India Sunscreen Market
India Sunscreen Market, By Formulation (Cream & Lotions, Sprays, Sticks, Gels); By Gender (Men, Women, Unisex); By Application (Sun Protection, After Sun Products, Tanning Products); By Distribution Channel (Retail Stores, Pharmacies & Drugstores, Online Platform); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: June 2024
- Report ID: BWC24419
- Available Format: PDF
- Page: 200
Report Overview
Growing awareness about UV radiation's adverse effects on skin (sunburn, premature aging, and skin cancer) and benefits of sunscreen in managing them and growing disposable income among middle class population are expected to drive the India Sunscreen Market during the forecast period between 2024 and 2030.
India Sunscreen Market – Industry Trends & Forecast Report, 2030
The India Sunscreen Market size by value was estimated at USD 879.12 million in 2023. During the forecast period between 2024 and 2030, the India Sunscreen Market size is projected to grow at a CAGR of 7.15% reaching a value of USD 1,256.76 million by 2030. A prominent driver of the market is the rising awareness of UV radiation's adverse effects on skin health, encompassing sunburn, premature aging, and skin cancer. Concurrently, the increasing surge in skin cancer incidences underscores the imperative of sun protection, fostering sunscreen adoption. As consumer lifestyles evolve towards increased outdoor engagement and travel, sunscreen emerges as an essential shield against sun exposure. Moreover, the fusion of sun protection into skincare and cosmetic regimens, driven by anti-aging awareness and beauty trends, bolsters sunscreen's popularity. Its transition from a seasonal to a daily necessity aligns with market expansion, supported by concerns over climate change-induced sun exposure.
By volume, the India Sunscreen Market size was estimated at 864.2 Tons in 2023. During the forecast period between 2024 and 2030, the India Sunscreen Market size is projected to grow at a CAGR of 7.11% reaching the volume of 984 Tons by 2030. Continuous innovations in sunscreen formulations, emphasizing comfort and effectiveness, satisfy consumer preferences for lightweight, non-greasy options. Furthermore, the pursuit of broad-spectrum protection, coupled with influencer endorsements and heightened focus on health and wellness, amplifies sunscreen demand. Public health campaigns, along with the burgeoning travel industry and the accessibility of e-commerce platforms, further fuel market growth. Notably, dermatologists' endorsements solidify consumer trust in specific sunscreen products, contributing to the sustained expansion of India Sunscreen Market.
Sunscreen – Overview
The sunscreen market refers to the segment of the skincare industry dedicated to the production, distribution, and sale of products designed to protect the skin from the harmful effects of ultraviolet (UV) radiation emitted by the sun. These products typically come in the form of lotions, creams, gels, sprays, and sticks, among others, and are applied topically to the skin. The market encompasses a wide range of sunscreen products with varying Sun Protection Factor (SPF) levels, formulations, and features, catering to diverse consumer preferences and skin types. Factors such as increasing awareness of sun damage, changing lifestyles, growing disposable incomes, and rising concerns about skin health contribute to the growth and evolution of the sunscreen market.
India Sunscreen Market
Growth Drivers
Rising Awareness about Skin Damage Caused by UV Radiation
The rising awareness about sun damage is catalyzing significant growth within the India Sunscreen Market. As more individuals become cognizant of the harmful effects of UV radiation on the skin, there is a noticeable surge in demand for sun protection products. Consumers are increasingly prioritizing skincare and seeking effective solutions to mitigate sun-related risks, such as premature aging and skin cancer. This heightened awareness has not only expanded the consumer base but also spurred innovation within the sunscreen industry. Manufacturers are developing advanced formulations and broad-spectrum protection options to meet evolving consumer needs. Consequently, the India Sunscreen Market is experiencing robust growth, driven by the collective imperative for skin health and sun safety.
Challenges
Price Sensitivity
Price sensitivity poses a significant restraint on the India sunscreen market. Given the diverse socioeconomic landscape, a considerable portion of the population is highly price-sensitive when purchasing skincare products. This sensitivity often leads consumers to opt for lower-priced alternatives or forego sunscreen altogether, especially in price-driven segments. Manufacturers face the challenge of balancing affordability with product quality and efficacy to cater to this segment while also meeting the needs of consumers seeking premium offerings. Consequently, pricing strategies must be carefully calibrated to address varying consumer segments while ensuring sustainable market growth.
Impact of Escalating Geopolitical Tensions on India Sunscreen Market
Geopolitical tensions can have a multifaceted impact on the India Sunscreen Market. Uncertainty and instability in global relations can disrupt supply chains, leading to challenges in sourcing raw materials and components essential for sunscreen production. Additionally, fluctuating currency exchange rates and trade restrictions may affect import-export dynamics, influencing product availability and pricing. Furthermore, heightened geopolitical tensions can dampen consumer sentiment and spending, potentially reducing demand for discretionary items like sunscreen. To mitigate these impacts, sunscreen manufacturers must adapt agile supply chain strategies, monitor geopolitical developments closely, and implement effective risk management measures to navigate the evolving geopolitical landscape and sustain market resilience.
India Sunscreen Market
Segmental Coverage
India Sunscreen Market – By Formulation
By formulation, the India Sunscreen Market is divided into Cream & Lotions, Sprays, Sticks, and Gel segments. The creams & lotions segment holds the highest share in the India Sunscreen Market by formulation. It can be attributed to ease of application, versatility in catering to various skin types, and familiarity among consumers. Creams and lotions offer a convenient and familiar format for sunscreen application, making them popular choices for daily use. Additionally, advancements in formulation technologies have led to the development of lightweight and non-greasy options, addressing concerns of comfort and aesthetics. As a result, creams and lotions remain the preferred choice for sun protection among Indian consumers, contributing significantly to the segment's market leadership.
India Sunscreen Market – By Gender
On the basis of gender, the India Sunscreen Market is divided into Men, Women, and Unisex segments. The women segment holds the highest share in the India Sunscreen Market by gender. It is influenced by several factors, including greater awareness and concern for skincare among women, driven by societal norms and beauty standards. Additionally, women often prioritize skincare as part of their daily grooming routines, making sunscreen a staple product. Furthermore, the cosmetics industry actively targets and tailors marketing efforts towards women, emphasizing the importance of sun protection for maintaining youthful and radiant skin. As a result, women constitute the largest consumer base for sunscreen products in India, contributing significantly to the segment's market share leadership.
India Sunscreen Market – By Application
By application, the India Sunscreen Market is divided into Sun Protection, After Sun Products, and Tanning Products segments. The sun protection segment holds the highest share in the India Sunscreen Market by application. Sun protection products are designed primarily to shield the skin from harmful ultraviolet (UV) radiation emitted by the sun, a major cause of sunburn, premature aging, and skin cancer. People of all ages and skin types utilize these products as a fundamental precautionary measure to mitigate UV exposure and reduce the risk of skin damage and associated health concerns. Importantly, their utility extends beyond seasonal use; while crucial during summer and in sunny climates, they are indispensable throughout the year. This is because UV rays can penetrate clouds, posing risks even on cloudy days, and individuals participate in outdoor activities across all seasons, necessitating year-round use of sun protection products.
India Sunscreen Market – By Distribution Channel
By distribution channel, the India Sunscreen Market is divided into Retail Stores, Pharmacies & Drug Stores, and Online Platform segments. The pharmacies & drug stores segment holds the highest share in the India Sunscreen Market by distribution channel. Pharmacies and drug stores, conveniently located in urban and suburban areas, offer easy access to a diverse range of consumers seeking sun care products. Known for their reliability and quality in health and wellness offerings, these establishments are trusted destinations for purchasing sunscreens and related items. Moreover, customers value the expertise of pharmacists and store staff who can offer personalized guidance on selecting suitable sun care products tailored to individual skin types, sun exposure levels, and specific requirements. This personalized assistance enhances the overall shopping experience for consumers, reinforcing the role of pharmacies and drug stores as preferred destinations for acquiring sun protection products.
India Sunscreen Market – By Region
Geographically, the India Sunscreen Market is divided into North India, South India, East India, and West India regions.
Competitive Landscape
Major players operating in India Sunscreen Market include L’Oréal Paris, Beiersdorf AG, Coty Inc, Estee Lauder, Hindustan Unilever, Clarins, Shiseido, Lifevision India, Amaira Herbals. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In May 2024 - Sereko, India's pioneering psychodermatology brand, launched a 24-hour hydration sunscreen, blending skin nourishment with mental wellness benefits. This lightweight, non-greasy sunscreen is said to cater to all skin types, promoting a stress-free summer, and encouraging a balanced approach to skincare.
-
In April 2024 - Lotus Herbals launched a digital campaign for its Safe Sun UltraRx Sunscreen Serum SPF60++++, focusing on Gen Z consumers. Utilizing programmatic advertising, the brand aims to target younger, demanding consumers, showcasing the product's benefits through digital and social media platforms across India and international markets.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
By Value - USD Million |
By Volume - Tons |
|
Market Coverage |
India |
Product/ Service Segmentation |
Formulation, Gender, Application, Distribution Channel, Region |
Key Players |
L’Oréal Paris, Beiersdorf AG, Coty Inc, Estee Lauder, Hindustan Unilever, Clarins, Shiseido, Lifevision India, Amaira Herbals |
By Formulation
-
Cream & Lotions
-
Sprays
-
Sticks
-
Gels
By Gender
-
Men
-
Women
-
Unisex
By Application
-
Sun Protection
-
After Sun Products
-
Tanning Products
By Distribution Channel
-
Retail Stores
-
Pharmacies & Drug Stores
-
Online Platform
By Region
-
North India
-
South India
-
East India
-
West India
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Sunscreen Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Awareness of Sun Damage
- Growing Disposable Incomes
- Restraints
- Price Sensitivity
- Counterfeit Products
- Opportunities
- Premium and Organic Sunscreens
- Increasing innovation
- Challenges
- Misconceptions about Sunscreens
- Competition from Established Brands
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Sunscreen Market: Marketing Strategies
- India Sunscreen Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- By Volume (Tons)
- Market Share & Forecast
- By Formulation
- Cream & Lotions
- Sprays
- Sticks
- Gels
- By Gender
- Men
- Women
- Unisex
- By Application
- Sun Protection
- After Sun Products
- Tanning Products
- By Distribution Channel
- Retail Stores
- Pharmacies & Drug Stores
- Online Platform
- By Region
- North India
- South India
- East India
- West India
- By Formulation
- Market Size & Forecast, 2019–2030
- North India Sunscreen Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- By Volume (Tons)
- Market Share & Forecast
- By Formulation
- By Gender
- By Application
- By Distribution Channel
- Market Size & Forecast, 2019–2030
- South India Sunscreen Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- By Volume (Tons)
- Market Share & Forecast
- By Formulation
- By Gender
- By Application
- By Distribution Channel
- Market Size & Forecast, 2019–2030
- East India Sunscreen Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- By Volume (Tons)
- Market Share & Forecast
- By Formulation
- By Gender
- By Application
- By Distribution Channel
- Market Size & Forecast, 2019–2030
- West India Sunscreen Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- By Volume (Tons)
- Market Share & Forecast
- By Formulation
- By Gender
- By Application
- By Distribution Channel
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- India Sunscreen Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on India Sunscreen Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- L’Oréal Paris
- Beiersdorf AG
- Coty Inc
- Estee Lauder
- Amaira Herbals
- Hindustan Unilever
- Clarins
- Shiseido
- Lifevision India
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 India Sunscreen Segmentation
Figure 2 India Sunscreen Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Sunscreen Market Size, By Value (USD Million), 2019–2030
Figure 5 India Sunscreen Market Size, By Volume (Tons), 2019–2030
Figure 6 India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Figure 7 India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Figure 8 India Sunscreen Market Share, By Gender, By Value, 2019–2030
Figure 9 India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Figure 10 India Sunscreen Market Share, By Application, By Value, 2019–2030
Figure 11 India Sunscreen Market Share, By Application, By Volume, 2019–2030
Figure 12 India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Figure 13 India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Figure 14 India Sunscreen Market Share, By Region, By Value, 2019–2030
Figure 15 India Sunscreen Market Share, By Region, By Volume, 2019–2030
Figure 16 North India Sunscreen Market Size, By Value (USD Million), 2019–2030
Figure 17 North India Sunscreen Market Size, By Volume (Tons), 2019–2030
Figure 18 North India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Figure 19 North India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Figure 20 North India Sunscreen Market Share, By Gender, By Value, 2019–2030
Figure 21 North India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Figure 22 North India Sunscreen Market Share, By Application, By Value, 2019–2030
Figure 23 North India Sunscreen Market Share, By Application, By Volume, 2019–2030
Figure 24 North India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Figure 25 North India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Figure 26 South India Sunscreen Market Size, By Value (USD Million), 2019–2030
Figure 27 South India Sunscreen Market Size, By Volume (Tons), 2019–2030
Figure 28 South India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Figure 29 South India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Figure 30 South India Sunscreen Market Share, By Gender, By Value, 2019–2030
Figure 31 South India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Figure 32 South India Sunscreen Market Share, By Application, By Value, 2019–2030
Figure 33 South India Sunscreen Market Share, By Application, By Volume, 2019–2030
Figure 34 South India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Figure 35 South India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Figure 36 East India Sunscreen Market Size, By Value (USD Million), 2019–2030
Figure 37 East India Sunscreen Market Size, By Volume (Tons), 2019–2030
Figure 38 East India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Figure 39 East India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Figure 40 East India Sunscreen Market Share, By Gender, By Value, 2019–2030
Figure 41 East India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Figure 42 East India Sunscreen Market Share, By Application, By Value, 2019–2030
Figure 43 East India Sunscreen Market Share, By Application, By Volume, 2019–2030
Figure 44 East India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Figure 45 East India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Figure 46 West India Sunscreen Market Size, By Value (USD Million), 2019–2030
Figure 47 West India Sunscreen Market Size, By Volume (Tons), 2019–2030
Figure 48 West India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Figure 49 West India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Figure 50 West India Sunscreen Market Share, By Gender, By Value, 2019–2030
Figure 51 West India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Figure 52 West India Sunscreen Market Share, By Application, By Value, 2019–2030
Figure 53 West India Sunscreen Market Share, By Application, By Volume, 2019–2030
Figure 54 West India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Figure 55 West India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
List of Tables
Table 1 India Sunscreen Market Size, By Value (USD Million), 2019–2030
Table 2 India Sunscreen Market Size, By Volume (Tons), 2019–2030
Table 3 India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Table 4 India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Table 5 India Sunscreen Market Share, By Gender, By Value, 2019–2030
Table 6 India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Table 7 India Sunscreen Market Share, By Application, By Value, 2019–2030
Table 8 India Sunscreen Market Share, By Application, By Volume, 2019–2030
Table 9 India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Table 10 India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Table 11 India Sunscreen Market Share, By Region, By Value, 2019–2030
Table 12 India Sunscreen Market Share, By Region, By Volume, 2019–2030
Table 13 North India Sunscreen Market Size, By Value (USD Million), 2019–2030
Table 14 North India Sunscreen Market Size, By Volume (Tons), 2019–2030
Table 15 North India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Table 16 North India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Table 17 North India Sunscreen Market Share, By Gender, By Value, 2019–2030
Table 18 North India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Table 19 North India Sunscreen Market Share, By Application, By Value, 2019–2030
Table 20 North India Sunscreen Market Share, By Application, By Volume, 2019–2030
Table 21 North India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Table 22 North India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Table 23 South India Sunscreen Market Size, By Value (USD Million), 2019–2030
Table 24 South India Sunscreen Market Size, By Volume (Tons), 2019–2030
Table 25 South India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Table 26 South India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Table 27 South India Sunscreen Market Share, By Gender, By Value, 2019–2030
Table 28 South India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Table 29 South India Sunscreen Market Share, By Application, By Value, 2019–2030
Table 30 South India Sunscreen Market Share, By Application, By Volume, 2019–2030
Table 31 South India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Table 32 South India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Table 33 East India Sunscreen Market Size, By Value (USD Million), 2019–2030
Table 34 East India Sunscreen Market Size, By Volume (Tons), 2019–2030
Table 35 East India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Table 36 East India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Table 37 East India Sunscreen Market Share, By Gender, By Value, 2019–2030
Table 38 East India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Table 39 East India Sunscreen Market Share, By Application, By Value, 2019–2030
Table 40 East India Sunscreen Market Share, By Application, By Volume, 2019–2030
Table 41 East India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Table 42 East India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Table 43 West India Sunscreen Market Size, By Value (USD Million), 2019–2030
Table 44 West India Sunscreen Market Size, By Volume (Tons), 2019–2030
Table 45 West India Sunscreen Market Share, By Formulation, By Value, 2019–2030
Table 46 West India Sunscreen Market Share, By Formulation, By Volume, 2019–2030
Table 47 West India Sunscreen Market Share, By Gender, By Value, 2019–2030
Table 48 West India Sunscreen Market Share, By Gender, By Volume, 2019–2030
Table 49 West India Sunscreen Market Share, By Application, By Value, 2019–2030
Table 50 West India Sunscreen Market Share, By Application, By Volume, 2019–2030
Table 51 West India Sunscreen Market Share, By Distribution Channel, By Value, 2019–2030
Table 52 West India Sunscreen Market Share, By Distribution Channel, By Volume, 2019–2030
Table 53 L’Oréal Paris Company Overview
Table 54 L’Oréal Paris Financial Overview
Table 55 Beiersdorf AG Company Overview
Table 56 Beiersdorf AG Financial Overview
Table 57 Coty Inc Company Overview
Table 58 Coty Inc Financial Overview
Table 59 Estee Lauder Company Overview
Table 60 Estee Lauder Financial Overview
Table 61 Amaira Herbals Company Overview
Table 62 Amaira Herbals Financial Overview
Table 63 Hindustan Unilever Company Overview
Table 64 Hindustan Unilever Financial Overview
Table 65 Clarins Company Overview
Table 66 Clarins Financial Overview
Table 67 Shiseido Company Overview
Table 68 Shiseido Financial Overview
Table 69 Lifevision India Company Overview
Table 70 Lifevision India Financial Overview
Table 71 Other Prominent Players Company Overview
Table 72 Other Prominent Players Financial Overview
Market Segmentation
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