Latin America Sun Care Products Market Size & Outlook
Latin America sun care products market, 2016-2028 (US$M)
Related Markets
Latin America sun care products market highlights
- The Latin America sun care products market generated a revenue of USD 727.6 million in 2020.
- The market is expected to grow at a CAGR of 4.6% from 2021 to 2028.
- In terms of segment, adult sun cream was the largest revenue generating product in 2020.
- Fake Tan/Self Tan is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 727.6 million |
| Market revenue in 2028 | USD 1,039.3 million |
| Growth rate | 4.6% (CAGR from 2020 to 2028) |
| Largest segment | Adult sun cream |
| Fastest growing segment | Fake Tan/Self Tan |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult Sun Cream, Baby Sun Cream, After Sun, Fake Tan/Self Tan, Tanning |
| Key market players worldwide | Beiersdorf AG, Johnson & Johnson, Shiseido Co Ltd, L'Oreal SA, Unilever PLC, Burt's Bees, Clarins Group, Bioderma |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.8% of the global sun care products market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,274.5 million by 2028.
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Sun Care Products Market Scope
Sun Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America sun care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sun care products market will help companies and investors design strategic landscapes.
Adult sun cream was the largest segment with a revenue share of 69.09% in 2020. Horizon Databook has segmented the Latin America sun care products market based on adult sun cream, baby sun cream, after sun, fake tan/self tan, tanning covering the revenue growth of each sub-segment from 2016 to 2028.
- Latin America Sun Care Products Product Outlook (Revenue, USD Million, 2016-2028)
- Adult Sun Cream
- Baby Sun Cream
- After Sun
- Fake Tan/Self Tan
- Tanning
- Latin America Sun Care Products Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
- Hypermarket & supermarket
- Pharmacy & Drug stores
- Specialty Store
- Online
- Others
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Target buyers of Latin America sun care products market databook
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Our clientele includes a mix of sun care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America sun care products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America sun care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America sun care products size, by country, 2016-2028 (US$M)
Latin America Sun Care Products Market Outlook Share, 2020 & 2028 (US$M)
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