This report from Packaged Facts covers the over $1 billion U.S. market for suncare and lip balm products, focusing on the increasing diversity of the product offerings and the consumer base. The report tabulates market size and growth, market composition, and factors to market growth, providing sales projections through 2005. The analysis of the competitive situation features marketer/brand share and new product introduction data, as well as profiles of leading and emerging competitors across retail sectors. Shifts in retail and consumer dynamics are tracked through IRI, Simmons, and other current sales and demographic data.
Demand for Sunscreen, Natural Ingredients, Cosmeceuticals Cause Suncare/Lipcare Sales To Rise; Combined Market Reaches $1.3 Million
New York, March 21/PRNewswire –- MarketResearch.com, the leading provider of global market intelligence products and services, announced the release of a new research study “The U.S. Market for Suncare and Lipcare Products” from Packaged Facts. According to this study, rising concerns about sun protection, support of natural ingredients and hopes for more youthful living through cosmeceuticals have renewed enthusiasm for suncare/lipcare products. The year 2000 saw 75 new suncare products and 215 new suncare SKUs introduced, as well as an overall increase in lipcare products made with sunscreen formulas. These formulas now routinely incorporate natural, cosmeceutical and nutraceutical ingredients along with state-of-the-art sun protection like avobenzone.
“Natural products are a supertrend that shows no signs of abating,” said Richard Koulbanis, Sr. VP of Publishing at MarketResearch.com. “Consumers, perceiving natural ingredients to be “good” and “pure”, are more willing to try out and pay premium prices for health and beauty care products with natural formulations and ingredients.”
The baby boom generation, notoriously concerned with maintaining their youth and health, continue to dictate which products are successful in the U.S. – including higher priced specialty products that offer protection from sun damage. The inclusion of sunscreen ingredients in beauty products has effectively attracted a broad range of new consumers, including men, children and sports enthusiasts. Consumers are, in turn, increasing their use of these products to secure sun protection benefits.
Scope and Methodology
This report covers all over-the-counter (OTC) retail items specifically marketed as suncare or lipcare products, including products sold through mass-market, prestige, specialty, natural, and direct-sales channels. The types of suncare products covered include suntan products, sunscreen products, self-tan (or sunless tan) products, and after-sun (or after-tan) products. The types of lipcare products include lip moisturizers, sun protection products for lips, and medicated products to treat chapped lips or cold sores.
The information contained in this report was obtained from both primary and secondary research. Primary research entailed consultation with industry sources and on-site examination of the retail milieu. Secondary research entailed data-gathering from relevant trade, business, and government sources, including company literature. Packaged Facts has derived sales figures from sources such as Information Resources, Inc. (IRI) InfoScan data and Supermarket Business consumer expenditure surveys. Figures provided on national consumer advertising expenditures are based on data (copyright 2000) from CMR, a Taylor Nelson Sofres company. The analysis of consumer demographics primarily derives from the Simmons Market Research Bureau (New York, NY) spring 2000 consumer survey, based on 33,502 respondents.
How does the new synergy between suncare and lipcare change the beauty market?
Will new SPF legislation affect your suncare products?
Is the Internet really changing the lipcare industry?
Find the answers to these questions and more in the new U.S. Suncare and Lipcare Market from Packaged Facts. With details on product development, consumer demand, government regulations and marketing strategies, this study explores advancements in these seven areas:
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Representing over 600 hours of research, analysis and execution, The U.S. Suncare and Lipcare Market is compiled from both primary and secondary data, including:
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Hours of Research: 600
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