The Growing Demand for Sun Care Products in the US Market

The Growing Demand for Sun Care Products in the US Market

With the increasing awareness of the harmful effects of UV rays on the skin, the demand for sun care products has been on the rise in the US market. Sun care products are designed to protect the skin from the harmful effects of the sun, including sunburn, premature aging, and skin cancer. The US market for sun care products is expected to grow at a CAGR of 5.2% from 2021 to 2026, driven by factors such as increasing awareness of the harmful effects of UV rays, rising disposable income, and growing demand for natural and organic sun care products.

Overview

The US market for sun care products is highly competitive, with a large number of players operating in the market. The market is segmented based on product type, including sun protection, after-sun care, and self-tanning products. Sun protection products are further segmented into creams, lotions, gels, sprays, and others. The market is also segmented based on distribution channel, including supermarkets/hypermarkets, convenience stores, online channels, and others.

Key Players in the The Growing Demand for Sun Care Products in the US Market

The key players operating in the US market for sun care products include Johnson & Johnson, L’Oreal SA, Beiersdorf AG, Unilever PLC, Shiseido Co. Ltd., Estee Lauder Companies Inc., Coty Inc., Bioderma Laboratories, La Roche-Posay, and others. These players are focusing on product innovation, expanding their product portfolio, and strategic partnerships to strengthen their market position.

Market Challenges

One of the major challenges faced by the sun care products market in the US is the availability of counterfeit products. Counterfeit sun care products are often sold at a lower price, which attracts price-sensitive consumers. However, these products do not provide the same level of protection as genuine sun care products, which can lead to serious health issues. Another challenge faced by the market is the increasing demand for natural and organic sun care products, which are often more expensive than conventional sun care products.

Market Opportunities

The growing demand for natural and organic sun care products presents a significant opportunity for players operating in the US market. Consumers are becoming increasingly aware of the harmful effects of chemicals used in conventional sun care products, which has led to a shift towards natural and organic products. Players can capitalize on this trend by expanding their product portfolio to include natural and organic sun care products. Another opportunity for players is the growing demand for sun care products among men. Men are becoming more conscious of their skin health and are increasingly using sun care products.

Future of The Growing Demand for Sun Care Products in the US Market

The US market for sun care products is expected to continue to grow in the coming years, driven by factors such as increasing awareness of the harmful effects of UV rays, rising disposable income, and growing demand for natural and organic sun care products. Players operating in the market are expected to focus on product innovation, expanding their product portfolio, and strategic partnerships to strengthen their market position. The market is also expected to witness a shift towards natural and organic sun care products, as consumers become more aware of the harmful effects of chemicals used in conventional sun care products.

Conclusion

The US market for sun care products is expected to continue to grow in the coming years, driven by factors such as increasing awareness of the harmful effects of UV rays, rising disposable income, and growing demand for natural and organic sun care products. Players operating in the market are expected to focus on product innovation, expanding their product portfolio, and strategic partnerships to strengthen their market position. The market is also expected to witness a shift towards natural and organic sun care products, as consumers become more aware of the harmful effects of chemicals used in conventional sun care products.

Post Disclaimer

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Brite View Research journalist was involved in the writing and production of this article.