Industry Analysis & Industry Trends
Increasing consumer awareness regarding the dangers of excessive UVA and UVB exposure has worked in the industry's favor by boosting demand for sun-protection products. Therefore, sun-protection products have become increasingly popular over the past five years. The future looks bright for the Sunscreen Manufacturing industry. The industry's performance over the next five years will be underpinned by growing per capita disposable income and heightened demand from drugstores. The proliferation of products such as cosmetics that contain sunscreen, however, will limit growth.... purchase to read more
Industry Report - Industry Locations Chapter
Consumers use sunscreen products. Consequently, the distribution of this industry's establishments correlates to population levels to reduce transportation costs. For example, the Rocky Mountains regions accounts for 3.1% of industry establishments and 3.6% of the population. Also, the importance of exports as a downstream market encourages industry locations near ports and other hubs of international transport. As a result, IBISWorld estimates that the regions with the greatest number of industry establishments include the West, Mid-Atlantic and Southeast.
The West region benefits from a higher degree of sunny weather relative to other regions... purchase to read more