Sun Care Products Market Size to Grow by USD 4.83 Billion

Sun Care Products Market 2021-2025: Driver and Challenge Analysis

Product innovation and product line extension are some of the key factors driving the global sun care products market growth. Moreover, the increase in the disposable income of the middle-income population especially the working class of women has fueled the demand for premium sun care products that can keep the skin moisturized for a longer period of time. Availability of these premium products coupled with rising in spending power will drive the growth of the market in focus during the forecast period.

Availability of counterfeit sun care products is one of the key challenges to the global sun care products market growth. Low-quality counterfeit BPC products can cause serious skin problems. Price-sensitive customers are attracted to these products due to their low price compared to the products by key vendors. Counterfeit sun care products contain petrochemicals, parabens, and other harmful chemicals, which harm the skin of consumers and the brand’s name. In addition, many consumers buy these fake products as differentiating between counterfeits and real products is difficult because counterfeit products are copied from original products, which affects the market penetration and profit margins of key vendors.

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Sun Care Products Market 2021-2025: Segmentation Analysis

• Product
• Sun Protection Products
• After-sun Products
• Self-tanning Products
• Distribution Channel
• Geography
• Europe
• North America
• APAC
• South America
• MEA

The sun protection products segment will account for the largest sun care products market share in 2020. The segment will account for the largest market share throughout the forecast period. This high number is attributed to the awareness among consumers about the benefits of using sun protection products . Amorepacific, Coty, Johnson & Johnson, Beiersdorf, Estée Lauder Companies, and L’Oréal are launching high-quality products in the form of lotions, sticks, and sprays which will further increase the demand for sun care products during the forecast period. The offline distribution channel segment will account for the largest market revenue throughout the forecast period. In terms of Geography, Europe will contribute 33% of the overall growth during the forecast period. The significant increase in the demand for premium-priced and multifunctional sun care products will facilitate the sun care products market growth in Europe. Germany, Franceand the UK are the key markets for sun care products in Europe.

For more information on the contribution of each segment and regional analysis, Download Sample Report

Sun Care Products Market 2021-2025: Scope and Vendor Analysis

The report also covers the following areas:

The sun care products market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. To help businesses improve their market position, the sun care products market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Amorepacific Group Inc., Amway Corp., Beiersdorf AG, Coty Inc., Edgewell Personal Care Co., Groupe Clarins, Johnson and Johnson Inc., LOreal SA, Shiseido Co. Ltd., and The Estee Lauder Co. Inc.

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Sun Care Products Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist sun care products market growth during the next five years
• Estimation of the sun care products market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the sun care products market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of sun care products market vendors

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