Sun care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028

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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. The sun care industry is contained of establishments that are primarily worried about the retailing of sun protection, after-sun exposure, and self-tanning products. Sun care product includes various product segments developed to reflect or absorb the ultraviolet radiation emitted from the sun. Moreover, in 2020, the sun care products market gained a revenue of 9.3 billion U.S. dollars, a decrease of around 600 million dollars. This was most probably owing to the Covid-19 pandemic and the corresponding restrictions.

This Sun care Products Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Sun care Products markets.

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Key Industry Players in 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.

The growing global awareness of skin cancer and skin disorders has increased the demand for sun care products, which is expected to surge more over the forecast period. Additionally, these products are gaining popularity among consumers due to their multi-functional sun protection properties with prevention against wrinkles. The global market for sun care products is expanding rapidly as people are becoming increasingly aware of the need for maintaining their skin from harmful UV rays. The use of such products continues rising as government health agencies seek to contain increasing cases of UV-induced melanomas.

Segmentation Analysis Includes,

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)

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Questions Answered in the Baobab Market Research Report:

·         Which region held the highest share in the market?

·         Which is the leading segment based on product type?

·         How much is the sun care products market worth?

·         At what CAGR is the sun care products market projected to grow in the forecast period (2022-2028)?

·         Who are the key players/companies in the global sun care products market?

Sun care products are used on the skin for protection against harmful ultraviolet (UVA and UVB) rays. They counter the damaging effects of continuous sun exposure such as early signs of aging, tanning, sunburn, wrinkles, fine lines and pigmentation. These products are made by using ingredients, such as benzophenone and avobenzone, that create a barrier and prevent the UV rays from harming the skin.

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Sun care products are in the form of cream lotion and sprays that are applied to the skin to protect against the harmful effects of the sun's ultraviolet rays. The sun care products market is segmented by type into self-tanning products, after-sun products, and sun protection products. By distribution channel, the scope includes supermarkets/hypermarkets, specialty stores, online store, and other distribution channels.

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