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Andrea Alms Video:  Money In Motion 115 - Sun Care Market Overview

July 2024 - Private Equity

posted by BrookDell Partners
8mos ago

TRANSCRIPT Hello, my name is Andrea ALMs. I am technology investor and financial manager and this is your money in motion. What is it? Health care products also known to be ultraviolet filters or photo protectant, are commonly used in cosmetic formulations that are applied on to the skin surface to protect it from harmful effects of ultraviolet light coming from sun rays and protecting against skin aging, tanning and melanomas.


Skin cancer is the most common. According to the Cancer Research USA, eight out of ten cases of melanoma can be prevented through an understanding of harmful effects of sunlight and how to protect oneself from the harmful rays. Even though people are aware of the causes and use sunscreen and other types of sunblock to mitigate the risk. Approximately 9500 are still diagnosed with the disease every day at Research and Markets.


The global market for Suncare products, estimated to be 10.7 billion in 2022, is projected to reach 18 billion by 2027 at a compound average growth rate of 7.6% at MMR. The market size of 2022 was 11.57 billion, at a compound average growth rate of 4%, and is expected to reach 15.22 billion in 2029. At Spherical Insight, the market was 14.1 billion in 2023 and expected to reach 25.5 billion in 2033, and a compound average growth rate of 3.81%.


Averaging the averages, the market was 12.1 billion at 5.1% growth rate. Thank you. This is your money. Your money in motion.


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ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.