Business Fashion

Sun Care Products Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast To 2027

The global sun care products market is set to gain traction from the increasing development of innovative devices for measuring sunlight intensity. Manufacturers are doing so to enhance sun-safety habits among people worldwide. This information is given by Fortune Business Insights™ in a new report, titled, “Sun Care Products Market Size, Share & COVID-19 Impact Analysis, By Product Type (Sun-protection, After-sun, and Tanning), Form (Lotion, Spray, Stick, and Others), SPF (0-29, 30-50, and >50), Distribution Channel, and Regional Forecast, 2020-2027.” The report further states that the sun care products market size was USD 13.03 Billion in 2019 and is projected to reach USD 16.84 Billion by 2027, exhibiting a CAGR of 3.5% during the forecast period.

COVID-19: Focus of Consumers towards Essential Goods to Decline Demand for Products

Owing to the emergence of the COVID-19 pandemic, international and domestic travels are banned across the globe. Ruling bodies have implemented stringent measures, such as lockdown, social distancing, and stay-at-home orders to prevent the transmission of coronavirus. This has further declined the demand for sun care products. Also, people are purchasing essential goods rather than spending money on such products. We are providing extensive analysis of the market so that you can select the right strategy for coming out of this grave situation.

This Report Answers the Following Questions:

  • How will the COVID-19 pandemic affect the global market?
  • Which region and segment are set to dominate the market?
  • What are the latest trends and innovations taking place in the market?
  • Which key companies are likely to lead by surging sales of sun care products?

List of the Leading Companies Profiled in the Global Sun Care Products Market are:

Drivers & Restraints:

Increasing Awareness Programs about Skin-related Issues to Boost Growth

The increasing prevalence of cancers, skin aging, and sunburn on account of the prolonged exposure to sunlight is a vital factor responsible for the sun care products market growth. According to the ‘Youth Risk Behavior Surveillance,’ in 2017, in the U.S., 78.8% of white surveyed female participants suffered from sunburn the previous year. This is also surging the number of awareness programs to educate the masses about skin-related issues caused by UV rays. However, sun care products exhibit the highest demand only during summer and holiday seasons. In the other seasons, people are less likely to buy these products. This factor may hamper growth in the coming years.

Regional Analysis:

Rising Popularity of Sunbathing in Asia Pacific to Propel Growth

Geographically, 2019, Europe generated USD 4.19 billion in terms of revenue. This growth is attributable to the increasing usage of sun care products during the summer season in this region. The British Beauty Council Report 2018 declared that approximately 220 million pounds were contributed to the U.K. GDP by sun care products alone in that very year.

Asia Pacific, on the other hand, is expected to showcase significant growth throughout the forthcoming years because of the rising popularity of sunbathing and surging beachside tourism activities in the region. In addition to that, subtropical conditions in New Zealand & Australia and tropical conditions in Southeast Asia & India would increase the consumption of these products.

Segment:

Need for Reapplication to Drive Growth of Sun-protection Segment

Based on product type, the sun-protection segment earned 78.81% in terms of sun care products market share in 2019. It would hold the largest share in the near future backed by the rising need to re-apply these products every 2 hours when exposed to sunlight.

Competitive Landscape:

Key Players Aim to Generate More Sales by Launching Novel Sun Care Products

The market is highly fragmented. It is mainly characterized by multi-national and local companies. They are conducting extensive research and development activities to unveil safe products equipped with natural ingredients.

Below are the two latest industry developments:

September 2020: Aegte, a provider of premium skincare products based in New Delhi, India, launched Aegte Glass Skin Sunscreen Gel SPF 50++. It is made up of 100% natural ingredients, such as Swiss garden cress sprouts and red algae extract.

September 2020: KOCOSTAR, a Korean cosmetics company introduced its latest SPF50+ PA+++ sunscreen capsule face mask. It is eco-friendly and cruelty-free and can provide protection from harmful sunlight.

Browse Summary of This Research Report:

https://www.fortunebusinessinsights.com/sun-care-products-market-103821

Sambhav
Oliver James is a UK-based professional blogger, content writer, and content marketer who writes about travel and tourism, finance, real estate, and other topics on his blog. Passionate about writing, traveling, and getting the best deal on everything he buys, Oliver also writes for customers and helps them publicize their products, and services in the US and UK markets. He is a traveler who has visited over 35 countries and loves his job because it gives him the opportunity to find stories, experiences, and places which he can share with his readers. Oliver James is a professional blogger, content marketer, traveler, and electronics enthusiast. He started blogging in 2016 and has become a contributing writer for several blogs, including Android Authority and Elecpros. Oliver has also published his own informational books with Kindle Direct Publishing on subjects like Flappy Bird and Google Cardboard. Also Read: > all inclusive holidays > Lumber Takeoff Services QB data service is a software development company established in the United States that specialises in offering organisations all over the world with individualised technological solutions. QB data service is a company that specialises in the development of mobile and web-based applications, and it employs over 2,800 skilled software developers. In order to deliver enterprise-grade solutions, the company combines its technological expertise, specific domain experience, and a passion for excellence. Communication Happening in Real Time Our application developers adhere to your time zone so that real-time collaboration and a genuine "branch location" atmosphere may be achieved. This helps to ensure that we are always available during your operating hours. Support and scalability of the system We define strategies and a dedicated team for your software development project based on your objectives, and we work with you to achieve those objectives so that you receive the most value and the quickest return on investment possible. Expertise Pertaining to One's Industry Our software developers are divided into virtual divisions, each of which carries the domain experience and know-how necessary to provide outstanding application development solutions. Who Owns the Source Code and All Other IP After the completion of the project, there will be no need to pay any licencing costs for our totally customisable software solutions. According to the terms of our agreement, you will have full ownership of the source code as well as the intellectual property associated with your proprietary software. QB data service takes great satisfaction in possessing comprehensive industrial and technology experience, which enables the company to design, integrate, and implement genuinely exceptional custom software solutions for its customers. In order to achieve this objective, QB data service has developed a broad ecosystem of connections with the most influential figures in both industry and technology. Our ability to advance our clients' technological goals through the development of bespoke software solutions is entrusted to us by businesses ranging in size from small to mid-sized to those in the Fortune 5000. Hi, I am James Aaron, a professional Data recovery Engineer, working with Quickbooks Data Services as a consultant from the past five years in the USA. I am a specialized and trained Cloud consultant who helps a small and medium-sized entrepreneur to track & manage their company file and a database online at any time from anywhere. reset QuickBooks password | QuickBooks Error 3371 | QuickBooks Error H202 | QuickBooks outlook is not responding | QuickBooks unrecoverable error | QuickBooks Tool Hub | QuickBooks 2022 keeps crashing | QuickBooks restore failed | QuickBooks migration failed unexpectedly | QuickBooks Error 1712 | this company file needs to be updated | QuickBooks Error PS038 | QuickBooks Error OL 222 | QuickBooks missing pdf component | QuickBooks update error | QuickBooks 2020 discontinued | QuickBooks Bank transactions not updating | QuickBooks Error 1603 | QuickBooks Data migration services | QuickBooks Data Conversion services | QuickBooks Data Recovery services
https://www.foodsure.in/

Leave a Reply

Your email address will not be published.