Sun Care Products Market

Sun Care Products Market - Global
Industry Insights, Taxonomy, Outlook,
Key Market Players
Exposure to sunlight is an important means of receiving Vitamin D, however, excessive
exposure is harmful. The ultraviolet (UV) radiation in the sunlight, when overexposed to,
causes painful sunburn and may lead to more serious health problems, including
premature aging of skin, eye damage, immune system suppression, and skin cancer.
This in turn, creates an increasing demand for sun care products.
Sun care products are made up of several ingredients such as avobenzone and
benzophenone, which prevent the sun’s ultraviolet radiation from affecting the skin. Sun
Protection Factor (SPF) is the measure of how sunscreen protects the skin from UVB
rays, which causes sunburn, skin damage, and can contribute to skin cancer. The
various factors of sunscreen are associated with different properties. For example, SPF
15 allows one to stay sunlight without burning for around 150 minutes.
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Sun care product with SPF 15 or higher are efficient in providing protection against
UVB. In terms of percentage, SPF 15 can filter around 92% of all incoming UVB rays.
SPF 30 filters 97% and SPF 50 filters 98% UVB rays.
Products containing para-amino benzoic acid (PABA) or oxybenzone as well as those
containing preservatives or fragrances can cause allergy-prone skin or conditions such
as acne or rosacea, which pose as restrains to growth of the sun care market.
Growing prevalence of actinic keratosis, a painful condition which has 15% chances of
causing skin cancer, is also boosting demand for sun care products. For instance,
according to NCB, in Europe, the U.S., and Australia, prevalence of actinic ketosis was
recorded to be 4·5-60%.
Changes in external environment, depletion of ozone layer, increasing pollution and skin
disorders are increasing the demand for sun care products. Furthermore, increasing
awareness about the harmful effects of UV rays among the populace is increasing the
demand sun care products. Rising demand for SPF and anti-aging products is also
driving demand for sun care products. North America holds the largest market due to
high presence of manufacturers in the region and Europe. North America is the largest
market in sun care products followed by Europe.
Asia Pacific is projected to be the fastest growing market during the forecast period.
According to International Agency of Research on cancer (IARC) of WHO, estimated
that around 163 million units of sun care products are sold in the U.S., every year.
Key Players in the Global Sun Care Products Market
Some of the key market players operating in the global sun care products market
include
OLAY(US),
L'OREAL(France),
Avene(France),
NIVEA(Germany),
Mentholatum(US), Pechoin(China), Neutrogena(US), ANESSA(Japan), Biore(Japan),
LANCOME(France),
Hanhoo(China),
SOFINA(Japan),
SHISEIDO(Japan),
MeiFuBao(China), CHANDO(China), MARUBI(China), LANEIGE(Korea), KANS(China),
Clinique(US), and Kiehl's(US).
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Sun Care Products Market report categorizes the global market by product type, gender, form, and distribution channels - Global Industry Insights, Taxonomy, Outlook, Distribution Channels, Key Market Players

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