Rising concerns about skin health promotes the Sun Care Products Market

Market Overview:
The sun care industry includes companies that make sun care products. In different manufacturers' regions around the world, the largest launch of products with additional benefits such as anti-aging components, fragrances, vitamins, shine effects, and quick-drying effects are attracting a greater number of users.

The sun care products market is driven by increased consumer awareness of sun protection and skin health, which is driving growth across all segments, including sun protection and self-tanner. The availability of sunscreens in various personal care categories, such as wrinkle lotions, daily wear, and child and baby care products, is also driving sales of sunscreen products.

Recent Developments:
Beiersdorf has successfully completed the purchase of the iconic Coppertone solar brand. As of August 30, 2019, the international operations of Coppertone are transferred from Bayer AG to Beiersdorf.
https://www.beiersdorf.com/newsroom/press-releases/all-press-releases/2019/08/30-beiersdorf-successfully-completes-acquisition-of-coppertone

Market Drivers and Restraints:
Growing consumer expectations for product characteristics such as durability, self-tanning, wicking and water resistance are driving innovation in the sun care products market. There is also increasing demand for personal care products, such as anti-wrinkle lotions and child and baby care products, which are built into the characteristics of sunscreen. Globally, sunscreen products represent the largest segment of the sun care products market. Sun protection is the engine of growth in sun care products, and the fusion of skin care properties with sun protection supports a distinct global trend towards high factor sun protection. As growing concerns about UV exposure and the need to prevent skin damage are contributing to increased demand for more effective products with high SPF and broad-spectrum protection, manufacturers are intensifying their competition for offer consumers highly effective formulations. After-sun products are the second category in the market and are driven by growing demand for products with skincare, anti-aging and relaxation properties.

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Report is segmented as:
By Type:
• Sun protection
• After sun
• Self-tanning

By Form:
• Cream
• Gel
• Lotion
• Powder
• Liquid
• Wipes
• Spray
• Colored

Geographical segmentation:
On the basis of geography, the global market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these, North America leads the international marketplace with a significant revenue share.

Key market players:
Some of the key players that fuel the growth of the global market are 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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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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