UV Filter Market
UV Filter Market Analysis by Creams, Gels, Lotions, Powder, Wipes, and Sprays from 2023 to 2033
Analysis of UV Filter Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
UV Filter Market Outlook (2023 to 2033)
The global UV filter market is forecasted to rise at a steady 5.7% CAGR from 2023 to 2033. As a result, worldwide UV filter sales are projected to increase from US$ 17.86 billion in 2023 and reach US$ 31.23 billion by the end of 2033.
UV filters or ultraviolet filters are special chemicals added to sunscreens to block the UV radiation from the sun. UV filters are also used in other products such as plastics and furniture finishes to protect them from degradation due to UV exposure.
Loss of the ozone layer in certain parts of the world and climate change have critically contributed to increased exposure to harmful UV radiation from the sun thereby promoting sales of UV filters to help people shield themselves from the adverse effects of the aforementioned radiation. Increasing awareness regarding skin diseases such as melanoma is also forecasted to favor UV filter shipments going forward.
Growing demand for sun care products and rising awareness regarding the benefits of UV filters on skin are also predicted to bolster UV filter market development in the long run. Surging use of organic UV filters in different personal care and cosmetics formulations is also slated to open up new avenues of opportunities for UV filter distributors in the future.
- UV filters of SPF 15 to 30 range are forecasted to dominate the global market in terms of revenue and reach a market valuation of US$ 15.44 billion by 2033.
On the contrary, stringent government mandates regarding the use of UV filters around the world are projected to constrain UV filter market growth scope over the coming years.
| Report Attributes | Details |
|---|---|
| UV Filter Market Size (2023) | US$ 17.86 Billion |
| Projected Market Value (2033F) | US$ 31.23 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.7% CAGR |
| East Asia Market Value (2033) | US$ 5.71 Billion |
| Sales Volume of Creams (2023) | 372,842.5 Tons |
| North America Market Share (2023) | 33.6% |
| Key Companies Profiled |
|
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Why is Innovation Essential in the UV Filter Business?
“Rising Awareness Regarding Hazardous Effects of UV Filters on Environment”
Ultraviolet filters are rapidly absorbed by the human skin and rather quickly in the bloodstream of humans, which could interfere with the endocrine system and cause health issues. Some studies show that UV filters are bioaccumulating in the body as they have been detected in urine and breast milk samples of some people.
Coral bleaching is also a major side effect of the use of inorganic and toxic UV filters that could impede market growth to a certain extent as the focus on sustainability and environmental conservation rises. This is why UV filter manufacturers should invest in the R&D of novel UV filters that are effective as well as safe for the environment and humans alike. UV filter start-ups can make hefty profits if they come up with innovative UV filters that solve all the issues associated with traditional UV filters.
Start-ups can learn more about aspects such as local supply, pricing trends, product standards, safety regulations, and new developments in this UV filter market research analysis by skilled analysts at Fact.MR, a market research and competitive intelligence provider, to get a comprehensive understanding of the current and forecasted market scenario.
Country-wise Insights
India, Australia, Germany, Brazil, China, New Zealand, and the United States are forecasted to be highly opportune spaces for UV filter manufacturers and suppliers across the forecast period and beyond.
Why are UV Filter Suppliers Attracted to Australia and New Zealand?
“High Incidence of Skin Cancer and Other Skin Diseases”
| Attribute | Australia & New Zealand |
|---|---|
| Market Value (2023E) | US$ 90.5 Million |
| Growth Rate (2023 to 2033) | 4.4% CAGR |
| Projected Value (2033F) | US$ 140.1 Million |
Australia leads the world in terms of skin cancer incidence and is followed by New Zealand for the same. High levels of UV radiation in these countries around the year have influentially contributed to this massive prevalence of skin cancer. More people are opting for sun care products and sunscreens made with UV filters to protect themselves from the harmful radiation of the sun and this is what makes these countries highly opportune for UV filter vendors.
Australian sunscreens have to comply with stringent regulatory mandates and pass rigorous testing to get approved and this is why they are popular all over the world. Australian sun care brands are focusing on expanding their business in different parts of the world to capitalize on the popularity of their sunscreens.
- Naked Sundays, a popular provider of SPF products based in Australia launched its products in the United States in 2022. The brand offers 100% vegan mineral sunscreens, and SPF50+ Hydrating Glow Mist to apply over makeup.
Will Germany Be a Lucrative Market for UV Filter Manufacturers?
“Rising Per Capita Spending on Personal Care Offering Market Growth Scope”
| Attribute | Germany |
|---|---|
| Market Value (2023E) | US$ 944.9 Million |
| Growth Rate (2023 to 2033) | 6.5% CAGR |
| Projected Value (2033F) | US$ 1.77 Billion |
The number of high-net-worth individuals as well as the disposable income of people have increased in Germany over the past few years, which is projected to favor sales of UV filters in the country going forward. The increasing willingness of consumers to spend on premium personal care is also creating new opportunities for UV filter suppliers across the study period.
Innovative marketing techniques to advertise the benefits of products with UV filters and recommendations of medical professionals to use sun care products are also slated to play a crucial role in promoting the demand for UV filters in Germany through 2033.
What Makes the United States a Highly Profitable Market?
“Increasing Aging Population Catalyzing UV Filter Demand”
| Attribute | United States |
|---|---|
| Market Value (2023E) | US$ 5.39 Billion |
| Growth Rate (2023 to 2033) | 6.1% CAGR |
| Projected Value (2033F) | US$ 9.8 Billion |
The United States has a prominent geriatric population who is willing to spend on anti-aging products that utilize UV filters thereby promoting market growth. High availability of different types of cosmetics and personal care products with UV filters is also predicted to benefit market growth in the United States over the next ten years.
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Category-wise Insights
UV filter suppliers are focusing on supplying organic UV filters to meet the soaring demand for natural ingredients in different cosmetics and personal care formulations.
Which Type of UV Filter is Most Sought After?
“Organic UV Filters to Rake in Most Profits for Market Players”
| Attribute | Organic |
|---|---|
| Segment Value (2023E) | US$ 13.37 Billion |
| Growth Rate (2023 to 2033) | 6.5% CAGR |
| Projected Value (2033F) | US$ 25.11 Billion |
Organic UV filter consumption is projected to lead the global revenue generation charge across the forecast period and this can be attributed to high demand for clean label and natural products all over the world. The rising inclination of consumers towards 100% organic and natural personal care products is slated to uplift sales of organic UV filters over the next ten years and beyond.
- Dibenzoyl derivatives are the most widely used organic UV filters on a global level and are forecasted to hold a demand volume of 225,504.6 tons by 2033-end.
Competitive Landscape
UV filter companies are focusing on creating and launching innovative new filters to bolster their sales potential and gain a competitive advantage over other UV filter brands in the future.
- In March 2023, Royal DSM, a Dutch multinational organization, announced the launch of a new UVA filter that also provides good SPF protection. Parsol DHHB (Diethylamino hydroxybenzoyl hexyl benzoate) allowed companies to create multi-functional products with adequate UV protection.
- In October 2022, Symrise, a renowned provider of active ingredients and raw materials, announced the launch of a new UVB filter. The Neo Heliopan EHT (Ethylhexyl Triazone) filter is suitable for water-resistant and high-SPF protection applications as consumers demand modern and effective sun care products.
UV filter manufacturers are also emphasizing expanding their production capacity to meet the surging demand for UV filters across the world.
- BASF, a renowned chemicals and material supplier, announced the start of production at its new plant for UV filters in September 2023 located in Jinshan, China. The move was to strengthen the supply chain for personal care ingredients in the Asian region.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments Covered in UV Filter Market Research
-
By Type :
- Organic
- PABA
- Salicylates
- Cinnamates
- Benzophenones
- Triazine & Triazole Derivatives
- Dibenzoyl Derivatives
- Benzimidazole Sulfonic Acid Derivatives
- Camphor Derivatives
- Anthranilates
- Polysilicone-15
- Inorganic
- Titanium Dioxide
- Zinc Oxide
- Organic
-
By SPF :
- SPF 6 to 14
- SPF 15 to 30
- SPF 31 to 50
- SPF 50+
-
By Formulation :
- Creams
- Gels
- Lotions
- Powder
- Wipes
- Sprays
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
- FAQs -
What is the UV filter market size in 2023?
The global UV filter market stands at a value of US$ 17.86 billion in 2023.
How much will UV filter demand reach by the end of 2033?
UV filter sales are forecasted to reach US$ 31.23 billion by 2033-end.
What is the forecast for UV filter sales over the decade?
Sales of UV filters are set to increase at 5.7% CAGR over the next ten years.
Which is the most commonly used UV filter type?
Organic UV filters are used the most and are projected to exhibit demand growth at 6.5% CAGR through 2033.
Which region holds a prominent revenue share?
North America accounts for 33.6% share of the global market in 2023.
Who are the prime UV filter suppliers?
DSM, Ashland, Croda International Plc, BASF, Clariant AG, SUNJIN BEAUTY SCIENCE Co. Ltd., and Symrise are leading companies in the market.
UV Filter Market