Sunscreens Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Sunscreen, also termed as “sunblock” and “suntan lotion”, is a spray, gel, lotion, or the other topical product that absorbs or imitates some of the sun’s ultraviolet (UV) radiation and thus helps protect against sunburn. Diligent use of sunscreen can also slow or provisionally avoid the growth of wrinkles and sagging skin.
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Sunscreens Market is categorized based on product type, applications, and geography. The market is categorized based on product types such as Sun Protection, SPF 50+, After Sun, Self-Tanning, SPF 6-14, SPF 15-30, SPF 30-50. Sunscreens Market is categorized based on form into Sun Protection, SPF 50+, After Sun, Self-Tanning, SPF 6-14, SPF 15-30, SPF 30-50.
Sunscreens Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
North America has been at the forefront with regards to Sunscreens Market and will continue to rule the roost in the years to come. Some of the key players that fuel the growth of the Sunscreens Market include Amway, Revlon, Avon Products, Johnson & Johnson, Unilever, Shiseido, Edgewell Personal Care, Coty, Estee Lauder, L’Oréal, Proctor & Gamble, Beiersdorf, Lotus Herbals, Clarins Group. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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