Overview and Scope
Sun care products refer to sunscreen products that come in a variety of formats, including creams, lotions, lip balms, hair tonics, and gels. Some or all of the sun’s rays are absorbed, reflected, or scattered by the active components. Sun care products are used to protect the skin from the sun’s harmful UV radiation.
Sizing and Forecast
The sun care products market size has grown strongly in recent years. It will grow from <b>$13.82 billion in 2023 to $14.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. </b> 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 <b>$19.39 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. </b> 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.
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Segmentation & Regional Insights
The sun care products market covered in this report is segmented –
1) By Type: Self-Tanning Products, After-Sun Products, Sun Protection Products
2) By Gender: Male, Female, Unisex
3) By Distribution Channel: Hypermarkets or Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels
<b>Europe</b> was the largest region in the sun care products market share in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the sun care products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the sun care products market include <b> L’Oreal SA, Johnson & Johnson Services Inc., Procter & Gamble Co., Beiersdorf AG, Coty Inc., Shiseido Company Ltd., Estee Lauder Companies Inc., Bioderma Laboratories, Burt’s Bees Inc., Unilever plc, Kao Corp, Bayer AG, Walgreens Boots Alliance Inc., Weleda AG, Mary Kay Inc., Amorepacific Corp, Natura & Co Holding SA, Edgewell Personal Care Co., Avon Products Inc., Revlon Inc., Oriflame Cosmetics AG, Groupe Clarins, La Roche-Posay, Vichy Laboratories, Coppertone, Hawaiian Tropic, Banana Boat Ltd., Sun Bum LLC, Supergoop!, Coola Suncare </b>
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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26. South America Sun Care Products Market
27. Brazil Sun Care Products Market
28. Middle East Sun Care Products Market
29. Africa Sun Care Products Market
30. Sun Care Products Market Competitive Landscape And Company Profiles
Top Major Players:
- L’Oréal SA
- Johnson & Johnson Services Inc
- Procter & Gamble Co
- Beiersdorf AG
- Coty Inc
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