Industry Analysis & Industry Trends
Increasing consumer awareness regarding the dangers of excessive UVA and UVB exposure has worked in the industry's favor by boosting demand for sun-protection products. Therefore, sun-protection products have become increasingly popular over the past five years. The future looks bright for the Sunscreen Manufacturing industry. The industry's performance over the next five years will be underpinned by growing per capita disposable income and heightened demand from drugstores. The proliferation of products such as cosmetics that contain sunscreen, however, will limit growth.... purchase to read more
Industry Report - Industry Investment Chapter
The Sunscreen Manufacturing industry is characterized by a high level of capital intensity, with $0.47 spent on capital for every dollar spent on labor. In 2014, wages are estimated to account for 6.6% of total industry revenue. Comparatively, depreciation, which reflects capital investment, is estimated to total 3.1%. Depreciation is higher than the manufacturing sector's average because of extensive research and development efforts designed to formulate sunscreens that offer improved protection and longer protection times while adhering to Food and Drug Administration standards. As a result, a variety of lab equipment is required for testing and analysis purposes. These expenses help drive up depreciation costs and contribute to the industry's high level of capital intensity... purchase to read more