Sun Care Products Market: Global Industry Analysis and Forecast (2022-2029)

Sun Care Products Market Size in 2022 was worth US $ 11.57 Bn. at a CAGR 4% and it is expected to reach US $ 15.22 Bn. in 2029.

Sun Care Products Market Overview:

The Sun Care Products Market Size in 2022 was worth the US $ 11.57 Bn. The market's growth is being fueled by rising concerns about skin protection from the sun's harmful rays, as well as increased awareness about skin cancer. Sales of sun care goods have decreased as a result of the COVID-19 pandemic, as customers have shifted to a work-from-home lifestyle. As a result of this aspect, consumers around the world restricted their travel for leisure, recreational activities, and sporting events in 2020, resulting in lower consumer consumption.Sun Care Products MarketTo know about the Research Methodology :- Request Free Sample Report

COVID-19 impact on the global Sun Care Products Market:

Due to various government-imposed measures meant to prevent the spread of the COVID-19, it has altered customers' spending habits and purchase selections, resulting in a modest drop in market growth. As a result of this aspect, consumers around the world curtailed their travel for leisure, recreational activities, and sporting events in 2021, resulting in lower consumer purchases of sun care goods.

Sun Care Products Market Dynamics:

The market for sun care products is expected to be driven by rising demand for organic and natural personal care products as a result of rising health concerns over the projected period. These are usually sourced from plants and ensure that the skin receives the maximum benefit from the product's natural ingredients. The rising global awareness of skin cancer and other skin illnesses has boosted demand for sun care products, which is likely to continue to rise throughout the forecast period. Furthermore, due to their multi-functional sun protection properties as well as wrinkle prevention, these products are gaining appeal among customers. People are becoming more aware of the significance of protecting their skin from harmful UV rays, which is fuelling the rapid growth of the global sun care market. As government health officials try to restrict the rising number of cases of UV-induced melanomas, the use of such products continues to rise. In recent years, there has been an upsurge in sports participation, particularly in outdoor games. The massive response to outbound tourism is a recent trend that is spreading across Europe. The growing popularity of beach volleyball has also aided the market's growth. Males make up 57 % of all beach volleyball players, with 27 % of them being between the ages of 25 and 34. Outdoor leisure activities are expected to cost more than 600 billion dollars in the United States each year. Consumers in Western countries prefer to use sun care creams when they go outside, especially on the beach. As a result, increased engagement in outdoor recreational activities has contributed to an increase in sun care product sales.

Sun Care Products Market Segment Analysis:

Based on product type, the adult cream segment held largest market share of xx% in 2022. Adult lotion protects the skin from sunburn and early signs of ageing, such as wrinkles and leathery skin. These products have grown fairly popular among adults due to multi-purpose benefits like protection against a high risk of skin cancer, skin discoloration, and irritation. The need for natural and organic elements is growing, which is projected to drive adult use of after-sun care products. Adults like physical products that contain mineral-based ingredients like titanium dioxide and zinc oxide. Furthermore, the fake tan/self-tan segment is expected to increase at the quickest rate over the forecast period, with a CAGR of 4.7 % from 2022 to 2029. The market for sun care products is being driven by a growing trend of everyday alternatives to sunbathing that do not expose skin to damaging ultraviolet (UV) radiation. Lotions, creams, and sprays are the most prevalent types of sunless tanning products.

Sun Care Products Market Regional Insights:

The Europe held largest market share of 35.1% in 2022. Consumer knowledge of the negative consequences of prolonged sun exposure on the skin has boosted product demand throughout the region. Additionally, a growing range of products that provide additional benefits such as dark spot elimination and anti-aging have driven product demand. The Asia Pacific is the second dominant region and it held xx% of the share in 2022. The growth of the chemical industry in India and China is a major factor driving the Asia Pacific market growth. This is anticipated to provide skin care product makers with uninterrupted raw material access, which is expected to be a positive aspect for manufacturers in the Asia Pacific over the forecast period. The Asia Pacific market is expected to benefit from rising demand from emerging nations such as China and India, as a result of an increase in the number of new product launches and rising concerns about the negative effects of UV radiation and skin disorders.

Sun Care Products Market Recent development:

• Cetaphil will introduce its all-new Sun Range in November 2020. Cetaphil Sun SPF 50+ Light Gel (50 ml) and Cetaphil Sun SPF 30+ Light Gel (50 ml) are included in the set (100 ml). • CTZ announced the launch of CTZ Sport SPF 45 in February 2020. The abbreviation CTZ stands for "Contains Only Titanium and Zinc." CTZ Sport SPF 45 is aimed towards a wide range of consumers, from outdoor enthusiasts to serious athletes. The line is chemical-free and works by reflecting damaging UVA-UVB rays away from the skin before they can penetrate it. The objective of the report is to present a comprehensive analysis of the global Sun Care Products market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Sun Care Products market dynamics, structure by analyzing the market segments and projects the global Sun Care Products market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Sun Care Products market make the report investor’s guide.

Sun Care Products Market Scope: Inquire before buying

Sun Care Products Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 11.57 Bn.
Forecast Period 2023 to 2029 CAGR: 4% Market Size in 2029: US $ 15.22 Bn.
Segments Covered: by Product Type • Adult Sun Cream • Baby Sun Cream • After Sun • Fake Tan/Self Tan • Tanning
by Distribution channel • Hypermarket & supermarket • Pharmacy & drug store • Specialty store • Online • Others

Sun Care Products Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Sun Care Products Market Key Players

• Beiersdorf AG • Groupe Clarins • Johnson & Johnson • Coty Inc. • Shiseido Co. Ltd. • L'oreal • Burt's Bees • Bioderma Laboratories • Unilever • Procter & Gamble • Kao Corp. • Avon Products, Inc. • Christian Dior SE • Estee Lauder • Shiseido Company Frequently Asked Questions: 1. Which region has the largest share in Global Sun Care Products Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Sun Care Products Market? Ans: The Global Sun Care Products Market is growing at a CAGR of 4% during forecasting period 2023-2029. 3. What is scope of the Global Sun Care Products Market report? Ans: Global Sun Care Products Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Sun Care Products Market? Ans: The important key players in the Global Sun Care Products Market are – Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd., L'oreal, Burt's Bees, Bioderma Laboratories, Unilever, Procter & Gamble, Kao Corp., Avon Products, Inc., Christian Dior SE, Estee Lauder, Shiseido Company, and 5. What is the study period of this Market? Ans: The Global Sun Care Products Market is studied from 2022 to 2029.
1. Sun Care Products Market: Research Methodology 2. Sun Care Products Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Sun Care Products Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Sun Care Products Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Sun Care Products Market Segmentation 4.1. Sun Care Products Market, by Product Type (2022-2029) • Adult Sun Cream • Baby Sun Cream • After Sun • Fake Tan/Self Tan • Tanning 4.2. Sun Care Products Market, by Distribution channel (2022-2029) • Hypermarket & supermarket • Pharmacy & drug store • Specialty store • Online • Others 5. North America Sun Care Products Market(2022-2029) 5.1. Sun Care Products Market, by Product Type (2022-2029) • Adult Sun Cream • Baby Sun Cream • After Sun • Fake Tan/Self Tan • Tanning 5.2. Sun Care Products Market, by Distribution channel (2022-2029) • Hypermarket & supermarket • Pharmacy & drug store • Specialty store • Online • Others 5.3. North America Sun Care Products Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Sun Care Products Market (2022-2029) 6.1. European Sun Care Products Market, by Product Type (2022-2029) 6.2. European Sun Care Products Market, by Distribution channel (2022-2029) 6.3. European Sun Care Products Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Sun Care Products Market (2022-2029) 7.1. Asia Pacific Sun Care Products Market, by Product Type (2022-2029) 7.2. Asia Pacific Sun Care Products Market, by Distribution channel (2022-2029) 7.3. Asia Pacific Sun Care Products Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Sun Care Products Market (2022-2029) 8.1. Middle East and Africa Sun Care Products Market, by Product Type (2022-2029) 8.2. Middle East and Africa Sun Care Products Market, by Distribution channel (2022-2029) 8.3. Middle East and Africa Sun Care Products Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Sun Care Products Market (2022-2029) 9.1. Latin America Sun Care Products Market, by Product Type (2022-2029) 9.2. Latin America Sun Care Products Market, by Distribution channel (2022-2029) 9.3. Latin America Sun Care Products Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Beiersdorf AG 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Groupe Clarins 10.3. Johnson & Johnson 10.4. Coty Inc. 10.5. Shiseido Co. Ltd. 10.6. L'oreal 10.7. Burt's Bees 10.8. Bioderma Laboratories 10.9. Unilever 10.10. Procter & Gamble 10.11. Kao Corp. 10.12. Avon Products, Inc. 10.13. Christian Dior SE 10.14. Estee Lauder 10.15. Shiseido Company
  • INQUIRE BEFORE BUYING