Global Sun Care Products Market Insights Forecasts to 2033.

• The Global Sun Care Products Market Size was Valued at USD 14.10 Billion in 2023
• The Market Size is Growing at a CAGR of 3.81% from 2023 to 2033
• The Worldwide Sun Care Products Market Size is Expected to Reach USD 20.50 Billion by 2033
• Asia-Pacific Market is expected to grow the fastest during the forecast period

The Global Sun Care Products Market Size is anticipated to exceed USD 20.50 Billion by 2033, Growing at a CAGR of 3.81% from 2023 to 2033.  

Market Overview

Sun care products also known to be ultraviolet filters or photoprotectants are commonly used cosmetic formulations that are applied onto the skin surface to protect it from the harmful effects of ultraviolet (UV) light coming from sun rays, and protection against skin aging, tanning, and melanomas. There is a rising usage of such products due to increasing cases of UV-induced melanomas. According to Cancer Research USA, 8 out of 10 cases of melanoma could be prevented through an understanding of the harmful effects of sunlight and how to protect oneself from the harmful rays. Sun care products contain photo-protector formulas that are responsible for the interfering incidence of solar radiation on the skin surface by the mechanism of absorption, reflection, or dispersion of energy. Titanium dioxide, zinc oxide, avobenzone, benzophenone, octocrylene, and oxybenzone are some of the commonly active ingredients used in sunscreen formulation. The rising awareness regarding the cancer caused by continuous exposure to the sun increases the demand for sunscreens to protect the skin from harmful UV rays. There is an increasing development in the formulation of sun care products to fulfill the requirements of safety, quality, efficacy, and consumer acceptance. The introduction of multi-functional sun protection properties including anti-aging and prevention against wrinkles bolster the market growth.

Report Coverage

This research report categorizes the market for the global sun care products market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global sun care products market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global sun care products market.

Driving Factors

The rising prevalence of skin cancers like melanoma and increasing awareness about the need for sun care products to protect against risk factors associated with sun exposure like sunburn and skin aging are driving the demand for sun protection products. The advancement in technology led to the development of effective and innovative sun care products. There is an increasing demand for natural and organic products that are free from harmful chemicals and environmentally friendly. The multi-functional skin care products having additional features of skin whitening and moisturizing effects are highly demandable by the women population. Changing consumer preference towards the SPF+ benefits is likely to drive the sun care product market.

Restraining Factors

Ingredients like oxybenzone or octinoxate present in formulated sun care products found to be hazardous to the environment, limiting the market expansion. Thus, strict product formulation rules are expected to limit the sun care product market growth. Further, seasonal product requirements of the products affecting the market.

Market Segmentation

The Global Sun Care Products Market share is classified into product type, form, SPF, and distribution channel.

• The tanning segment is expected to hold the largest share of the global sun care products market during the forecast period.   

Based on the product type, the global sun care products market is divided into sun protection, after-sun, and tanning. Among these, the tanning segment is expected to hold the largest share of the global sun care products market during the forecast period. The rising consumer awareness for maintaining healthy skin for a long period. Reduced excessive sun exposure led to rising market demand for tanning products. These products limit widespread exposure to UVB and UVA. The introduction of additional benefits of self-tanning products and natural ingredients has increased the market demand of sun care products.

• The lotion segment is expected to grow at the fastest pace in the global sun care products market during the forecast period.    

Based on the form, the global sun care products market is divided into lotion, spray, stick, and others. Among these, the lotion segment is expected to grow at the fastest pace in the global sun care products market during the forecast period. The lotion is the traditional form of cosmetic containing a combination of physical sunscreen and chemical sunscreen that functions to protect against UVB and UVA rays. 

• The 0-29 segment is expected to grow at the greatest pace in the global Sun Care Products market during the forecast period.

Based on the SPF, the global sun care products market is divided into 0-29, 30-50, and >50. Among these, the 0-29 segment is expected to grow at the greatest pace in the global sun care products market during the forecast period. Consumers prefer to use lower SPF products as these SPF ranges are enough for daily sun exposure on the skin as reported by the National Cancer Institute. Several sun care products are available with non-SPF or zero SPF variants. 

• The hypermarkets & supermarkets segment is expected to grow at the greatest pace in the global sun care products market during the forecast period.

Based on the distribution channel, the global sun care products market is divided into hypermarkets & supermarkets, pharmacy stores, online channels, and others. Among these, the hypermarkets & supermarkets segment is expected to grow at the greatest pace in the global sun care products market during the forecast period. Consumers prefer to purchase all the necessary personal care and cosmetic products in one place. The greater variety of products are available with available benefits such as discounts.

Regional Segment Analysis of the Global Sun Care Products Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the global sun care products market over the predicted timeframe.

Europe is anticipated to hold the largest share of the global sun care products market over the predicted timeframe. Belgium, Hungary, France, Netherlands, Norway, and Slovenia are some of the European countries that have the second highest prevalence rate of cancer as per a 2020 survey by the World Cancer Research Fund. Thus, increasing the requirement of sun-protection measures to reduce the occurrence of skin cancer caused by sun exposure resulted in uplifting market growth in the region.

Asia-Pacific is expected to grow at the fastest pace in the global sun care products market during the forecast period. Tropical as well as subtropical countries in the Asia-Pacific region have significant sun exposure and thus have market demand for sun care products in the region. The rising popularity of sunbathing activity in beachside tourism is likely to expand the market. As per data presented by Hospitality Net Organisation, it was found that Southeast Asia welcomed more than 580,000 international visitors, 102% up over the previous year. Thus, rising tourism in the Asia-Pacific region likely to drive the sun care product market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global sun care products along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Amway Corporation
• Revlon, Inc.
• Johnson & Johnson Services Inc.
• Estee Lauder Companies, Inv.
• L’Oreal Group
• The Procter & Gamble Company
• Unilever
• Clinique Laboratories, Inc.
• Avon Products Inc.
• Shiseido Co. Ltd.
• Lotus Herbals Pvt. Ltd.
• Beiersdorf AG
• Natura & Co.
• Kao Corporation
• Coty Inc.
• Groupe Clarins
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In June 2023, Sun-sational launched Round A’Round targets Japan suncare market with sun stick products.

• In June 2022, POPXO expanded its product portfolio in the beauty and personal care segment with the launch of the Suncare range.

• In May 2020, Ergodyne announced its new Krew’d sunscreen brand. KREW’D is an SPF 50, broad-spectrum (UVA/UVB), water-resistant sport sunscreen.   

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Sun Care Products Market based on the below-mentioned segments:

Global Sun Care Products Market, By Product Type

• Sun-protection
• After-sun
• Tanning

Global Sun Care Products Market, By Form

• Lotion
• Spray
• Stick
• Others

Global Sun Care Products Market, By SPF

• 0-29
• 30-50
• >50

Global Sun Care Products Market, By Distribution Channel

• Hypermarkets & Supermarkets
• Pharmacy Stores
• Online Channels
• Others

Global Sun Care Products Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa