Published on : Feb 07, 2018
Albany, New York, February 7, 2018: As the name suggests, after-sun products are the products that fight against the sun exposure. Now, the main focus of manufacturers is to provide after sun products that can absorb Ultraviolet (UV) rays and protect skin from many problems. At present, After-sun products market is highly dynamic and competitive as consumers are expecting effectiveness, safety and convenience. These findings have been revealed in the latest study added to the wide repository of Market Research Hub (MRH), with the title of “After-Sun Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026”. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2012 to 2017, and forecast to 2026. To provide better and accurate results, the report majorly focuses on some of the prime regions including Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ), North America, and the Middle East and Africa (MEA).
Market Overview & Forecast
After-sun products are also being made with natural ingredients such as almond oil, vitamin E, shea butter, aloe vera, in order to increase skin moisture level along with reducing inflamed, sore patches and skin tanning. With the growing consciousness towards the protection of skin, demand is getting higher for after-sun products. According to the study key findings, the global market for after-sun products is anticipated to witness slow-moving growth, recording 3.4% CAGR during the forecast period 2017 to 2026. Also, the global market for after-sun products is also projected to bring in US$ 2,928.7 million revenue by 2026 end. On the basis of geography, Europe is likely to emerge as the largest region in the global market for after-sun products between 2017 and 2026.
It has been analyzed that After-sun products and antioxidants are the two most important components of women’s skincare regime. As compared to males, females are likely to arise as one of the largest users of after-sun products.
The study provides a comprehensive view of the after-sun products market by dividing it into following types: by product type, end-user, sales channel and source. By product type, it covers creams and lotion, cleansers and foaming, essential oils, gel & scrubs, and other products. On the basis of sales channel, the segmentation includes modern trade, convenience store, departmental store, drug store, online stores and others. Among various product types, increasing number of people prefer to use after-sun cream and after-sun moisturizing lotion, this as a result propelling the segment growth of cream and lotions.
Later, the competitive landscape offered in the report is a valuable resource for readers, as it helps in gauging the complete competitive scenario in the market. Key market players operating in the global after-sun products market are L'Oréal S.A., Beiersdorf Aktiengesellschaft, The Estee Lauder Companies Inc., Johnson & Johnson Services, Inc., Avon Products, Inc., Unilever PLC, Kao Corporation, Shiseido Co. Ltd, The Procter & Gamble Company, and Christian Dior SE.
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