Sun Care Products Market to reach USD 15.22 Bn by 2029, emerging at a CAGR of 4% percent and forecast 2022-2029 from manisha's blog

The Sun Care Products Market was valued at US$ 11.57 billion in 2022. Rising worries about skin protection from the sun's damaging rays, as well as growing awareness about skin cancer, are driving market expansion. As a result of the COVID-19 epidemic, sales of sun care products have declined as clients have converted to a work-from-home lifestyle. As a result of this factor, consumers worldwide reduced their leisure, recreational, and sporting event travel in 2020, resulting in lower consumer consumption.

Sun Care Products Market Overview: 

The Sun Care Products Market Research Report has conducted a thorough assessment of the present state, which includes definitions, classifications, applications, and the intricate structure of the industrial chain within the targeted sector. This study gives insights into the current market state, historical market performance, production and consumption rates, demand-supply dynamics, and revenue estimates for the projected term, all with unbiased and expert analysis. Notably, the report includes strategic aims and growth methods used by prominent players in this area. Mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions are all part of this study. In conclusion, this study provides a thorough view of the sector's national and regional landscape.

Key Insights: 

Sun Care Products Market Size in 2022 was worth US $ 11.57 Bn. at a CAGR 4% and it is expected to reach US $ 15.22 Bn. in 2029.

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COVID-19 Impact on Sun Care Products market:

The Sun Care Products industry has bore the brunt of the COVID-19 pandemic, with far-reaching consequences. Production facilities were halted due to disruptions and manpower shortages. This issue resulted in a severe and protracted decrease in production utilisation, which was exacerbated by travel restrictions and facility closures that kept employees away from their workplaces, slowing the Sun Care Products market in 2020. The negative impacts of COVID-19 on this market, however, are predicted to be ephemeral, with a rapid comeback forecast by early 2021, driven by increased demand for Sun Care Products   .

Sun Care Products Market Drivers:

The growing global awareness of skin cancer and other skin ailments has increased demand for sun care products, which is expected to climb further throughout the forecast period. Furthermore, these products are gaining popularity among clients due to their multi-functional sun protection and wrinkle prevention capabilities. People are becoming more conscious of the importance of protecting their skin from damaging UV rays, which is fueling the worldwide sun care market's rapid expansion. As government health experts work to reduce the rising number of cases of UV-induced melanomas, the use of such devices grows.

Sun Care Products Market Segmentation: 

by Product Type

• Adult Sun Cream
• Baby Sun Cream
• After Sun
• Fake Tan/Self Tan
• Tanning
by Distribution channel

• Hypermarket & supermarket
• Pharmacy & drug store
• Specialty store
• Online
• Others

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Key Players:

This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
• Beiersdorf AG
• Groupe Clarins
• Johnson & Johnson
• Coty Inc.
• Shiseido Co. Ltd.
• L'oreal
• Burt's Bees
• Bioderma Laboratories
• Unilever
• Procter & Gamble
• Kao Corp.
• Avon Products, Inc.
• Christian Dior SE
• Estee Lauder
• Shiseido Company

Regional Analysis:

The region section of the research also includes important market influencing factors and changes in market regulation that impact the market's current and future trends. Some of the primary variables utilised to assess the market scenario for various locales are new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. Furthermore, when offering forecast analysis of national data, the existence and availability of brands, as well as the challenges they face as a result of strong or weak competition from local and domestic brands, as well as the influence of sales channels, are considered.

Table Of Content: 

1. Sun Care Products Market: Research Methodology
2. Sun Care Products Market: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Sun Care Products Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Sun Care Products Market: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Latin America
3.12. COVID-19 Impact

Key Questions Answered in the Sun Care Products Market Report are: 

• Which segment emerged as the leading segment in the Sun Care Products market?
• Which are the key players in the Sun Care Products market?
• What trends are likely to emerge in the Sun Care Products market in the coming years?
• What will be the Sun Care Products market size by 2027?
• Which company held the largest share in the Sun Care Products market in 2020?

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