San
Francisco, 21 September 2018,The global aftersun care products market size is estimated to reach USD 2.81
billion by 2025, according to a new report by Grand View Research, Inc.,
exhibiting a CAGR of 3.1% during the forecast period. Rising product
penetration in personal and skin care applications globally is likely to act as
a key growth stimulant over the forecast period.
Growing awareness regarding importance of
sun care products and post UV exposure products for complete skin repair is one
of the key factors influencing the demand for after sun products across the
globe.
Lotion dominated the product
market, mainly on account of multiple benefits offered and versatility of the
product. Lotions are available for all skin types, climatic conditions,
consumer preferences, and most importantly, at reasonable prices.Gel-based
products and sprays are gaining popularity among seasonal users on account of
ease of handling, application and reapplication, and better absorption by the
skin.
The global after sun care
products industry is anticipated to witness the highest revenue growth in Asia
Pacific, at a CAGR of 4.3% over the forecast years. Major industry players,
including L’Oréal SAS, Beiersdorf AG, Clarins Group, Lancaster Group, and
Unilver Plc, are engaged in manufacture, marketing, packaging, and distribution
of after sun care products, globally.
Full Research Report On after sun care products market
Analysis:
www.grandviewresearch.com/industry-analysis/after-sun-care-products-market
www.grandviewresearch.com/industry-analysis/after-sun-care-products-market
Further key findings from the report suggest:
·
The after sun care products
market recorded valuation of USD 2.23 million in 2017 and is projected to rise
at a CAGR of 3.1% over the forecast period. Growing product popularity among
youth population across the globe is poised to benefit the overall growth
·
After sun cream market was
valued at USD 516.9 million in 2017 and is expected to witness steady growth
over the forecast period, on account of burgeoning demand for light oil-based
skin repair cream for face & body for deep nourishment and healing of sun
burnt skin
·
The after sun gel segment is
estimated to post a CAGR of 3.3% from 2018 to 2025. Widespread use of aloe-vera
based gel formulation for instant relief from skin irritation and skin soothing
& hydration are key factors driving product demand
·
Europe dominated the global
market for after sun care products in terms of revenue. The region was valued
at USD 666.6 million in 2017 and is projected to witness significant growth in
the near future on account of rising incidence of skin cancer and other skin
disorders in the U.K., France, Belgium, and the Netherlands, among others.
·
Some of the key strategies
adopted by industry participants are mergers & acquisitions and integration
across the value chain in order to strengthen their product portfolios and
global distribution networks.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/consumer-goods
Grand View Research has segmented the global after sun
care products market on the basis of product
and region:
After Sun Care Product Outlook
(Revenue, USD Million, 2014 - 2025)
·
Cream
·
Gel
·
Lotion
·
Powder
·
Spray
·
Others
After Sun Care Products
Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S
o
Canada
o
Mexico
·
Europe
o
U.K.
o
Germany
o
France
o
Italy
o
Spain
o
Rest of Europe
·
Asia Pacific
o
China
o
India
o
Japan
o
Indonesia
o
Malaysia
o
Singapore
o
South Korea
o
Rest of Asia Pacific
·
Central & South America
o
Brazil
o
Rest of Central & South
America
·
Middle East & Africa
o
South Africa
o
UAE
o
Qatar
o
Saudi Arabia
o
Rest of Middle East &
Africa
Access Full
Press Release of this Report:
www.grandviewresearch.com/press-release/global-after-sun-care-products-market
www.grandviewresearch.com/press-release/global-after-sun-care-products-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
