LONDON–(BUSINESS WIRE)–The global after sunburn care products market is expected to post a CAGR
of close to 4% during the period 2018-2022, according to the latest
market research report by Technavio.
A key factor driving the growth of the market is adverse effects of
exposure to ultraviolet (UV) radiation caused by global warming.
Exposure to harmful ultraviolet (UV) radiation can cause excessive
tanning, sunburn, premature aging of the skin and can even cause skin
cancer. People of all age groups are vulnerable to the effects of UV
radiation exposure, which is propelling the market for sun care and
after sun care products. The impact of depleting stratospheric ozone has
been linked to the prevalence of melanoma skin cancer. Additionally, it
has been noted that when ambient temperatures registered between 66.2°F
to 80.6°F, the chances of a sunburn doubled as compared to when
temperatures fell below 64.4°F. Therefore, it has become imperative for
consumers to use different types of sun care and after sunburn care
products to protect and heal their skin from damage and sunburns. This
has led to an increase in demand for products such as sprays, lotions,
moisturizers, gels, and lip balms which will further drive the growth of
the global after sunburn care products market during the forecast period.
This market research report on the global
after sunburn care products market 2018-2022 also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the introduction of natural and
organic ingredients in after sunburn care products, as one of the key
emerging trends in the global after sunburn care products market:
Global after sunburn care products market:
Introduction of natural and organic ingredients in after sunburn care
The demand for incorporating natural and organic ingredients in after
sunburn care products is growing. This refers only to natural and
organic ingredients that are considered to be safe, have no harmful side
effects, and are of higher quality than most synthetic products. This
trend is likely to continue during the forecast period. Natural oils
such as extra virgin olive oil, beeswax, jojoba oil, and organic coconut
oil, organic shea butter, organic mango butter, organic cocoa butter,
beeswax, green tea extract, eucalyptus oil sunflower seed oil cucumber
fruit extract, aloe vera gel and raw honey are some popular ingredients
used in organic after sunburn care products. As natural and organic
products have little or no harmful effects, several key manufacturers
such as Beiersdorf and Unilever, are launching natural and organic
products with an intention to capture a greater share of the market.
Therefore, the increasing demand for natural and organic after sunburn
care products is expected to escalate the growth of the global after
sunburn care products market during the forecast period.
“Apart from the introduction of natural and organic ingredients in
after-sunburn care products, other factors such as increased application
of medicinal ingredients in after sunburn care products is expected to
boost the growth of the global market,” says a senior analyst at
Technavio for research on cosmetics and toiletry.
Global after sunburn care products market:
This market research report segments the global after sunburn care
products market by product (lotion, gel, and spray) and geographical
regions (APAC, EMEA, and the Americas).
The EMEA region led the market in 2017 with a market share close to 38%,
followed by Americas and APAC respectively. However, during the forecast
period, the APAC region is expected to register the highest incremental
growth, followed by the EMEA region.
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- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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