The Global UPF Sun Protective Clothing Market is projected to grow at a CAGR of 9.2% from USD 567.8 million in 2019 to USD 1.16 billion in 2027. The increasing prevalence of skin cancer and other skin related diseases creates the demand for such protective apparels. Significant rise in average disposable income along with changing lifestyle of people is expected to drive the growth of the market during the forecast period.
The UPF sun protective clothes are being widely common as these possess certain properties which can help in protecting skin when exposed to sunlight. It mainly protects skin from sunburn, skin rashes, long term skin damages and skin cancer. Prevalence of chronic disease like skin cancer amongst a large section of people is leading to greater adoption of these clothes. The products offered by the market can prevent melanoma which is a type of skin cancer. Demand for skin care products and skin care apparels have increased significantly as awareness of people have grown. The rising income and changing lifestyle of people is another factor augmenting the market’s growth.
The need for extensive R&D and specialized manufacturing process increases the cost of production of such apparels. This in turn increases the selling price and it becomes difficult for a large section of the society to afford such clothings. There is also a lack of awareness amongst people regarding the benefits offered by the market products due to which the sale of such clothes is much lesser than normal clothes. These factors are expected to restrain the market’s growth during the forecast period.
Key players in the market include Coolibar Sun Protective Clothing, Cabana Life, Solumbra, IBKUL, UV Skinz Inc., Columbia Sportswear Company, Nike, Royal Robins, Helly Hansen and Craghoppers.
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UPF Sun Protective Clothing Market Segmentation:
Product Outlook (Revenue, USD Billion; 2020-2027)
Sales Channel Outlook (Revenue, USD Billion; 2020-2027)
End-Use Outlook (Revenue, USD Billion; 2020-2027)
Over the years, mergers and acquisitions, collaborations, and partnerships have played a pivotal role in companies’ plans of expanding customer base and gaining a robust footing in the market. Rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period.
The report also utilizes key statistical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and venture return analysis to offer better insights into the market landscape. The report also covers recent developments and trends and provides a comprehensive industry overview to help readers understand the complete scenario and dynamics of the UPF Sun Protective Clothing market.
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