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Sports Sun Care Market Share
In 2023, dominant market players, including La Roche-Posay, Coppertone, Neutrogena, and Banana Boat collectively hold a substantial 25% market share. These prominent players are proactively involved in strategic endeavors like mergers & acquisitions, facility expansions, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research and development, aiming to enhance their designs and integrate cutting-edge technologies, ensuring they maintain a competitive edge.
Sports Sun Care Market Companies
Major players operating in the sports sun care industry include:
- Banana Boat
- Coppertone
- La Roche-Posay
- Neutrogena
Sports Sun Care Industry News
How large is the sports sun care market?
Sports sun care industry size was USD 1.81 billion in 2023 and is anticipated to register over 4.4% CAGR between 2024 and 2032 owing to the rising need for customized skincare formulations to provide effective sun protection for individuals engaging in sports and outdoor activities.
Why is the demand for sports sun care lotions rising?
The lotions product type segment recorded 37.9% of the sports sun care market share in 2023 of the total market led by their rising popularity among consumers to provide various SPF levels
What factors are driving North America sports sun care industry growth?
North America sports sun care industry size was USD 0.57 billion in 2023 due to the high participation rates in outdoor sports and the strong emphasis on sun protection in the region
What is the size of the 30 to 49 sports sun care industry?
The 30 to 49 SPF level segment may reach USD 1.3 billion by 2032 owing to their ability to render slightly higher level of UVB protection in environments with intense sunlight or prolonged outdoor exposure.