Hunting and Fishing Eyewear Market REPORT OVERVIEW
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The global hunting and fishing eyewear market size was USD 668.2 million in 2022 and market is projected to touch USD 1215.38 million by 2031, exhibiting a CAGR of 6.9% during the projected period.
The global COVID-19 pandemic has been unprecedented and staggering, with hunting and fishing eyewear lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Hunting and fishing eyewear, also recognized as fish eye glasses or polarising eyewear, is designed specifically for fishing and hunting to safeguard your eyes from UV rays. They can protect the eyes by blocking UV rays. A chemical treatment is applied to fishing lenses in a vertical route of the glasses. This vertical pathway prevents horizontal beam from transferring through the lens, resulting in improved visibility and contrast. It also aids in seeing beneath the water's surface, lowering eye strain and providing relaxed vision. These glasses are useful for people who are sensitive to light or who experience blinding glare.
Hunting and fishing eyewear is used in activities such as driving, catching fish, boating, and others. With rising temperatures and ozone layer depletion, UV rays can cause eye damage; fish eyewear can minimize the amount of harmful ultra violet rays trying to reach the eyes. Individuals are becoming more aware of the advantages that eyewear can provide, which has led to an increase in demand for the item. Consumers' increased interest in shooting animals, sports, and fishing has resulted in an increase in consumption for fish eyewear.
COVID-19 Impact: Supply and Lockdown Limitations to Decline Market Advancement
The impacts of the Covid-19 disease outbreak are currently being felt on a global scale, with disruptions affecting the worldwide hunting and fishing eyewear market growth. Covid-19 had a detrimental effect on many markets in 2020. Several countries declared a state of emergency. The unexpected pandemic caused disruptions in all types of businesses. Various types of markets were adversely affected by the pandemic's many restrictions. Many operations such as boating, catching fish, hunting, and many other leisure adventures were prohibited due to global restrictions, which influenced the requirement of hunting and fishing eyewear. The utilization for eyewear was impacted and fell, and manufacturing was also halted, creating supply barriers. With the industry recovering, people have begun to recognize the benefits of such eyewear to sustain eye health, which is expected to aid in the market's recovery.
LATEST TRENDS
"Advanced Polarized Technology to Enhance Market Growth "
The introduction of new and enhanced polarized technology has the potential to boost the worldwide hunting and fishing eyewear market share. All glasses have an additional coating applied around the lens to soak up sun rays and reduce glare to safeguard the eyes. Polarization is the name given to this technology. People who use fish glasses for target shooting, skiing, catching fish, and other activities have benefited from the improved polarization. Polarization technological advancements have resulted in increased comfort and safety in severe sunlight conditions. This technology also allows users to customize the colour scheme of the lenses to their liking. This is anticipated to result in proper understanding when glancing into the water, as well as lowered light sensitivity and overall better color and detail vision.
Hunting and Fishing Eyewear Market SEGMENTATION
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- By Type
Based on type; the market is divided into Yellow/Orange, Purple, Gray, Brown, Others
Yellow/orange type is the leading part of the type segment.
- By Application
Based on the application; the market is divided into online sales, offline sales
Online sales are the leading part of the application segment.
DRIVING FACTORS
"Increasing Preference for Eyesight Safety to Assist Market Development"
The need to maintain eye health is expected to drive growth in the worldwide hunting and fishing eyewear market. Shooting, scavenging, fishing, snowboarding, and other activities necessitate that people defend their eye sockets and therefore they wear protective gear to safeguard themselves from ultraviolet rays. The eyewear improves depth perception while also increasing visual perception. Consumers are becoming more aware of the importance of wearing eye protection to reduce the harmful effects of prolonged exposure to the sun. Consumer awareness is expected to propel market growth.
"Upsurge in Sports Events and Activities to Foster Market Growth"
Many activities, such as snow sports, fishing, hunting, shooting, and others, involve the wearing of hunting and fishing eyewear. People are increasingly purchasing protective eyewear that aids in blue-light blocking as such activities become more popular. They aid in the improvement of performance for such activities and provide a competitive advantage.
They have a significant impact on athletic performance, which is why many professional sports employ an exercise specialist to supervise the athlete's vision. The upsurge in such activities is also linked to increased market demand for the product.
RESTRAINING FACTORS
"The Price Disparity Factor to Deplete Market Growth "
A variety of factors can contribute to the global expansion of the hunting and fishing eyewear market. Restricting factors, such as high eyewear costs, can stifle market growth. The high price of fish eyewear owing to the advantages it provides allows manufacturers to charge customers more. They have high-quality lenses, which can be very expensive for customers. These factors are anticipated to reduce requirement for fish eyewear.
Hunting and Fishing Eyewear Market REGIONAL INSIGHTS
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"Increased Consumption Rate to Foster Market growth in North America "
Because of growing awareness about the harmful effects of UV rays, North America accounts for the largest portion of the worldwide hunting and fishing eyewear market. Polarized eyewear is also popular among consumers in the region, which is expected to increase requirements for protective eyewear. There is also an increase in eye disorders, and the area has a large presence of producers, so it is predicted to expand significantly.
KEY INDUSTRY PLAYERS
"Notable Players in the Industry to Promote Market Expansion "
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the health diaphragm valves market share features, and market growth by type, industry, and customer sector.
List of Market Players Profiled
- Oakley (U.S.)
- Amphibia (Malaysia)
- Costa Del Mar (U.S.)
- Eye Surrender (India)
- Favorite Rods (Japan)
- Kaenon (U.S.)
- Nines (U.S.)
- Renegade (U.S.)
- Typhoon Optics (U.S.)
- WileyX (U.S.)
- Optic Nerve (South Africa)
REPORT COVERAGE
The industry report examines the global market, geographic and country-level market sizes, categorization market expansion, market share, competitor analysis, sales trends, influence of domestic and international market players, supply chain enhancement, trade laws, latest developments, possibilities analysis, business strategy market expansion analysis, product releases, area competitive landscape expanding, and technological advancements.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 668.2 Million in 2022 |
Market Size Value By |
US$ 1215.38 Million by 2031 |
Growth Rate |
CAGR of 6.9% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the hunting and fishing eyewear market expected to touch by 2031?
Based on our research, the global hunting and fishing eyewear market is projected to touch USD 1215.38 million by 2031.
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What CAGR is the hunting and fishing eyewear market expected to exhibit by 2031?
The hunting and fishing eyewear market is expected to exhibit a CAGR of 6.9% by the forecasted year 2031.
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What are the driving factors of the hunting and fishing eyewear market?
Increasing preference for eyesight safety and upsurge in sports events and activities, to drive the hunting and fishing eyewear market.
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Which are the top companies operating in the hunting and fishing eyewear market?
Oakley, Amphibia, Costa Del Mar, Eye Surrender, Favorite Rods, Kaenon, Nines, Renegade, Typhoon Optics, WileyX, Optic Nerve are the top companies operating in the hunting and fishing eyewear market.