Sports Sun Care Products Market Scope
Sports sun care products are for cricket and other sports and everyone who is out in the sun for a prolonged time. A non-sticky, non-oily paste that can apply before the game on the field and the harmful rays of the sun in the sky. It will make a protective shield on the skin that blocks out all the harmful UVA & UVB rays from the sun. It's also sweat-resistant and stays on the skin for longer. Also, increasing demand for natural and organic cosmetics is generating lucrative opportunities and propelling players to innovate new products according to the ever-changing customer preference.
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the after sun care products market. In addition, companies are focusing on increasing their client base to strengthen their market position and to enhance product offerings. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Sports Sun Care Products market throughout the predicted period.
Shiseido Company, Ltd. (Japan), Bayer Healthcare (Germany), Edgewell Personal Care (United States), Beiersdorf AG (Germany), The Mentholatum Company, Inc (United States), Procter & Gamble (United States), Unilever Plc (United Kingdom), Avon Products Inc. (United Kingdom), L’Oréal International (France) and Johnson & Johnson (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Sports Sun Care Products market and Region with country level break-up.
On the basis of geography, the market of Sports Sun Care Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Jan 2018, L'Oréal has submitted to the shareholders of Holding STRP (Société des Thermes de La Roche-Posay) an irrevocable offer for the acquisition of the totality of the shares of the company. The project foresees the prior carve out of the hotel business to the current shareholders of Holding STRP and the attribution of exclusive negotiation rights to L'Oréal.
Annex VI of the EU cosmetic regulation includes the list of approved UV filters for use in cosmetic products. There are currently 31 allowed UV filters, including 4 nano-sized UV filters. In 2006, the European Commission published its recommendation on the efficacy of sunscreen products and the claims made relating to them (2006/647/EC), which set basic rules for labelling, claims and efficacy of sunscreen products.
Market Trend
- Increasing Online Sales of Sports Sun Care Products
- Fueling Demands For Organic Sports Sun Care Products
Market Drivers
- A Spurt in Sporting Activities and Scorching Temperatures are Increasing the Incidence of Skin Diseases
- Rising Number of Sports Activities all over the World
Opportunities
- Attractive Promotional and Marketing Strategies
- Government Organizations and Manufacturing Companies Running Campaigns to Educate People about the Adverse Effects of Sunrays
Restraints
- High Cost of Sports Sun Care Products
Challenges
- Side Effects of Chemical Based Products
Key Target Audience
Sports Sun Care Products Manufacturers, Sports Sun Care Products Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others