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Global Sun Protection Products Market Attractiveness, Competitive Landscape and Forecasts to 2022

04-27-2018 02:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Sun Protection Products Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about sun protection products market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Demand for sun protection products usually peaks during the summer season, as consumers particularly the female section seek for the best cosmetics products to protect themselves from sunburn and intensified UV rays. To an extent, sale of sun protection products is subjected to seasonal climate change and consumer preference for alternative products. Therefore, cosmetic brands are now trying to close the gap between sun care and skin care by introducing multipurpose sun protection products. Fact.MR’s latest study projects that the global sun protection products market will increase at a CAGR of 5.6% between 2017 and 2022 to reach a valuation of US$ 13,464.9 Mn. Moreover, growing popularity of natural and organic sun protection formula as well as the universal desire to remain young and attractive is driving innovation in beauty and wellness products.

Hypermarket/supermarket will Remain the Leading Distribution Channel for Sun Protection Products

Based on distribution channel, hypermarket/supermarket will continue to be an attractive distribution channel for sun protection products. Mushrooming of hypermarket/supermarket in emerging markets such as China and India is helping the global sun protection products market gain further momentum. Hypermarket/supermarket can accommodate huge stocks of wellness products including sun protection products and also making them easily available to consumers. In recent years, online retails stores have also emerged as a lucrative distribution channel as many of the younger generation of consumers prefer to shop online. By 2022-end, the online sales segment is expected to reach a market valuation of US$ 2,879.4 Mn, reflecting a CAGR of 5.1%.

Global Sun Protection Products Market- Regional Overview

Among regions, Asia-Pacific excluding Japan (APEJ) is expected to remain at the forefront of the global sun protection products market. APEJ’s sun protection products market revenue is anticipated to increase at a CAGR of 6.4% during the forecast period. This is primarily owing to rising disposable income in the many of the emerging countries in the region. Moreover, the economic growth in APEJ is leading to higher standards of living, which in turn is driving the desires of maintaining oneself better in terms looks and health. Markets in Europe and North America are expected to exhibit positive growth. Revenue from North America sun protection products market is anticipated to increase at a CAGR of 5% over 2022. Meanwhile, Latin America is also expected to account for a significant revenue share of the market during the forecast period. By 2017-end, the region is likely to command for 21.3% market share in terms of revenue, possibly gaining 15 BPS in its market share by 2022.

Sun Protection Products to Remain Highly Sought-After in the Market

Towards the end of forecast period, around US$ 5,675.7 Mn worth sun protection products are expected to sold worldwide. In terms of revenue, sun protection products currently account for more than one-third share of the market. Further, highlighting the use of natural and herbal ingredients in sun protection products remain a key branding strategy for manufacturers, which creates a positive image of the product on the consumer’s mind.

Browse Full Report with TOC- https://www.factmr.com/report/140/sun-protection-products-market

Table of Content:

1. Global Sun Protection Products Market – Executive Summary

2. Global Sun Protection Products Market Overview
2.1. Introduction
2.1.1. Global Sun Protection Products Market Taxonomy
2.1.2. Global Sun Protection Products Market Definition
2.2. Global Sun Protection Products Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Sun Protection Products Market Y-o-Y Growth
2.3. Global Sun Protection Products Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Sun Protection Products Market Analysis and Forecast By Product Type
3.1. Global Sun Protection Products Market Size and Forecast By Product Type, 2012-2022
3.1.1. Sun Protection Products Sun Protection Products Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. After Sun Products Sun Protection Products Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Dublin 2, Ireland
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Email: sales@factmr.com/
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