Press release
Sun Care Products Market Drivers Shaping Future Growth, Revenue USD 15.83 Billion by 2030
The ๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ Size in 2023 was worth USD 12.03 Bn. at a CAGR 4% and it is expected to reach USD 15.83 Bn. in 2030.๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global Sun Care Products Market, valued at USD 12.03 billion in 2023, is witnessing significant growth driven by the increasing awareness of skin protection against harmful UV rays and the rising prevalence of skin-related issues such as cancer. Consumers are becoming more conscious of the need for effective sun care solutions, leading to a steady demand for sunscreen, lotions, and after-sun care products. This market expansion aligns with the growing emphasis on health and wellness, especially as individuals prioritize the long-term health benefits of protecting their skin.
๐๐ก๐๐ญ'๐ฌ ๐ง๐๐ฑ๐ญ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ? ๐ ๐ข๐ง๐ ๐จ๐ฎ๐ญ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/127332/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The rising demand for organic and natural sun care products is a key driver in the market. Consumers are increasingly seeking products free from harsh chemicals, opting for plant-based formulations that provide effective sun protection while nourishing the skin. This shift in preference is largely influenced by health-conscious individuals looking to minimize the risk of skin irritation and environmental harm, which is bolstered by advancements in product innovation and eco-friendly packaging solutions.
Additionally, growing awareness about the dangers of prolonged UV exposure and its association with skin cancer has propelled the demand for high-SPF sunscreens and multifunctional sun care products. Governments and health organizations worldwide are actively promoting the use of sun protection to mitigate the risks of UV-induced melanomas. These efforts, coupled with the increasing participation in outdoor sports and recreational activities, are fueling the adoption of sun care products across various consumer segments.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
A significant trend in the sun care market is the rise of hybrid products that combine sun protection with skincare benefits, such as anti-aging and hydration. These multifunctional products cater to consumers seeking convenience and comprehensive skincare solutions in a single product. This trend is especially prevalent among millennials and Gen Z, who prioritize both efficacy and sustainability in their purchasing decisions.
๐ฐ๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The growth of the sun care products market by distribution channel is expected to be led by online retail platforms, which have witnessed remarkable expansion in recent years. The convenience of e-commerce, coupled with extensive product availability, customer reviews, and competitive pricing, has made online shopping a preferred choice for consumers. Innovations in digital marketing and personalized shopping experiences have further boosted the adoption of online channels.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/127332/
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's sun care market is rapidly expanding, fueled by increasing awareness of UV protection. Major players such as ๐๐๐ข๐๐ซ๐ฌ๐๐จ๐ซ๐ ๐๐ and ๐'๐๐ซรฉ๐๐ฅ are strengthening their presence through mergers and acquisitions. Recent trends indicate a surge in demand for organic and mineral-based sunscreen products. Vietnam's tourism industry is also playing a significant role in boosting the consumption of sun care products, with beachgoers seeking high SPF solutions.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand remains a lucrative market for sun care products, growing at an impressive CAGR. Companies like ๐๐จ๐ก๐ง๐ฌ๐จ๐ง & ๐๐จ๐ก๐ง๐ฌ๐จ๐ง are introducing specialized products catering to tropical climates. The government's initiatives to promote tourism have increased the demand for sun protection solutions. Recent mergers include ๐๐ง๐ข๐ฅ๐๐ฏ๐๐ซ acquiring local brands to expand their product portfolios. Trends show a shift towards multi-functional products offering anti-aging and hydration benefits alongside sun protection.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's market is distinguished by its focus on innovation and premium products. Consumers prefer lightweight, non-greasy formulations suitable for humid climates. Companies such as ๐๐ก๐ข๐ฌ๐๐ข๐๐จ and ๐๐๐จ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are leading the market with innovative launches. The country has seen a rise in products with blue light protection and anti-pollution benefits, reflecting urban lifestyle trends. Recent developments include ๐๐ก๐ข๐ฌ๐๐ข๐๐จ'๐ฌ acquisition of smaller startups to enhance its R&D capabilities.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's sun care market is undergoing significant consolidation as brands like ๐๐ฆ๐จ๐ซ๐๐ฉ๐๐๐ข๐๐ข๐ and ๐๐ ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ & ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ dominate the industry. The country's "K-beauty" influence has driven global demand for Korean sun care products. Recent mergers and collaborations with international firms have positioned South Korea as a key exporter. Innovations such as sunscreen sticks and sprays are gaining popularity due to their convenience and portability.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore is embracing advanced sun care solutions with a focus on sustainability. Brands like Estรฉe Lauder are leading the charge by introducing eco-friendly packaging and reef-safe formulations. The market is seeing steady growth due to high disposable incomes and awareness of skin health. Recent acquisitions, such as ๐๐ซ๐จ๐๐ญ๐๐ซ & ๐๐๐ฆ๐๐ฅ๐'๐ฌ purchase of local startups, have further strengthened market dynamics.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States remains a dominant player in the sun care market, driven by high consumer spending on skincare. The market's growth is bolstered by innovations in broad-spectrum UV protection and anti-aging products. Key companies like ๐๐๐ฎ๐ญ๐ซ๐จ๐ ๐๐ง๐ and ๐๐จ๐ฉ๐ฉ๐๐ซ๐ญ๐จ๐ง๐ are expanding their product lines to cater to diverse skin types. Recent mergers include ๐๐๐ ๐๐ฐ๐๐ฅ๐ฅ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐'๐ฌ acquisition of ๐๐ฎ๐ง ๐๐ฎ๐ฆ, highlighting consolidation trends.
๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's sun care market is growing steadily, supported by stringent regulations on product safety and efficacy. Companies like ๐๐๐ข๐๐ซ๐ฌ๐๐จ๐ซ๐ ๐๐ and ๐๐๐๐ are investing heavily in R&D to develop innovative solutions. The region is witnessing a rise in demand for SPF-infused cosmetics and products tailored to sensitive skin. Recent developments include ๐๐ง๐ข๐ฅ๐๐ฏ๐๐ซ'๐ฌ partnership with sustainable ingredient suppliers to cater to environmentally conscious consumers.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ & ๐๐ก๐๐ซ๐ญ๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐๐@https://www.maximizemarketresearch.com/request-sample/127332/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
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
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/sun-care-products-market/127332/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ง ๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Beiersdorf AG
2. Groupe Clarins
3. Johnson & Johnson
4. Coty Inc.
5. Shiseido Co. Ltd.
6. L'oreal
7. Burt's Bees
8. Bioderma Laboratories
9. Unilever
10. Procter & Gamble
11. Kao Corp.
12. Avon Products, Inc.
13. Christian Dior SE
14. Estee Lauder
15. Shiseido Company
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
โฆ Global Organic Food Market https://www.maximizemarketresearch.com/market-report/global-organic-food-market/87324/
โฆ Current Sensor Market https://www.maximizemarketresearch.com/market-report/global-current-sensor-market/29865/
โฆ Air Conditioning Market https://www.maximizemarketresearch.com/market-report/global-air-conditioning-market/28988/
โฆ Steel Rebar Market https://www.maximizemarketresearch.com/market-report/global-steel-rebar-market/29443/
โฆ Collagen Market https://www.maximizemarketresearch.com/market-report/global-collagen-market/37222/
CFunctional Drinks Market https://www.maximizemarketresearch.com/market-report/functional-drinks-market/189755/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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