PUBLISHER: MarketLine | PRODUCT CODE: 1930569
PUBLISHER: MarketLine | PRODUCT CODE: 1930569
Global Suncare industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The suncare market includes the retail sales of sun protection, after-sun, and self-tan products. The sun protection segment includes lotion, spray, gel, or other topical products that absorb or reflect some of the sun's ultraviolet (UV) radiation. After-sun segment covers all mass and premium moisturizing creams formulated for sunburned skin. Self-tan segment includes all mass and premium products that either enhance natural tanning (tanning aids) or allow the skin to tan without exposure to the sun. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
By Distribution channel, the market is segmented into health & beauty stores, independent stores, supermarkets, direct sellers, and others. The scope of others includes e-commerce, hypermarkets, chemists/pharmacies, convenience stores, etc.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global suncare market recorded revenues of $14,427.0 million in 2024, representing a compound annual growth rate (CAGR) of 3.1% between 2019-24.
Market consumption volume increased with a CAGR of 1.1% between 2019-24, reaching a total of 1,027.2 million units in 2024.
The global suncare market revenue recorded moderate growth during the review period 2019-24, driven by rising awareness of the harmful effects of UV radiation, including ageing and skin cancer.