The global after sun care products market is on a growth trajectory, with estimated sales of US$2.67 billion in 2023, and a forecasted value of US$3.73 billion by the close of 2033. After a period of modest expansion at a 1.4% compound annual growth rate (CAGR) from 2018 to 2022, the worldwide market for after sun care products is poised for more rapid growth, anticipating a robust 3.4% CAGR over the next decade.
These specialized products serve to safeguard and rejuvenate the skin after exposure to the sun, offering protection from damage and tanning. The surge in aesthetic consciousness and the increasing global adoption of personal care items are expected to be the primary drivers propelling the sales of after sun care products in the forthcoming years.
For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6863
Key Driving Forces Accelerating the Market Growth:
- Over the past years, there has been a significant increase in public awareness regarding the harmful effects of UV radiation on the skin. Educational campaigns by health organizations, skincare experts, and sunscreen manufacturers have emphasized the importance of sun protection to prevent sunburn, premature aging, and skin cancer. This heightened awareness has translated into higher demand for after-sun care products, as consumers now recognize the need to take care of their skin after exposure to the sun.
- The concept of overall health and wellness has gained traction, leading people to focus more on their skincare routines. Consumers are increasingly seeking products that not only protect their skin from sun damage but also nourish and revitalize it post-sun exposure. After-sun care products, such as soothing lotions, gels, and creams, offer relief and hydration to sun-stressed skin, addressing these concerns.
- North America is a popular tourist destination, attracting millions of visitors each year. Tourists, especially those coming from regions with less intense sun exposure, are more susceptible to sunburns and skin damage.
- After sun care product sales in the US are expected to witness a revenue of US $ 795.36 Mn by the end of 2033.
- Skin cancer rates have been on the rise globally, including in North America. As people become more aware of the link between sun exposure and skin cancer, they are taking proactive measures to protect their skin. After sun care products play a crucial role in alleviating the immediate effects of sunburn and reducing long-term skin damage, thus appealing to consumers seeking to minimize their skin cancer risk.
Competitive landscape:
Top tier after sun care product manufacturers are focusing on launching new products to expand their product portfolio and gain a competitive advantage over other market players in the industry.
- In May 2022, Eucerin, a renowned provider of world-class skin care and body care products, announced the launch of new the Eucerin Sun line. The new line of seven products is developed with dermatologists and caters to the needs of the body and face.
Key Segments of After Sun Care Products Industry Research:
· By Product Type :
- Creams & Lotions
- Cleansers & Foaming
- Essential Oils
- Gel & Scrubs
- Other Products
· By End User :
- Male
- Female
· By Nature :
- Natural & Organic
- Conventional
· By Sales Channel :
- Modern Trade
- Convenience Stores
- Departmental Stores
- Drug Store
- Online Stores
- Other Sales Channels
· By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/6863
Questionnaire answered in the Market outlook Report of After Sun Care Products include:
- What is the key strategy deployed by large players to maximize After Sun Care Products Market growth?
- What are the main challenges faced by players in the After Sun Care Products market Demand?
- With the advent of technological advancement, how will the After Sun Care Products market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the After Sun Care Products market size?
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: [email protected]