Product Code: BWC24883
Global Sun Care Products Market Size Set to Surpass USD 20 Billion by 2030
Global Sun Care Products Market is thriving due to rising awareness about skin cancer, an increasing demand for natural formulations, expanding outdoor activities, higher disposable incomes, and growing e-commerce penetration globally.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Sun Care Products Market size by value at USD 14.2 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Sun Care Products Market size to expand at a CAGR of 5.50% reaching a value of USD 20.2 billion by 2030. Global Sun Care Products Market is driven by rising awareness of skin health and the harmful effects of UV radiation. Increased outdoor activities, coupled with growing cases of skin cancer and premature aging, amplify demand. Consumer preference for natural and organic sun care solutions, advancements in formulations, and multifunctional products like moisturizers with SPF propel growth. Additionally, expanding e-commerce platforms, greater penetration in emerging markets, and rising disposable incomes further contribute to the market's robust growth trajectory.
Opportunity - Growing Popularity of Premium Suncare Products
Global Sun Care Products Market is driven by the growing demand for premium offerings that combine sun protection with luxurious skincare benefits. Formulations enriched with anti-aging ingredients, natural extracts, and hydrating properties appeal to consumers seeking multi-functional products. Brands are introducing innovative textures, such as lightweight serums and velvety creams, to enhance user experience. The rising disposable income and willingness to invest in high-quality skincare fuel this trend, particularly in regions with heightened awareness of UV protection.
Impact of Escalating Geopolitical Tensions on Global Sun Care Products Market
Escalating geopolitical tensions could disrupt Global Sun Care Products Market by impacting supply chains, increasing raw material costs, and causing logistical delays. Restrictions on international trade and tariffs may hinder the availability of ingredients, especially chemicals and packaging materials. Regional instability may shift consumer spending priorities, reducing demand for non-essential items like sun care products. Additionally, manufacturers may face challenges in market entry or expansion in politically sensitive regions, impacting growth prospects and profitability.
North America Dominates Global Sun Care Products Market
North America is the leading region of Global Sun Care Products Market. This dominance is attributed to high awareness of sun protection, a strong focus on skincare, and higher disposable incomes that drive demand for premium sun care products. The region's robust distribution channels, including retail and online platforms, further enhance accessibility. Additionally, increasing outdoor recreational activities and rising concerns over skin cancer and UV-induced aging contribute to the region's significant market share.
Competitive Landscape
Global Sun Care Products Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd, L'Oreal, The Estee Lauder Companies Inc., Burt's Bees, Bioderma Laboratories, and Unilever. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Global Sun Care Products Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Sun Care Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Sun Care Products Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Global Sun Care Products Market Insights
- 3.1. End User Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising skin cancer awareness
- 3.2.1.2. Growing demand for healthy skin
- 3.2.1.3. Expanding outdoor lifestyle
- 3.2.2. Restraints
- 3.2.2.1. Strict regulatory standards for suncare products
- 3.2.2.2. Limited product awareness in emerging markets
- 3.2.3. Opportunities
- 3.2.3.1. Developing innovative suncare products with advanced formulations
- 3.2.3.2. Offering premium suncare products with luxurious formulations
- 3.2.3.3. Evolving consumer preferences
- 3.2.4. Challenges
- 3.2.4.1. Prevalence of counterfeit suncare products
- 3.2.4.2. Intense competition among brands
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Global Sun Care Products Market: Marketing Strategies
5. Global Sun Care Products Market: Geography Analysis
- 5.1. Global Sun Care Products Market, Geographical Analysis, 2023
- 5.2. Global Sun Care Products, Market Attractiveness Analysis, 2024-2030
6. Global Sun Care Products Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.1.1. Sunscreen Lotions & Creams
- 6.2.1.2. Sunburn Relief Products
- 6.2.1.3. Tanning Products
- 6.2.1.4. After Sun Products
- 6.2.1.5. Others
- 6.2.2. By Distribution Channel
- 6.2.2.1. Supermarkets/Hypermarkets
- 6.2.2.2. Online Retail
- 6.2.2.3. Specialty Stores
- 6.2.2.4. Pharmacies/Drugstores
- 6.2.2.5. Convenience Stores
- 6.2.3. By End User
- 6.2.3.1. Men
- 6.2.3.2. Women
- 6.2.3.3. Children
- 6.2.4. By Region
- 6.2.4.1. North America
- 6.2.4.2. Europe
- 6.2.4.3. Asia Pacific (APAC)
- 6.2.4.4. Latin America (LATAM)
- 6.2.4.5. Middle East and Africa (MEA)
7. North America Sun Care Products Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Distribution Channel
- 7.2.3. By End User
- 7.2.4. By Country
- 7.2.4.1. United States
- 7.2.4.1.1. By Product Type
- 7.2.4.1.2. By Distribution Channel
- 7.2.4.1.3. By End User
- 7.2.4.2. Canada
- 7.2.4.2.1. By Product Type
- 7.2.4.2.2. By Distribution Channel
- 7.2.4.2.3. By End User
8. Europe Sun Care Products Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Distribution Channel
- 8.2.3. By End User
- 8.2.4. By Country
- 8.2.4.1. Germany
- 8.2.4.1.1. By Product Type
- 8.2.4.1.2. By Distribution Channel
- 8.2.4.1.3. By End User
- 8.2.4.2. United Kingdom
- 8.2.4.2.1. By Product Type
- 8.2.4.2.2. By Distribution Channel
- 8.2.4.2.3. By End User
- 8.2.4.3. Italy
- 8.2.4.3.1. By Product Type
- 8.2.4.3.2. By Distribution Channel
- 8.2.4.3.3. By End User
- 8.2.4.4. France
- 8.2.4.4.1. By Product Type
- 8.2.4.4.2. By Distribution Channel
- 8.2.4.4.3. By End User
- 8.2.4.5. Spain
- 8.2.4.5.1. By Product Type
- 8.2.4.5.2. By Distribution Channel
- 8.2.4.5.3. By End User
- 8.2.4.6. Belgium
- 8.2.4.6.1. By Product Type
- 8.2.4.6.2. By Distribution Channel
- 8.2.4.6.3. By End User
- 8.2.4.7. Russia
- 8.2.4.7.1. By Product Type
- 8.2.4.7.2. By Distribution Channel
- 8.2.4.7.3. By End User
- 8.2.4.8. The Netherlands
- 8.2.4.8.1. By Product Type
- 8.2.4.8.2. By Distribution Channel
- 8.2.4.8.3. By End User
- 8.2.4.9. Rest of Europe
- 8.2.4.9.1. By Product Type
- 8.2.4.9.2. By Distribution Channel
- 8.2.4.9.3. By End User
9. Asia Pacific Sun Care Products Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Distribution Channel
- 9.2.3. By End User
- 9.2.4. By Country
- 9.2.4.1. China
- 9.2.4.1.1. By Product Type
- 9.2.4.1.2. By Distribution Channel
- 9.2.4.1.3. By End User
- 9.2.4.2. India
- 9.2.4.2.1. By Product Type
- 9.2.4.2.2. By Distribution Channel
- 9.2.4.2.3. By End User
- 9.2.4.3. Japan
- 9.2.4.3.1. By Product Type
- 9.2.4.3.2. By Distribution Channel
- 9.2.4.3.3. By End User
- 9.2.4.4. South Korea
- 9.2.4.4.1. By Product Type
- 9.2.4.4.2. By Distribution Channel
- 9.2.4.4.3. By End User
- 9.2.4.5. Australia & New Zealand
- 9.2.4.5.1. By Product Type
- 9.2.4.5.2. By Distribution Channel
- 9.2.4.5.3. By End User
- 9.2.4.6. Indonesia
- 9.2.4.6.1. By Product Type
- 9.2.4.6.2. By Distribution Channel
- 9.2.4.6.3. By End User
- 9.2.4.7. Malaysia
- 9.2.4.7.1. By Product Type
- 9.2.4.7.2. By Distribution Channel
- 9.2.4.7.3. By End User
- 9.2.4.8. Singapore
- 9.2.4.8.1. By Product Type
- 9.2.4.8.2. By Distribution Channel
- 9.2.4.8.3. By End User
- 9.2.4.9. Vietnam
- 9.2.4.9.1. By Product Type
- 9.2.4.9.2. By Distribution Channel
- 9.2.4.9.3. By End User
- 9.2.4.10. Rest of APAC
- 9.2.4.10.1. By Product Type
- 9.2.4.10.2. By Distribution Channel
- 9.2.4.10.3. By End User
10. Latin America Sun Care Products Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Distribution Channel
- 10.2.3. By End User
- 10.2.4. By Country
- 10.2.4.1. Brazil
- 10.2.4.1.1. By Product Type
- 10.2.4.1.2. By Distribution Channel
- 10.2.4.1.3. By End User
- 10.2.4.2. Mexico
- 10.2.4.2.1. By Product Type
- 10.2.4.2.2. By Distribution Channel
- 10.2.4.2.3. By End User
- 10.2.4.3. Argentina
- 10.2.4.3.1. By Product Type
- 10.2.4.3.2. By Distribution Channel
- 10.2.4.3.3. By End User
- 10.2.4.4. Peru
- 10.2.4.4.1. By Product Type
- 10.2.4.4.2. By Distribution Channel
- 10.2.4.4.3. By End User
- 10.2.4.5. Rest of LATAM
- 10.2.4.5.1. By Product Type
- 10.2.4.5.2. By Distribution Channel
- 10.2.4.5.3. By End User
11. Middle East & Africa Sun Care Products Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Product Type
- 11.2.2. By Distribution Channel
- 11.2.3. By End User
- 11.2.4. By Country
- 11.2.4.1. Saudi Arabia
- 11.2.4.1.1. By Product Type
- 11.2.4.1.2. By Distribution Channel
- 11.2.4.1.3. By End User
- 11.2.4.2. UAE
- 11.2.4.2.1. By Product Type
- 11.2.4.2.2. By Distribution Channel
- 11.2.4.2.3. By End User
- 11.2.4.3. Qatar
- 11.2.4.3.1. By Product Type
- 11.2.4.3.2. By Distribution Channel
- 11.2.4.3.3. By End User
- 11.2.4.4. Kuwait
- 11.2.4.4.1. By Product Type
- 11.2.4.4.2. By Distribution Channel
- 11.2.4.4.3. By End User
- 11.2.4.5. South Africa
- 11.2.4.5.1. By Product Type
- 11.2.4.5.2. By Distribution Channel
- 11.2.4.5.3. By End User
- 11.2.4.6. Nigeria
- 11.2.4.6.1. By Product Type
- 11.2.4.6.2. By Distribution Channel
- 11.2.4.6.3. By End User
- 11.2.4.7. Algeria
- 11.2.4.7.1. By Product Type
- 11.2.4.7.2. By Distribution Channel
- 11.2.4.7.3. By End User
- 11.2.4.8. Rest of MEA
- 11.2.4.8.1. By Product Type
- 11.2.4.8.2. By Distribution Channel
- 11.2.4.8.3. By End User
12. Competitive Landscape
- 12.1. List of Key Players and Their Offerings
- 12.2. Global Sun Care Products Company Market Share Analysis, 2023
- 12.3. Competitive Benchmarking, By Operating Parameters
- 12.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions on Global Sun Care Products Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 14.1. Beiersdorf AG
- 14.2. Groupe Clarins
- 14.3. Johnson & Johnson
- 14.4. Coty Inc.
- 14.5. Shiseido Co. Ltd
- 14.6. L'oreal
- 14.7. The Estee Lauder Companies Inc.
- 14.8. Burt's Bees
- 14.9. Bioderma Laboratories
- 14.10. Unilever
- 14.11. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
- 16.1. Qualitative Research
- 16.1.1. Primary & Secondary Research
- 16.2. Quantitative Research
- 16.3. Market Breakdown & Data Triangulation
- 16.3.1. Secondary Research
- 16.3.2. Primary Research
- 16.4. Breakdown of Primary Research Respondents, By Region
- 16.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable