San
Francisco, 28 September 2018 - The global after sun 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 Global After Sun Care Products Market By Grand View
Research:
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:
www.grandviewresearch.com/industry/consumer-goods
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
- U.S
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Rest
of Europe
- Asia
Pacific
- China
- India
- Japan
- Indonesia
- Malaysia
- Singapore
- South
Korea
- Rest
of Asia Pacific
- Central
& South America
- Brazil
- Rest
of Central & South America
- Middle
East & Africa
- South
Africa
- UAE
- Qatar
- Saudi
Arabia
- Rest
of Middle East & Africa
Access
Press Release Of This Research Report By Grand View Research:
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
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