Sun Care Products Market Report 2022, Top Companies Share, Industry Demands, Growth Analysis and Forecast Till 2027

According to the latest report published by IMARC Group, titled "Sun Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", the global sun care products market reached a value of US$ 11.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2027, exhibiting at a CAGR of 7.3% during 2022-2027. Sun care products are widely used by individuals to protect the skin from harmful ultraviolet (UV) rays. They aid in preventing the skin from sunburn, premature aging, actinic keratosis and leathery skin. These products are generally formulated with avobenzone, zinc oxide and benzophenone that build a barrier and shield the skin from UV radiation. Additionally, the efficacy of these products depends upon their sun protection factor (SPF), which usually indicates the level of protection from UV rays. They are gaining popularity among the masses due to their easy availability in diversified range across the online and offline organized retail channels.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Global Sun Care Products Market Trends:

The global market is primarily driven by the increasing prevalence of skin cancer. In line with this, the rising awareness regarding the harmful effects of sun rays on the skin is providing a boost to the sales of sun care products. Moreover, the increasing preference for maintaining an aesthetic appearance, along with the inflating disposable income levels of the masses, is creating a positive outlook for the market. The market is further driven by rising investments by leading players in product innovations, such as the introduction of sun care products infused with a combination of compounds exhibiting intensive moisturizing solutions and anti-aging properties.

Also, the advent of innovative product variants in diversified fragrances and matte or dewy finish is positively influencing the market growth. Additionally, the development of robust marketing strategies, promotional campaigns and celebrity endorsements by vendors is also acting as a major growth-inducing factor.

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Global Sun Care Products Market 2022-2027 Analysis and Segmentation:

Competitive Landscape With Key Players:

• Johnson & Johnson Services, Inc.
• L'Oréal S.A., Revlon, Inc.
• Unilever PLC, Shiseido Company, Limited
• Estee Lauder Companies, Inc.
• Beiersdorf AG, Avon Products, Inc.
• Clarins Group, Procter & Gamble Company, Coty, Inc.
• Lotus Herbals Pvt. Ltd., Amway Corp.
• Edgewell Personal Care LLC.

Market Breakup by Product Type:

• Sun Protection Products
• After-Sun Products
• Self-Tanning Products

Market Breakup by Product Form:

• Cream
• Gel
• Lotion
• Wipes
• Spray
• Others

Market Breakup by Gender:

• Female
• Male
• Unisex

Market Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Retailers
• Pharmacies and Drug Stores
• Online Stores
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
.
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