Report ID: SQMIG30L2193
Report ID:
SQMIG30L2193 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
64 |
Figures:
77
The market's largest contributor, North America, is anticipated to expand at a CAGR of 37.20% over the forecast period. Because consumers are becoming more aware of the importance of practicing skin protection, there is a significant demand for sunscreen and SunCare products in North America. In the North American continent, people are affected by skin cancer and skin ageing issues. One in five Americans will be diagnosed with skin cancer by the time they are 70, according to "The Skin Cancer Foundation." White people frequently experience skin ageing and skin cancer. Comparatively speaking, skin cancer cases among Asians or Blacks are lower. Residents of North America now have a greater need for skincare products as a result.
The market for suncare products is anticipated to expand rapidly in Europe over the course of the forecast period as a result of increased consumption of the products during the summer and during vacations. For instance, the British Beauty Council Report 2018 found that the direct contribution of sun care products to the U.K. GDP during that particular year was roughly 220 million pounds. Additionally, data from the World Cancer Research Fund International showed that 15 of the top 19 countries with the highest melanoma incidence rates were European countries. Because of this, several marketing and awareness-building projects are being conducted in Europe to persuade people to adopt sun protection habits that will increase their market.
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Report ID: SQMIG30L2193