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Sun Care Products Market has been valued at $13.03 billion in the year 2022 and it is estimated to reach $16.84 billion by the year 2028, with a CAGR of 3.5 % from 2023-2028
Sun Care Products are most commonly known as products which are applied to the skin to protect against the harmful effects of the sun’s ultraviolet rays. Sun screening products come in many forms, as creams, lotions, lip balms, hair tonics, and gels. The active ingredients work by absorbing, reflecting, or scattering some or all of the sun’s rays; these are the main factors that have considerably increased the demand for the Sun Care Products in the market, thereby driving the huge growth of the Sun Care Products market in the upcoming years
Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Sun Care Products in the market is mainly due to the huge increase in the consumer awareness related to the skin cancer and aging associated with exposure to UV rays. The demand for self tanning products is expected to surge in the foreseeable future; these are the main factors that have considerably increased the demand for the Sun Care Products in the market, thereby driving the huge growth of the Sun Care Products market in the upcoming years
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Report is segmented as:
Sun Care Products Market is segmented on the basis of by form; Sun Care Products Market is segmented on the basis of by type:
*Sun Care Products Market is segmented on the basis of by form into Cream, Gel, Lotion, Powder, Liquid, Wipes, and Spray
* Sun Care Products Market is segmented on the basis of by type into Sun Protection, After Sun and Self-Tanning
Geographical Segmentation:
Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. Europe has the dominant share in the Sun Care Products is due to the growing demand for products with skin care is the main factors that have considerably increased the demand for the Sun Care Products in the Europe region, followed by North America, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Sun Care Products Market
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Impact of COVID-19 on Market
Covid -19 pandemic has affected almost every industry, and the long-term effects are projected to impact growth of Sun Care Products during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Sun Care Products market, Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies. Companies have started opening their manufacturing units after taking all the necessary preventive measures. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus.
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