Market Insights Consumer Beauty & Personal Care Skin Care

Sun Protection - Worldwide

Worldwide

The Sun Protection market worldwide generated a revenue of US$11.52bn in 2024.
It is projected to experience an annual growth rate of 4.14% (CAGR 2024-2028).
Among all countries, in the United States leads in terms of revenue, generating US$2,054m in 2024.
When considering the total population, the per person revenue in 2024 amounts to US$1.49.
Despite its reputation for rainy weather, the United Kingdom is experiencing a surge in demand for sun protection products, as its citizens become increasingly aware of the importance of protecting their skin from harmful UV rays.

Key regions: India, Singapore, Indonesia, Malaysia, United Kingdom

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.