09.20.18
The global after sun care products market size is estimated to reach USD 2.81 billion by 2025, according to this new report by Grand View Research.
Forecasters say the market will exhibit a CAGR of 3.1% during the forecast period. Rising product penetration in personal and skin care applications globally is likely to act as a key growth stimulant.
Growing awareness regarding importance of sun care products and post UV exposure products for complete skin repair is one of the key factors influencing the demand for after sun products across the globe.
Lotion dominated the product market, mainly on account of multiple benefits offered and versatility of the product. Lotions are available for all skin types, climatic conditions, consumer preferences, and most importantly, at reasonable prices.Gel-based products and sprays are gaining popularity among seasonal users on account of ease of handling, application and reapplication, and better absorption by the skin.
The global after sun care products industry is anticipated to witness the highest revenue growth in Asia Pacific, at a CAGR of 4.3% over the forecast years. Major industry players, including L'Oréal SAS, Beiersdorf AG, Clarins Group, Lancaster Group, and Unilver Plc, are engaged in manufacture, marketing, packaging, and distribution of after sun care products, globally.
Photo: Clarins' travel size sun care kit includes After Sun Lotion and Sun Care Soothing Cream.