Sun Care Products Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Sun Care Products Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Sun Care Products Market

The global sun care products market size was valued at USD 4.40 billion in 2023 and is projected to grow from USD 14.90 billion in 2024 to USD 22.28 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period of 2024-2032.

COVID-19 has also negatively influenced the global sun care products market. Since people are now going out often, the use of body products that protect skin has been taken a notch higher since people now dedicate their time out there. This has led to an increased consumption rate of such items as sunscreens, after-sun creams, and lip products, affecting sun care products market growth.

Several factors are currently influencing the sun care products market, and the most important of them are the rising incidence of skin cancer and the significance of using products with UV protection, the increased number of outdoor activities and recreational sports, and the culture of self-care and well-being.

The popularity of broad-spectrum products also increases as people become more concerned about protecting their skin from UVA and UVB radiation. Consequently, there has been a steady increase in consumers’ desire to purchase products with more than SPF 30 and label declarations of broad-spectrum protection, impeding a global rise in sun care products market share. This shift results from consumers’ wishes to be guarded against skin damage, aging, and cancer. Protection is a basic need that has been drummed into the hearts of consumers, making them look for a product that will provide extra protection, thus buying sunscreens.

Comprehensive Analysis of Sun Care Products Market

Segmentation of the sun care products Industry is done based on product type, form, SPF & distribution channel. Thus, the sun-protection segment is still leading due to the application requirement for consecutive protection throughout the day. To elaborate, the lotion/cream segment is the largest market in form, followed by the spray category and stick/roll-on forms. The first 0-29 SPF segment is the most popular mainly because of their affordability and versatility. Regarding distribution channels, the figures reveal that hypermarkets/supermarkets are the most preferred segment, the second being the pharmacies, and the third is the online segment, with other segments constituting the slightest share. The year 2020 showed the online segment growing because of the COVID-19 pandemic, which resulted in the preference for online shopping. The market is also stimulated by the rising concern about the negative impacts of indoor tanning and the continued need for tanning sunscreen.

The European region led the sun care products market by benefitting a size of USD 4.38 billion in 2023 due to the use of sun care products more during holidays and the summer.

The sun care products market is driven by emerging economies, including China and India, with a growing demand for sun care products. The leading sun care products market players significantly influence its growth trajectory and set industry standards. These key players include The Edgewell Personal Care Company (U.S.), L’Oréal S.A. (France), Shiseido Co. Ltd. (Japan), Beiersdorf AG (Germany), Johnson & Johnson Services Inc. (U.S.), and Unilever Plc. (U.K.), The Procter & Gamble Company (U.S.), Natura & Co. (Brazil), The Estee Lauder Companies Inc. (U.S.), and Kao Corporation (Japan) contribute to a competitive landscape, driving innovation and market advancement in the sun care products market.

In June 2022, an attempt made by POPxo, an Indian start-up company was, to take its product up a notch by launching its new Sun care range under the “ekdoteenapplysunscreen” campaign in India, which caters to the increasing market demand for sun care range.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.16% during 2024-2032

Unit Value (USD Billion)

Segmentation By Product Type

Sun-protection

After-sun

Tanning

By Form

Lotion

Spray

Stick

Others

By SPF
0-29
30-50

>50

By Distribution Channel

Hypermarkets & Supermarkets

Pharmacy Stores

Online Channels

Others

By Region

North America (By Product Type, Form, SPF, Distribution Channel, and by Country)

- U.S. (By Product Type)

- Canada (By Product Type)

- Mexico (By Product Type)

Europe (By Product Type, Form, SPF, Distribution Channel, and by Country)

- Germany (By Product Type)

- France (By Product Type)

- Italy (By Product Type)

- Spain (By Product Type)

- U.K. (By Product Type)

- Rest of Europe (By Product Type)

Asia Pacific (By Product Type, Form, SPF, Distribution Channel, and by Country)

- China (By Product Type)

- India (By Product Type)

- Japan (By Product Type)

- Australia (By Product Type)

- Rest of Asia Pacific (By Product Type)

South America (By Product Type, Form, SPF, Distribution Channel, and by Country)

- Brazil (By Product Type)

- Argentina (By Product Type)

- Rest of South America (By Product Type)

Middle East and Africa (By Product Type, Form, SPF, Distribution Channel, and by Country)

- South Africa (By Product Type)

- UAE (By Product Type)

- Rest of the Middle East and Africa (By Product Type)


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