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 - Starting a New Business Chapter
Regulatory hurdles pose the most formidable barrier to entry into the Sunscreen Manufacturing industry. The US Food and Drug Administration (FDA) govern the laws and regulations relating to the manufacturing, labeling and marketing of products containing an SPF. Regulations require companies to adhere to certain guidelines, which could eventually increase packaging and production costs. See the Regulation and Policy section for more information.
High levels of capital intensity reflect a potential barrier for less capitalized entrants; however, high capital intensity reflects the activities of the largest operators that dominate the industry. These operators perform extensive research and development and require related laboratory and scientific equipment, which is expensive... purchase to read more