30 Nov -0001
Rockville, Md. The global sun screen market is set to surpass US$ 13.464 Bn by 2022, a 5.6% CAGR that Fact.MR links to the seasonal spike in demand as stronger sun pushes people to guard against sunburn. To smooth out that seasonality, manufacturers are developing multiuse lotions that pair sun protection with broader skin care.
Sun protection products lead the market, hypermarkets and supermarkets dominate distribution, and Asia Pacific excluding Japan is the most lucrative region. A steady shift toward organic and natural formulas runs through the demand story, as buyers weigh the side effects of synthetic ingredients.
Sun protection products outsell suntan and sun block lines, heading past US$ 5.675 Bn by 2022 and holding over a third of revenue, with cosmetics brands leaning into herbal and natural ingredients. Hypermarkets and supermarkets are the top channel, helped by fast retail construction in emerging markets such as India and China, while online retail gains ground as younger shoppers buy on the web.
Asia Pacific excluding Japan is the most lucrative region and grows at over 6% through 2022 on rising incomes and improving lifestyles. North America and Europe also post impressive growth, and Latin America holds a considerable share of revenue.
Two threads shape the market: the wish to look attractive and youthful, and growing caution about synthetic chemistry. Together they are steering demand toward organic and natural sun screens and toward multiuse products that do more than block ultraviolet light, keeping the category relevant beyond the summer peak.
Competition centres on cosmetics and personal care companies that are broadening their sun care ranges with natural formulations and multifunctional products, and expanding distribution across hypermarkets and online retail to reach a wider base of consumers.
For brands, growth favours natural, multiuse formulas and strong retail and online presence. Investors get a market with steady, awareness-led demand. Procurement and retail teams can plan around hypermarkets leading distribution and Asia Pacific offering the strongest regional prospects through 2022.
Fact.MR's study covers the global sun screen market for the 2017 to 2022 forecast period, with segmentation by product, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the sun screen market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Sun Screen Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.