Industry Analysis of UV Filters in East Asia

UV Filter Sales Outlook for East Asia (2023 to 2033)

Sales of ultraviolet filters in East Asia are forecasted to increase at a noteworthy 8.3% CAGR from 2023 to 2033, thereby increasing from US$ 3.2 billion in 2023 to US$ 5.71 billion by the end of 2033.

Change in the lifestyles of East Asian people is projected to be a major factor bolstering the demand for ultraviolet (UV) filters over the coming years. The growing middle-class population and their increasing willingness to spend on skincare and personal care products is opening up new opportunities for UV filter manufacturers and distributors over the next ten years. Shipments of UV filters in East Asia are projected to increase at a faster CAGR than all the other regions in the world.

• East Asia is projected to account for 18.2% share of global UV filter sales in 2033 with a volume of 240,365 tons.

Report Attributes	Details
UV Filter Sales in East Asia (2023)	US$ 3.2 Billion
Projected Sales (2033F)	US$ 5.71 Billion
Demand Growth (2023 to 2033)	8.3% CAGR
Sales Volume in Japan (2033F)	46,455.4 Tons
Sales Growth in China (2023 to 2033)	9.2% CAGR
East Asia Share of Global Sales (2033)	18.2%
SPF 15 to 30 UV Filter Demand Growth (2023 to 2033)	8.5% CAGR
Key Companies Profiled	BASF Croda Evonik Industries Dow Lonza Kobo Products Shin-Etsu Chemical Sumitomo Chemical Eastman Chemical DSM Solvay

Which Factors are Pushing UV Filter Sales in East Asian Countries?

“Evolving Beauty Standards and Rising Consumer Spending on Skincare”

Beauty standards in East Asian countries have been traditionally very different from the rest of the world but as the influence of the West and globalization increase, they are influencing beauty standards as well. The aforementioned factor is projected to be a major catalyst for UV filter demand in countries such as China, Japan, and South Korea through 2033.

Growing awareness regarding skin diseases such as melanoma and other issues caused by exposure to harmful ultraviolet rays is also pushing consumers to spend more on sun care products with UV filters over the coming years. Learn more about growth-augmenting aspects such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study for UV filters by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

UV filter providers need to come up with specialized strategies for East Asian countries such as China and South Korea to rake in huge profits in the long run.

What Makes South Korea a Favourite Destination for UV Filter Suppliers?

“High Popularity of K-Beauty Trends and K-Beauty Products”

Korean skincare has witnessed a major boom in popularity in recent years owing to the high popularity of K-Pop and K-Dramas around the world. The government of South Korea is trying to capitalize on these opportunities by launching supportive initiatives for start-ups and encouraging local businesses to export their products on a global scale.

• In June 2023, the Ministry of SMEs and Start-ups of South Korea collaborated with French multinational personal care giant, L’Oreal to start a start-up incubation program for beauty technology start-ups in South Korea.
• Sales of ultraviolet filters in South Korea are set to increase at a CAGR of 4.4% and reach US$ 671.7 million by the end of the study period (2023 to 2033).

Why is China a Profitable Market for Producers of UV Filters?

“Shift In Consumer Behavior and Growing Disposable Income”

The disposable income of people in China has increased in recent years and this has influentially affected consumer behavior in the country. The rising importance of skin health in the country is pushing consumers to apply sunscreens and other skin products even in winter thereby boosting sales of UV filters as well.

• UV filter sales volume in China, which currently stands at 65,309.5 tons, is projected to increase at a stellar 9.6% CAGR over the next ten years.

Increasing influence of Western culture and changing beauty standards are also projected to contribute to the surging demand for UV filters in China going forward. Growing awareness regarding skin diseases such as melanoma could also bolster UV filter shipments in the country across the study period.

Category-wise Insights

UV filter suppliers should focus on providing organic UV filters with a 15 to 30 SPF range for East Asian countries in the future.

What’s Compelling More People to Buy Products with Organic UV Filters?

“Little to No Side Effects of Organic UV Filters Driving Their Popularity”

More people than ever before are conscious about what are their products made from and this is one of the major factors driving sales of organic UV filters not just in the East Asian region but across the world. Increasing awareness regarding the side effects of chemicals and the availability of organic products with minimal to no side effects are increasing the desirability of organic UV filters among consumers.

• Organic UV filter sales in East Asia currently account for a volume of 77,154.9 tons and are forecasted to reach a market valuation of US$ 5.43 billion by 2033-end.

UV Filters of Which SPF Range are Most Sought After?

“SPF 15 to 30 UV Filters Account for Leading Share of Product Sales”

Versatility and effectiveness of UV filters in the SPF 15 to 30 range are unmatched and are kind of perfect for East Asian consumers as they are not subjected to extreme UV rays that require higher SPF protection. Also, the difference in the amount of protection offered by SPF 30+ products is minimal and heavier on wallets, which is why consumers prefer to opt for products in the SPF range of 15 to 30.

• UV filters with an SPF range of 15 to 30 currently account for a sales volume of 40,571.6 tons in East Asia.

Competitive Landscape

Cheap labor and the high availability of raw materials in China have made it a manufacturing hub for different products, which is attracting ultraviolet filter manufacturers to set up their production facilities in the country.

• In September 2023, BASF, a German chemical company and a renowned supplier of UV filters, announced that its new production line for UV filters has started production. The facility situated in Jinshan, China, is part of BASF’s efforts to satisfy the rising demand for personal care ingredients in the Asian region.

East Asia UV Filter Study Segmentation

• 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

• 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 Country :

  • China
  • Japan
  • South Korea