CYCLING SUNGLASSES MARKET ANALYSIS

Regional Analysis

Market Outlook

Europe holds the largest market for cycling sunglasses, owing to high number of cyclists in the region. According to Coherent Market Insights, 19.6 million bicycles were sold across Europe in 2016. Rising awareness about eye disorders amongst the populace is fueling growth of the cycling sunglasses market in the region.

In Belgium, cycling is the basic mode of transport and preferred by most citizens. As the climate in the country is extremely cold, cyclists prefer using anti-fog cycling sunglasses for a clear vision. Furthermore, according to Coherent Market Insights, Belgium plans to build 15 new cycling routes by 2025. This in turn, is expected to increase the number of cyclists in the region. Thus, boosting the demand for cycling wear and in turn, driving growth of the global cycling sunglasses market.

Likewise, Italy is the fastest growing market for cycling sunglasses owing to the cycling race competitions held in the region, for instance The Granfondo MILAN - SAN REMO cicloturistica which attracts a lot of potential cyclists to participate in it every year owing to which the cycling wear and cycling sunglasses are purchased in abundance. Hence, increasing adoption of cycling and participation of the citizens in racing competitions in the country is boosting the growth of the global cycling sunglasses market.

Geographies Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa