Trade Trends
Global sunglasses exports increased from $7.01B in 2019 to $9.20B in 2023, reflecting a strong 31.14% growth over the five-year period. After a temporary decline in 2020, the market rebounded steadily, reaching $8.40B in 2022 and accelerating further in 2023.
This growth highlights the resilience of the global eyewear industry, supported by rising outdoor activities, fashion-driven demand, and growing awareness of eye protection. Premiumisation, innovation in lens technology, and the blending of functionality with fashion have positioned sunglasses as a high-growth consumer accessory across international markets.
Top Trading Countries
- Italy retained its position as the global leader, exporting $3.69B worth of sunglasses in 2023, up from $2.77B in 2019. This represents a 33.35% increase over the period. Exports edged down slightly to $3.63B in 2024, a 1.67% decline from 2023.
- China recorded strong expansion, reaching $2.26B in 2023 compared to $1.54B in 2019, reflecting a 47.11% increase. Growth continued in 2024, with exports rising by 8.73% to $2.46B.
- Hong Kong exported $768.18M in 2023, marginally below $777.48M in 2019, a -1.2% change. Exports rebounded in 2024, increasing by 3.77% to $797.12M.
- United States expanded exports from $398.20M in 2019 to $480.31M in 2023, marking a 20.62% rise. A sharp acceleration in 2024 pushed exports to $674.88M, a 40.51% increase from 2023.
- France posted $334.31M in 2023, up from $220.65M in 2019, reflecting a 51.51% growth. Exports edged higher by 1.98% in 2024 to $340.93M.
On the Rise
- Switzerland showed impressive momentum, growing from $36.38M in 2019 to $81.60M in 2023, a 124.32% increase, followed by a further 9.81% rise to $89.61M in 2024.
- Korea South expanded exports from $31.44M in 2019 to $58.60M in 2023, reflecting an 86.36% increase, before surging by 46.72% to $85.97M in 2024.
- Thailand emerged as a fast-growing exporter, rising from $19.94M in 2019 to $44.13M in 2023, a 121.28% increase, and accelerating by 49.15% to $65.82M in 2024.
- Poland increased exports from $31.62M in 2019 to $56.12M in 2023, marking a 77.48% rise, and continued growing by 21.04% to $67.93M in 2024.
- Denmark demonstrated steady growth, expanding from $11.14M in 2019 to $21.80M in 2023, a 95.75% increase, and rising further by 5.82% to $23.07M in 2024.
These emerging exporters reflect growing diversification within the global sunglasses market, with new players capturing value through design innovation, branding, and premium positioning.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
