{"id":60032,"date":"2024-09-30T12:06:06","date_gmt":"2024-09-30T12:06:06","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/09\/30\/suncare-products-market-to-hit-usd-18-5-billion-by-2032-says-global-market-insights-inc\/"},"modified":"2024-09-30T12:06:06","modified_gmt":"2024-09-30T12:06:06","slug":"suncare-products-market-to-hit-usd-18-5-billion-by-2032-says-global-market-insights-inc","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/suncare-products-market-to-hit-usd-18-5-billion-by-2032-says-global-market-insights-inc\/","title":{"rendered":"Suncare Products Market to hit USD 18.5 billion by 2032, says Global Market Insights Inc."},"content":{"rendered":"
\n

Suncare products industry is projected to witness a CAGR of 4.2% during the period 2024-2032. This growth can be attributed to increasing awareness of skin protection.<\/em><\/p>\n

Selbyville, Delaware, Sept. 30, 2024 (GLOBE NEWSWIRE) — <\/p>\n

Suncare Products Market size<\/u><\/a> was at approximately USD 12.9 billion in 2023. Projections indicate a steady development, with an estimated CAGR of around 4.2% from 2024 to 2032, driven by continuous innovation in suncare formulations.<\/p>\n

Request for a sample of this research report @ <\/strong>https:\/\/www.gminsights.com\/request-sample\/detail\/10993<\/u><\/strong><\/a><\/p>\n

<\/p>\n

Heightened awareness of the risks associated with UV exposure, such as skin cancer and premature aging, leads consumers to prioritize sun protection.<\/p>\n

Public health campaigns and educational initiatives have significantly amplified this awareness, resulting in a broader adoption of suncare products. Concurrently, there’s a noticeable shift towards products featuring natural and organic ingredients, reflecting a wider trend of health-conscious and eco-friendly consumer choices.<\/p>\n

Technological advancements in product formulations have significantly enhanced the appeal and effectiveness of suncare products market. Innovations such as water-resistant, non-greasy, and broad-spectrum formulas meet consumer demands for both protection and comfort. Furthermore, a rising middle class in emerging markets, particularly in Asia Pacific and Latin America, is increasing its spending on personal care products, including suncare. With a surge in global travel and outdoor activities, the demand for suncare solutions has intensified as consumers seek to shield their skin from sun exposure.<\/p>\n

The overall suncare products market is classified based on type, price range, form, consumer group, distribution channel, and region.<\/p>\n

In 2023, the sun protection products segment generated approximately USD 8.2 billion, with projections to reach USD 12.1 billion by 2032. As consumers become more proactive in preventing UV-induced skin damage, there’s a growing interest in anti-aging solutions. Innovations in formulations, such as advanced broad-spectrum protection, water resistance, and lightweight textures, appeal to those seeking effective yet comfortable sun protection. The rising enthusiasm for outdoor activities and sports, combined with a growing middle class in emerging markets with increased disposable income, further drives the demand for sun protection products.<\/p>\n

In 2023, suncare products market from women led the segment with a share of approximately 48%, projected to rise to 50% by 2032. As understanding deepens regarding the long-term repercussions of UV exposure, such as skin aging and cancer, women increasingly adopt suncare products as a preventive strategy. They look for multifunctional products that not only shield from the sun but also provide moisturization, hydration, and skin tone enhancement. With a pronounced emphasis on anti-aging, women prioritize products that guard against UV damage and aid in preserving youthful skin. Sun protection has seamlessly integrated into their anti-aging regimens. Recent innovations, like lightweight and non-greasy formulations, alongside products designed for specific skin types\u2014whether sensitive, oily, or dry\u2014cater to the diverse skincare requirements of women.<\/p>\n

North America dominated the suncare products market with a share of around 37% in 2023 and is projected to grow at a CAGR of approximately 4.5% from 2024 to 2032, owing to a pronounced emphasis on maintaining youthful skin and preventing aging. Continuous innovations, such as enhanced broad-spectrum protection and varied textures, propel the North American market. Moreover, beauty trends, bolstered by endorsements from celebrities and influencers, play a pivotal role in amplifying consumer interest in the latest suncare innovations.<\/p>\n

Request for Report Customization @\u00a0<\/strong>https:\/\/www.gminsights.com\/roc\/10993<\/u><\/strong><\/a><\/p>\n

Major players in suncare products market include Amorepacific Corporation, Avon Products, Inc., Bayer AG, Beiersdorf AG, Clarins Group, Coty Inc., Edgewell Personal Care, Johnson & Johnson, Kao Corporation, L’Or\u00e9al Group, Procter & Gamble Co., Revlon, Inc., Shiseido Co., Ltd., The Est\u00e9e Lauder Companies Inc., and Unilever among others.<\/p>\n

Partial Table of Contents (ToC) of the report:<\/strong><\/p>\n

Chapter 1\u00a0\u00a0\u00a0Methodology & Scope<\/strong><\/p>\n

1.1\u00a0\u00a0\u00a0 Market scope & definitions<\/p>\n

1.2\u00a0\u00a0\u00a0 Research design<\/p>\n

1.2.1\u00a0\u00a0\u00a0 Research approach<\/p>\n

1.2.2\u00a0\u00a0\u00a0 Data collection methods<\/p>\n

1.3\u00a0\u00a0\u00a0 Base estimates & calculations<\/p>\n

1.3.1\u00a0\u00a0\u00a0 Base year calculation<\/p>\n

1.3.2\u00a0\u00a0\u00a0 Key trends for market estimation<\/p>\n

1.4\u00a0\u00a0\u00a0 Forecast model<\/p>\n

1.4.1\u00a0\u00a0\u00a0 Primary research and validation<\/p>\n

1.4.2\u00a0\u00a0\u00a0 Primary sources<\/p>\n

1.4.3\u00a0\u00a0\u00a0 Data mining sources<\/p>\n

Chapter 2\u00a0\u00a0\u00a0Executive Summary<\/strong><\/p>\n

2.1\u00a0\u00a0\u00a0 Industry 3600<\/sup>\u00a0synopsis, 2021-2032<\/p>\n

Chapter 3\u00a0\u00a0\u00a0Industry Insights<\/strong><\/p>\n

3.1\u00a0\u00a0\u00a0 Industry ecosystem analysis<\/p>\n

3.1.1\u00a0\u00a0\u00a0 Factors affecting the value chain<\/p>\n

3.1.2\u00a0\u00a0\u00a0 Profit margin analysis<\/p>\n

3.1.3\u00a0\u00a0\u00a0 Disruptions<\/p>\n

3.1.4\u00a0\u00a0\u00a0 Future outlook<\/p>\n

3.1.5\u00a0\u00a0\u00a0 Manufacturers<\/p>\n

3.1.6\u00a0\u00a0\u00a0 Distributors<\/p>\n

3.1.7\u00a0\u00a0\u00a0 Retailers<\/p>\n

3.2\u00a0\u00a0\u00a0 Key news & initiatives<\/p>\n

3.3\u00a0\u00a0\u00a0 Regulatory landscape<\/p>\n

3.4\u00a0\u00a0\u00a0 Impact forces<\/p>\n

3.4.1\u00a0\u00a0\u00a0 Growth drivers<\/p>\n

3.4.1.1\u00a0\u00a0\u00a0 Increasing awareness of skin protection<\/p>\n

3.4.1.2\u00a0\u00a0\u00a0 Continuous innovation in suncare formulations<\/p>\n

3.4.2\u00a0\u00a0\u00a0 Industry pitfalls & challenges<\/p>\n

3.4.2.1\u00a0\u00a0\u00a0 Health concerns over chemical ingredients<\/p>\n

3.5\u00a0\u00a0\u00a0 Growth potential analysis<\/p>\n

3.6\u00a0\u00a0\u00a0 Porter\u2019s analysis<\/p>\n

3.7\u00a0\u00a0\u00a0 PESTEL analysis<\/p>\n

Browse more skin care industry reports @ <\/strong>https:\/\/www.gminsights.com\/industry-reports\/skin-care\/84<\/u><\/strong><\/a><\/p>\n

About Global Market Insights<\/strong><\/p>\n

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.<\/p>\n

CONTACT: Contact Us:\r\nAashit Tiwari\r\nCorporate Sales, USA\r\nGlobal Market Insights Inc.\r\nToll Free: +1-888-689-0688\r\nUSA: +1-302-846-7766\r\nEurope: +44-742-759-8484\r\nAPAC: +65-3129-7718\r\nEmail: sales@gminsights.com\r\nRead More News @ https:\/\/ibmag.com<\/pre>\n
<\/div>\n","protected":false},"excerpt":{"rendered":"
Suncare products industry is projected to witness a CAGR of 4.2% during the period 2024-2032. This growth can be attributed to increasing awareness of skin protection. Selbyville, Delaware, Sept. 30, 2024 (GLOBE NEWSWIRE) — Suncare Products Market size was at approximately USD 12.9 billion in 2023. Projections indicate a steady development, with an estimated CAGR […]\n","protected":false},"author":1,"featured_media":60033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-60032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"\nSuncare Products Market to hit USD 18.5 billion by 2032, says Global Market Insights Inc. - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/suncare-products-market-to-hit-usd-18-5-billion-by-2032-says-global-market-insights-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suncare Products Market to hit USD 18.5 billion by 2032, says Global Market Insights Inc.\" \/>\n<meta property=\"og:description\" content=\"Suncare products industry is projected to witness a CAGR of 4.2% during the period 2024-2032. 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