Global Sun Care Cosmetics Market

Sun Care Cosmetics Market Size, Share, Growth Analysis, By Product Type(Cream, lotions, gel, sprays), By Formulation(Organic, inorganic, combination formulations, and others), By Distribution channel(Online, Offline and others), By SPF range(low SPF (less than 15), medium SPF (15 to 30), high SPF (30 to 50), and very high SPF (50+)), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30L2131 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 121 | Figures: 77

Sun Care Cosmetics Market Insights

Sun Care Cosmetics Market size was valued at USD 11.59 billion in 2022 and is poised to grow from USD 12.10 billion in 2023 to USD 17.08 billion by 2031, growing at a CAGR of 4.4% during the forecast period (2024-2031).

Sun Care Cosmetics is becoming popular since It Offers a wide range of advantages such as protection from UV rays, a broad range of products, growing demand, innovation, global appeal, and diversification.

Sun-care cosmetics provide a wide range of benefits, but one of the most significant advantages is protection from the damaging effects of UV radiation. UV rays are known to cause sunburn, premature aging, and even skin cancer, making it essential to take protective measures when spending time outdoors. Sun care cosmetics, such as sunscreen lotions, sprays, and oils, contain active ingredients that act as a barrier between the skin and the sun's harmful rays. These ingredients can help prevent sunburn, reduce the risk of skin cancer, and slow down the aging process caused by sun damage. By using sun care cosmetics, individuals can enjoy their time outdoors without putting their skin at risk of damage from UV radiation.

The sun care cosmetics market presents a range of opportunities for companies to diversify their product offerings. This is because different individuals have different needs and preferences when it comes to sun care products. For instance, people with sensitive skin require products that are gentle and non-irritating, while those with dry skin may need sunscreens that offer added hydration. Similarly, people of different age groups require sunscreens with different SPF levels, as well as different textures and formats. The market also presents opportunities for companies to introduce products designed for specific activities such as sports and outdoor recreation. For example, waterproof or sweat-resistant sunscreens are ideal for individuals engaging in water sports or outdoor activities that involve a lot of physical exertion. Furthermore, as research into the effects of UV radiation on the skin continues, companies can capitalize on emerging trends and consumer preferences by developing sun care products that offer added benefits such as anti-aging properties, antioxidants, and other skin-enhancing ingredients.

US Sun Care Cosmetics Market is poised to grow at a sustainable CAGR for the next forecast year.

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Sun Care Cosmetics Market size was valued at USD 11.59 billion in 2022 and is poised to grow from USD 12.10 billion in 2023 to USD 17.08 billion by 2031, growing at a CAGR of 4.4% during the forecast period (2024-2031).

The sun care cosmetics market features a competitive landscape with a mix of established players and new entrants. In order to meet the growing demand for suncare products with better efficacy and enhanced functionality, companies are investing in research and development to create innovative offerings. 'L'Oreal SA', 'Johnson & Johnson', 'Beiersdorf AG', 'Shiseido Company Limited', 'Estée Lauder Companies Inc.', 'Coty Inc.', 'Unilever PLC', 'Clarins Group', 'AmorePacific Corporation', 'Bioderma Laboratories', 'Procter & Gamble Co.', 'Avon Products Inc.', 'Revlon Inc.', 'Kao Corporation', 'Mary Kay Inc.', 'Lotus Herbals Pvt. Ltd.', 'Amway Corporation', 'Burt's Bees Inc.', 'Avene USA', 'Supergoop!'

The rise in awareness of the harmful effects of UV rays is prompting consumers to seek out suncare products that provide sufficient protection against the sun's damaging rays.

Multifunctional suncare products are becoming increasingly popular, as consumers seek sun protection products that offer additional benefits such as moisturization, anti-aging effects, and brightening properties.

North America dominates the sun care cosmetics market as of 2021, holding a significant share of the market due to the rising awareness of the dangers of UV rays and the increasing demand for sun care products that offer adequate sun protection.

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Global Sun Care Cosmetics Market

Report ID: SQMIG30L2131

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