A lion’s share of shoppers are presently influenced towards sports sun care items that are rich in polyphenols, nutrients, and cancer prevention agents. Mindfulness and reasonableness are the two most significant advertising focuses for makers in an industry that is overflowing with promising offerings. While this clamouring market is seeing young spenders with abundant resources, there has been an uptick in interest for normal sun care products as well.
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The flourishing organic individual care market is loaded with buyers who are pursuing organic and mineral-put-together sunscreens that are high in titanium oxide and zinc oxide, and without artificial materials – for example, oxybenzone and homosolate. A key pattern that is going about as a main thrust behind the development of sports sun care items is simply multiplication tanning. Items that are auxiliary to self-tanning are being presented incredibly. These revived product offerings pushing the sales of sports sun care products higher across regions.
As per a new report published by Fact.MR, the sales of sports sun care market is anticipated to be valued at approx. US$ 1.9 Bn in 2021, and is poised to expand at a CAGR of around 5% over the next ten years.
Key Trends of Sports Sun Care Market
- The demand analysis of sports sun care market is anticipated to add 2.5X value by 2031.
- Sports sun care lotions capture a major chunk, equivalent to two-fifth of the global market share, and are set to create an absolute $ opportunity of around US$ 1 Bn over 2021-2031.
- Among the type of sports, extreme outdoor sports has been the fastest-growing segment for sports sun care products.
- North America is set to dominate market revenue in 2021, and is expected to gain 52 BPS by 2031.
- The market in Germany, China, and the U.S. is expected to rise at around 5% CAGR each through 2031.
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Key Market Segments Covered
- Form
- Sports Sun Care Creams
- Sports Sun Care Liquids
- Sports Sun Care Lotions
- Sports Sun Care Sprays
- Sports Sun Care Gels
- Sports Sun Care Lip Balms
- Sports Sun Care Wipes
- Sports Sun Care Sticks
- Others
- SPF
- SPF 6-14
- SPF 15-29
- SPF 30-50
- SPF 50+
- Sport
- Sports Sun Care for Extreme Outdoor Sports
- Sports Sun Care for Baseball
- Sports Sun Care for Swimming
- Others
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Winning Strategy
Conspicuous makers of sports sun care products are expanding ventures on research and improvement to embrace new developments and upgrades of items in order to satisfy the interest of consumers. Assembling organizations are additionally intending to extend their item portfolio presence in different geologies through consolidations, acquisitions, and tie-ups with wholesalers and retailers dealing in sports sun care products.
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