Sun Care Products - Global Strategic Business Report

The global market for Sun Care Products is estimated at US$14.6 Billion in 2023 and is projected to reach US$23.2 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the sun care products market is driven by several factors, including increasing awareness about the dangers of UV radiation, rising incidences of skin cancer, and the growing emphasis on skin care. Technological advancements in formulation have led to the development of more effective and longer-lasting sun care products that are comfortable to wear and easy to apply. The influence of social media and beauty influencers has also played a crucial role in educating consumers about the importance of sun protection and promoting new products. Additionally, the expanding middle-class population in emerging economies with increased disposable income has led to higher spending on personal care products, including sun care. Seasonal factors, such as longer summers and higher UV index levels, further drive the demand for sun care products. Moreover, regulatory guidelines and recommendations by health organizations advocating regular use of sunscreens have significantly influenced consumer behavior, leading to increased adoption of sun care products globally. These factors collectively contribute to the robust growth and dynamic nature of the sun care products market, ensuring that it remains a vital and evolving segment within the broader personal care industry.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Sun-Care Products segment, which is expected to reach US$19.1 Billion by 2030 with a CAGR of a 7.2%. The After Sun Products segment is also set to grow at 5.4% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.9 Billion in 2023, and China, forecasted to grow at an impressive 10.2% CAGR to reach $5.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Sun Care Products Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sun Care Products Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Sun Care Products Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Avon Products Inc., Bayer Healthcare, Beiersdorf AG, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 12 Featured):

• Avon Products Inc.
• Bayer Healthcare
• Beiersdorf AG
• Blistex Inc.
• Clarins Group
• Edgewell Personal Care Company
• Johnson & Johnson
• L`Oréal S.A
• Neutrogena Corporation
• Shiseido Co. Ltd.
• The Estée Lauder Companies Inc.
• Walgreens Boots Alliance