The North America Sun Care Cosmetics Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Consumers' choices for sun care cosmetics depend on various cultural, societal, and individual variables. For example, the cost of the product is a significant determinant of its uptake. As compared to their less expensive competitors, expensive items are seen to be of higher quality. As a result, product discounts may significantly affect customers' purchasing decisions. Also, marketing messages have a significant impact on how consumers use products.
In their marketing strategies to reach customers, players might concentrate on elements like brand image, product efficacy, and the ethical and ecological aspects of the product. Finally, the ease of accessibility impacts consumer product uptake and purchase choices. Moreover, sunblock comes in a range of SPF (Sun Protection Factor) ratings. The SPF of sunscreen indicates how effective it is. The more sun protection against UV rays can provide, the higher the SPF.
Contrary to popular belief, SPF ratings do not always indicate how long a person may be exposed to sunlight without risk. Together with the sunscreen's SPF, other factors that affect UV protection include the quantity applied, the wearer's skin type, the activities they are engaging in at the time, and how much sunscreen has been absorbed by the skin. It is advised to apply sunblock up to thirty minutes before exposure to the sun and to reapply every fifteen to thirty minutes of exposure.
A significant portion of cosmetics purchases in the US are conducted online. Due to changing lifestyles brought on by improvements in money, customers may now pick healthier solutions for themselves and the environment which were previously believed to be unattainable; this is driving the market in the North America area towards considerable growth. Customers in the area, who are mostly from the United States and Canada, are more likely to seek out goods like wrinkle-smoothing lotions and UV protection, which puts a brake on the product launch. As a result, there is an increase in demand for sun care cosmetics in North America.
The US market dominated the North America Sun Care Cosmetics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,620.6 Million by 2028. The Canada market is poised to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.8% during (2022 - 2028).
Based on Type, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Online, and Others. Based on Product, the market is segmented into SPF Foundation, SPF BB Creams, SPF Primers, SPF Lotion, SPF Sunscreen, Tinted Moisturizers, SPF Primers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Sun Care Cosmetics Market is Predict to reach $13.5 Billion by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Shiseido Company, Limited, Beiersdorf AG, Unilever PLC, Estee Lauder Companies, Inc., Johnson & Johnson, Burt's Bees, Inc. (The Clorox Company), Coty, Inc., NAOS, and Clarins Group SA
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