What is Sun Care Product Market?
Suncare products are applied to the skin to protect against the harmful effects of the sun's ultraviolet rays. Suncare products come in many forms, like creams, lotions, lip balms, hair tonics, and gels. The active elements work by absorbing, reflecting, or scattering some or all of the sun's rays. SPF values represent the amount of time a user can be exposed to sun rays before getting the red erythema known as sunburn.
The market study is being classified by Type (Sun Protection, After Sun and Self-Tanning) and major geographies with country level break-up.
Beiersdorf AG (Germany), Groupe Clarins (France), Johnson & Johnson (United States), Coty Inc. (United States), Shiseido Co. Ltd. (Japan), L'oreal (France), Estee Lauder (United States), Burt's Bees (United States), Unilever (United Kingdom), Avon Products Inc. (United States), Bayer Healthcare (Germany), Blistex Inc. (Germany), Neutrogena Corporation (United States) and Walgreens Boots Alliance (Switzerland) are some of the key players profiled in the study.
Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Sun Care Product market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sun Care Product market by Type, Application and Region.
On the basis of geography, the market of Sun Care Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Need for Skin Care Products owing to Changing Climatic Conditions
- Rising Popularity among Millennials
Market Trend
- Growing Adoption of After Sun Care Products
- Increasing Online Sales of Cosmetic Products
Restraints
- Side Effects of Chemical Based Cosmetics
- Elongated Time for New Product Launches
Opportunities
- Attractive Promotional and Marketing Strategies and Product Innovation According to Customer Preferences
Challenges
- Advanced Medical Beauty Treatments and Easy Availability of Forged Products
Annex VI of the EU cosmetic regulation includes the list of approved UV filters for use in cosmetic products. There are currently 31 allowed UV filters, including 4 nano-sized UV filters. In 2006, the European Commission published its recommendation on the efficacy of sunscreen products and the claims made relating to them (2006/647/EC), which set basic rules for labelling, claims and efficacy of sunscreen products.
Key Target Audience
Manufacturers of Sun Care Product, Suppliers of Sun Care Product, Wholesalers, Distributors and Retailers of Sun Care Product, Cosmetic Industry and Regulatory Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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