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Sun Care Products Market report categorizes the global market by product type, gender, form, and distribution channels - Global Industry Insights, Taxonomy, Outlook, Distribution Channels, Key Market Players
Sun care products industry insights
Exposure to sunlight is an important means of receiving Vitamin D, however, excessive
exposure is harmful. The ultraviolet (UV) radiation in the sunlight, when overexposed to,
causes painful sunburn and may lead to more serious health problems, including premature
aging of skin, eye damage, immune system suppression, and skin cancer. This in turn, creates
an increasing demand for sun care products.
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Key Players in the Global Sun Care Products Market
Some of the key market players operating in the global sun care products market include
OLAY(US), L'OREAL(France), Avene(France), NIVEA(Germany), Mentholatum(US),
Pechoin(China), Neutrogena(US), ANESSA(Japan), Biore(Japan), LANCOME(France),
Hanhoo(China), SOFINA(Japan), SHISEIDO(Japan), MeiFuBao(China), CHANDO(China),
MARUBI(China), LANEIGE(Korea), KANS(China), Clinique(US), and Kiehl's(US).
Sun care products are made up of several ingredients such as avobenzone and benzophenone,
which prevent the sun’s ultraviolet radiation from affecting the skin. Sun Protection Factor
(SPF) is the measure of how sunscreen protects the skin from UVB rays, which causes
sunburn, skin damage, and can contribute to skin cancer. The various factors of sunscreen are
associated with different properties. For example, SPF 15 allows one to stay sunlight without
burning for around 150 minutes.
Sun care product with SPF 15 or higher are efficient in providing protection against UVB. In
terms of percentage, SPF 15 can filter around 92% of all incoming UVB rays. SPF 30 filters
97% and SPF 50 filters 98% UVB rays.
Products containing para-amino benzoic acid (PABA) or oxybenzone as well as those
containing preservatives or fragrances can cause allergy-prone skin or conditions such as
acne or rosacea, which pose as restrains to growth of the sun care market.
Growing prevalence of actinic keratosis, a painful condition which has 15% chances of
causing skin cancer, is also boosting demand for sun care products. For instance, according to
NCB, in Europe, the U.S., and Australia, prevalence of actinic ketosis was recorded to be
4·5-60%.
Changes in external environment, depletion of ozone layer, increasing pollution and skin
disorders are increasing the demand for sun care products. Furthermore, increasing awareness
about the harmful effects of UV rays among the populace is increasing the demand sun care
products. Rising demand for SPF and anti-aging products is also driving demand for sun care
products. North America holds the largest market due to high presence of manufacturers in
the region and Europe. North America is the largest market in sun care products followed by
Europe.
Asia Pacific is projected to be the fastest growing market during the forecast period.
According to International Agency of Research on cancer (IARC) of WHO, estimated that
around 163 million units of sun care products are sold in the U.S., every year.
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