The U.S. sun care market size is
expected to reach USD 2.68 billion by 2025, according to a new report by Grand
View Research, Inc. The growing emphasis on personal health coupled with rising
instances of skin care due to over exposure is giving momentum to the usage of
organic sun care products thereby propelling the market growth.
Growing demand for
organic sun care products including sunscreen is expected to drive the
product’s demand. Furthermore, the rising demand for the organic products over
non-organic sun care products owing to the elimination of synthetic chemicals
is projected to fuel the market growth over the forecast period.
The rising e-commerce
portals or websites result in an ease of the product purchase with diverse
companies providing price discounts. In addition, the new entrants stand a
chance to market their product and reach greater and targeted audiences.
Moreover, the product is expected to register an increase in demand owing to
rise in a number of these portals and end-user usage.
The industry is
characterized by the presence of stringent regulatory frameworks associated
with the chemical composition utilized in the production sun care products.
Paraaminobenzoic acid (PABA) was used as a UV absorbing but it is banned owing
to the chemical causing skin irritation and is currently swapped bya derivative
of PABA, Padimate-O.
Access Research Report of U.S. Sun Care Market@ https://www.grandviewresearch.com/industry-analysis/us-sun-care-market
Further key findings from the report suggest:
· Self-tanning sun care products are expected
to record the highest growth at a CAGR of 4.8% from 2017 to 2025, owing to
prevalent awareness of adverse impacts of ultraviolet rays
· The increasing prevalence of non-melanoma
and melanoma cancers throughout the U.S. is expected to drive the industry
growth over the next eight years
· SPF 30 to 50, a type of sun protection
product is expected to register high growth at a CAGR of 4.1% from 2017 to 2025
owing to rising prolonged exposure to UV rays
· Key industry players such as L’Oréal are
involving in the vertical integration of the company in order to reduce the
operational and production cost thereby maximizing profit
Grand View Research has
segmented the U.S. sun care market on the basis of product:
Product Outlook (USD Million; 2014 - 2025)
·
Self-tanning
·
After sun
·
Sun protection
o
SPF 15 and below
o
SPF 15 to 30
o
SPF 30 to 50
o
SPF 50 and above
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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