Scope of the Study
Sunscreens contain metal oxide nanoparticles such as zinc oxide and titanium dioxide appear transparent on the skin and provide protection against sunburn caused by UV radiation. The physical compounds like titanium dioxide and zinc oxide that are used in sunscreen reflect, scatter, and absorb both UVA and UVB rays. These ingredients are produced through chemical processes, usually do not cause allergic reactions. With the help of new technology, the particle sizes of zinc oxide and titanium dioxide have been reduced which make them more transparent without losing their ability to screen UV. In order to solve the cosmetic drawback of the opaque sunscreens, microsized TiO2 and ZnO have been gradually replaced by TiO2 and ZnO nanoparticles (NPs) (<100 nm).
The market study is being classified, by Application (Redness and Rosacea, Sun Damage and Wrinkles, Acne-Prone Skin and Others) and major geographies with country level break-up.
L'Oréal S.A (France), ISDIN (Spain), Johnson and Johnson (United States), Skinceuticals (United States), Supergoop (United States), Revlon, Inc. (United States), EltaMD (United States), Sun Bum (United States), Coola (united States) and R&R Lotion (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Vizor LLC (United States) and W.S. Badger Company (United States).
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. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Zinc Oxide Sunscreen market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Zinc Oxide Sunscreen market by Type, Application and Region.
On the basis of geography, the market of Zinc Oxide 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Cosmetic Products across the World
- Growth in Urbanization coupled with Increased Disposable Incomes
Market Trend
- Rising Awareness towards Skin Care with Advanced Premium Skin Care Products
- The Growing Trend towards Youthful Appearance
Restraints
- The Increasing Concern Related to the Side Effects
Opportunities
- Upsurging Product Innovations in the Personal Care Industry to address Ageing-Related Issues
- Growing Focus towards Male-Specific Cosmetics
Challenges
- Limited Shelf Life of Skin Care Cosmetics
FDA Proposes Sunscreen Regulation Changes: Two ingredients (zinc oxide and titanium dioxide) are proposed to be safe and e¬ective for sunscreen use and two (aminobenzoic acid (PABA) and trolamine salicylate) are proposed as not safe and e¬ective for sunscreen use. FDA proposes that it needs more safety information for the remaining 12 sunscreen ingredients (cinoxate, dioxybenzone, ensulizole, homosalate, meradimate, octinoxate, octisalate, octocrylene, padimate O, sulisobenzone, oxybenzone, avobenzone). and Label requirements - Include alphabetical listing of active ingredients on the front panel, require sunscreens with SPF below 15 to include Skin Cancer/ Skin Aging alert on the front panel, require font and placement changes to ensure SPF, broad-spectrum, and water resistance statements stand out.
Key Target Audience
Manufacturers of Zinc Oxide Sunscreen, Suppliers of Zinc Oxide Sunscreen, Wholesalers, Distributors and Retailers of Sunscreen, Cosmetic Industry, Regulatory Bodies and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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