The Asia Pacific Sun Care Cosmetics Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
Several liquid foundation products include essential skincare ingredients, which play complementary purposes. They have moisturizer, SPF, and more, to keep the skin hydrated and protect it from any substantial adverse effects from the foundation's contents. As was previously said, the necessity carefully considers the user's desired level of coverage in addition to the user's skin type. While there are several coverage levels for foundations, the issue is which one is ideal for the user.
At this time, cosmetics are a must for people's everyday lives. The usage of cosmetics in the business is also increasingly driven by the growth in awareness of both peoples' inner intelligence and outward attractiveness. Males now use cosmetics more often than females in their daily lives, which helps to promote the growth of the demand for cosmetics in the sun care cosmetics market. These changing lifestyles have led to an increase in the cosmetics business.
The majority of cosmetics products are produced and consumed primarily in India. A quarter of all cosmetics sold in South Asia are in India. Because they have grown up with technology, millennials are more technologically literate than other generations. Additionally, Indian millennial consumers have more advanced internet access. Indian consumers are adopting popular Western beauty trends, expanding the demand for cosmetics. Younger beauty enthusiasts are becoming more interested in long-term beauty solutions, which is why people respect companies who are transparent about their goods and work to reduce their environmental impact. These factors are anticipated to support the growth of the sun care cosmetics market in the APAC region.
The China market dominated the Asia Pacific Sun Care Cosmetics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,506.8 Million by 2028. The Japan market is estimated to grow a CAGR of 8.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.5% during (2022 - 2028).
Based on Type, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Online, and Others. Based on Product, the market is segmented into SPF Foundation, SPF BB Creams, SPF Primers, SPF Lotion, SPF Sunscreen, Tinted Moisturizers, SPF Primers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Sun Care Cosmetics Market is Projected to reach USD 13.5 Billion by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Shiseido Company, Limited, Beiersdorf AG, Unilever PLC, Estee Lauder Companies, Inc., Johnson & Johnson, Burt's Bees, Inc. (The Clorox Company), Coty, Inc., NAOS, and Clarins Group SA
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