The global mineral sunscreen market has seen significant growth in recent years, reaching an approximate value of USD 1.33 billion in 2023. This market is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2032, reaching USD 2.11 billion by 2032. This blog explores the key trends, market analysis, consumer segments, regional insights, and competitive landscape of the mineral sunscreen market.
Key Trends in the Mineral Sunscreen Market
Mineral sunscreen, also known as physical sunscreen or blocker, is gaining popularity due to its natural active ingredients, typically zinc oxide and titanium dioxide. These ingredients act as a barrier, reflecting harmful ultraviolet (UV) rays away from the skin. The growing awareness of skin health and environmental sustainability has made mineral sunscreens a preferred choice for many consumers.
Increasing Outdoor Activities
The rise in outdoor activities such as hiking, sports, and cycling, especially among the youth, is a significant trend driving the demand for mineral sunscreen. These activities increase exposure to UV rays, necessitating effective sun protection.
Variety in Product Offerings
Consumers now have access to a wide range of mineral sunscreens tailored to different skin types and preferences. This variety includes sunscreens with different active ingredients and at various price points, catering to a broad audience.
Awareness of UV Risks
There is a growing awareness of the health risks associated with UV exposure, such as premature aging and skin cancer. Mineral sunscreens offer effective protection against these risks, boosting their demand.
Mineral Sunscreen Market Analysis
The mineral sunscreen market is segmented based on product type, skin type, price range, sun protection factor (SPF), consumer group, distribution channel, and region.
Product Type
- Cream
- Lotion
- Gel
- Others
Skin Type
- Sensitive
- Normal
- Dry
- Oily
- Combination
Price Range
- Low
- Medium
- High
Sun Protection Factor (SPF)
- Up to 29 SPF
- 30 SPF - 49 SPF
- 50 SPF - 69 SPF
- 70 SPF and above
Consumer Group
- Men
- Women
- Unisex
Distribution Channel
- Online
- Offline
Regional Segmentation
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The market is competitive, with several key players making significant contributions. These include:
- The Avon Company
- CP Skin Health Group, Inc.
- Sun Bum LLC
- Johnson & Johnson Consumer Inc
- L’Oréal S.A.
- Goddess Garden, LLC
- Beiersdorf AG
- Coola LLC
- The Estée Lauder Companies Inc.
- Colorescience, Inc.
Market Share by Consumer Type
Women Consumers
Women account for a sizable share of the mineral sunscreen market. Advertising campaigns often target female consumers with products offering anti-aging and other skincare benefits. Women are typically more proactive about skin protection and are willing to invest in new skincare products.
Men Consumers
The men’s segment is also growing as more men become conscious of their skincare routines. With a significant number of men participating in outdoor sports and activities, the demand for mineral sunscreen in this group is increasing.
Regional Insights
North America
North America is expected to hold a substantial share of the mineral sunscreen market during the forecast period. The region’s temperate climate and outdoor sports culture drive the demand for effective sun protection products. The increasing prevalence of sun-induced skin conditions further boosts the market.
Europe
Europe follows closely with a growing consumer base that is becoming more aware of the benefits of mineral sunscreens. The region’s emphasis on skincare and environmental sustainability supports market growth.
Asia Pacific
The Asia Pacific region is witnessing rapid market expansion due to increasing disposable incomes and growing awareness of skincare benefits. The rising popularity of outdoor activities and a burgeoning middle class contribute to the market's growth.
Latin America and Middle East & Africa
These regions are also experiencing growth, albeit at a slower pace. The increasing urbanization and rising awareness about the harmful effects of UV radiation are driving the demand for mineral sunscreens.
Competitive Landscape
The Avon Company
Founded in 1886, Avon is a multinational company based in London, United Kingdom. It specializes in beauty, skincare, personal care, and fragrance products. Avon’s extensive product portfolio and global reach make it a significant player in the mineral sunscreen market.
Sun Bum LLC
Established in 2010 in California, USA, Sun Bum LLC focuses on creating high-quality sun care products. The company’s commitment to producing effective sun protection products has earned it a loyal customer base worldwide.
Goddess Garden LLC
Founded in 2004 and headquartered in Colorado, USA, Goddess Garden LLC manufactures and markets organic and naturally prepared mineral sunscreens. The company’s product range includes lip balms, essential oils, and vegan skincare products, highlighting its dedication to natural ingredients and sustainability.
Other Key Players
Other notable players in the market include CP Skin Health Group, Inc., Johnson & Johnson Consumer Inc, L’Oréal S.A., Beiersdorf AG, Coola LLC, The Estée Lauder Companies Inc., and Colorescience, Inc. These companies are continuously innovating and expanding their product lines to meet the growing demand for mineral sunscreens.
Conclusion
The global mineral sunscreen market is poised for significant growth, driven by increasing outdoor activities, a variety of product offerings, and rising awareness of the health risks associated with UV exposure. With key players innovating and expanding their product lines, the market is set to reach new heights by 2032. As consumers continue to prioritize skin health and environmental sustainability, mineral sunscreens will remain a popular choice in the sun care industry.
FAQs
What is mineral sunscreen?
Mineral sunscreen, also known as physical sunscreen, uses natural minerals like zinc oxide and titanium dioxide to reflect UV rays away from the skin.
Why is mineral sunscreen gaining popularity?
Mineral sunscreen is gaining popularity due to its effectiveness in protecting against UV rays, suitability for various skin types, and environmentally friendly ingredients.
What are the key trends in the mineral sunscreen market?
Key trends include the rise in outdoor activities, the availability of various product types, and increasing awareness of the risks associated with UV exposure.
Which regions hold the largest share in the mineral sunscreen market?
North America is anticipated to hold the largest share, followed by Europe and the Asia Pacific region.
Who are the major players in the mineral sunscreen market?
Major players include The Avon Company, Sun Bum LLC, Goddess Garden LLC, CP Skin Health Group, Inc., Johnson & Johnson Consumer Inc, L’Oréal S.A., Beiersdorf AG, Coola LLC, The Estée Lauder Companies Inc., and Colorescience, Inc.
