Sun Care Products Market Report 2023-2028: Industry Trends, Share, Size, Business Analysis, Statistics, and Forecast

According to the latest report by IMARC Group, titled “Sun Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global sun care products market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028. Suncare products are utilized on the skin for protection from harmful ultraviolet (UVA and UVB) rays. They counter the damaging effects of continuous sunlight exposure, including early signs of aging, tanning, sunburn, wrinkles, fine lines, pigmentation, etc. These products are made using ingredients, such as avobenzone and benzophenone, that create a barrier and prevent UV rays from harming the skin. The efficiency of a sun care item depends upon its Sun Protection Factor (SPF), which is a scientific measure that correlates to how long a person can stay in the sunlight without sustaining any severe damage to the skin.

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Sun Care Products Market Report 2023

Sun Care Products Market Growth:

The increasing occurrence of melanoma and non-melanoma skin cancer caused by exposure to UV radiation is among the key factors stimulating the sun care products market. Moreover, the rising incorporation of elements by numerous sunlight care items that cater to other related skin care issues, including the signs of aging, is acting as another significant growth-inducing factor. Besides this, an indomitable urge to retain youthfulness among consumers has inclined them toward products that boast an overall replenishment of the skin cells by providing anti-aging and sun protection solutions, which is positively influencing the global market. Furthermore, the widespread adoption of organic and natural ingredients in these items, as they are eco-friendly and have no side effects, is also propelling the market growth. Apart from this, the launch of value-added products with benefits, such as rapid-drying effects, diversified fragrances, and glitter and matte-finish, is further fueling the global market. Additionally, the easy accessibility and wide distribution through online retailers and multi-brand stores, the inflating disposable income levels, the growing awareness among individuals about the advantages of these items, and aggressive promotional activities by manufacturers are anticipated to fuel the sun care products market over the forecasted period. 

Competitive Landscape With Key Players:

The report has also analysed the competitive landscape of the market with some of the key players being:

  • Johnson & Johnson
  • L’Oreal
  • Revlon
  • Unilever
  • Shiseido
  • Estee Lauder
  • Beiersdorf
  • Avon Products
  • Clarins Group
  • Proctor & Gamble
  • Coty
  • Lotus Herbals
  • Amway
  • Edgewell Personal Care

Breakup by Product Type:

  • Sun Protection Products 
  • After-Sun Products
  • Self-Tanning Products
     

Breakup by Product Form:

  • Cream
  • Gel
  • Lotion
  • Wipes
  • Spray
  • Others 

Breakup by Gender:

  • Female
  • Male
  • Unisex 

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Retailers
  • Pharmacies and Drug Stores
  • Online Stores
  • Others

Breakup by Region:

  • 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 
  • Market Outlook 
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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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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