Published Date: 28-Feb-2023
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Sun Care Cosmetics Market size is expected to reach $13.5 billion by 2028, rising at a market growth of 8.5% CAGR during the forecast period.
The Organic segment is showcasing a CAGR of 12% during (2022 - 2028). Natural and organic plant oils and other substances that are safe for the skin are included in these items. The use of organic sun care cosmetics has been expanding quickly as people become more aware of the benefits of buying organic goods. Moreover, businesses are introducing organic sun care cosmetics that are very effective, which is anticipated to accelerate the segment's growth during the projection period.
The Supermarkets/Hypermarkets segment is leading the Global Sun Care Cosmetics Market by Distribution Channel in 2021 thereby, achieving a market value of $4.8 billion by 2028. Many customers throughout the world continue to like this delivery method. Products come in a wide range of varieties and alternatives in supermarkets and hypermarkets, all under one roof. Customers are able to rapidly compare and distinguish between various items to make an educated decision. Also, since economies of scale incur less costs here than in other locations, things are priced cheaper here than elsewhere.
The SPF BB Creams segment has shown the growth rate of 9% during (2022 - 2028). A decent BB cream will often include sunscreen as well, with an SPF of 15 to 20 to provide some sun protection. This is sufficient for the winter or for days with cloud cover and low sunlight. When it comes to glowing skin that looks healthy and natural, they are a miracle product.
The Asia Pacific market dominated the Global Sun Care Cosmetics Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.3 billion by 2028. The Europe market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 8.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/sun-care-cosmetics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
By Distribution Channel
Unique Offerings from KBV Research
North America Sun Care Cosmetics Market Future Scope & Opportunities 2022-2028
Europe Sun Care Cosmetics Market Size & Growth Forecast 2022-2028
Asia Pacific Sun Care Cosmetics Market Size, Share & Industry Outlook to 2028
LAMEA Sun Care Cosmetics Market Growth, Trends & Forecasts 2022-2028