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March 28, 2023 (The Expresswire) --The "Market for sun cream and sun cream" Study Describes how the technology industry is evolving and how large and emerging players in the industry are responding to both long-term opportunities and short-term challenges they are facing. A key attraction of the Sun Creen and Sun Block industry is its growth rate. Many key technologies are players[EltaMD, Neutrogena, Blue Lizard, Aveeno, Revision, Vanicream, MDSolarSciences, Supergoop, La Roche-Posay, SkinMedica, Cerave, Colorescience, Isdin]have engaged with Sun Creen and Sun Block to increase their market share and reach to consumers.
What is the growth of the Sunscreen and Sunblock market?
The market size of sunscreen and sunscreen is expected to reach several million USD by 2028 compared to 2023, at an unexpected CAGR during the forecast period 2023-2028.
Browse the detailed TOC, Tables & Figures with Charts spread over 110 pages providing exclusive data, information, key statistics, trends and details on the competitive landscape in this niche sector.
customer focus 1. Does this report consider the impact of COVID-19 and the war between Russia and Ukraine on the sunscreen and sunscreen market?
1. Does this report consider the impact of COVID-19 and the war between Russia and Ukraine on the sunscreen and sunscreen market?Yes. Since COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relations and the commodity price system, we have definitely considered them throughout the research, and in the chapters we go into detail on the impact of a pandemic and the war on sunscreen and sun protection industry
The final report will add the analysis of the impact of the Russia-Ukraine war and COVID-19 on this sunscreen and sunblock industry.
TO KNOW HOW THE COVID-19 PANDEMIC AND RUSSIA-UKRAINE WAR WILL AFFECT THIS MARKET – REQUEST SAMPLES
This research report is the result of extensive primary and secondary research efforts on the sunscreen and sunblock market. It provides a thorough overview of the current and future goals of the market along with a competitive analysis of the industry broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyzes are used in the research to ensure accurate and comprehensive information about the Sunscreen and Sunscreen market.
– What are the driving factors driving Sunscreen and Sunblock market?
Growing demand for[Men women]around the world had a direct impact on the growth of sunscreen and sunblock
The segments and sub-sections of the Sunscreen and Sunscreen market are highlighted below:
Based on product types, the market is categorized[sunscreen, sun block]which held the largest sunscreen and sunscreen market share in 2022.
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Sunscreen and Sunscreen Market - Competitive and Segmentation Analysis:
2.How do you determine the list of key players included in the report?
With the aim of making the competitive situation in the industry clear, we specifically analyze not only the leading companies that have a voice worldwide, but also the regional medium-sized companies that play a key role and have a lot of growth potential.
Brief Description of Sunscreen and Sunblock Market:
The global Sunscreen and Sunscreen market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing steadily and with the rising adoption of strategies by key players, the market is expected to increase over the projected horizon.
Sunscreen and sunblock are products that absorb or reflect some of the sun's ultraviolet (UV) radiation, thereby protecting the skin from sunburn.
Market Analysis and Insights: Global Sunscreen and Sunscreen Market
Due to the COVID-19 pandemic, the global sunscreen and sunscreen market size is estimated to be worth USD million in 2022 and is forecast to a newly adjusted size of USD million by 2028, growing at a CAGR of percent during the reporting period. Taking full account of the economic changes caused by this health crisis, Sun Creen, which accounts for 2021 percent of the global sunscreen and sunscreen market, is projected to be worth USD million by 2028 and to grow at a revised percentage CAGR in the post-COVID-19 period. While the male segment is modified to a percentage CAGR during this forecast period.
The market size of China Sun Creen and Sun Block is estimated at million USD in 2021, while US and Europe Sun Creen and Sun Block are individually million and USD million. The share of the US is percent in 2021, while China and Europe are percent and percent, respectively, and China's share is projected to reach percent in 2028, lagging a CAGR of percent over the analysis period. Japan, South Korea and Southeast Asia are notable markets in Asia, at CAGR percent, percent and percent respectively for next 6 years. Regarding the European sun protection and sun protection landscape, Germany is projected to reach US$ million by 2028, at a CAGR of percent over the forecast period.
The top global Sun Creen and Sun Block manufacturers include EltaMD, Neutrogena, Blue Lizard, Aveeno, Revision, Vanicream, MDSolarSciences, Supergoop, and La Roche-Posay, etc. In 2021, the top five global players have a share of approximately percent of revenue.
Scope and segment of Global Sun Creen and Sun Block
The sunscreen and sunscreen products market is segmented by Type and Application. Players, stakeholders, and other participants in the global Sunscreen and Sunscreen Products Market can gain an upper hand by using the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by type and application for the period 2017-2028.
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3.What are your most important data sources?Both primary and secondary data sources are used in creating the report.
Primary sources include extensive interviews with key thought leaders and industry experts (such as senior frontline employees, directors, CEOs and marketing executives), downstream distributors and end users. Secondary sources include research into annual and financial reports of top companies, public files, new magazines, etc. We also work with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical and forecast (2017-2027) of the following regions are covered in chapters:
● North America (USA, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil, Argentina, Colombia etc.)
● Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)
This Sunscreen and Sunblock Market Research/Analysis Report provides answers to your following questions
● What are the global trends in the sunscreen and sunblock market? Would the market see an increase or decrease in demand in the coming years?
● What is the estimated demand for different types of products in sunscreen and sunblock? What are the upcoming industry applications and trends for the Sunscreen and Sunblock Market?
● What are forecasts of the Global Sunscreen and Sunblock Industry in terms of capacity, production and production value? What will be the estimate of cost and profit? What will be market share, supply and consumption? What about import and export?
● Where are the strategic developments taking the industry in the medium to long term?
● What factors contribute to the final price of Sun Creen and Sun Block? What raw materials are used in the manufacture of sunscreen and sunscreen?
● What are the opportunities for the sunscreen and sunscreen market? How will the increasing adoption of Sun Creen and Sun Block for mining impact the growth rate of the overall market?
● How much is the global sunscreen and sun block market worth? What was the market value in 2022?
● Who are the major players in the Sunscreen and Sunblock market? Which companies are the front runners?
● What current industry trends can be implemented to generate additional revenue streams?
● What Should Be Entry Strategies, Countermeasures Against Economic Impact, and Marketing Channels for Sunscreen and Sunscreen Products Industry?
Customization of the report
Can I change the scope of the report to suit my needs?
Yes. Tailor-made requirements of multi-dimensional, deep level and high quality can help our customers to accurately grasp market opportunities, effortlessly meet market challenges, correctly formulate market strategies and act in a timely manner, thus giving them enough time and space for market competition.
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Detailed TOC of Global Sunscreen and Sunscreen Market Insights and Forecasts to 2028
Important points from the table of contents
Global Sunscreen and Sunscreen Market Research Report 2023-2028, by Manufacturers, Regions, Types and Applications
1.1 Objective of the study
1.2 Definition of the market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Main regions covered (North America, Europe, Asia Pacific, Middle East and Africa)
1.4 years considered for the study (2015-2028)
1.5 Considered Currency (US Dollars)
2 Key Findings of the Study
3 Market dynamics
3.1 Driving factors for this market
3.2 Factors challenging the market
3.3 Global Sunscreen and Sunscreen Market Opportunities (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technology and market developments in the sunscreen and sunscreen market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of Sunscreen and Sunscreen Market
4.1 Value Chain Status
4.2 Upstream Commodity Analysis
4.3 Major Midstream Companies Analysis (by Production Base, by Product Type)
4.5 Analysis of Downstream Major Customers (by Region)
5 Global Sunscreen and Sunscreen Market Segment By Type
6 Global Sunscreens and Sunscreens Market Segment By Application
7 Global Sunscreen and Sunscreen Products Market Segment By Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global Sunscreen and Sunscreen Market Segment By Geography
9.1 North America
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Future forecast of the global sunscreen and sunscreen market from 2023 to 2028
10.1 Future forecast of the global sunscreen and sunscreen market from 2023 to 2028, by region
10.2 Global Sunscreen and Sunscreen Production Forecast and Growth Rate by Type (2023-2028)
10.3 Global Sunscreen and Sunscreen Consumption and Growth Rate Forecast by Application (2023-2028)
12.2 Research Data Source
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How big is the market for sunscreen? ›
|Market size value in 2021||USD 11.1 billion|
|Revenue forecast in 2028||USD 14.7 billion|
|Growth Rate||CAGR of 4.0% from 2021 to 2028|
Revenue in the Sun Protection segment amounts to US$1.98bn in 2023. The market is expected to grow annually by 2.42% (CAGR 2023-2027).How much sunscreen is sold each year? ›
Global market size of sunscreen cream 2019-2024
The global sunscreen cream market size amounted to about 8.5 billion U.S. dollars in 2019, and was forecast to reach over 10.7 billion U.S dollars by 2024.
Young people (18-30 years). They live their life to the fullest and enjoy spending time at the beach, soaking up the sunshine. They are active and carefree, spending most of their days outside, not caring about health issues that can come from overexposure to sun.
The U.S. market for sun protection products is expected to hold a market share of 12% (of global) in 2021, and is set to rise a CAGR of 6.5% through 2031. Demand for sun care products in the U.S. that are classic and niche is increasing across the country.Who buys sunscreen the most? ›
In addition, the survey revealed that women tend to wear sunscreen more regularly than men with 26% of women saying they wear it on a daily basis, compared to just 11% of men. Out of the respondents who say they never or rarely wear sunscreen, 62% were men and 50% were women.How many Americans use sunscreen? ›
Most American Adults Do Not Use Sunscreen Regularly
About 30 percent of women and less than 15 percent of men regularly use sunscreen on both the face and other exposed areas of skin, the survey suggested.
13% say they use sunscreen on their body most or all of the time, while 53% say they use it sometimes, and 34% rarely or never put on sunscreen. Nearly 2 in 5 men (39%) rarely or never use sunscreen, compared to 28% of women.How profitable is sunscreen? ›
Global market revenue of the sun care market 2013-2026
In 2021, the global sun care market generated a revenue of 8.28 billion U.S. dollars, an increase of around 500 million dollar.
Best overall sunscreen
Yadav and Harth both recommend Neutrogena Ultra Sheer Dry-Touch because of its lightweight, mattifying feel that won't clog your pores. In addition to a liquid version, it also comes in a stick and spray-on format, which Sapna Palep, founder of Spring Street Dermatology, prefers.
Why is sunscreen such a big deal? ›
“Protection from the sun is important because burns early in life increase the risk of skin cancer later.” The Skin Cancer Foundation notes that one in five U.S. adults will develop skin cancer by age 70.Should I invest in sunscreen? ›
SPF 40 to 50 works well, it will protect your skin from the sun without breaking your bank. Sunscreen is a wise investment to make on your skin.How many sunscreen companies are there? ›
There are 86 Sunscreen Manufacturing businesses in the US as of 2023, an increase of 5.1% from 2022.Do you need FDA approval to sell sunscreen? ›
US FDA regulate Sunscreen as a Drug. Sunscreen manufacturers must comply with all drug requirements, including cGMP (Current Good Manufacturing Practice), Establishment registration, FDA Labeler code request, Drug listing and drug label compliance.What is the highest working sunscreen? ›
The American Academy of Dermatology recommends using a sunscreen with an SPF of at least 30, which blocks 97% of the sun's UVB rays. The highest SPF is 100 and blocks out 99% of UVB rays.What does the FDA recommend for sunscreen? ›
In general, the FDA recommends that you use broad spectrum sunscreen with an SPF of 15 or higher, even on cloudy days. In addition: Apply sunscreen liberally to all uncovered skin, especially your nose, ears, neck, hands, feet, and lips (but avoid putting it inside your mouth and eyes).Why doesn t the us have the best sunscreen? ›
The [Food and Drug Administration] has not approved a new filter ingredient for broad use in the United States since the 1990s. In Europe, Asia and Australia, they have, you know, almost double the filters available for cosmetic chemists that we have.What percentage of sunscreen is best? ›
Dermatologists recommend using an SPF of at least 30, which Adarsh Vijay Mudgil, MD, a dermatologist practicing in New York, calls "the magic number". SPF 15 blocks about 93 percent of UVB rays, while SPF 30 blocks about 97 percent of UVB rays. The ADA recommends an SPF of 30 or higher.How much does the average person spend on sunscreen? ›
Our estimates reveal that sunscreens are affordable with annual expenditures ranging from $30.21 to $61.94, depending on brand, for SPF 50 sunscreens used with minimal application density for the average person.Who is least likely to use sunscreen? ›
Participants with higher skin cancer risk (e.g., pale skin) were less likely to use sunscreen infrequently or never. The major reasons for not using sunscreen were inconvenience and no perceived need for applying sunscreen.
What is sunscreen called in the US? ›
Sunblock: The Basics. Sunscreen and sunblock don't work in the same way, but they both protect the skin from harmful ultraviolet (UV) rays. Sunblock is so named because it literally blocks UV rays by forming a physical shield, while sunscreen absorbs UV rays before your skin can.Do African Americans need sunscreen? ›
Here's something you might've heard before: Black people or people with darker skin tones don't need to use sunscreen. Because the melanin in your skin — which creates the pigmentation — will protect you from the sun. The truth: Everyone needs sunscreen, no matter how dark your skin is.How popular is sunscreen? ›
In 2020, 12.3% of men and 29.0% of women aged ≥18 years always used sunscreen when outside on a sunny day for >1 hour.What is sunscreen so expensive? ›
Why Is Sunscreen Expensive? Sunscreens contain active ingredients that work to block UV rays. Any skincare product with active ingredients is typically more pricey.How many fingers is sunscreen worth? ›
The two finger rule is an SPF application method that involves squeezing sunscreen along the length of two (2) fingers and applying it all over one section of your body, like your face/neck.Can you sue a sunscreen company? ›
The answer is yes. When a sunscreen is defective and doesn't deliver on its promise of protection, you can hold its manufacturer responsible.Does sunscreen expire? ›
Sunscreens are required by the Food and Drug Administration to remain at their original strengths for at least three years. This means that you can use leftover sunscreen from one year to the next. Some sunscreens include an expiration date — a date indicating when they're no longer effective.Which is better sunscreen or sunblock? ›
Sunscreen: Which is Better? In most cases, sunblock is considered to be more effective because it has zinc oxide and titanium dioxide. These are the ingredients that meet the FDA's requirements to be labeled as safe and effective.What sunscreen has the most protection? ›
Sunscreens with higher levels of SPF offer more protection than those with lower values. “A sunscreen with SPF 30 blocks about 97% of UV rays, while SPF 50 blocks about 98% and SPF 100 blocks about 99%,” says Engelman.
- Reduce the Signs of Aging. If you want to reduce the signs of aging, then make sunscreen your friend. ...
- Limit the Appearance of Sunspots. ...
- Protect the Skin from Sunburn. ...
- Reduce the Risk of Skin Cancer. ...
- Avoid Broken Blood Vessels.
Does sunscreen actually protect you? ›
Sunscreens protect the skin. They play an important role in blocking ultraviolet (UV) radiation from being absorbed by the skin. UV radiation damages the skin and can lead to sunburns and skin cancer. No sunscreen blocks UV radiation 100%.How much does sunscreen make a difference? ›
An SPF 15 sunscreen blocks 93% of UVB radiation, and SPF 30 blocks 97%. After that, the difference in protection is small. SPF 50 blocks 98%, and SPF 100 stops 99% of UVB rays from reaching your skin.How much money is in the sunscreen industry? ›
The global sun care products market size was USD 13.03 billion in 2019 and is projected to reach USD 16.84 billion by 2027, exhibiting a CAGR of 3.5% during the forecast period.What is the market size for dermatology products? ›
|Market Size value 2027||USD 11.3 billion|
|Growth Rate||12.7% CAGR|
|Largest Market||North America|
|Market Dynamics||Drivers, Opportunities, Restraints & Challenges|
To get the most protection out of sunscreen, choose one with an SPF of at least 15. If your skin is fair, you may want a higher SPF of 30 to 50.