Global After Sunburn Care Products Market 2017-2021
About After Sunburn Care Products
Sun care products protect the skin and hair from harmful UV radiation. Based on their functionality, sun care products can be categorized into three: sun protection, after-sun, and self-tanning products.
Technavio’s analysts forecast the global after sunburn care products market to grow at a CAGR of 10.16% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global after sunburn care products market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of after sunburn care products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global After Sunburn Care Products Market 2017-2021
Technavio recognizes the following companies as the key players in the global after sunburn care products market: Bayer, Boiron, dermalogica, Edgewell Personal Care, and Welmedix.
Other Prominent Vendors in the market are: Clinique Laboratories, MelanSol, Solskyn Personal Care, Solar Recover & Zausner, Sun Bum, and Water-Jel Technologies.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is usage of medicinal ingredients. The increased launch of innovative after sunburn care products such as those containing medicinal ingredients is an important trend that is expected to contribute significantly to the market growth during the forecast period. The vendors in the market are currently focused on the introduction of innovative product offerings that vary in terms of design, color, ingredients, and effectiveness to meet the needs of individual consumers.”
According to the report, one of the major drivers for this market is growth in online retailing of personal care products. E-retailing is the fastest growing sector in the global beauty and personal care products market. In 2014, the overall revenue of this sector was valued at $1.35 trillion, and it is expected to reach $2.7 trillion by 2019 by growing at a rate of 12%-13%. The biggest players in the global online retail market for after sunburn care products are Amazon, Walgreens, and Rite Aid.
Further, the report states that one of the major factors hindering the growth of this market is consumers’ growing awareness of sun care products. The emissions from the sun include visible light, heat, and UV radiation. Extreme heat and UV radiation are harmful to the human skin. Thus, the manufacturers of sun care products are slowly aiming at educating consumers on the importance of sun care products through various broadcasting means such as the television and the Internet and several marketing and awareness campaigns.
Bayer, Boiron, dermalogica, Edgewell Personal Care, Welmedix, Clinique Laboratories, MelanSol, Solskyn Personal Care, Solar Recover & Zausner, Sun Bum, Water-Jel Technologies.
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