After-Sun Care Products Market to be Fueled by Lotion Segment During the Forecast Period
The
global after-sun care products market is expected to grow during the forecast
period, owing to factors such as an increasing number of sunburn incidences,
rising demand of organic & natural skin care products, and expansion of
e-commerce sector.
According to the
TechSci Research report, “After-Sun Care Products Market – Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F,” the global after-sun care products
market is expected to grow during the forecast period due to factors such as
rising travel & tourism sector and expansion of the e-commerce sector.
After-sun
care products are becoming popular as consumers become more aware of the risk
of skin cancer and other skin related issues. This trend is likely to continue
in the foreseeable future, as consumers are attracted to after-sun care due to
its multifunctional solar protection and wrinkle-prevention capabilities.
People are becoming more aware of the need to protect their skin from the
harmful effects of ultraviolet radiation, which is leading to a rapid growth of
the global after-sun care products market during the forecast period. As
government health authorities strive to reduce the incidence of melanoma due to
ultraviolet radiation, the use of after-sun care is expected to increase.
In
recent years, the after-sun care products market has seen a surge in product
innovation, as manufacturers introduce new and improved formulas. These
products are typically formulated with calming components, such as Aloe Vera,
Vitamin E, and Antioxidants, which helps to heal and nourish skin which has
been damaged by sun's rays. Furthermore, the availability of a broad selection
of novel products has contributed to the growth of the market.
The
Beauty and Personal Care (BPC) market is witnessing a significant grow1th
during the forecast period. This is largely due to the fact that after-sun
products are an integral part of the daily skincare regimen of many consumers.
The Beauty and Personal Care sector had a considerable influence on consumer
preferences. Furthermore, the wide range of distribution channels available for
after-sun care products has a beneficial impact on global after-sun care
products market growth during the forecast period. The increased disposable
income of consumers with better standards of living has enabled individuals to
invest in various personal care products, including hair care & skincare.
This has resulted in a surge in demand for after-sun care items, as consumers
are eager to purchase products that can reduce the risk of sunburn and improve
skin health.
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The global after-sun
care products market is segmented based on product type, end-user, source,
distribution channel, and region.
Based on product
type, the market is segmented into powder, lotion, gel, serum, and others (face
wash, scrub, spray). Among these, the lotion segment has a significant share of
the market during the forecast period. After-sun care products including
lotions provide a wide range of benefits to skin, including hydration, moisturization,
and nourishment, calming redness and reducing the spread of sunburn.
Furthermore, these products are readily available through a variety of sales
channels, such as specialty stores and department stores. The prevalence of
these factors has led to an increase in the demand for regular skin care
products, thus contributing to the growth of the global after-sun care products
market during the forecast period.
Based on distribution
channel, the market is segmented into
supermarkets/hypermarkets, pharmacy & drug stores, multi-branded stores,
online, and others (direct sales, etc.). Among these, the online segment has a
significant share in the market during the forecast period. This segment is expected to experience a
significant growth due to the increasing prevalence of the internet among
consumers and the effective targeting of customers by companies. The ease of
access to the internet and the wide range of discounts and offers offered by
online platforms increase the market penetration of the product. Therefore, the
sale of these products via online platforms is expected to witness a
significant increase in growth over the forecast period.
Key market players operating in
the global after-sun care products market include:
- L'Oréal S.A.
- The Estée Lauder
Companies Inc.
- Shiseido Company,
Limited
- Unilever PLC (Vaseline)
- Beiersdorf AG (Nivea)
- Johnson & Johnson
Consumer Inc.
- Bioderma Laboratories
- Clarins Group
- Coty Inc. (Lancaster)
- Edgewell Personal Care
Company (Hawaiian Tropic)
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“In
recent years, there has been a significant growth in the after-sun care product
market. Consumers are becoming increasingly aware of the negative consequences
of sun exposure and the necessity of skin protection. Products created to
soothe and restore skin after sun exposure are formulated with aloe vera, chamomile,
and other natural and organic ingredients, as well as eco-friendly and
sustainable options. Additionally, innovative products incorporating
cutting-edge technologies are also becoming increasingly popular. Ultimately,
it is anticipated that this market will continue to grow due to the growing
consumer awareness and the demand for effective sun damage recovery.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“After-Sun Care Products
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028F,” Segmented By Product Type (Powder, Lotion, Gel, Serum, and Others
(Face Wash, Scrub, Spray)), By End User (Male, Female), By Source (Organic,
Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacy
& Drug Stores, Multi-Branded Stores, Online, and Others (Direct Sales,
etc.)), By Region, By Company, has evaluated the future
growth potential of after-sun care products globally and provides statistics and information on market structure, size, share,
and future growth. The report provides cutting-edge market intelligence and helps
decision-makers to make sound investment decisions. Besides, the report also
identifies the emerging trends along with essential drivers, challenges, and
opportunities present in the market of after-sun care products, globally.
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