Latin America Sun Care Products Market Size & Outlook
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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 |
|---|---|---|---|---|
| Bioderma | View profile | 11-50 | Budaörs, Pest, Hungary, Europe | https://www.bioderma.hu |
| Clarins Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.groupeclarins.com/en |
| Burt's Bees | View profile | 251-500 | Oakland, California, United States, North America | http://www.burtsbees.com/ |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Beiersdorf AG | View profile | 21958 | Unnastrasse 48, Hamburg, Germany, 22529 | https://www.beiersdorf.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
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.
Partial client list
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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