Snow Goggles Market Report Overview
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The global snow goggles market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.
For winter sports such as skiing and snowboarding, protective eyewear known as snow goggles is required. They are frequently worn to protect the eyes from the elements, such as airflow, snow, and ultraviolet (UV) rays, while also maintaining vision. Nylon, rubber, and polyurethane are used in their production as gentle, flexible substrates. The components of a pair of goggles are a frame clip, air circulation foam, an outer and an inner viewfinder, dividers, adjusters, foam padding, and straps. These glasses provide a wider range of vision, outstanding peripheral vision, and aid in improving contrast in low light so one can see clearly enough to avert wobbles and other obstacles. Mountaineers and snowboarders wearing these goggles are shielded from the sun's glare, snow accumulation, wind, and chilly breeze thanks to their double optics, anti-fog coatings, and effective venting systems.
One of the main factors contributing to the market's optimistic outlook is millennials' increasing preference for outdoor activities, particularly snow sports, across the globe. Hence, the market is growing as a result of rising medical awareness and increased knowledge of the benefits of both mental and physical health. Widespread use of snow goggles keeps the eyes sealed and shields them from sand and chilly winds. Another aspect that is stimulating growth is the widespread use of the product as safety equipment for snow activities. In addition, the market is growing due to factors such as the rise in youth-focused programmes and camps, consumers' rising purchasing power, the ease with which products can be found on e-commerce platforms, and the development of frameless goggles with self-adjusting lenses.
COVID-19 Impact: Supply Chain Disruptions Caused Issues in the Production and Shipment of the Goggles
Global supply chains were hampered by the pandemic that had created problems in the production and shipment of snow goggles. Ski goggles were less in demand as a result of the fact that there were more travel restrictions and lockdowns in many parts of the world and that many ski resorts were shut down or running at reduced capacity. Also, the pandemic-related economic downturn resulted in lower consumer expenditure, which had an influence on the sales of snow glasses. Consequently, the Covid-19 epidemic has had a considerable impact on the market for the goggles.
Latest Trends
"Use of Lens Technology in the Goggles Provide the Users with Pertinent Information"
The manufacturers of snow spectacles are constantly coming out with new and improved goods for the consumer market. Using lens technology that improves vision in a variety of illumination conditions is one of the newest developments in the snow goggle industry. As an illustration, some businesses have released smart goggles that include GPS, Bluetooth, and monitors that measure variables including velocity, elevation, and temperature. Also, these goggles include built-in displays that provide the user with pertinent information.
Snow Goggles Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Ordinary Lenses, Myopic Lenses and Presbyopic Glasses
- By Application Analysis
Based on application, the market can be divided into Competition, Entertainment and Others
Driving Factors
"Growing Awareness of Eye Protection is Driving the Market for the Goggles"
The market for snow goggles is being driven by the increasing awareness of the value of eye protection. Increasingly people are becoming educated about the dangers of UV radiation to the eyes and the possibility of eye damage while engaging in winter activities. Winter goggles with UV protection, impact resistance, and improved vision clarity are in high demand as a result of this increased awareness. As a result, these goggles with top-notch lenses and cutting-edge technologies are growing in popularity among fans of winter sports.
"Growing Popularity of Winter Sports is Simultaneously Growing the Goggles Industry"
The increasing popularity of winter activities is another main reason propelling the snow goggle sector. The need for high-quality snow glasses is being driven by the rising popularity of winter sports such as skiing and snowboarding. There is an increasing demand for the goggles that can offer good vision, weather protection, and the best performance under difficult circumstances as more people engage in winter sports.
Restraining Factors
"Prices of Superior Goggles Might Hinder the Market Expansion"
The price of superior winter goggles is one of the reasons restricting the snow goggles market growth. Snow spectacles now come with advanced features including anti-fogging coatings, polarization, and photochromic lenses, however these features are more expensive due to technological improvements. Snow glasses can range greatly in price, with more expensive models frequently costing several hundred dollars. Some customers may find this pricing to be prohibitive since they are unable or unwilling to spend so much money on ski goggles.
Snow Goggles Market Regional Insights
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"Widespread Popularity of Winter Activities in the Area is Driving the North American Market"
For a variety of reasons, North America led the snow goggles market share. The region's widespread popularity of winter activities such as skiing and snowboarding is one of the main causes. Winter sports are popular throughout North America, where several of the most well-known ski resorts may be found. This has increased demand for premium winter goggles that shield users from the elements throughout the tough winter months and enhance vision on the slopes. Also, there are many domestic and foreign makers of the glasses in North America, which has helped the region have access to a variety of goods.
Key Industry Players
"Key Players Focus on R&D Investments to Gain a Competitive Advantage"
Market participants for snow goggles are making significant R&D investments in order to provide cutting-edge products with improved functionality and comfort. To give clients a variety of options, they are incorporating innovative technologies including anti-fog coatings, photochromic lenses, and interchangeable lenses. Moreover, companies in the market are also establishing their identities through endorsing teams, athletes, and events. This enhances their reputation as trustworthy and high-quality manufacturers and helps to raise brand recognition. In order to communicate with customers directly and reach a larger audience, they are also utilizing social media channels.
List of Market Players Profiled
- Bolle (France)
- Electric Visual Evolution (U.S.)
- Oakley (U.S.)
- Smith Optics (U.S.)
- Amer Sports (Finland)
- Anon Optics (U.S.)
- Dragon Alliance (U.S.)
- Giro (U.S.)
Report Coverage
This report covers the snow goggles market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
Frequently Asked Questions
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Which are the driving factors of the snow goggles market?
Growing awareness of eye protection is driving the market for the goggles and growing popularity of winter sports is simultaneously growing the goggles industry are the driving factors of the snow goggles market.
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Which are the top companies operating in the snow goggles market?
Bolle, Electric Visual Evolution, Oakley, Smith Optics and Amer Sports are the top companies operating in the snow goggles market.
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Which region dominated the snow goggles market?
North America dominated the snow goggles market.