After Sun Care Products Market Trends 2026 : Expected To Surpass $2.9 Billion By 2026

(MENAFN- EIN Presswire) EINPresswire/ -- Allied Market Research published a report, titled, "After Sun Care Products Market by Price Point (Mass After Sun and Premium After Sun), Form (Cream, Gel, Lotion, Essential Oils, and Others), and Distribution Channel (Retail Pharmacies, Convenience stores, Supermarket/Hypermarket, E-Commerce): Global Opportunity Analysis and Industry Forecast, 2019-2026." According to the report, the global after sun care products industry was estimated at $2.1 billion in 2018, and is anticipated to hit $2.9 billion by 2026, registering a CAGR of 3.7% from 2019 to 2026.

Drivers, restraints, and opportunities-

Introduction of value-added sun care products, rise in incidence of chronic diseases such as skin cancer, and penetration of organic products fuel the growth of the global after sun care products market. On the other hand,rise of counterfeit cosmetics and premium cost of products impede the growth to some extent. Nevertheless, revenue opportunities in establishing direct distribution network and increase in demand for luxury skin care products are expected to create lucrative opportunities for the key players in the industry.

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Key Findings of the After Sun Care Products Market:

The premium after sun care products segment is expected to grow at a CAGR of 4.1% during the forecast period.
North America is anticipated to dominate the after sun care products market growth, registering a CAGR of 2.5%.
Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 4.8%. Introduction of value-added sun care products and rise in disposable income of consumers are expected to drive the growth of the Asia-Pacific market.
The supermarket/hypermarket distribution segment is anticipated to dominate the global after sun care products market analysis, with a CAGR of 4.3% during the forecast period.
The gel based after sun care products segment is estimated to grow at a CAGR of 3.2% during the forecast period.

Key Benefits of After Sun Care Products Market:
The report provides detailed qualitative and quantitative analysis of the current after sun care products market trends and future estimations that help evaluate the prevailing after sun care products market share and opportunities.

The key drivers, restraints, opportunities, and detailed after sun care products market analysis are elucidated in the study.

The market analysis is conducted by following key product positioning and monitoring the top competitors within the industry.

The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable after sun care products market growth.

Industry player positioning segment facilitates benchmarking and provides a clear understanding of the present position of players along with the after sun care products market forecast.

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