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The global sun care products market size is estimated to display strong growth by reaching USD 22.28 billion by 2032. Fortune Business Insights™ in its report titled “Sun Care Products Market Size, Share & Industry Analysis, By Product Type (Sun-protection, After-sun, and Tanning), By Form (Lotion, Spray, Stick, and Others), By SPF (0-29, 30-50, and >50), By Distribution Channel (Hypermarkets & Supermarkets, Pharmacy Stores, Online Channels, and Others), and Regional Forecast, 2025-2032” observes that the market size in 2024 stood at USD 14.90 billion and is expected to reach USD 15.47 billion in 2025. The market is expected to witness a strong CAGR of 5.35% during 2025-2032.
Consumers are largely demanding sun care items that have high SPF values and are made of mineral-only ingredients. Women have been looking for products that are multi-functional, such as a skin whitener equipped with sun protection, or a moisturizer with sun protection among others.
L’Oréal S.A. Launched Solar Expertise Anti Oil, Creams, and Other Forms of the Products in Brazil
In October 2022, L’Oréal S.A. launched Solar Expertise Anti-oil, creams, and other forms of products in Brazil. The products are available in 11 sunscreen formulas that are designed for 32 to 43 dedicated Brazilian skins. The products diversified its sun protection products range. The new products were designed by L’Oréal’s Consumer & Market Insights team and Estúdio Nina.
Companies Reported a Decline in the Organic Net Sales during COVID-19
The COVID-19 pandemic impacted the international and national travel restrictions which led to the cancellation of several holiday tours and business travels. Companies also reported a decline in organic net sales. For example, Edgewell Personal Care Corporation reported about a 30% dip in organic net sales in its ‘Sun Care’ segment during the third fiscal quarter. In order to curb this, manufacturers have been running their businesses by taking all necessary precautionary measures and by reducing non-essential expenses.
Sustainable Skin Tanning Products to Propel Market Development
Sustainable skin tanning products are predicted to drive sun care products market growth. There has been a shift in the consumer trends towards luxury cosmetic products which will increase the demand for premium-quality sun care products. In addition, consumers have been preferring self-tanning items made up of coconut oil, argan oil, and other natural ingredients. These shifts in consumer behavior are set to offer business opportunities for key market companies in the market growth.
Market Players Have Been Focusing On Safe, Green, and Highly Active Ingredients
The manufacturers of the market are Beiersdorf AG, Edgewell Personal Care, and Johnson and Johnson. The market is also having various local players. All the market players have been focusing on safe, green, and highly active ingredients. In May 2023, BASF SE featured Tinomax CC, a sunscreen formulation which is optimizing particle shaping and lengthy UV protection with SPF and UVA to improve skin greasiness.
Key Industry Development
List of Key Companies Profiled in the Report:
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/sun-care-products-market-103821
Further Report Findings
Table of Segmentation
ATTRIBUTE |
DETAILS |
Study Period |
2019-2032 |
Base Year |
2024 |
Estimated Year |
2025 |
Forecast Period |
2025-2032 |
Historical Period |
2019-2023 |
Growth Rate |
CAGR of 5.35% during 2025-2032 |
Unit |
Value (USD Billion) |
Segmentation |
By Product Type
|
By Form
|
|
By SPF
|
|
By Distribution Channel
|
|
By Region
|
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