About Mineral Sunscreen
Today customers are becoming frequently aware of the prolonged impacts of UVA & UVB rays on the skin and hence, concentration for broad-spectrum protective sunscreen is on the rise. Mineral sunscreen is a type of sunscreen that utilises minerals as its main active ingredients, zinc oxide and titanium dioxide are the most often used minerals. These ingredients occur naturally, although they can be created synthetically it is most often used is it provide a physical barrier between skin and sun rays. The millions of tiny mirrors resting on the surface of the skin, bouncing away harmful UV rays.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Mineral Sunscreen market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Estee Lauder (United States), ISDIN (Spain), LOreal (France), Avene (United States), Coola (United States), Jan Marini (United States), Colorescience(United States), Supergoop (United States) and Sun Bum (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Johnson & Johnson Consumer Inc. (United States), La Roche-Posay(United States), Avalon Natural Products, Inc. (United States) and Australian Gold LLC(United States).
Segmentation Overview
AMA Research has segmented the market of Global Mineral Sunscreen market by , Application (General People and Children and Pregnant Women) and Region.
On the basis of geography, the market of Mineral Sunscreen has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural will boost the Mineral Sunscreen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Skin Type, the sub-segment i.e. Dry will boost the Mineral Sunscreen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range, the sub-segment i.e. Economy/ Mid-Range will boost the Mineral Sunscreen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Gel will boost the Mineral Sunscreen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Protection Factor, the sub-segment i.e. Up to 29 SPF will boost the Mineral Sunscreen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise Preference for Organic Products
Market Growth Drivers:
Increasing adoption of the sunscreen for babies, Increasing awareness regarding personal health and Increasing preference for mineral sunscreen over the ordinary or chemical sunscreen
Challenges:
Key competition between manufacturers
Restraints:
High cost associated with products
Opportunities:
Emerging demand from the developing regions for mineral sunscreen products
Market Leaders and their expansionary development strategies
In September 2023, BASF introduced the new sunscreen component TinomaxTM CC. The recently introduced TinomaxTM CC provides a significant sensory enhancement, which is intended for skin and sun care formulations and has a uniform particle shape. It comes in the form of an off-white powder and works by using light birefringence to increase UV protection with SPF and UVA.
In June 2020 RSH Global Private limited an Indian personal care company, under the aegis of its brand Joy, announced the launch of new Joy Mineral Sunscreen with natural chemical-free SPF. Additionally, Joy also signed digital sensation, Mithila Palkar as its brand ambassador for the Sunscreen category.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Mineral Sunscreen Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.