Key Highlights
- The suncare market consists of the retail sale of sun protection, after-sun and self-tan products. The sun protection segment consists of lotion, spray, gel or other topical product that absorbs or reflects some of the sun's ultraviolet (UV) radiation. The after-sun segment consists of all mass and premium moisturizing cream formulated for sunburned skin. The self-tan segment consists of all mass and premium products that either enhance natural tanning (tanning aids) or allow the skin to tan without developing exposure to the sun. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The Asia-Pacific Suncare market had total revenues of $2.76 billion in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
- Market consumption volumes declined with a CAGR of -0.7% between 2017 and 2022, to reach a total of 150.8 million units in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.1% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $3.38 billion by the end of 2027.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the suncare market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the suncare market in Asia-Pacific
- Leading company profiles reveal details of key suncare market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific suncare market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific suncare market by value in 2022?
- What will be the size of the Asia-Pacific suncare market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific suncare market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's suncare market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Shiseido Company, Limited
- L'Oreal SA
- Amorepacific Corp
- Beiersdorf AG