Opportunities in the Global Suncare Sector 2025

Provides an overview of current suncare scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East and Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

Rising awareness of the importance of using suncare products among consumers has spurred growth in the global suncare sector. Additionally, increased outdoor activities and tourism have bolstered sales. Consequently, value sales in the global suncare sector are projected to increase from $12.6 billion in 2024 to $15.2 billion in 2029, at a compound annual growth rate (CAGR) of 3.9%. In 2024, sun protection represented the largest category by value, accounting for an 81.9% share, followed by self-tan category at 9.1%. The Americas emerged as the largest market for suncare products in 2024, capturing a value share of 38.2%. Increased UV radiation exposure and the resulting rise in skin cancer cases are driving up demand for suncare products in the Americas region.

Key Highlights

• The growing consumer demand for suncare products, owing to increased outdoor activities and tourism, is pushing the growth of the sector. Rising focus on sef-tan products and the rising disposable income is enabling them to invest more on suncare products. Moreover, increasing concerns about the negative impact of synthetic ingredients is boosting the demand for natural and organic ingredients in suncare products. As a result, manufacturers are formulating products with high-quality ingredients to capitalize on this trend.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the global suncare sector, analyzing data from 108 countries. It includes analysis on the following -

• Global snapshot: Includes executive summary, current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The section also touches on the key growth enablers and inhibitors for the suncare sector.
• Sector snapshot: The analysis provides a global overview, along with regional and category-level data and analysis. It also includes regional overview across five regions-Americas, Asia-Pacific, Eastern Europe, Middle East and Africa (MEA), and Western Europe-highlighting sector size and evolution, value and volume shares by category, and growth drivers for each region.
• Consumer trends: Provides an overview of evolving consumer trends, supported by GlobalData's in-house consumer surveys, and product examples.
• Country deep-dive: Provides risk-reward analysis of the top high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure. Provides a deep-dive analysis of 10 high-potential countries covering value growth during 2024-29, consumer demographics, and key trends. It also includes regional analysis covering the outlook for each region.
• Competitive environment and brand shares: Provides an overview of the leading companies and brands at global and regional levels. Market shares of brands and private labels in each region are also detailed.
• Distribution overview: Provides an analysis of the leading distribution channels in the global suncare sector in 2024. It covers hypermarkets & supermarkets, health and beauty stores, e-retailers, direct sellers, department stores, parapharmacies/drugstores, convenience stores, cash & carries and warehouse clubs, "dollar stores", variety stores & general merchandise retailers, chemists/pharmacies, and other distribution channels.
• Packaging analysis*: The report provides percentage share (in 2024) and growth analysis (during 2024-29) for various pack materials, pack types, closures, and primary outer types based on volume sales of suncare.
• Select industry metrics: The section provides topline statistics and analysis for different alternate datasets, such as patent filings, job analytics, and deals in 2024.

Reasons to Buy

• Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates