Sunscreen Market Grow with a CAGR of 5.48% through 2030F

The global Sunscreen market is driven by increasing awareness of skin cancer prevention, rising skin health concerns, growing beauty trends, and expanding awareness of sun protection.

According to TechSci Research report, “Sunscreen Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global Sunscreen market stood at USD 14.45 billion in 2024 and is expected to grow USD 20.34 billion by 2030 with a CAGR of 5.48% during the forecast period. The global Sunscreen market is experiencing significant growth owing to the rising popularity of outdoor activities across the globe. As more people engage in outdoor sports, fitness routines, travel, and recreational activities, the need for effective sun protection increases. Activities such as hiking, swimming, cycling, and beach outings expose individuals to prolonged sun exposure, heightening the risk of skin damage. Consequently, consumers are turning to sunscreens with higher SPF and long-lasting, water-resistant formulations for reliable protection. This trend is particularly noticeable in regions with abundant sunshine and active outdoor cultures. As the global focus on health and wellness continues to grow, the demand for sunscreen products that cater to active lifestyles is expected to rise, further driving market growth.

The global Sunscreen market is driven by the growing health and wellness trends. As consumers become more conscious of their overall well-being, there is an increasing emphasis on protecting the skin from harmful UV rays to prevent premature aging and skin damage. This shift toward healthier lifestyles includes incorporating sunscreen as a daily skincare routine. Consumers are now more focused on using products that not only provide sun protection but also offer additional skincare benefits, such as anti-aging, moisturizing, and nourishing properties. As health-conscious behaviors grow, the demand for high-quality, skin-friendly sunscreens with natural, non-toxic ingredients continues to rise, further fueling the market’s expansion.

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The global Sunscreen market is segmented into form, SPF range, distribution channel, and region.

Based on the form, the gel segment is the fastest growing in the global Sunscreen market, driven by consumer preference for lightweight, non-greasy formulations that absorb quickly into the skin. Gels are particularly popular in regions with hot and humid climates, as they offer a refreshing, cooling effect while providing effective sun protection. Their smooth texture and ability to leave a non-oily finish make them ideal for daily use, especially for individuals with oily or acne-prone skin. Also, the growing demand for transparent and invisible sunscreens that don’t leave white residue has further boosted the popularity of gel-based formulations. As a result, the gel segment is experiencing significant growth, especially among younger, active consumers seeking convenience and comfort in their skincare routines.

Based on the region, Asia-Pacific is the fastest-growing region in the global Sunscreen market, driven by increasing awareness of skin protection and rising concerns over skin cancer and UV damage. As consumer education improves, more individuals in countries like India, China, and Japan are adopting sunscreen as part of their daily skincare routines. The region's hot and humid climate, along with a growing emphasis on personal care and wellness, further fuels demand for sun protection products. Also, the expanding middle class and rising disposable incomes are allowing consumers to invest in premium skincare, including high-quality sunscreens. The increasing popularity of outdoor activities and travel also contributes to the region's rapid market growth.

Major companies operating in the global Sunscreen market are:

• Beiersdorf AG
• Kao Corporation
• Louis Herbals
• Estée Lauder Inc
• JNTL Consumer Health (India) Private Limited
• Shiseido Co.,Ltd
• Revlon Consumer Products LLC
• Coty Inc
• Unilever PLC
• The Sunscreen Company

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“The global Sunscreen market is expected to growth in the upcoming years owing to the technological advancements in formulations. Innovative sunscreen technologies have led to the development of lighter, more effective products that offer better protection against both UVA and UVB rays. Modern sunscreens are now more water-resistant, longer-lasting, and easier to apply, with non-greasy, fast-absorbing textures that appeal to a wider range of consumers. Also, advancements in microencapsulation and nano-technology allow for more efficient delivery of active ingredients, enhancing the sunscreen's performance. Also, new formulations are being developed to cater to specific skin types, including sensitive, acne-prone, and oily skin, broadening the consumer base. These technological innovations are making sunscreen use more convenient, appealing, and effective, driving increased demand across global markets,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Sunscreen Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Form (Cream & Lotion, Spray, Gel, Sticks), By SPF Range (0-15, 15-30, 30-50, 50+), By Distribution Channel (Retail Stores, Pharmacy & Drug Stores, Online), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global Sunscreen market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Sunscreen market.

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