After-sun Products market Is Projected To Rise At A Cagr Of 7.62% During 2028

After-sun products are used after exposure to sun to provide hydration, cooling, and nourishment. It reduces redness of skin and prevents skin peeling due to sun burn. Increasing awareness of health hazards caused due to prolonged sun exposure such as sunburn, skin-tanning, early aging, and skin cancer is driving growth of the after-sun products market. Rising trend of organic and natural personal care products is increasing the demand for after-sun products containing natural components such as aloe vera, fruit extract, and others. According to the Centre for the Promotion of Imports, natural cosmetics market in Germany grew by 9.2% in 2016 with consumer spending of US$ 1.37 billion in 2016. VLCC Health Care Limited launched sun care summer range including soothing after-sun gel containing red algae gel and sea buckthorn fruit oil in January 2013.

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After-sun products Market Taxonomy

On the basis of product type, after-sun products market is segmented into:
Essential oils
Cleansers and Foaming
Gels and Scrubs
Creams and Lotion
Others

On the basis of end-user, after-sun products market is segmented into:
Male
Female

On the basis of distribution channel, after-sun products are segmented into:
Supermarkets
Hypermarkets
Convenience stores
Specialty stores
Online channel

Creams and lotion product type segment accounted for highest market share in 2016 due to its advantages such as easy application, ease of handling, and rapid absorption. Female segment held the highest market share in the end user segment of after-sun products market. This is attributed to the rising awareness of skin problems such as wrinkles, tanning, premature aging, and dry skin due to sun exposure among women.

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Europe region held highest market share in the global after-sun products market. This is attributed to the significant demand for skin care products such as after-sun products in this region. According to Cosmetics Europe, a trade association for cosmetics and personal care industry in Europe, skin care products held the highest market share with retail sales of US$ 23.71 billion in 2016 in Europe. Furthermore, significant incidences of sun burn is fueling growth of after-sun products market in this region. According to the British Association of Dermatology, 72% of the population in U.K. admitted that they suffered from sunburn in 2014.

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