Sun Protection Market Emerging Trends, Demand, Revenue and Forecasts Research 2030
The report entails an organized database of the Sun Protection market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Reserch, is a detail-oriented compilation of the crucial aspects of the Sun Protection market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
The Global Sun Protection Market size was USD 10.91 Billion in 2021 and is expected to register a revenue CAGR of 4.0% during the forecast period, according to latest analysis by Emergen Research. Growing awareness of skin cancers and various other skin disorders and increasing popularity of sun protection products owing to multi-functional properties, such as tinted sunscreen, are key factors driving market revenue growth.
Prolonged sun exposure causes skin reddening, sunburn, and inflammation due to Ultraviolet (UV) radiation, reducing skin flexibility and collagen loss, which are a few major factors driving demand for sun protection products. Sun exposure causes hyperpigmentation or uneven skin pigmentation, which may be avoided by using sun protection creams on a regular basis. According to American Cancer Society estimates, about 99,780 new melanomas are expected to be diagnosed in 2022. Excessive sun exposure increase possibility of three forms of cancer, melanoma, basal cell carcinoma, and squamous cell carcinoma, with melanomas having a higher fatality rate, while non-melanoma skin cancers have a greater morbidity and skin damage.
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Furthermore, various major pharmaceutical and cosmetology companies are researching & developing better and effective sun protection solutions that would provide manufacturing quality, efficacy, and safe sunscreen formulations. Consumers prefer a product that spreads easily with a moderately moist sensation during application, quick drying followed by a smooth, dry post-application sensation giving a mattifying effect with almost little and no noticeable residue on skin. Multi-functional products, such as skin brightening or moisturizer mixed with sun protection, are in high demand, particularly among female consumers.
Companies profiled in the global Sun Protection market:
Beiersdorf Global, Johnson & Johnson Services, Inc., L'Oréal, Clarins, Shiseido Company, Procter & Gamble, The Estée Lauder Companies Inc., Burt's Bees, Unilever, and VLCC Wellness., Others
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Sun Protection Market segmentation
Product Type Outlook (Revenue, USD Billion; 2019-2030)
· Baby sun cream
· Adult sun cream
· After sun
· Tanning
Form Outlook (Revenue, USD Billion; 2019-2030)
· Sprays
· Lotion/cream
· Roll-on/stick
· Others
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Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
· Supermarket & hypermarket
· Online
· Pharmacy & drugstore
· Specialty store
· Others
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Sun Protection Market:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
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Key Features of the Sun Protection Market Report:
· The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
· The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
· Evaluation of key current and emerging market trends and growth prospects
· It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
· Brief overview of industry with regards to research and development, technological advancements, and product development
· In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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