The global sun care products market is profiled in great detail in the latest research report from Market Research Future (MRFR), providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects over the forecast period from 2018 to 2023. The historical stats of the sun care products market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the sun care products market’s growth trajectory over the forecast period are provided in the report. The leading players in the global sun care products market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global sun care products market. The major drivers and restraints affecting the global sun care products market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back. The impact of the COVID-19 pandemic on the sun care products market is also assessed in the report.
Sun care products are products applied on the skin or hair to protect the same from sun damage. Solar radiation can contain harmful ultraviolet light, which can affect the skin or hair adversely, leading to an unaesthetic appearance and reduced health. Increasing awareness about sun care products is likely to be the major driver for the global sun care products market over the forecast period. Due to massive advertising campaigns undertaken by market players, most consumers are aware of multiple sun care products and use them to protect themselves from the sun. The increasing disposable income of urban consumers in emerging countries is likely to be a major driver for the global sun care products market over the forecast period. This is also likely to drive the demand for premium sun care products over the forecast period.
Leading players in the global sun care products market include Unilever, Burt’s Bees, The Estee Lauder Companies Inc., Bioderma Laboratories, L’Oreal, Shiseido Co. Ltd., Coty Inc., Johnson & Johnson, Groupe Clarins, and Beiersdorf AG. Advertising is likely to be a major tactic for players in the global sun care products market over the forecast period. Advertising is crucial in increasing brand visibility, leading to increasing expenditure on advertising from major players in the market.
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The global sun care products market is segmented on the basis of type, form, end use, distribution channel, and region.
By type, the global sun care products market is segmented into sun protection products, after-sun products, self-tanning care products, and others. The sun protection products and after-sun products segments are likely to dominate the global sun care products market over the forecast period.
By form, the global sun care products market is segmented into creams and lotions, gels, powder, sprays, and others. The creams and lotions segment dominates the global sun care products market and is likely to remain a major revenue generator over the forecast period.
By end use, the global sun care products market is segmented into skin care, hair care, and others. The skin care segment dominates the global sun care products market and is likely to remain the leading revenue generator over the forecast period.
By distribution channel, the global sun care products market is segmented into store-based and non-store-based. The store-based segment is further sub-segmented into supermarkets and hypermarkets, convenience stores, specialty stores, and others.
North America holds the largest share in the global sun care products market due to the widespread awareness about sun care products among consumers in the region. Europe holds the second largest share in the global sun care products market, followed by Asia Pacific. Asia Pacific is expected to exhibit the highest CAGR over the forecast period.
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