Report Overview

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

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Sunscreen Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Awareness of Sun Damage
         2. Growing Disposable Incomes
      2. Restraints
         1. Price Sensitivity
         2. Counterfeit Products
      3. Opportunities
         1. Premium and Organic Sunscreens
         2. Increasing innovation
      4. Challenges
         1. Misconceptions about Sunscreens
         2. Competition from Established Brands
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Sunscreen Market: Marketing Strategies
5. India Sunscreen Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Tons)
   2. Market Share & Forecast
      1. By Formulation
         1. Cream & Lotions
         2. Sprays
         3. Sticks
         4. Gels
      2. By Gender
         1. Men
         2. Women
         3. Unisex
      3. By Application
         1. Sun Protection
         2. After Sun Products
         3. Tanning Products
      4. By Distribution Channel
         1. Retail Stores
         2. Pharmacies & Drug Stores
         3. Online Platform
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
6. North India Sunscreen Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Tons)
   2. Market Share & Forecast
      1. By Formulation
      2. By Gender
      3. By Application
      4. By Distribution Channel
7. South India Sunscreen Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Tons)
   2. Market Share & Forecast
      1. By Formulation
      2. By Gender
      3. By Application
      4. By Distribution Channel
8. East India Sunscreen Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Tons)
   2. Market Share & Forecast
      1. By Formulation
      2. By Gender
      3. By Application
      4. By Distribution Channel
9. West India Sunscreen Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Tons)
   2. Market Share & Forecast
      1. By Formulation
      2. By Gender
      3. By Application
      4. By Distribution Channel
10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Sunscreen Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Sunscreen Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. L’Oréal Paris
    2. Beiersdorf AG
    3. Coty Inc
    4. Estee Lauder
    5. Amaira Herbals
    6. Hindustan Unilever
    7. Clarins
    8. Shiseido
    9. Lifevision India
    10. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*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