Sun Protection Skincare Industry Overview and Market Size
2024-12-29
He sun protection skincare industry is dedicated to providing ultraviolet protection products to shield the skin from damage, with a rapidly growing market size and promising future prospects.
Definition and Classification: Sun protection skincare products can block UVA and UVB radiation, preventing issues such as sunburn,
and include various formulations such as sunscreens, lotions, sprays, and oils, each suitable for different skin types and scenarios.
Development History: The industry has gone through four phases: the embryonic period (1890-1928), the startup period (1929-1970),
the rapid development period (1971-1995), and the maturity period (1996 to present), with continuous product innovation and increasingly mature technology.
Market Size: From 2019 to 2023, the market size grew from 10.462 billion yuan to 22.497 billion yuan, with a compound annual growth rate of 21.10%;
it is expected to grow from 25.489 billion yuan to 42.002 billion yuan between 2024 and 2028, with a compound annual growth rate of 13.30%. The development is driven by increasing consumer health awareness and diverse demands.
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