The global Sun Protection Product Market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are increasing public awareness about skin care, rising cases of melanoma and non-melanoma skin cancers caused by UV exposure, insatiable desire among masses to maintain youthfulness, and increasing usage of organic and natural components with no negative effects.
UVA and UVB radiation are hazardous to the skin, and sun care treatments are intended to prevent ailments due to exposure to such radiations. These products prevent early indications of ageing, tanning, sunburn, wrinkles, fine lines, and pigmentation caused by chronic sun exposure. These creams are created with chemicals such as benzophenone and avobenzone, which act as a barrier to UV radiation and prevent skin damage. The Sun Protection Factor (SPF) of a sun care product determines how long the user may spend in sun without major skin damage.
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Top Companies Operating in the Global Sun Protection Product Market Report:
- Johnson Johnson
- L'Oreal
- Proctor Gamble
- Revlon
- Unilever
- Shiseido
- Estee Lauder
- Beiersdorf
- Avon Products
- Clarins Group
- Coty
- Lotus Herbals
- Amway
- Edgewell Personal Care
- Others
Major Driving Factors of Sun Protection Product Market
- Changing Lifestyles and Outdoor Activities: Changing lifestyles, including increased participation in outdoor activities such as sports, travel, and recreational activities, have contributed to a greater need for sun protection. Consumers are seeking products that can provide effective UV protection during various outdoor pursuits.
- Growing Beauty and Personal Care Industry: The beauty and personal care industry has experienced significant growth in recent years, and sun protection products have become an integral part of skincare routines. With the rising focus on maintaining healthy and youthful skin, consumers are incorporating sun protection products into their daily regimen, contributing to market growth.
- Increasing Disposable Income and Urbanization: Rising disposable incomes, particularly in emerging economies, coupled with urbanization trends, have led to increased spending on personal care products, including sun protection products. As more individuals can afford these products, the demand has surged.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Sun Protection
- After-sun Protection
- Self- Tanning
- Others
Product Form Outlook (Revenue, USD Billion; 2018-2028)
- Cream
- Gel
- Lotion
- Wipes
- Spray
- Others
SPF Outlook (Revenue, USD Billion; 2018-2028)
- 0-29
- 30-50
- 50
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Supermarkets and Hypermarkets
- Specialty Retailers
- Pharmacies and Drug Stores
- Online Stores
- Others
Key Takeaways of the Global Sun Protection Product Market Report:
- A comprehensive overview of the global Sun UV Protection Product industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Sun Protection Product Market.
- Elaborate study of the leading regional markets in the global Sun Protection Product Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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