PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500712
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500712
India Sunscreen Market, By Formulation; By Gender; By Application; By Distribution Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Sunscreen Market Size Booming at Significant CAGR of More Than 7% to Surpass Value of USD 1.25 Billion & Volume of 984 Tons by 2030
India Sunscreen Market is flourishing due to the growing awareness about the benefits of sunscreen against skin damage and other diseases and growing disposable income among the expanding middle class in the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Sunscreen Market size by value at USD 879.12 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Sunscreen Market size to expand at a CAGR of 7.15% reaching a value of USD 1,256.76 million by 2030. The Sunscreen Market in India is propelled by the rising awareness about 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, BlueWeave estimated the India Sunscreen Market size at 864.2 tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Sunscreen Market size by volume 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, satisfies 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 sustained market expansion.
Opportunity - Launch of innovative sunscreen products
A notable trend in the sunscreen industry is the shift towards eco-friendly and coral reef-safe formulations. Responding to concerns over conventional sunscreens' impact on marine life, many companies are introducing formulas with less harmful ingredients. These sunscreen products are gaining popularity, especially in regions where coral reefs are protected by strict regulations. Additionally, consumers increasingly seek sunscreens offering skincare benefits beyond UV protection, such as hydration, anti-aging properties, and antioxidants. Consequently, manufacturers are investing in research and development programs to create multipurpose sun care solutions that meet these evolving consumer demands. This reflects a growing focus on both environmental responsibility and holistic skincare in the sun care market.
Impact of Escalating Geopolitical Tensions on India Sunscreen Market
Geopolitical tensions can have a multifaceted impact on the India Sunscreen Market. Uncertainties 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 Information
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.
Competitive Landscape
The India Sunscreen Market is fragmented, with numerous players serving the market. The key players dominating the India Sunscreen Market include L'Oreal Paris, Beiersdorf AG, Coty Inc, Estee Lauder, Hindustan Unilever, Clarins, Shiseido, Lifevision India, and Amaira Herbals. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Sunscreen Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Sunscreen Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Sunscreen Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Awareness of Sun Damage
- 3.2.1.2. Growing Disposable Incomes
- 3.2.2. Restraints
- 3.2.2.1. Price Sensitivity
- 3.2.2.2. Counterfeit Products
- 3.2.3. Opportunities
- 3.2.3.1. Premium and Organic Sunscreens
- 3.2.3.2. Increasing innovation
- 3.2.4. Challenges
- 3.2.4.1. Misconceptions about Sunscreens
- 3.2.4.2. Competition from Established Brands
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Sunscreen Market: Marketing Strategies
5. India Sunscreen Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
- 5.1.2. By Volume (Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Formulation
- 5.2.1.1. Cream & Lotions
- 5.2.1.2. Sprays
- 5.2.1.3. Sticks
- 5.2.1.4. Gels
- 5.2.2. By Gender
- 5.2.2.1. Men
- 5.2.2.2. Women
- 5.2.2.3. Unisex
- 5.2.3. By Application
- 5.2.3.1. Sun Protection
- 5.2.3.2. After Sun Products
- 5.2.3.3. Tanning Products
- 5.2.4. By Distribution Channel
- 5.2.4.1. Retail Stores
- 5.2.4.2. Pharmacies & Drug Stores
- 5.2.4.3. Online Platform
- 5.2.5. By Region
- 5.2.5.1. North India
- 5.2.5.2. South India
- 5.2.5.3. East India
- 5.2.5.4. West India
- 5.2.1. By Formulation
6. North India Sunscreen Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.1.2. By Volume (Tons)
- 6.2. Market Share & Forecast
- 6.2.1. By Formulation
- 6.2.2. By Gender
- 6.2.3. By Application
- 6.2.4. By Distribution Channel
7. South India Sunscreen Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.1.2. By Volume (Tons)
- 7.2. Market Share & Forecast
- 7.2.1. By Formulation
- 7.2.2. By Gender
- 7.2.3. By Application
- 7.2.4. By Distribution Channel
8. East India Sunscreen Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.1.2. By Volume (Tons)
- 8.2. Market Share & Forecast
- 8.2.1. By Formulation
- 8.2.2. By Gender
- 8.2.3. By Application
- 8.2.4. By Distribution Channel
9. West India Sunscreen Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.1.2. By Volume (Tons)
- 9.2. Market Share & Forecast
- 9.2.1. By Formulation
- 9.2.2. By Gender
- 9.2.3. By Application
- 9.2.4. By Distribution Channel
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Sunscreen Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. 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)
- 12.1. L'Oreal Paris
- 12.2. Beiersdorf AG
- 12.3. Coty Inc
- 12.4. Estee Lauder
- 12.5. Amaira Herbals
- 12.6. Hindustan Unilever
- 12.7. Clarins
- 12.8. Shiseido
- 12.9. Lifevision India
- 12.10. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. 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'Oreal Paris Company Overview
- Table 54 L'Oreal 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
