According to a new report, published by KBV research, the North America Sun Protection Products Market Size would witness market growth of 5.3% CAGR during the forecast period (2018-2024).
The US market was the major revenue generating country in the North America SPF 30 to 50 Sun Protection Products Market, and is expected to maintain its lead throughout the forecast period, growing at a CAGR of 4.9 % during the forecast period. This is due to the higher spending capacity of the consumers and introduction of more effective UV protection products in the region.
The Mexico Sun Protection Products Market is expected to register a CAGR of 7.4% during 2018-2024. The Skincare sun protection products are experiencing higher demand in the country and is expected to remain the dominant segment throughout the forecast period. The Hair care Products market is expected to witness a CAGR of 10.8% during (2018-2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd, L'Oreal S.A., Bioderma Laboratories, Estee Lauder Companies Inc., Burt's Bees, and Unilever.
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