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Published Wed, Mar 23rd 2022
Sun Care Market Is Expected To Expand At A CAGR Of 5.6% From 2021 To 2031 The increasing awareness of sun care products such as sun care lotions, creams, sprays, gels, etc. for protecting skin from harmful UV radiation is driving the global sun care market. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Transparency Market Research delivers key insights on the global sun care market. In terms of revenue, the global sun care market is estimated to expand at a CAGR of 5.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global sun care market. Companies are investing in R&D to launch an exclusive collection of sun care. Manufacturers are expanding their product lines to cater to the increasing demand for sun care. Moreover, growing popularity of sun care products owing to an increase in awareness about skin issues due to adverse effects of sunrays is expected to boost the market during the forecast period.
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Sun Care Market: Key Segments
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In terms of form, spray and lotions segments are expected to lead the global market. The personal care industry, as a whole, witnessed substantial growth. Lotion and sun protection sprays are the preferred choice of professional sportspersons, athletes, swimmers, etc. Cream, spray, and lip balm segments are also anticipated to expand at a significant growth rate during the forecast period.
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Based on SPF, the SPF 50+ segment is expected to lead the global market, in terms of revenue generation and units sold, followed by the SPF 3050 segment. They are estimated to maintain their dominance during the forecast period. SPF 50+ sunscreen protects the skin from sunburncausing UVB rays as well as the UVA rays, which leads to premature skin wrinkling and ageing. Thus, the SPF 50+ segment is expected to expand at a higher growth rate during the forecast period. Enquiry Before Buying https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=13910
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In terms of sports type, the extreme outdoor segment leads the global market. Sportspersons who are involved in extreme outdoor sports such as athletics, beach volleyball, mountain biking, rappelling, rock climbing, cycling, other outdoor sports, etc., utilize sports sun care products very frequently; hence, the demand for sun care products is increasing and is expected to increase during the forecast period. In terms of price range, the medium segment is estimated to expand at a notable CAGR during the forecast period, as Asia Pacific, Middle East & Africa, and South America witness high demand for medium priced sun care products.
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Sun Care Market: Prominent Regions
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Asia Pacific dominated the sun care market and is estimated to expand at a rapid pace than any other region in the near future due to increase in disposable income, rise in standard of living, and surge in awareness about sun care products. The market in North America and Europe is also expanding, while the market in MEA and South America is anticipated to expand at moderate growth rate during the forecast period.
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Sun Care Market: Key Players
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Key players operating in the global sun care market are Shiseido Co., Ltd, La RochePosay, Coppertone, Banana Boat, BullFrog, Blue Lizard, Fresh LLC, SkinCeuticals, Vertra, and KINeSYSs Performance Sunscreen.
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More Trending Reports by Transparency Market Research – Baby Skincare Market : Due to growing consumer awareness on disadvantages, such as allergies or rashes, of using synthetic baby skincare products with harmful chemicals, they are inclining toward baby skincare products manufactured using organic and natural ingredients, which help in maintaining healthy skin of babies. Considering this trend, major companies operating in the global baby skincare market are strengthening their production capabilities in organic and natural products.
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Eyewear Market: The expanding popularity of fast fashion among the millennial and GenZ category coupled with the rising eye disorders worldwide will serve as vital growth factors for the eyewear market across the forecast period of 20192027. In addition, the extensive availability of sunglasses and spectacles in online and retail channels across various developing and developed regions will bring tremendous growth opportunities for the eyewear market. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Rohit Bhisey Transparency Market Research 90 Sate Street, Suite 700, Albany, NY 12207 USA – Canada Toll Free: 8665523453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/
Contact information Mr. Rohit Bhisey Transparency Market Research (TMR) is a market intelligence Transparency Market company, providing global business information reports and Research services. Our exclusive blend of quantitative forecasting and State Tower, 90 State Street, trends analysis provides forwardlooking insight for thousands Suite 700, of decision makers. United States Albany 12207 +91 8600924083 http://www.transparencymarketresearch.com/
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