Econ Market Research
Sun Care Market

Sun Care Market Size, Share, Trends, Growth, and Industry Analysis, By Product Type (Sunscreen, After-Sun Products, Tanning Products), By SPF Level (Low SPF, Medium SPF, High SPF, Very High SPF), By End User (Men, Women, Children), By Distribution Channel (Online Retail, Offline Retail - Supermarkets/Hypermarkets, Specialty Stores, Drug Stores/Pharmacies, Department Stores), Regional Analysis and Forecast 2032.

Consumer Goods & ServicesPublished: Oct 29, 2024Report ID: EMR001042Pages: 252

Global Sun Care Market size was USD 13.72 billion in 2023 and the market is projected to touch USD 24.93 billion by 2032, at a CAGR of 7.75% during the forecast period.

Sun Care consists of sunscreens, after-sun care, and tanning products that make life under the sun safe while having enjoyable outdoor activities. As more and more people are exposed to knowledge regarding the seriousness of UV rays, consumer demand for sun care continues to increase in various regions.

The sun care market is growing fast, due to increases in rates of skin cancer and changes in lifestyles along with increased leisure activities under the sun. Consumers have become aware about sun protection and therefore require effective high-quality products. Innovations in formulation, such as water-resistance and broad-spectrum sunscreens, will attract the attention of consumers looking for reliable protection. In addition, the demand for natural and organic ingredients drives the development of products because most consumers need safer and environmentally friendly alte atives.

Sun Care Report Scope and Segmentation

Report Attribute

Details

Estimated Market Value (2023)

USD 13.72 Billion

Projected Market Value (2032)

USD 24.93 Billion

Base Year

2023

Historical Year

2018-2022

Forecast Years

2024 &ndash, 2032

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Product Type, By SPF Level, By End User, By Distribution Channel, &, Region.

Segments Covered

By Product Type, By SPF Level, By End User, By Distribution Channel, &, By Region.

Forecast Units

Value (USD Million or Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2024 to 2032.

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East &, Africa.

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others.

Report Coverage

Market growth drivers, restraints, opportunities, Porter&rsquo,s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

Dynamic Insights

One of the most critical factors is the increasing knowledge regarding the importance of skin care and the dangers posed by UV radiation. Since increased knowledge of the hazards due to exposure to sunlight-the danger of skin cancer, early aging, among others-will continue, growing consumer acceptance of sun protection products-including, foremost, sunscreens and after-sun care items-includes these. Further, increased lifestyles of being more outdoor, traveling extensively, and engaging in other recreations outside also augment use.

One is that there has been an inclination towards naturals and organic products. Consumers seek the formulation with safe, environmentally friendly ingredients, compelling companies to create products which respond to their preferences. In addition, social media, and most importantly influencer marketing has become very popular in recent times to make consumer choice. In the case of skincare, customers rely mostly on word of mouth to make purchases. The regulatory environment is constantly evolving, hence, sun care products were found to be under stricter safety and labeling regulations.

Drivers Insights

  • Increased Awareness of Skin Health

The growing awareness regarding skin health and the harmful effects of UV exposure significantly drive the global sun care market. Educational campaigns relating to the risks associated with sunbu , skin aging, and skin cancer led consumers to prioritize sun protection. More people are now aware of the long-term consequences of unprotected sun exposure and are actively looking for effective sun care products, such as broad-spectrum sunscreens and after-sun lotions. It has created a burgeoning market, particularly among the more youthful consumers who know that proper skincare is almost as essential as brushing their teeth every day.

  • Rising Outdoor Activities and Travel

The increasing popularity of outdoor activities, such as hiking, swimming, and beach vacations, has fuelled demand for sun care products. As people engage more in recreational activities, especially during warmer months, the need for sun protection becomes crucial. This trend is further amplified by the growing tourism industry, where individuals are more likely to be exposed to sunlight in various locations. As a result, brands are expanding their product lines to include portable and convenient sun care options, catering to on-the-go consumers who seek protection while enjoying outdoor experiences.

Restraints Insights

  • Regulatory Challenges

The sun care market has faced various regulatory barriers, and some are quite specifically safety and labeling in nature. Like almost any other consumer product these days, many countries have been tightening regulations about some of the active ingredients that are put into sun care products, which can be quite difficult to formulate for certain companies.

Long testing, approval, and certification can also add a lot at the point of manufacturing, which does not help much. The regulation standards may differ from place to place, thus making it a rather daunting task to deal with variations in regulatory standards across different regions that will not easily allow them to venture into new markets.

  • Consumer Skepticism

Despite growing awareness, some consumers remain skeptical about the effectiveness of sun care products. Conce s about misleading marketing claims or potential side effects can deter individuals from investing in these products. This skepticism is often exacerbated by negative media coverage related to certain ingredients or product failures. As a result, companies must work harder to build trust and transparency with consumers, which can be a challenge in an increasingly competitive market.

Opportunities Insights

  • Innovation in Product Formulation

The sun care market offers significant opportunities for innovation in product formulation. Brands can explore new technologies and ingredients that enhance the effectiveness and sensory experience of sun care products. For instance, incorporating natural and organic ingredients can attract health-conscious consumers, while advancements in water-resistant and sweat-proof formulations can appeal to active individuals. Additionally, the development of multifunctional products that combine sun protection with skincare benefits, such as anti-aging or moisturizing properties, can help brands differentiate themselves in a crowded market.

Segment Analysis

  • By Product Type

The sun care market can be broadly divided into three main categories, namely, product type. These are divided into three categories: sunscreen, after-sun products, and tanning products. Of these, the sunscreen category is leading due to the necessity of such products to protect the skin from damaging UV rays. These formulations come in different forms: lotions, creams, gels, and sprays to meet the diverse preferences of the consumers and skin types. For instance, after-sun products, such as soothing gels and moisturizers, soothe the irritation that the sun may cause to the skin while promoting healing. Tanning products range from bronzers to self-tanners and are among the most favourite products of those looking for a sun-kissed look without the hazards of UV exposure.

  • By SPF Level

Another important segment in the sun care market is the level of SPF, that is, low, medium, high, and very high SPF products. Low SPF products usually have a low level of protection and are ideal for persons with darker skin tones or for people who have a controlled exposure to sunlight.

The middle range SPF products are appropriate for general usage, while the high and very high range of SPF products is suitable for those who spend hours under the sun or for sensitive skin. Increasing awareness of the need for adequate sun protection has increased demand for high and very high SPF products among health-conscious consumers.

  • By End User

The sun care market is also segmented by end user into men, women, and children. Traditionally, women have been the primary consumers of sun care products, often prioritizing skin health and beauty. However, there has been a noticeable shift as more men are becoming aware of the importance of sun protection, leading to a growing demand for male-specific sun care products.

Brands are increasingly developing formulations tailored to men',s skin types and preferences, including lighter textures and masculine fragrances. Additionally, products for children are gaining traction, as parents are becoming more vigilant about protecting their children',s delicate skin from harmful UV rays.

  • By Distribution Channel

Sun care products have classification in distribution channels as online and offline retail. In fact, online retailing has gained phenomenal growth as consumers prefer doing shopping directly from their home. E-commerce portals have a rich collection of products, consumer reviews, and best prices that appeal to the tech savvy customer segment.

Offline retail remains significant, with supermarkets, hypermarkets, specialty stores, drugstores, pharmacies, and department stores acting as the core selling points. It allows customers to touch, feel, and see products, consult the staff, and enjoy promotions and offers.

Regional Analysis

North American market accounts for a large share. Consumers are highly focused on skincare and health awareness. The U.S. is the innovation leader and is developing more products, while there are many sunscreen products available, often supported by strong marketing campaigns. The European market is also increasing, particularly in France and Germany, where consumers increasingly adopt sun protection routines.

The growth of natural and organic formulations in Europe can be attributed to the new trend in consumer preferences: safer and more eco-friendly products. ,In contrast, the Asia-Pacific region is emerging to be the growth driver for the market. Japan and South Korea demanded advanced products with high levels of UV exposure and beauty-centric culture with skin health in mind.

Moreover, increase in disposable income and awareness with respect to outdoor activities, among the customers of such developing economies as India &, China, is further motivated towards market growth. Though, Latin America and Middle East &, Africa offer new opportunities for growth since health consciousness regarding skin-related conditions increases rapidly, in such areas, regulatory infrastructure and, educational awareness to customers, might also pose considerable challenges.

Competitive Landscape

Key players that dominate the market heavily are L',Oré,al, Esté,e Lauder Companies, Procter &, Gamble, and Johnson &, Johnson due to the wide and diverse portfolios these firms have, strong networking and distribution, and vast marketing budget. These companies have exploited innovation and research into advanced formula products including broad-spectrum and water-resistant sunscreens that provide a wide scope of appeal. They also engage in strategic partnering, acquisitions, and cooperation to strengthen their presence within the market and enlarge lines of products to better satisfy the changing tastes and preference of consumers.

Emerging brands are also making a mark by focusing on niches, such as natural and organic sun care, which is becoming more in demand among health-conscious consumers. SunBum and Bare Republic have gained substantial traction with green formulations resonating with the environmentally aware. The role of e-commerce has added more dimensions to competition, with new entrants and traditional players directly reaching consumers without a strong need for large-scale physical retail networks. As the market is saturated, brands will increasingly focus on differentiation through unique branding, innovative packaging, and marketing campaigns that appeal to specific niches.

List of Key Players:

  • Burt',s Bees
  • Shiseido Co. Ltd.
  • Johnson &, Johnson
  • Coty Inc.
  • Bioderma Laboratories
  • L',oreal
  • The Estee Lauder Companies Inc.
  • Groupe Clarins
  • Beiersdorf AG
  • Unilever  ,

Recent Developments:

  • In May 2022, L',Oré,al introduced its latest UV filtering technology product, UVMune 400, designed to protect the skin from ultra-UVA radiation.

Global Sun Care Report Segmentation

ATTRIBUTE

 ,  ,  ,  , DETAILS

By Product Type

  • Sunscreen
  • After-Sun Products
  • Tanning Products

By SPF Level

  • Low SPF
  • Medium SPF
  • High SPF
  • Very High SPF

By End User

  • Men
  • Women
  • Children

By Distribution Channel

  • Online Retail
  • Offline Retail
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Drug Stores/Pharmacies
  • Department Stores

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East &, Africa (South Africa, GCC, and Rest of Middle East &, Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

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Report Details

  • Published Date:Oct 29, 2024
  • Format:PDF
  • Language:English
  • Delivery:Instant

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