Mineral Sunscreen Market -North America and Europe Hold a Lion’s Share in the Global Mineral Sunscreen

Global mineral sunscreen market to register a CAGR of over 5% between 2020 and 2030.

The global mineral sunscreen market size is also progressing at a relentless pace as compared to its chemical predecessor. Known to work better than chemical sunscreen, the demand for mineral sunscreen is projected to outpace the former. Benefits such as immediate action, organic production, and no reaction to sensitive skin have garnered a special focus toward mineral sunscreens.

The rising number of travellers have been the key end users of mineral sunscreen. Beachside and hiking vacations have prompted many travellers to ensure they wear sunscreen to prevent damage to the skin. This has significantly helped the industry to boost its sales in recent years. Analysts predict that growing awareness about role of UV ray exposure in causing skin cancer is expected to boost the demand.

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.

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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 Manufacturers to Tie Up with Influencers for Branding and Advertising

Sunscreen is significantly an influencer product as they are often travellers, beauty and makeup artists, and performers. This observation has turned the branding and advertising game around for cosmetic companies in recent years.

Collaborating with influencers for videos, brand promotion, and look transformation could help companies to stay ahead of the game by saving mammoth costs associated with advertising. Adding the “cool” factor becomes easy and in many ways it simplifies the tasks of luring in young costumers through such collaborations. Thus, in the coming months and years, vendors in the global mineral sunscreen market are projected to opt for this unique style of establishing brands.

No Outdoors as COVID-19 Spreads Creates a Dark Spell for Mineral Sunscreen Sales

The colossal chaos caused by COVID-19 has led to a serious drop in the sales of mineral sunscreen. Stringent lockdowns have completely eliminated the outdoors for many. Furthermore, as many avoid stepping out to avoid chance of getting infected has resulted in massive plunge in the usage of mineral sunscreen.

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Travel bans, bans on tourist spots, and refrained sporting activity have further addled the issues for mineral sunscreen manufacturers with low sales. However, analysts anticipate that as Europe opens borders and travel resumes gradually, the demand for mineral sunscreen will gain normalcy too.

In the post-pandemic world as consumers become more and more health conscious, they are likely to invest in good skin care routines to prevent damage and premature aging. This will raise the demand for mineral sunscreen, which is an excellent option for young adults.

Future Market Insights also analyses that the intensifying K beauty trends are also expected to propel and endorse the use of sunscreen, which will create an excellent growth avenue for the market.

As e-commerce restores its supply chain the sales for mineral sunscreen will gain momentum giving consumers will have a wider variety to pick from.

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Key Segment

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
  • Oceania
  • MEA

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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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