$697.0m
$XX.Xm
762
79
$XX.Xm
The sunscreen manufacturing industry performed well over the past five years as mostly strong economic conditions and growing awareness of the health risks linked to prolonged exposure to ultraviolet (UV) rays have spurred greater sales of sun-care goods. Per capita disposable income has grown over the past five years, enabling consumers to better afford purchases of higher-priced industry goods. However, the proliferation of creams and cosmetics that feature built-in sun protection, which is not industry relevant, has been hampering industry demand somewhat. Over the past five years, revenue has grown at a CAGR of 2.9% to $697.0 million, including an expected 0.4% increase in 2023. Profit is expected to climb to 7.1% of revenue in 2023 from 6.2% in 2018.Heightened demand for price-premium aerosol sprays, all-natural sunscreens and conventional sunscreens with a sun protection factor (SPF) of 30 and higher have bolstered revenue growth over the past five years. However, current labeling and testing regulations have recently limited industry SPF claims. For instance, in 2011, the US Food & Drug Administration (FDA) issued a rule outlining proper procedures for product testing and making product feature claims. Nonetheless, more current industry-specific legislation aims to synergize research and development efforts. The Sunscreen Innovation Act was signed into law in 2014 and requires the FDA to expedite sunscreen ingredient approvals. The Act will likely facilitate new sunscreen research to expand the range of available products. Rising per capita disposable income and strong pent-up demand for recreation and social activity are expected to bolster demand for sun protection products over the next five years. Total recreation expenditure is expected to increase over the next five years, encouraging consumers to purchase sunscreen products to protect their skin against harmful UV rays during outdoor activities. However, the heightened use of sunscreen in skincare and cosmetics, which are not included in the industry, will continue to limit growth. Overall, revenue is forecast to grow at a CAGR of 0.5% to $715.2 million over the five years to 2028.
Industry revenue has grown at a CAGR of 2.9 % over the past five years, to reach an estimated $697.0m in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Edgewell Personal Care Company | 139.9 | 13.6 | 9.7 | |
Beiersdorf Ag | 125.7 | 17.5 | 13.9 | |
Johnson & Johnson | 38.2 | 1.0 | 2.6 |
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Industry revenue is measured across several distinct product and services lines, including Under 50 SPF, 50 SPF and Over 50 SPF. Under 50 SPF is the largest segment of the Sunscreen Manufacturing in the US.
Under 50 SPF jumps due to greater awareness of the harmful effects of prolonged sun exposure and rising consumer spending
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.
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NAICS 32562 - Sunscreen Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Niche manufacturers enter the industry to satisfy growing demand. Niche manufacturers offer innovative, all-natural or luxury sunscreen products.
Learn about an industry's products and services, markets and trends in international trade.
Heightened regulation has hindered the over 50 SPF segment. According to the FDA, sunscreen protection with SFP over 50 is negligible, but the concentration of potentially ha...
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The distribution of businesses largely correlates to population concentrations and proximity to downstream markets to reduce transportation costs. The importance of internati...
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The sunscreen manufacturing industry is highly competitive. Competition is based on product distribution, promotion, product performance and price.
Learn about the performance of the top companies in the industry.
The largest manufacturers own popular sunscreen brands. Larger manufacturers can better command shelf space in grocery stores and pharmacies.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Food and Drug Administration (FDA) governs laws and regulations regarding the industry. The administration regulates the manufacturing, labeling and marketing of sunscree...
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Profit has jumped over the past five years. Profit growth has been driven by rising per capita disposable income.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Sunscreen Manufacturing in the US industry in United States is $697.0m in 2024.
There are 79 businesses in the Sunscreen Manufacturing in the US industry in United States, which has grown at a CAGR of 3.4 % between 2018 and 2023.
The market size of the Sunscreen Manufacturing in the US industry in United States has been growing at a CAGR of 2.9 % between 2018 and 2023.
Over the next five years, the Sunscreen Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Sunscreen Manufacturing market in United States are Edgewell Personal Care Company, Beiersdorf Ag and Johnson & Johnson
Manufacturing sunblock and Manufacturing sunscreen are part of the Sunscreen Manufacturing in the US industry.
The company holding the most market share in United States is Edgewell Personal Care Company.
The level of competition is moderate and steady in the Sunscreen Manufacturing in the US industry in United States.