Manufacturers in the sun care industry
are primarily concerned with after sun exposure, sun protection
products. The main focus of manufacturers is to provide after sun
products that can absorb Ultraviolet (UV) rays and protect skin from
various problems. With the rising demand from consumers, manufacturers
are introducing multi-functional products with waterproof protection,
long-lasting effect, etc. Development of these products is centered
around the use of ingredients such as zinc oxide and titanium dioxide.
These ingredients help in producing better products. Also, against the
backdrop of increasing concerns over allergic reactions and toxicity due
to the chemicals in the after sun products, the formulations including
natural and organic ingredients are being produced on a large scale.
After sun products
for sensitive skin including various ingredients such as GMO free and
hypo-allergic oat ingredients, with mild formula are also being used on a
large scale. Use of sun care products in form of sheet masks is also
increasing offering cooling and soothing experience. However, in the
recent years, BB creams acting as the foundation for makeup,
moisturizer, and sunblock have become popular among the consumers. The
increasing demand for such creams can hamper the growth of the after sun
products. Hence, researchers are focusing on developing better after
sun products with added skin care benefits.
Leading companies in the global after
sun products market are Christian Dior SE, Unilever PLC, The Estee
Lauder Companies Inc., The Procter & Gamble Company, Shiseido Co.,
Ltd, Kao Corporation, Avon Products, Inc., Johnson & Johnson
Services, Inc., Beiersdorf Aktiengesellschaft, and L’OrĂ©al S.A.
Global After Sun Products Market to See Sluggish Growth throughout the Forecast Period 2017-2026
A new study by Transparency Market
Research (TMR) projects the global after-sun products market to
experience sluggish growth throughout the forecast period. The market is
estimated to grow at a CAGR of 3.4%. The global after sun products
market is also estimated to generate revenue of US$ 2,928.7 million by
the end of 2026.
The market for after-sun products is
segmented on the basis of end users, product type, source, sales
channel, and region. On the basis of the product type, among various
after-sun products, cream and lotion is expected to be the largest
segment witnessing the highest growth.
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The end users segment is further divided
into female and male. Female as the end users are expected to witness
the highest growth as compared to the male segment. Based on the sales
channel, modern trade is expected to be the largest sales channel in the
global after-sun products market.
By source, the market is further
segmented into natural and organic, and conventional. Among these two
sources, the conventional source is expected to witness growth during
the forecast period.
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