Sun Care Product Market to Ascend a CAGR of 3.5 percent by 2014
Sun an immense source of energy for the living things on earth and is useful in many ways like helping in the process of photosynthesis carried out by plants, provides vitamin D to our body, helps in drying clothes and food stuffs etc.; despite of all the benefits sun holds, its impact on the skin is harmful that is why we are advised by the experts to wear full length clothes or cover ourselves during the summer season. The body when revealed in the sun results in damaging of the skin such as skin tanning, wrinkles, dull looking skin, sunburns and it can even lead to skin cancer.
Keeping all the factors in mind which the skin has to endure in the sun, many companies have cropped up with sun care innovative products like sun’s cream, body lotion. These products help the skin to tackle the damaging effects of the sun and gives you a healthy and younger looking skin. Health programs and media facilitates in educating the consumers about the risks of too much exposure to the sun’s rays and due to the awareness more people tend to use sun defence products.
According to a global market research report, based on the primary and secondary research patterns, the sales of sun care products grew up to 6.5 percent in the United States. Almost 49 percent of people from the major European countries spend the entire day in the sun, using sun’s cream. Sunscreen does not provide a protection of 100 percent and allows approximately 3 percent of the ultraviolet rays to penetrate the skin. So, it is a bad idea to sit directly in the sun putting loads of sunscreens. The sun care product market is predicted to reach a significant amount of Rs 1254.8 million which is likely to raise the compound annual growth rate (CAGR) up to 4.9% by the year 2014. The volume of the sun care industry will also ascend to a total of 4.7 million units, with an estimated CAGR of 3.5 percent by 2014.
Sun protection products led the sun care industry by 79.6 percent chased by after sun with 15.1 percent and self tan with 5.3 percent. It is a fact that for each 1000 foot rise in the height above sea level, sun’s influence grows by 4 percent. In contrast with the beauty products sold sunscreen clutches an equal importance and its sale is also showing a higher jump.
Many nature based sunscreens have been launched in the market which proposes a wider range of sun care products using chemical free and organic ingredients which has no side effects on the skin of a person.
Keeping all the factors in mind which the skin has to endure in the sun, many companies have cropped up with sun care innovative products like sun’s cream, body lotion. These products help the skin to tackle the damaging effects of the sun and gives you a healthy and younger looking skin. Health programs and media facilitates in educating the consumers about the risks of too much exposure to the sun’s rays and due to the awareness more people tend to use sun defence products.
According to a global market research report, based on the primary and secondary research patterns, the sales of sun care products grew up to 6.5 percent in the United States. Almost 49 percent of people from the major European countries spend the entire day in the sun, using sun’s cream. Sunscreen does not provide a protection of 100 percent and allows approximately 3 percent of the ultraviolet rays to penetrate the skin. So, it is a bad idea to sit directly in the sun putting loads of sunscreens. The sun care product market is predicted to reach a significant amount of Rs 1254.8 million which is likely to raise the compound annual growth rate (CAGR) up to 4.9% by the year 2014. The volume of the sun care industry will also ascend to a total of 4.7 million units, with an estimated CAGR of 3.5 percent by 2014.
Sun protection products led the sun care industry by 79.6 percent chased by after sun with 15.1 percent and self tan with 5.3 percent. It is a fact that for each 1000 foot rise in the height above sea level, sun’s influence grows by 4 percent. In contrast with the beauty products sold sunscreen clutches an equal importance and its sale is also showing a higher jump.
Many nature based sunscreens have been launched in the market which proposes a wider range of sun care products using chemical free and organic ingredients which has no side effects on the skin of a person.