NEW YORK, Feb. 16, 2017 /PRNewswire/ -- Trends, opportunities and forecast in this market to 2021 by UV filter type (organic, inorganic), by UV filter ingredient type (EHMC, BMBM, ZNO, TiO2, OCR, HMS, others], transportation), by UV filter application type (skin care, hair care, others), by region (North America, Europe, Asia Pacific, Rest of the World)
The future of the global UV filter market for personal care products looks very promising with opportunities in organic and inorganic UV filter. The global UV filter market for personal care products is expected to reach an estimated $672 million by 2021 and it is forecast to grow at a CAGR of 3.1% by value from 2016 to 2021. The major drivers of growth for this market are increasing awareness of consumers about the potentially harmful effects of UV rays and strong demand for anti-aging products.
Emerging trends, which have a direct impact on the dynamics of the UV filter market for personal care products, include the introduction of nano particles in the manufacturing of UV filters; these filters give a transparent look and do not leave white residue on skin.
The study includes a forecast for the global UV filter market for personal care products by UV filter type, ingredient type, filter application type, and by region as follows:
UV filter market for personal care products by UV filter type (Value ($M) and Volume (M lbs) shipment analysis for 2010 – 2021):
UV filter markets for personal care products by UV filter ingredient type (Volume (M lbs) shipment analysis for 2015):
UV filter market for personal care products by UV filter application type (Value ($M) shipment analysis for 2015):
- Skin care
- Hair care
UV filter market for personal care products by region (Value ($M) shipment analysis for 2010 – 2021):
- North America
- Asia Pacific
- Rest of the World
UV filter market for personal care products profiled in this market report include BASF, DOW Chemical Co., Merck & Co., Evonik Industries AG, Royal DSM, Ashland Inc., Symrise AG.
On the basis of its comprehensive research, Lucintel forecasts that the inorganic UV filter is expected to show above average growth during the forecast period.
Within the global UV filter market for personal care products, the organic UV filter is expected to remain the largest market. There has been increased usage of UV filters in sun care products because organic UV filters absorb the ultraviolet light and convert it into a small amount of heat. UV filters are also compatible with inorganic ingredients, which would spur growth for this segment over the forecast period.
Europe is expected to remain the largest market due to harsh climate conditions and better consumer education on the importance of sun protection.
Some of the features of "Global UV Filter Market for Personal Care Products 2016-2021: Trends, Forecast, and Opportunity Analysis" include:
- Market size estimates: Growth opportunities in the global UV filter market for personal care products in terms of value ($ Mil) and volume (M sqm) shipment
- Trend and forecast analysis: Global UV filter market for personal care products trend (2010-2015) and forecast (2016-2021) by region and segment
- Segmentation analysis: Global UV filter market for personal care products size from 2010 to 2021 by product type, end user type and material type.
- Regional analysis: Global UV filter market for personal care products breakdown by key regions of North America, Europe, Asia Pacific and the Rest of the World
- Growth opportunities: Analysis on growth opportunities in different product, end user, material, and regions.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of global UV filter market for personal care products suppliers.
- Emerging applications: Emerging applications of the personal care products in the global UV filter market for personal care products.
- Analysis of the competitive intensity of the industry based on Porter's Five Forces model
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth in the global UV filter market for personal care products by UV filter type (organic and inorganic, by ingredient type (EHMC, BMBM, ZnO, TiO2, OCR, and HMS) and by region (North America, Europe, APAC, and ROW)?
Q.2. Which product segment will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11. What M & A activities have transpired in the last 5 years in this market and what impact have these activities had on the industry?
Read the full report: http://www.reportlinker.com/p04700437-summary/view-report.html
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