Press release
Sun Care Products Market Anticipated To Witness Robust Growth, Surpassing $21.15 Billion By 2029
The Sun Care Products Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Sun Care Products Market Size and Its Estimated Growth Rate?
In recent times, the sun care products market has seen a significant increase in size. The market, which stood at $14.67 billion in 2024, is projected to reach $15.63 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.5%. The notable growth seen during the historic period is due to factors such as a heightened awareness of skin cancer, an increase in tourism and outdoor activities, advancements in science, an aging population, and strategic marketing and promotions.
Expectations are high for significant expansion in the sun care products market in the coming years, reaching a valuation of $21.15 billion in 2029 with a compound annual growth rate (CAGR) of 7.9%. The expected growth during the forecasted period can be linked to factors such as increasing UV radiation levels, global travel expansion, awareness about skin health, adoption of clean beauty and green sunscreens, and sun serums. The prediction period also sees major trends such as digital and UV monitoring, adaptive SPF, UV filters sourced from plants, innovations in sunscreen packaging, and increasing customization and personalization.
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How Are Emerging Segments Shaping the Sun Care Products Market Landscape?
The sun care products market covered in this report is segmented -
1) By Type: Self-Tanning Products, After-Sun Products, Sun Protection Products
2) By Gender: Male, Female, Unisex
3) By Distribution Channel: Hyper markets or Super markets, Specialty Stores, Online Stores, Other Distribution Channels
Subsegments:
1) By Self-Tanning Products: Tanning Lotions, Tanning Sprays, Tanning Mousse
2) By After-Sun Products: After-Sun Lotions, After-Sun Gels, After-Sun Creams
3) By Sun Protection Products: Sunscreens, Sun Blocks, Tinted Sunscreens, Water-Resistant Sunscreens
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Which Growth Factors Are Influencing Sun Care Products Market Expansion?
The sun care products market is set to surge due to the increasing preference for organic and natural personal care items. These organic offerings, crafted using organically-sourced ingredients and devoid of harsh chemicals, carry multiple benefits that are prompting their growing demand. A case in point is the rising preference for organic sun care products. A study carried out by the UK-based scientific journal, BioMed Central, in January 2020, discovered that 80.2% of 500 surveyed individuals preferred using herbal products. Furthermore, data from the World Health Organization, a Swiss international body responsible for public health reveals that traditional medicinal approaches such as acupuncture, yoga, herbal remedies, indigenous therapies, etc. are practiced in 88% of countries worldwide. Consequently, the rising inclination towards natural and organic personal care goods is fueling demand in the sun care products market.
Who Are the Dominant Players Across Different Sun Care Products Market Segments?
Major companies operating in the sun care products market include L'Oreal SA, Johnson & Johnson Services Inc., Procter & Gamble Co., Beiersdorf AG, Coty Inc., Shiseido Company Ltd., Estee Lauder Companies Inc., Bioderma Laboratories, Burt's Bees Inc., Unilever plc, Kao Corp, Bayer AG, Walgreens Boots Alliance Inc., Weleda AG, Mary Kay Inc., Amorepacific Corp, Natura & Co Holding SA, Edgewell Personal Care Co., Avon Products Inc., Revlon Inc., Oriflame Cosmetics AG, Groupe Clarins, La Roche-Posay, Vichy Laboratories, Coppertone, Hawaiian Tropic, Banana Boat Ltd., Sun Bum LLC, Supergoop!, Coola Suncare
What Are the Latest Developing Trends in the Sun Care Products Market?
The emergence of product innovations is a significant trend gaining traction in the market for sun care products. Major businesses involved in this market are concentrating their efforts on creating novel and inventive items to consolidate their position in the market. Take for instance, Shiseido, a manufacturing firm from Japan, introduced its Ultimate Sun Protector Lotion SPF 60+ in April 2024. This exceptional sun care product is fashioned to offer top-notch defense against dangerous UVA and UVB rays. The product utilizes Shiseido's ground-breaking SuperVeil UV 360 technology and promises enhanced skin defense against sun damage, while also maintaining a lightweight, non-sticky texture. It is water-resistant, making it the perfect choice for outdoor activities, and comes packed with hydrating and anti-aging properties that contribute to overall skin health. This product underscores Shiseido's dedication to sophisticated sun care, meeting the demands of consumers who prefer effective and trustworthy sun protection.
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Which Geographic Regions Are Expected to Dominate the Sun Care Products Market in the Coming Years?
Europe was the largest region in the sun care products market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sun care products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Sun Care Products Market?
2. What is the CAGR expected in the Sun Care Products Market?
3. What Are the Key Innovations Transforming the Sun Care Products Industry?
4. Which Region Is Leading the Sun Care Products Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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