Global Sun Care Cosmetics Market Size study & Forecast, by Product (Tinted Moisturizer, SPF Foundation, SPF BB Cream, SPF Primers, SPF Spray, SPF Lotion, SPF Sunscreen, Others), by Type (Conventional, Organic), by Distribution Channel (Supermarkets & Hype

Global Sun Care Cosmetics Market Size study & Forecast, by Product (Tinted Moisturizer, SPF Foundation, SPF BB Cream, SPF Primers, SPF Spray, SPF Lotion, SPF Sunscreen, Others), by Type (Conventional, Organic), by Distribution Channel (Supermarkets & Hypermarkets, Online, Specialty Stores, Others) and Regional Analysis, 2023-2030

Global Sun Care Cosmetics Market is valued at approximately USD 8.51 billion in 2022 and is anticipated to grow with a CAGR of more than 8.30% over the forecast period 2023-2030. Sun care cosmetics are specially formulated products that protect the skin from the harmful effects of the sun's UV radiation. They include sunscreen lotions, creams, and sprays that block or absorb UV rays, preventing sunburn, skin damage, and premature aging. These cosmetics are essential for maintaining healthy skin in the sun. Moreover, rising skin diseases and the growing beauty & personal care market are anticipated to be the growth drivers of this market. Furthermore, growing demand for natural & organic products and rising disposable income fuel the market during the forecasted year 2023-2030.

According to World Cancer Research Fund International (WCRF) in 2020, Melanoma of the skin is recognized as the 17th most prevalent form of cancer worldwide. It is categorized into two primary types: melanoma and non-melanoma, with basal cell carcinoma and squamous cell carcinoma being the most commonly occurring non-melanoma tumors. In terms of gender-specific prevalence, melanoma of the skin ranks as the 13th most common cancer in men and the 15th most common cancer in women. In 2020, there were approximately 324,635 reported cases of melanoma of the skin globally, with over 150,000 of them being new cases. Australia exhibited the highest overall rate of melanoma, with around 16,171 reported cases and an Age-Standardized Rate (ASR) of 36.6 in 2020, followed by New Zealand. According to Statista in 2021, projections for the beauty & personal care market, the skin care segment is anticipated to witness consistent revenue growth from 2023 to 2027. The expected increase in revenue during this period is estimated to be USD 25.9 billion, equivalent to a growth rate of 16.61 percent. By 2027, it is expected that the revenue for the skin care segment may reach approximately USD 181,534.92 million. However, changing consumer preferences and the high price of sun care cosmetics may hamper the growth of the market over the forecast period 2023-2030.

The key regions considered for the Global Sun Care Cosmetics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominates the global sun care cosmetics market due to several key factors. The region's large population, rising disposable income, increasing awareness about sun protection, specific climate conditions, and cultural preferences for fair skin contribute to its prominence. With a significant consumer base, rising disposable income, and a need for sun protection in tropical climates, Asia Pacific stands out as the leading region in the global sun care cosmetics market. Asia Pacific is the fastest growing region in the global sun care cosmetics market due to factors such as increasing population, rising disposable incomes, growing awareness about sun protection, and the presence of innovative product offerings during the forecasted year 2023-2030.

Major market player included in this report are:
P. Beiersdorf & Co. AG
Johnson & Johnson Services Inc
Coty Inc.
Shiseido Company Limited
L'Oréal S.A.
The Estée Lauder Companies Inc.
Hindustan Unilever Limited
Groupe Clarins
Clorox Chemical Companyd
Naos Group

Recent Developments in the Market:
 In June 2023, Bubble, a skincare brand, expanded its product line by introducing two new sunscreens in the sun care category. The first one, Plus One, is a tinted sunscreen, while the second one, Solar Mate, is an invisible sunscreen. These new additions to Bubble's range are specifically designed to cater to individuals with sensitive and acne-prone skin, aligning with the brand's commitment to creating safer skincare products. With the launch of these mineral SPF 40 sunscreens, Bubble aims to provide effective sun protection while addressing the unique needs of its target audience.
 In May 2023, Christian Dior SE has expanded its luxury sun care range with three new products: a face, self-tanner, body, hair oil, and after-sun balm. Designed to work together, these products offer protection, soothing hydration, and enhanced tanned skin. With this expansion, Dior aims to provide a comprehensive sun care experience for its customers.

Global Sun Care Cosmetics Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Product, Type, Distribution Channel, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Tinted Moisturizers
SPF Foundation
SPF BB Creams
SPF Primers
SPF Spray
SPF Lotion
SPF Sunscreen
Others

By Type:
Conventional
Organic

By Distribution Channel:
Supermarkets & Hypermarkets
Online
Specialty Stores
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
P. Beiersdorf & Co. AG
Johnson & Johnson Services Inc
Coty Inc.
Shiseido Company Limited
L'Oréal S.A.
The Estée Lauder Companies Inc.
Hindustan Unilever Limited
Groupe Clarins
Clorox Chemical Companyd
Naos Group

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