Investment Rating - The report does not provide a specific investment rating for the sunscreen skincare industry [2]. Core Insights - The sunscreen skincare industry is experiencing significant growth, with a compound annual growth rate (CAGR) of 21.10% from 2019 to 2023, and an expected CAGR of 13.30% from 2024 to 2028. This growth is driven by increasing consumer awareness of skin health and the harmful effects of UV radiation [2][25]. - The industry is characterized by seasonal demand, evident spikes in sales during summer months, and a trend towards product diversification to meet varying consumer needs [6][8]. - Regulatory scrutiny is high, with strict requirements for product safety and efficacy, which influences market dynamics and consumer trust [9][32]. Industry Definition - The sunscreen skincare industry encompasses products designed to protect the skin and lips from UV damage, including sunscreens, lotions, sprays, and oils. The core function is to block UVA and UVB radiation, preventing sunburn, skin aging, and reducing skin cancer risk [3][17]. Industry Classification - The sunscreen skincare products can be classified into several categories based on formulation types: creams, lotions, sprays, and oils, each catering to different skin types and preferences [5]. Industry Characteristics - The industry exhibits clear seasonal demand, with summer being the peak sales period due to increased outdoor activities and UV exposure [7]. - There is a noticeable trend towards product segmentation, with offerings tailored to specific skin types and conditions, such as moisturizing sunscreens for dry skin and oil-free formulations for oily skin [8]. - The regulatory environment is stringent, ensuring that all products meet safety standards and are accurately labeled regarding their protective capabilities [9]. Development History - The sunscreen skincare industry has evolved through four stages: 1. Emergence (1890-1928) - Low consumer awareness and demand 2. Initiation (1929-1970) - Growing recognition of the importance of sun protection 3. Rapid Growth (1971-1995) - Expansion of the market and introduction of effective products 4. Maturity (1996-present) - Further segmentation and innovation in product offerings [10][15]. Industry Size - The market size of the sunscreen skincare industry grew from 10.462 billion RMB in 2019 to 22.497 billion RMB in 2023, with a CAGR of 21.10%. It is projected to reach 42.002 billion RMB by 2028, growing from 25.489 billion RMB in 2024 [25]. Policy Overview - Recent policies, such as the "Cosmetics Network Operation Supervision and Management Measures," aim to enhance the regulation of online cosmetic sales, ensuring product safety and accurate labeling [29][31]. - The "Cosmetics Production Quality Management Standards" and "Adverse Reaction Monitoring Management Measures" further emphasize the need for quality control and consumer safety in the industry [32][33]. Competitive Landscape - The sunscreen skincare market is characterized by high concentration, with leading companies like Proya Cosmetics, Natural Hall, and Huaxizi dominating the market. The top 10 brands account for over 54% of the market share [39]. - Competition is expected to intensify as consumer demands become more refined, leading to the introduction of differentiated products that cater to specific skin types and conditions [41].
防晒护肤品：阳光下的美丽守护者，全方位防护每一寸肌肤 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-12-12 12:31