The Sun Care Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sun Care Products Global Market Report 2024, The sun care products market size has grown strongly in recent years. It will grow from $13.82 billion in 2023 to $14.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to awareness of skin cancer, tourism and outdoor activities, scientific advancements, aging population, marketing and promotion.
The sun care products market size is expected to see strong growth in the next few years. It will grow to $19.39 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to rising uv radiation levels, the growth of global travel, skin health awareness, clean beauty and green sunscreens, sun serums. . Major trends in the forecast period include digital and uv monitoring, adaptive spf, plant-derived uv filters, sunscreen packaging innovation, customization and personalization..
The growing demand for organic and natural personal care products is expected to propel the growth of the sun care products market going forward. Organic products do not include harsh chemicals, they are produced using organic ingredients. Due to the various advantages of organic products, the demand for organic sun care products is expected to rise in the market. For instance, in January 2020, according to a survey conducted by BioMed Central, a UK-based scientific journal published, from a survey conducted among 500 individuals, this survey found a significant 80.2% prevalence of using herbal products. Moreover, according to an article published by World Health Organization, a Switzerland-based international organization responsible for public health, according to estimates, traditional medical practices like herbal remedies, acupuncture, yoga, indigenous therapies, and others are used in 88% of all countries. Therefore, the growing demand for organic and natural personal care products is driving the demand for the sun care products market.
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The sun care products market covered in this report is segmented –
1) Sun Care Products Market By Type: Self-Tanning Products, After-Sun Products, Sun Protection Products
2) Sun Care Products Market By Gender: Male, Female, Unisex
3) Sun Care Products Market By Distribution Channel: Hypermarkets or Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels
Top Major Players
Johnson & Johnson Services Inc.
Product innovations have emerged as the key trend gaining popularity in the sun care products market. Major companies operating in the sun care products market are focused on developing new and innovative products to strengthen their market position. For instance, in January 2021, Shiseido Company Limited, a Japan-based cosmetic company, launched ANESSA, a brightening UV sunscreen gel. It consists of titanium dioxide and zinc oxide, providing optimum protection according to the brand’s unique Smooth Protect Technology. When the applied sunscreen is warmed by heat, such as from the sun, the Smooth Protect Technology boosts the effect of UV protection by spreading the UV protection ingredient uniformly in a film coating. The thinner composition combats the dreaded white or purple cast, leaving a silky-smooth finish that is nearly unnoticeable on the skin. The smooth protection technology is the latest in a line of innovative sun protection technologies developed by Shiseido.
The sun care products market report table of contents includes:
1. Executive Summary
2. Sun Care Products Market Characteristics
3. Sun Care Products Market Trends And Strategies
4. Sun Care Products Market – Macro Economic Scenario
5. Global Sun Care Products Market Size and Growth
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31. Global Sun Care Products Market Competitive Benchmarking
32. Global Sun Care Products Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Sun Care Products Market
34. Sun Care Products Market Future Outlook and Potential Analysis
35. Appendix
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