Bright side: Heightened demand from drug stores will help foster industry revenue growth

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. Moreover, the future continues to look 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 drug stores. The proliferation of products such as cosmetics that contain sunscreen, however, will limit growth...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Consumers’ growing spending power is expected to bolster demand for price-premium sun protection products
  • Niche players have entered the industry by offering all-natural or luxury sunscreen products
  • Healthy prospects for sunscreen manufacturers will draw new businesses
  • Industry Report - Industry Key Buyers Chapter

    Concentration in this industry is moderate, with the top three companies collectively accounting for an estimated 47.2% of total industry revenue in 2018. Edgewell Personal Care, the industry largest operator, owns leading sunscreen brands Banana Boat and Hawaiian Tropic. Additionally, Bayer AG controls the company that produces Coppertone products, while Johnson & Johnson offers sunscreen through its Neutrogena brand. Major players are horizontally integrated to include SPF in their skincare products that are not included as part of the Sunscreen Manufacturing industry and are accounted for in the Cosmetic and Beauty Products Manufacturing industry (IBISWorld report 32562).The majority of other remaining sunscreen manufacturers cater to niche or private label markets. Sun...purchase to read more.

    Additional Insights for the Sunscreen Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sunscreen Manufacturing Industry are

  • Environmental compliance
  • Automation
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Demand from pharmacies and drug stores and Per capita disposable income in the Sunscreen Manufacturing industry impact industry performance..

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    What's in this report

    What is the Sunscreen Manufacturing Industry?

    Operators in the Sunscreen Manufacturing industry prepare, blend, compound and package sun protection products. Sunscreen comes in lotion, cream, spray or other topical applications and is used to protect the skin from the sun’s harmful rays, limiting sunburns and helping prevent skin cancer. This industry does not include sun amplification products.

    Industry Products
  • Under 15 SPF
  • 15 SPF
  • Over 15 SPF
  • Industry Activities
  • Manufacturing sunblock
  • Manufacturing sunscreen
  • Manufacturing sun protection sprays
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from pharmacies and drug stores
  • Per capita disposable income
  • Total recreation expenditure
  • Trade-weighted index
  • World price of crude oil
  • Average annual precipitation

  • Current Performance
  • Structure and size
  • Input costs and profit
  • Regulation and trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Inputs and profit
  • International trade and regulation
  • Table: Sunscreen Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sunscreen Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Drug, Cosmetic & Toiletry Wholesaling
  • Retail Trade
  • Campgrounds & RV Parks
  • Consumers

  • Key Selling Industries
  • Chemical Wholesaling
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Petrochemical Manufacturing

  • Products & Services
  • Over 15 SPF
  • 15 SPF
  • Under 15 SPF
  • Chart: Sunscreen Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Consumer awareness
  • Downstream demand
  • Seasonality and activity

  • Major Markets
  • Retailers
  • Exports
  • Wholesalers
  • Other
  • Chart: Major Market Segmentation for the Sunscreen Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Sunscreen Manufacturing

  • Basis of Competition
    External competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sunscreen Manufacturing Industry

  • Industry Globalization
    Edgewell Personal Care Co., Bayer AG,
  • Table: Edgewell Personal Care Co. - financial performance
  • Table: Bayer AG - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sunscreen Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sunscreen Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Research And Development (R&D)
  • Creative work undertaken by a company in order to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.
  • Spf
  • An acronym for sun protection factor, this number indicates the degree of protection from UV rays the consumer can expect during normal use.
  • Uva
  • Ultraviolet radiation of long wavelengths. UVA rays account for about 95.0% of all ultraviolet radiation reaching the Earth's surface.
  • Uvb
  • Ultraviolet radiation of short wavelengths. UVB rays are the primary cause of sunburns.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sunscreen Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Sunscreen Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sunscreen Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sunscreen Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sunscreen Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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