Sun Care Products Market was valued at USD 13930 million in 2021 and is expected to reach USD 20260 million by the year 2028, at a CAGR of 5.5%.
The relation of sunrays with skin damage has been known since primitive times. The description of the electromagnetic spectrum enabled the identification of the ultraviolet light spectrum as being accountable for skin damage resulting from extended skin exposure. Sunscreens have been utilized since early civilizations with different measures to limit exposure to sun exposure being employed. The consciousness of the risks related to sun rays has been increasing in the last century, and as a result, science, technologies, and formulation have advanced significantly. The use of sunscreen products continues growing as government health agencies seek to contain rising cases of UV-induced melanomas. Recreational sunbathing and artificial tanning have raised the risk for these diseases significantly.
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The global Sun Care Products Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Sun Care Products industry.
Segmentation of Sun Care Products Market: -
By Product Type
· Sun Protection Product
· After Sun-Products
· Self-Tanning Products
By Sun Protection Factor
· 15-29
· 30-50
· >50
By Distribution Channel
· Hypermarkets/Supermarkets
· Specialty Store
· Convenience Store
· Pharmacy Stores
· Online Sales
By Region
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
Leading Key Players Covered Sun Care Products Market: -
· L`Oréal S.A
· Unilever
· DSM
· Avon Products Inc.
· Coty Inc.
· Beiersdorf AG
· Blistex Inc.
· Clarins Group
· Edgewell Personal Care Company
· Shiseido Company Ltd
· Johnson & Johnson
· The Estée Lauder Companies Inc.
· Neutrogena Corporation
· Walgreens Boots Alliance
· Kao Corp
· Symrise AG
· Procter & Gamble Co.
· Natura & CO.
· Bayer Healthcare and other major players.
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Effect of COVID-19 on the Sun Care Products Market: -
The global beauty sector (including skincare, hair care, fragrances, color cosmetics, and personal care) has been severely influenced by the COVID-19 pandemic. First-quarter sales have been weak, and there have been extensive store closures. The industry has acknowledged positively the pandemic, with brands shifting their production to manufacture hand sanitizers and cleaning agents and providing free beauty services for frontline response workers.
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Report Includes Competitor's Landscape:
· Major trends and growth projections by region and country
· Key winning strategies followed by the competitors
· Who are the key competitors in this industry?
· What shall be the potential of this industry over the forecast tenure?
· What are the factors propelling the demand for the Action Figures and Statues?
· What are the opportunities that shall aid in significant proliferation of the market growth?
· What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
· How has the covid-19 impacted the growth of the market?
· Has the supply chain disruption caused changes in the entire value chain?
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