads for a comfortable fit during long rides.
