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Insight of the Day: Gen Z and Millennials drive surge in sun protection market with focus on anti-aging

Summary:

The US sun protection market is experiencing a surge in demand, particularly among Gen Z and Millennial consumers, driven by increased awareness of skin health and aging concerns.

Findings:

  • Key Drivers: Heightened awareness of the long-term impacts of sun exposure, fueled by social media and influencer marketing, is motivating younger generations to use more sun protection products.

  • Anti-Aging Focus: The desire to prevent aging and protect against sun damage is a primary factor influencing purchasing decisions.

  • Product Preferences: Consumers trust traditional sunscreen over newer beauty products with SPF and prioritize effectiveness in sun protection.

  • Self-Tanner Trend: The use of self-tanning products is increasing as consumers seek a sun-kissed look without the harmful effects of UV rays.

Key Takeaway:

The sun protection market is evolving to cater to the changing needs and preferences of younger consumers. The focus on anti-aging, multi-functional products, and natural ingredients is shaping product development and marketing strategies.

Trends:

  • Holistic Approach: Consumers are adopting a holistic approach to skincare, incorporating sun protection as part of their overall wellness routine.

  • Multifunctional Products: The demand for products that combine sun protection with other skincare benefits is growing.

  • Natural and Eco-Friendly: Consumers are increasingly seeking natural and eco-friendly sunscreen options.

  • Self-Tanning: The use of self-tanning products is on the rise as a safer alternative to sun exposure.

Conclusions:

The sun protection market is poised for continued growth and innovation, driven by consumer demand for effective, multifunctional, and skin-healthy products. Education and advocacy around sun safety will remain crucial in promoting the importance of sun protection for overall well-being.

Implications for Brands:

  • Focus on Education: Brands should prioritize educating consumers about the importance of sun protection and the long-term benefits of using sunscreen.

  • Develop Multifunctional Products: Brands should focus on developing products that offer multiple benefits, such as sun protection, anti-aging, and hydration.

  • Emphasize Natural Ingredients: Consumers are increasingly interested in natural and eco-friendly products, so brands should highlight these features in their marketing and product development.

  • Offer Self-Tanning Options: As the demand for self-tanning products grows, brands should consider offering safe and effective alternatives to sun exposure.

  • Target Younger Consumers: Gen Z and Millennial consumers are key drivers of the sun protection market, so brands should tailor their marketing strategies to appeal to these demographics.

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