PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1481264
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1481264
Global After Sun Care Products Market to Reach $3.5 Billion by 2030
The global market for After Sun Care Products estimated at US$2.7 Billion in the year 2023, is expected to reach US$3.5 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. Sun Care Lotion, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Sun Care Cream segment is estimated at 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $720.1 Million, While China is Forecast to Grow at 5.8% CAGR
The After Sun Care Products market in the U.S. is estimated at US$720.1 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$725.6 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$466.8 Million by the year 2030.
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