|By PR Newswire||
|February 26, 2014 08:45 AM EST||
DUBLIN, Feb. 26, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/lmxkd8/the_global_uv) has announced the addition of the "Global UV Filter Market in Personal Care Industry - Trends, Forecasts and Opportunity Analysis to 2018" report to their offering.
The global UV filter market in personal care industry is expected to reach $642 million by 2018 with a good growth over the next five years. Europe was the top continent in terms of total UV filter consumption; however, APAC and ROW saw the highest growth rate due to the rapidly increasing demand in China and India. UV filter is the basic element used in sunscreen.
The UV filter is being used in sunscreen, baby care, skin products, and applications under development which boost the growth of UV filter industry.
The major challenge faced by the industry is the scarcity of substitutes. Although the applications of personal care products within the same category are almost same, the emerging market is demanding that the industry needs new multifunctional ingredients. Rapid changes in the technology for producing ingredients, high ingredients cost, high testing norms and regulations, high rate of product specification, and increased research and development costs are the challenges faced by the UV filter market.
The UV filter market is primarily driven by the emergence of potential market demand. Rise in population mainly in Asia, especially China, India, and Indonesia and more awareness towards health and fitness drive the UV filter market. Innovation of ingredients as per personal care product specifications drives the ingredients market used in personal care. The sun care product market and sun protection segment is the largest segment. The report also points out some major applications for UV filter which are growing rapidly.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. UV Filter Industry Background and Classifications
3. Global UV Filter Market Analysis
4. UV Filter Market Trends
5. UV Filter Market Forecast
6. Growth Opportunities and Emerging UV Filter Applications
7. Emerging Materials for the UV Filter Industry
For more information visit http://www.researchandmarkets.com/research/lmxkd8/the_global_uv
Media Contact: Laura Wood , +353-1-481-1716, [email protected]