Press release

Sun Care Products Market Current Scenario and Future Growth Analysis by 2027

Sun Care Products Market Current Scenario and Future Growth Analysis by 2027

 

 
Exposure to sunlight is an important means of receiving Vitamin D, however, excessive exposure is harmful. The ultraviolet (UV) radiation in the sunlight, when overexposed to, causes painful sunburn and may lead to more serious health problems, including premature aging of skin, eye damage, immune system suppression, and skin cancer. This in turn, creates an increasing demand for sun care products.

Sun care products are made up of several ingredients such as avobenzone and benzophenone, which prevent the sun’s ultraviolet radiation from affecting the skin. Sun Protection Factor (SPF) is the measure of how sunscreen protects the skin from UVB rays, which causes sunburn, skin damage, and can contribute to skin cancer. The various factors of sunscreen are associated with different properties. For example, SPF 15 allows one to stay sunlight without burning for around 150 minutes.

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Products containing para-amino benzoic acid (PABA) or oxybenzone as well as those containing preservatives or fragrances can cause allergy-prone skin or conditions such as acne or rosacea, which pose as restrains to growth of the sun care market.

Growing prevalence of actinic keratosis, a painful condition which has 15% chances of causing skin cancer, is also boosting demand for sun care products. For instance, according to NCB, in Europe, the U.S., and Australia, prevalence of actinic ketosis was recorded to be 4·5-60%.

Sun Care Products Market Taxonomy

On the basis of product type, the sun care products market is segmented into:
Sun Protection Products
After Sun Products
Self-tanning Care Products

On the basis of gender, the sun care products market segmented into:
Female
Male
Child

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Some of the key market players operating in the global sun care products market include OLAY(US), L'OREAL(France), Avene(France), NIVEA(Germany), Mentholatum(US), Pechoin(China), Neutrogena(US), ANESSA(Japan), Biore(Japan), LANCOME(France), Hanhoo(China), SOFINA(Japan), SHISEIDO(Japan), MeiFuBao(China), CHANDO(China), MARUBI(China), LANEIGE(Korea), KANS(China), Clinique(US), and Kiehl's(US).

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.


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