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Global Sun Care Products Market 2018-2022 - Growing Demand for Multi-Purpose Sun Care Products to Boost Growth - Technavio

October 9, 2018

LONDON--(BUSINESS WIRE)--Oct 9, 2018--The global sun care products market is expected to post a CAGR of close to 5% during the period 2018-2022, according to the latest market research report by .

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Technavio has published a new market research report on the global sun care products market from 2018-2022. (Photo: Business Wire)

A key factor driving the growth of the market is rising consumer awareness of sun care products. The emissions from the sun include UV rays, visible light, heat and other radiations that are characterized by their wavelength. Extreme heat and UV radiation are harmful to the human skin. To raise more awareness of the importance and benefits using sun care products globally, vendors are educating consumers about such products through television, the internet, and awareness campaigns. For instance, Beiersdorf’s brand, NIVEA, and cancer research UK have partnered since 2012 to raise awareness about the harmful effects of UV radiation on the skin in the UK. They also spread awareness of the importance of using sun protection products. Therefore, with such initiatives and beliefs the global sun care products market is expected to witness a positive outlook during the forecast period.

This market research report on the 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 only:

In this report, Technavio highlights the growing demand for multi-purpose sun care products as one of the key emerging trends in the global sun care products market:

Global sun care products market: growing demand for multi-purpose sun care products

Growing demand for multi-purpose sun care products is an important trend. Awareness of the effects of UV radiation on the appearance and health of the skin propels the demand for sunscreen products. Sun protection is not only limited to regular sun care products due to the emergence of multi-purpose products. These multi-purpose products are expensive but are value for money. For instance, Beiersdorf’s brand, NIVEA Sun Protect & Moisture Moisturizing Sunscreen Lotion offers both skin hydration and protection with broad-spectrum SPF-30.

“Currently, the preference for sun care products that can address other skin concerns such as anti-aging and moisturizing is also increasing. The demand for natural, instant ways of healing of skin is gathering momentum at present. To meet these evolving customer needs, vendors are adding new and innovative sun care products to their existing product lines, which in turn is boosting the global market,” says a senior analyst at Technavio.

Global sun care products market: Segmentation analysis

This market research report segments the global sun care products market by product type (sun protection products, after-sun products, and self-tanning products) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share close to 38% of the market share, followed by EMEA and APAC respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market sizing Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005455/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

www.technavio.com

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SOURCE: Technavio Research

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PUB: 10/09/2018 11:25 AM/DISC: 10/09/2018 11:25 AM

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