Sun Care Products Market Size, Share, Growth Analysis, Opportunities, 2032
Market Overview-
According to Fortune Business Insights global Sun Care Products Market size was valued at USD 14.90 billion in 2024. The market is projected to grow from USD 15.47 billion in 2025 to USD 22.28 billion by 2032, exhibiting a CAGR of 5.35% during the forecast period.
The global sun care products market is set to gain traction from the increasing development of innovative devices for measuring sunlight intensity. Manufacturers are doing so to enhance sun-safety habits among people worldwide. This information is given by Fortune Business Insights™ in a new report, titled, “Sun Care Products Market Size, Share & Industry Analysis, By Product Type (Sun-protection, After-sun, and Tanning), Form (Lotion, Spray, Stick, and Others), SPF (0-29, 30-50, and >50), Distribution Channel, and Regional Forecast, 2025-2032.”
List of renowned companies operating in the market for sun care products are as follows:
- Edgewell Personal Care (Shelton, U.S.)
- L’Oreal S.A. (Paris, France)
- Shiseido Company, Limited (Tokyo, Japan)
- Beiersdorf AG (Hamburg, Germany)
- Johnson & Johnson (New Brunswick, U.S.)
- Unilever (London, U.K.)
- Procter & Gamble Co. (Ohio, U.S.)
- Natura & Co. (São Paulo, Brazil)
- The Estee Lauder Co. (New York, U.S.)
- Kao Corp. (Tokyo, Japan)
COVID-19: Focus of Consumers towards Essential Goods to Decline Demand for Products
Owing to the emergence of the COVID-19 pandemic, international and domestic travels are banned across the globe. Ruling bodies have implemented stringent measures, such as lockdown, social distancing, and stay-at-home orders to prevent the transmission of coronavirus. This has further declined the demand for sun care products. Also, people are purchasing essential goods rather than spending money on such products. We are providing extensive analysis of the market so that you can select the right strategy for coming out of this grave situation.
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Drivers & Restraints-
Increasing Awareness Programs about Skin-related Issues to Boost Growth
The increasing prevalence of cancers, skin aging, and sunburn on account of the prolonged exposure to sunlight is a vital factor responsible for the sun care products market growth. According to the ‘Youth Risk Behavior Surveillance,’ in 2017, in the U.S., 78.8% of white surveyed female participants suffered from sunburn the previous year. This is also surging the number of awareness programs to educate the masses about skin-related issues caused by UV rays. However, sun care products exhibit the highest demand only during summer and holiday seasons. In the other seasons, people are less likely to buy these products. This factor may hamper growth in the coming years.
Segment-
Need for Reapplication to Drive Growth of Sun-protection Segment
Based on product type, the sun-protection segment earned 78.81% in terms of sun care products market share in 2019. It would hold the largest share in the near future backed by the rising need to re-apply these products every 2 hours when exposed to sunlight.
Regional Analysis-
Rising Popularity of Sunbathing in Asia Pacific to Propel Growth
Geographically, 2019, Europe generated USD 4.19 billion in terms of revenue. This growth is attributable to the increasing usage of sun care products during the summer season in this region. The British Beauty Council Report 2018 declared that approximately 220 million pounds were contributed to the U.K. GDP by sun care products alone in that very year.
Asia Pacific, on the other hand, is expected to showcase significant growth throughout the forthcoming years because of the rising popularity of sunbathing and surging beachside tourism activities in the region. In addition to that, subtropical conditions in New Zealand & Australia and tropical conditions in Southeast Asia & India would increase the consumption of these products.
To get to know more about this market, please visit:
https://www.fortunebusinessinsights.com/sun-care-products-market-103821
Competitive Landscape-
Key Players Aim to Generate More Sales by Launching Novel Sun Care Products
The market for sun care products is highly fragmented. It is mainly characterized by multi-national and local companies. They are conducting extensive research and development activities to unveil safe products equipped with natural ingredients. Below are two latest industry developments:
- May 2023 – CJ Olive Young Corporation, a South Korean health and beauty products store launched its own Greentea Cica Mild suncare stick products in the Japanese market. The product is available at Plaza, the Japanese lifestyle store.
