Skip to main content
  1. Market Insights
  2. Consumer
  3. Beauty & Personal Care
  4. Skin Care

Sun Protection - Guyana

Guyana
  • In 2024, the revenue in the Sun Protection market in Guyana amounts to GYD US$367.50k.
  • It is projected to grow annually by 2.56% (CAGR 2024-2029).
  • When compared globally, United States generates the highest revenue with US$2bn in 2024.
  • Considering the total population, per person revenues of GYD US$0.45 are generated in 2024.
  • Guyana's sun protection market is seeing a rise in demand for SPF products due to the country's tropical climate.

Definition:

The market Sun Protection includes cosmetic products used for sun protection of the skin. These incorporate all types of adult sunscreens, sun sprays, and after-sun lotions. Excluded are baby sunscreens and usual body lotions.

Additional Information:

The market comprises revenue, average revenue per capita, and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Adult sunscreen
  • Sun sprays
  • After sun

Out-Of-Scope

  • Baby & child sunscreen
  • Body lotions

Revenue

Notes: Data shown is using current exchange rates and reflect market impacts of Russia-Ukraine war.

Most recent update: Nov 2024

Source: Statista Market Insights

Most recent update: Nov 2024

Source: Statista Market Insights

Key Players

Most recent update: Mar 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Nov 2024

Source: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

Contact

Get in touch with us. We are happy to help.