The latest report by IMARC Group, titled “Sun Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the sun care products market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global sun care products market size reached US$ 13.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 22.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.
The global market is witnessing significant growth, driven by increasing awareness about the harmful effects of UV radiation and the importance of skin protection. Along with this, the rising incidence of skin cancer and other skin-related disorders due to prolonged sun exposure is prompting consumers to adopt sun care products as a preventive measure.
Additionally, the growing trend of maintaining youthful skin and preventing premature aging is boosting the demand for sun care products, especially those with anti-aging properties. The expansion of the global cosmetics and skincare industry, coupled with increasing disposable incomes and changing lifestyles, is also contributing to market growth. Technological advancements in product formulations, including the incorporation of natural and organic ingredients, are enhancing the efficacy and appeal of sun care products, further driving their adoption. Furthermore, the rise of e-commerce and digital marketing strategies is making these products more accessible to a broader consumer base, thereby supporting market expansion.
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Market Trends:
The global market encompasses a wide range of products, including sunscreens, after-sun lotions, and self-tanning products, catering to diverse consumer needs and preferences. The market is segmented by product type, form, distribution channel, and region. Sunscreens hold the largest market share due to their critical role in protecting against UV radiation. The market is further segmented by SPF levels, with higher SPF products gaining popularity for offering enhanced protection. Distribution channels include supermarkets, specialty stores, online retail, and pharmacies, with online retail expected to exhibit rapid growth due to the convenience and extensive product range offered.
Geographically, North America and Europe dominate the market due to high awareness levels and advanced skincare industries. However, the Asia-Pacific region is witnessing the fastest growth, driven by increasing consumer awareness, rising disposable incomes, and a growing emphasis on skincare routines. The market growth is also supported by ongoing product innovation and strategic collaborations among key industry players.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Johnson & Johnson
- L’Oreal
- Revlon
- Unilever
- Shiseido
- Estee Lauder
- Beiersdorf
- Avon Products
- Clarins Group
- Proctor & Gamble
- Coty
- Lotus Herbals
- Amway
- Edgewell Personal Care
Sun Care Products Market Segmentation:
Our report has categorized the market based on region, product type, product form, gender and distribution channel.
Product Type Insights:
- Sun Protection Products
- After-Sun Products
- Self-Tanning Products
Product Form Insights:
- Cream
- Gel
- Lotion
- Wipes
- Spray
- Others
Gender Insights:
- Female
- Male
- Unisex
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Specialty Retailers
- Pharmacies and Drug Stores
- Online Stores
- Others
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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