The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“After Sun Care Products Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the After Sun Care Products Market by region.
Global After Sun Care Products Market is valued at approximately USD 1.14 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.10% over the forecast period 2022-2029
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After lengthy sun exposure, you should apply a moisturizing lotion to the skin. Its role is to calm the skin after UV radiation assault. The truth is that excessive UV exposure burns the skin. The increasing consumer awareness of the advantages of using after-sun care products, such as protecting the skin from the sun’s damaging rays, hydrating the skin, and others, is one of the main reasons fueling market expansion and influencing its demand throughout the world. Additionally, it is projected that the advent of after-sun care products with natural, premium components, that are non-toxic, and contain fewer chemicals would increase demand in the future.
The statistics provided by Cosmetic Europe, a Personal Care Association, indicate that sales of skin care products in Europe would exceed USD 26.30 billion in 2020. Market expansion is anticipated to be fueled by rising consumer knowledge of the variety of sun care products available. Additionally, the prevalence of sunburn difficulties throughout the global populace is driving up product demand. Over 33,000 sunburn cases were reported as requiring emergency hospital visits in the United States in July 2021, according to statistics released by the National Cancer Institute of the United States. Additionally, the development of e-pharmacy retail and ease of consumer access to pharmacy stores are driving up global product sales. However, skin damage associated with After Sun Care Products stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global After Sun Care Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. From 2022 to 2029, Asia Pacific is anticipated to hold the largest market share. This can be attributed to the growing population of working women in nations such as China and India, together with their growing willingness to spend money on after-sun care products, which has fueled the growth. In addition, the growing young populations in nations such as China and India are anticipated to present enormous growth potential over the next years. The fastest growing CAGR is anticipated in North America between 2022 and 2029. Customers in the US and Canada are willing to spend a lot of money to nurture their skin. This is fueling the expansion of the market in this area.
Major market players included in this report are:
- Hindustan Unilever LimitedThe Estee Lauder Companies Inc.Shiseido
- MacAndrews & Forbes (Revlon)
- L’Oreal S.A.
- Coty Inc.
- Clarins
- Beiersdorf AG
- Johnson & Johnson, Inc.
- Bioderma Laboratories
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Recent Developments in the Market:
Coty Inc., one of the industry’s top producers, debuted its Lancaster sun-sensitive line of products for sensitive skin in America and Europe in April 2021.
Aloha Prepare and Repair, a beauty supplement product, was debuted in France in May 2020 by D+ For Care, a manufacturer of nutricosmetic food supplements. Such a product aids in preparing and repairing delicate skin both before and after exposure to the sun.
An after-sun lotion made of a combination of coconut oil, grape water, and aloe vera was introduced by Caudalie USA Inc., In June 2020, a company that specialises in natural beauty products.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Mass
Premium
By Product:
Lotion
Cream
Gel
Others
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By Distribution Channel:
Hypermarkets & Supermarkets
Specialty Stores
E-commerce
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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