Mineral Sunscreen Market 2021 Size, Growth Analysis Report, Forecast to 2030

Published : 3 years ago, on 14/07/2021

The growth of Mineral sunscreen market has also been worthy of study as its demand seems to be based on a growing number of influencers promoting specific brands. For the same reason, brands are expected to tie up with established social media influencers to build consumer base in the coming years. FMI predicts that global mineral sunscreen market will be worth US$ 1.8 Bn by 2030, registering a CAGR of 5% during the forecast period.

“Mineral sunscreen are expected to remain in high demand as end users realise its benefits over chemical ones. Strengthening trend of organic skin care and using natural products to reduce the effects of aging is expected to boost the demand for this product in the coming decade” says an analyst at FMI. 

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Key Takeaways: Mineral Sunscreen Market

• Travellers to generate bullish demand for sunscreen as beach vacations cause prolonged exposure to sun
• Higher awareness about skincare amongst men to add male consumers to the sales of mineral sunscreen
• Organic mineral sunscreen to remain key product as organic skincare trend intensifies
• Mineral sunscreens between SPF 30 to SPF 40 to remain in consistent demand
• South Asia and Pacific to offer fertile growth grounds as Generation Z and Millennials focus on improved lifestyle involving diligent skincare routines

Mineral Sunscreen – Key Trends

• Adoption of the latest technologies such as collaboration tools and mobile applications drives market growth.
• Expanding government budgets to adopt digitalization, speeding up the expansion of the digital risk protection platform market
• The need for dynamic security solutions by business entities is escalating the need for the digital risk protection platform market.
• Analysis of attack patterns and early detection to minimize risk to system privacy, identity, data, and integrity open up impressive growth prospects.

Mineral Sunscreen – Competitive Landscape

The global mineral sunscreen market is quite fragmented due to large number of players and constant entry of local players. This has significantly intensified the competition in the market over the last few years. However, companies are trying to balance the price of the product and its quality to remain relevant and to increase profit margins.

Some of the key players operating in the global mineral sunscreen market are:

• New Avon Company
• EltaMD, Inc.
• Sun Bum
• Johnson & Johnson Consumer Inc.
• La Roche-Posay
• Avalon Natural Products, Inc.
• J&JCI
• Australian Gold LLC
• Edgewell
• Goddess Garden
• Coppertone
• Neutrogena
• Drunk Elephant
• BeautyCounter

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Mineral Sunscreen – Taxonomy

Skin Type

• Dry
• Oily
• Sensitive
• Upright/Non-Portable garment steamer

Sun Protection Factor

• Up to 29 SPF
• 30 SPF – 49 SPF
• 50 SPF – 69 SPF
• 70 SPF and more

Consumer Orientation

• Male
• Female
• Unisex

Nature

• Natural
• Organic
• Synthetic

Price Range

• Economy/ Mid-Range
• Premium

Age

• Adult
• Children

Sales Channel

• Direct
• Indirect
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Independent Small Stores
  • Discounted Stores
  • Online Sales Channel
  • Others

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East & Africa
• Oceania

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Get Valuable Insights into the Mineral Sunscreen Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global mineral sunscreen market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the mineral sunscreen market based on sun protection factor (up to 29 SPF, 30 SPF to 49 SPF, 50 SPF to 69 SPF, 70 SPF and more), by consumer orientation (male, female, and unisex), by nature economic, mid-range, and premium, by age (adult and children), by sales channel (company owned portal, e-commerce, hypermarkets/supermarkets, specialty stores, discount stores, departmental stores, independent stores, pharmaceutical and drug stores),  by region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa).

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