Suncare in Asia-Pacific
SummarySuncare in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The suncare market includes the retail sales of sun protection, after-sun, and self-tan products. The sun protection segment includes lotion, spray, gel, or other topical products that absorb or reflect some of the sun's ultraviolet (UV) radiation. After-sun segment covers all mass and premium moisturizing creams formulated for sunburned skin. Self-tan segment includes all mass and premium products that either enhance natural tanning (tanning aids) or allow the skin to tan without exposure to the sun. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The Asia-Pacific suncare market recorded revenues of $4,923.1 million in 2024, representing a compound annual growth rate (CAGR) of 1.9% between 2019–24.
- Market consumption volume increased with a CAGR of 1.2% between 2019–24, reaching a total of 304.8 million units in 2024.
- The Asia-Pacific suncare market revenue contracted during 2019–24, caused by the COVID-19 pandemic, which resulted in lockdowns and travel restrictions across Asia-Pacific countries. The lockdown resulted in reduced outdoor activities, leading to a slowdown in the consumption volume and market revenue of suncare products.
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 2024?
- What will be the size of the Asia-Pacific suncare market in 2029?
- 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?
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