Sun Care Products Market

Growing demand for organic and natural care products to boost the Sun Care Products market growth

The rising demand for organic and natural personal care products as a result of rising health concerns is expected to drive the sun care product market over the forecast period. These are typically produced from plants and ensure that all of the natural elements utilized to make the product benefit the skin more.

The growing awareness of skin cancer and skin problems has boosted demand for sun care products, which is likely to rise even further over the predicted period. Furthermore, these products are gaining popularity among consumers due to their multi-functional sun protection properties as well as wrinkle prevention.

The common prevalence of melanoma and non-melanoma skin cancers induced by UV radiation exposure is the primary driver driving the Sun Care Products market. In addition, various sun care solutions contain components that address other relevant skincare issues, such as the symptoms of aging. The insatiable desire of the masses to remain youthful has led them to goods that claim to provide an overall replenishment of skin cells by delivering anti-aging as well as sun protection remedies. Furthermore, the use of organic and natural substances in these products is growing because they are eco-friendly and have no negative side effects.

Additionally, the introduction of value-added goods with features such as diverse aromas, rapid-drying effects, glitter, and matte-finish is enticing consumers.

Sports participation has increased in recent years, particularly in outdoor events. According to Sport England, the number of cyclists in England climbed from 6.3 million in 2020 to 6.5 million in 2021, showing a 3% increase in the number of cyclists participating in the sport. The growing popularity of beach volleyball contributed to the market's expansion. According to the Outdoor Industry Association, the number of individuals engaged in outdoor activities will reach an all-time high in 2021.

The market for sun care products is quickly developing as people become more aware of the importance of protecting their skin from dangerous UV radiation. The use of such products is expanding as government health organizations work to reduce the number of cases of UV-induced melanomas. The growing demand for natural and organic elements is projected to drive the uptake of sun care products among adults. Adults prefer physical products with mineral-based ingredients such as titanium dioxide and zinc oxide.

The growing trend of sunbathing alternatives that do not expose skin to harmful ultraviolet (UV) radiation is boosting the market for sun care products. Lotions, creams, and sprays are common forms of sunless tanning products.

The Global Sun Care Products Market Industry is poised for substantial growth, with projections indicating a market value of 13.3 USD Billion in 2024 and an anticipated increase to 18.4 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 3.01% from 2025 to 2035, reflecting the increasing consumer demand for effective sun protection solutions. Factors contributing to this growth include rising awareness of skin health, the demand for natural ingredients, and technological advancements in product formulation. As the market evolves, it is likely to attract new entrants and foster innovation, further enhancing the competitive landscape.

The Global Sun Care Products Market Industry is witnessing an expansion of distribution channels, significantly enhancing product accessibility. Retailers are increasingly offering sun care products through various platforms, including e-commerce, drugstores, and specialty beauty retailers. This diversification allows consumers to easily access a wide range of sun care options, catering to different preferences and needs. The growth of online shopping, in particular, has transformed the way consumers purchase sun care products, leading to increased sales. As the market continues to evolve, the expansion of distribution channels is likely to contribute to the projected growth of the industry, reaching a value of 13.3 USD Billion in 2024.

The Global Sun Care Products Market Industry is experiencing a surge in consumer awareness regarding skin health and the detrimental effects of UV exposure. This heightened awareness is prompting individuals to seek effective sun protection solutions, leading to a growing demand for sunscreen and related products. As consumers become more informed about the risks of skin cancer and premature aging, they are increasingly investing in high-quality sun care products. This trend is reflected in the projected market value of 13.3 USD Billion in 2024, indicating a robust growth trajectory as consumers prioritize their skin health.

In the Global Sun Care Products Market Industry, there is a notable shift towards products formulated with natural and organic ingredients. Consumers are increasingly concerned about the potential harmful effects of synthetic chemicals found in traditional sun care products. This trend is driving manufacturers to innovate and develop formulations that incorporate natural extracts and minerals, appealing to health-conscious consumers. As a result, the market is likely to expand, with projections indicating a growth to 18.4 USD Billion by 2035. This shift towards natural ingredients not only aligns with consumer preferences but also reflects a broader movement towards sustainability in the beauty and personal care sector.

The Global Sun Care Products Market Industry is benefiting from emerging markets and demographic shifts, particularly in regions with increasing disposable incomes and changing lifestyles. As populations in developing countries become more affluent, there is a growing demand for sun care products. Additionally, younger demographics are becoming more aware of the importance of sun protection, driving sales of sunscreen and related items. This trend is expected to fuel market growth, with projections indicating a rise to 18.4 USD Billion by 2035. The combination of rising incomes and increased awareness among younger consumers presents a significant opportunity for brands to expand their presence in these markets.

Technological advancements play a pivotal role in shaping the Global Sun Care Products Market Industry. Innovations in product formulation, such as the development of water-resistant and lightweight sunscreens, are enhancing user experience and efficacy. These advancements allow for improved protection against UV rays while ensuring a pleasant application experience. As a result, consumers are more inclined to adopt these innovative products, contributing to market growth. The anticipated compound annual growth rate of 3.01% from 2025 to 2035 underscores the potential for continued innovation and expansion within the industry, driven by consumer demand for effective and user-friendly sun care solutions.

By region, the study provides market insights into North America, Asia-Pacific, Europe, and the Rest of the World. North America's sun care products market accounted largest market share, 43.50% in 2021, and had a market of USD 5.26 billion. North America Sun Care Products market accounts for the largest market share. In 2021, Asia-Pacific dominated the sun care products market, accounting for maximum sales. Rising consumer awareness of the negative consequences of prolonged sun exposure on the skin has boosted product demand across the region.

Furthermore, a rising variety of products that provide additional benefits, such as dark spot elimination and anti-aging, have fueled product demand even further.

Further, the major countries studied in the market report are The U.S., Canada, France, Germany, the UK, Spain, China, Italy, Japan, India, Australia, South Korea, and Brazil.

Figure 3: SUN CARE PRODUCTS MARKET SHARE BY REGION 2021 (%)Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

In 2021, Europe Sun Care Products Market held the second largest market for sun care goods. The region's rising frequency of skin-related illnesses such as solar elastosis and skin cancer is fueling need for effective sun care products market. Moreover, Germany Sun Care Products market held the largest market share, and the UK Sun Care Products market was the fastest-growing market in this region.

The Asia-Pacific Sun Care Products Market is expected to grow at the fastest CAGR from 2022 to 2030. The rise of the chemical sector in India and China is predicted to ensure continued raw material access to skin care product makers and, thus, to be a positive factor for Asian manufacturers over the forecast period.

The increased demand from emerging markets such as China and India, as a result of an increase in the number of new product launches and rising worries about the negative effects of UV rays and skin diseases, is expected to favorably influence the Asia Pacific market. Moreover, China Sun Care Products market held the largest market share, and the India Sun Care Products market was the fastest-growing market in this region.

On Jun.21, 2023, Skinvest, a skincare solutions provider, launched its latest sun protection products line, the Sunny Side Up Cookie and Cream, in India. Developed in collaboration with dermatologists from Stanford University, these products are developed to establish a new benchmark for sun protection while empowering individuals with Indian skin tones. The brand prioritizes customer education to raise awareness of the myths and misconceptions about sunscreens.

Recent Develpoment

On Jun.05, 2023, Bioré, a Japanese brand, launched its viral sunscreen, UV Aqua Rich, bringing its first facial care product with UV to the region. UV protection is becoming an integral part of the daily skincare routine, offering huge potential and prompting rising levels of innovation and brands to move in. Bioré is focused on the opportunity the shift towards daily-use products with UV protection brings.

On May 24, 2023, dōTERRA, an integrative health and wellness company, launched a new comprehensive sun care line comprising multiple SPF formats and a soothing after-sun spray. Further, the line features safe, natural & effective ingredients and CPTG essential oils. All these products are vegan-friendly, cruelty-free, reef-safe, and free from phthalates, parabens, oxybenzone, and synthetic fragrances.

On May 09, 2023, Univar Solutions Basil Ltd., a subsidiary of Univar Solutions Inc., announced a distribution agreement with Croda do Basil Ltd., a provider of specialty chemicals for sun care filters. Under the agreement, Univar Solutions will distribute Croda's sun care filters in Brazil. The deal further expands Univar Solutions' comprehensive beauty and personal care products offering in the sun care space.

On Feb.22, 2023, US-based company Larkly launched its new powder-based mineral sunscreen to provide consumers with an environmentally sustainable and makeup-friendly option. The new mineral-based powder sunscreen offers multiple benefits over traditional cream to allow users to protect the skin from UVA and UVB rays, causing sun damage and its potentially deadly effects.

Major key players are investing a lot of money in R&D to increase their product lines, which will help the sun care products market grow more. Key Market participants are also taking a range of strategic initiatives to grow their global footprint, with key Sun Care Products market developments such as new product launches, increased investments, contractual agreements, mergers and acquisitions, and partnerships with other organizations. Competitors in the sun care products industry must offer cost-effective items to expand and survive in an increasingly competitive and rising Sun Care Products market environment.

One of the primary business strategies adopted by manufacturers in the sun care products industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, the sun care products industry has provided some of the most significant benefits. The sun care products markets major players such as Beiersdorf AG (Germany), Johnson and Johnson (US), Groupe Clarins (France), Coty Inc (US), and others are working on expanding the market demand by investing in research and development activities.

For instance, Sunrider Corporation, headquartered in Torrance, California, is a privately held multi-level marketing corporation. Sunrider has tens of thousands of franchise outlets and tens of thousands of distributors worldwide. Sunrider produces health, beauty, food, and domestic items in four locations: Southern California, China, Singapore, and Taiwan. Sunrider has business in 42 countries and has offices in 22 of them. Recently, Sunrider introduced a new CC cream in June 2021 with mineral-based SPF 30 protection. Similarly, in 2020, ISDIN announced the launch of SunISDIN soft gel capsules in the United States.

L'Oréal S.A. is a French cosmetics and personal care corporation based in Clichy, Hauts-de-Seine, with a registered office in Paris. It is the world's largest cosmetics corporation, with activities focusing on hair colour, skin care, sun protection, make-up, perfume, and hair care. L'Oreal SA, for example, purchased Takami Co., a skincare company, in 2020. In addition, L'Oreal SA purchased Thayers Natural Remedies, a natural skincare brand located in the United States, from Henry Thayer Company. The brand was absorbed by L'Oréal's Consumer Products Division.