Sun Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Sun Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global sun care products market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.

Sun care products are used on the skin for protection against harmful ultraviolet (UVA and UVB) rays. They counter the damaging effects of continuous sun exposure such as early signs of aging, tanning, sunburn, wrinkles, fine lines and pigmentation. These products are made by using ingredients, such as benzophenone and avobenzone, that create a barrier and prevent the UV rays from harming the skin. The efficiency of a sun care product depends upon its Sun Protection Factor (SPF), a scientific measure that correlates to how long the user can stay in the sun without sustaining any serious damage to the skin.

The frequent occurrence of melanoma and non-melanoma skin cancer caused by exposure to UV radiations is the key factor driving the market. In addition to this, various sun care products also incorporate elements which cater to other related skin care issues such as the signs of aging. An indomitable urge to retain youthfulness among the masses has inclined them toward products which boast of an overall replenishment of the skin cells by providing anti-aging as well as sun protection solutions. Moreover, the incorporation of organic and natural ingredients in these products is increasing as these ingredients are eco-friendly and have no side-effects. Also, the launch of value-added products with benefits such as diversified fragrances, rapid-drying effects, and glitter and matte-finish is also attracting consumers. Other factors contributing to the market growth include easy accessibility and wide distribution through online retailers and multi-brand stores, rising disposable income and awareness about the benefits of these products, along with aggressive promotional activities by several leading manufacturers.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sun care products market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, product form, gender and distribution channel.

Breakup by Product Type:

Sun Protection Products 
After-Sun Products
Self-Tanning Products

Breakup by Product Form:

Cream
Gel
Lotion
Wipes
Spray
Others

Breakup by Gender:

Female
Male
Unisex

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialty Retailers
Pharmacies and Drug Stores
Online Stores
Others

Breakup by Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Johnson & Johnson, L’Oreal, Revlon, Unilever, Shiseido, Estee Lauder, Beiersdorf, Avon Products, Clarins Group, Proctor & Gamble, Coty, Lotus Herbals, Amway, Edgewell Personal Care, etc.

Key Questions Answered in This Report:

What was the size of the global sun care products market in 2022?

What is the expected growth rate of the global sun care products market during 2023-2028?

What has been the impact of COVID-19 on the global sun care products market?

What are the key factors driving the global sun care products market?

What is the breakup of the global sun care products market based on the product type?

What is the breakup of the global sun care products market based on the product form?

What is the breakup of the global sun care products market based on the gender?

What is the breakup of the global sun care products market based on the distribution channel?

What are the key regions in the global sun care products market?

Who are the key players/companies in the global sun care products market?