Sun Care Products Market was valued at USD 14,682.22 million in 2023 and is expected to reach USD 22,362.31 million by the year 2030, at a CAGR of 5.4%.
The term Sun Care Products Market 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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Top Key Players Covered 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 global Sun Care Products Market is the market in-depth and offers a comprehensive analysis of the major growth determinants, Sun Care Products Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Sun Care Products Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Sun Care Products Market major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Sun Care Products Market Report:
The Sun Care Products Market can be segmented based on various factors that help categorize and analyze different aspects of the industry. Here are some common segmentation criteria for the palletizer 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
Intelligent Agencies Market Share Data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Opportunities:
Sizing Up the Demographics
Establishing healthy positions in countries during baby booms also makes sense. The global baby- and child-specific beauty and personal care market was worth over US $15 billion in 2013, of which sun care registered for only 5%. Given parents' natural predisposition to protect the health of their children, baby- and child-specific sun care brands are required to focus the largest share of that market. As of now, there are only four economies over the globe such as the United States, Brazil, Italy, and the UK, where the baby- and child-specific sun care products market is worth more than the US $50 million a year. In comparison, there are 13 markets where baby- and child-specific sun care products are worth more than the US $50 million. The latter generates globally more than three times as much value. The sun care products category can realistically narrow that gap.
Key points of the report
· This report provides a pin-point analysis of changing competitive dynamics
· It provides a forward-looking perspective on different factors driving or restraining market growth
· It provides a five-year forecast assessed based on how the market is predicted to grow
· It helps in understanding the key product segments and their future
· It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
· It helps in making informed business decisions by having complete insights of the market and by making in-depth analyses of market segments
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