Suncare in India
Summary
Suncare in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The suncare market consists of the retail sale of sun protection, after-sun and self-tan products. The sun protection segment consists of lotion, spray, gel or other topical product that absorbs or reflects some of the sun's ultraviolet (UV) radiation. The after-sun segment consists of all mass and premium moisturizing cream formulated for sunburned skin. The self-tan segment consists of all mass and premium products that either enhance natural tanning (tanning aids) or allow the skin to tan without developing exposure to the sun. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The Indian Suncare market had total revenues of $86.1 million in 2023, representing a compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 0.9% between 2018 and 2023, to reach a total of 23.4 million units in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.7% for the five-year period 2023-28, which is expected to drive the market to a value of $113.8 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the suncare market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the suncare market in India
- Leading company profiles reveal details of key suncare market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India suncare market with five year forecasts
- What was the size of the India suncare market by value in 2023?
- What will be the size of the India suncare market in 2028?
- What factors are affecting the strength of competition in the India suncare market?
- How has the market performed over the last five years?
- What are the main segments that make up India's suncare market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Indian suncare market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-23)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the India suncare market?
- 8 Company Profiles
- 8.1. Hindustan Unilever Limited
- 8.2. L'Oreal SA
- 8.3. Lotus Herbals Pvt Ltd
- 8.4. The Himalaya Drug Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India suncare market value: $ million, 2018-23
- Table 2: India suncare market volume: million units, 2018-23
- Table 3: India suncare market category segmentation: % share, by value, 2018-2023
- Table 4: India suncare market category segmentation: $ million, 2018-2023
- Table 5: India suncare market geography segmentation: $ million, 2023
- Table 6: India suncare market distribution: % share, by value, 2023
- Table 7: India suncare market value forecast: $ million, 2023-28
- Table 8: India suncare market volume forecast: million units, 2023-28
- Table 9: India suncare market share: % share, by value, 2023
- Table 10: Hindustan Unilever Limited: key facts
- Table 11: Hindustan Unilever Limited: Annual Financial Ratios
- Table 12: Hindustan Unilever Limited: Key Employees
- Table 13: Hindustan Unilever Limited: Key Employees Continued
- Table 14: L'Oreal SA: key facts
- Table 15: L'Oreal SA: Annual Financial Ratios
- Table 16: L'Oreal SA: Key Employees
- Table 17: L'Oreal SA: Key Employees Continued
- Table 18: Lotus Herbals Pvt Ltd: key facts
- Table 19: Lotus Herbals Pvt Ltd: Key Employees
- Table 20: The Himalaya Drug Company: key facts
- Table 21: India size of population (million), 2019-23
- Table 22: India real gdp (constant 2010 prices, $ billion), 2019-23
- Table 23: India gdp (current prices, $ billion), 2019-23
- Table 24: India inflation, 2019-23
- Table 25: India consumer price index (absolute), 2019-23
- Table 26: India exchange rate, 2018-23
- List of Figures
- Figure 1: India suncare market value: $ million, 2018-23
- Figure 2: India suncare market volume: million units, 2018-23
- Figure 3: India suncare market category segmentation: $ million, 2018-2023
- Figure 4: India suncare market geography segmentation: % share, by value, 2023
- Figure 5: India suncare market distribution: % share, by value, 2023
- Figure 6: India suncare market value forecast: $ million, 2023-28
- Figure 7: India suncare market volume forecast: million units, 2023-28
- Figure 8: Forces driving competition in the suncare market in India, 2023
- Figure 9: Drivers of buyer power in the suncare market in India, 2023
- Figure 10: Drivers of supplier power in the suncare market in India, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the suncare market in India, 2023
- Figure 12: Factors influencing the threat of substitutes in the suncare market in India, 2023
- Figure 13: Drivers of degree of rivalry in the suncare market in India, 2023
- Figure 14: India suncare market share: % share, by value, 2023
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