The global sun care market is expected to witness significant growth over the forecast period. Sun Care is the first line of day-to-day defense to counter damaging effects of sun exposure giving long-term safety against UVA and UVB rays which may be the cause of early skin ageing and causing various side effects like tanning, sun burns, skin cancer, etc. To overcome such harmful effects there are various sun care products available in the market today. These sun care products are available in various forms consisting of a broad spectrum of Sun Protecting Factor usually known as the SPF to protect the skin against harmful rays. Additionally, sun care products also have multi-functional whitening properties with prevention against wrinkles.
Some sun care products have special ingredients like Aloe Vera, fruits extracts, etc. that also nourish the skin. The global sun care market size spans type of skin care product, form, and geography. On the basis of type of sun care product, the global market size spans Sun Protection, After Sun, and Self-Tanning.
Amongst the types of sun care products, sun protection products accounted for a major share in 2015. The factors that attribute to the growth of this segment include rising concern about skin protection against detrimental rays of the sun and improved alertness regarding skin cancer.
The Sun Protection products consist of SPF 6-14, SPF 15-30, SPF 30-50, and SPF 50+. On the basis of form, the global Sun Care Market size spans Cream, Gel, Lotion, Powder, Liquid, Wipes, Spray, and Colored.
Amongst the forms of sun care product, the “Cream” form of products accounted for a major share in 2015. The factors that attribute to its major share include simplicity of use and nourishing properties of cream. Also, it is one of the most common forms of sun care product. On the basis of geography, the global market size spans North America, Europe, Asia Pacific, and Rest of the World. In case of geographical region, North America accounted for the largest in 2015. The North American market is followed by Europe. Both - North American and European regions together accounted for the maximum share of the global sun care market size in 2015. However, the market size has reached the saturation point; so expected to get stagnated in the forecast period. On the other hand, Asia Pacific is anticipated to be the fastest growing region of the market during the forecast period owing to growing awareness regarding harm caused by sun burn.
Some of the prominent players that fuel the growth of the global market include Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd., L'oreal, Bioderma Laboratories, Estee Lauder, Burt's Bees, and Unilever among others.
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The sudden rise of COVID-19 to a pandemic level has severely impacted the demand patterns of cosmetics and also certain categories of personal care products. Furthermore, policies across the globe restricting the movement of people have also led to disruptions in the supply of personal care products. The availability of e-commerce platforms during these times has, however, offset the disruptions caused in the last-mile supply of customer purchases. From manufacturing stand, production stoppages due to the pandemic shall cast considerable stress on operational costs. The report will account for Covid19 as a key market contributor.