img

Global Physical Sunscreen Market Size By Type of Mineral Filters, By Application Methods, By Distribution Channels, By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Physical Sunscreen Market Size By Type of Mineral Filters, By Application Methods, By Distribution Channels, By Geographic Scope And Forecast

Physical Sunscreen Market Size And Forecast

Physical Sunscreen Market size was valued at USD 2168.33 Million in 2023 and is projected to reach USD 2827.00 Million by 2030, growing at a CAGR of 4.52% during the forecast period 2024-2030.

Global Physical Sunscreen Market Drivers

The market for physical sunscreen is expanding and in demand because of a number of variables that affect customer preferences and awareness of sun protection. The following are some major factors driving the market for physical sunscreens

  • Raising Knowledge About Sun Protection Physical sunscreens are becoming more and more popular as a result of growing knowledge of the damaging effects of UV radiation on skin and the need for sun protection measures.
  • Growing Fears Regarding Skin Cancer To lower the risk of UV-induced skin damage, consumers are adopting preventative measures including regular use of physical sunscreens, in response to the increased incidence of skin cancer and other sun-related skin problems.
  • Preference for Products Based on Natural and Mineral Sources Natural and mineral-based skincare products are becoming more and more popular. Minerals like zinc oxide and titanium dioxide found in physical sunscreens suit this desire for natural and safe components.
  • An increase in outdoor recreation Effective sun protection is becoming more and more important as outdoor recreational activities grow. Physical sunscreens are appropriate for a variety of outdoor activities and provide instant protection after application.
  • Chemical Sensitivity of Sunscreen Ingredients Certain people could be allergic to or sensitive to the chemicals in sunscreen. Because they are mineral-based, physical sunscreens are frequently advised for people with sensitive skin or certain allergies.
  • Need for Wide-Spectrum Defense Broad-spectrum UVA and UVB protection is offered by physical sunscreens. Physical sunscreens are popular because of the need for all-encompassing UV protection.
  • Growth in the Beauty and Skincare Sector The Physical Sunscreen Market is impacted by the broader expansion of the skincare and cosmetics industries since customers are incorporating sun protection into their regular skincare routines more and more.
  • Impact of Dermatologist Suggestions Because physical sunscreens are gentle and effective, dermatologists frequently recommend them, which shapes consumer preferences and propels market expansion.
  • Regulation Assistance and Labeling Requirements Consumer confidence is bolstered by regulatory backing for sun care goods and unambiguous labeling requirements. Physical sunscreens have a better reputation on the market when laws are followed.
  • Formulation Technological Advancements Technological developments in physical sunscreen formulas, which enhance texture, transparency, and user experience overall, are the result of ongoing research and development in the skincare sector.
  • Sun Safety Education and Campaigns The demand for physical sunscreens rises as a result of public awareness campaigns and educational programs stressing the value of sun protection and creating an informed consumer base.
  • Rise in Sun Intensity Worldwide The demand for adequate sun protection is rising due to factors including ozone layer depletion and changes in climate patterns, which benefits the physical sunscreen industry.

Global Physical Sunscreen Market Restraints

The market for physical sunscreens has expanded, but there are still several obstacles that could have an effect on the sector. The Physical Sunscreen Market is hampered by the following major factors

  • White Remainder and AppearanceThe possibility of leaving a white residue on the skin after using physical sunscreens is one of their common disadvantages, which may detract from its aesthetic attractiveness. This might not be to everyone’s taste, thus some customers might choose different formulations.
  • Challenges with Texture and Application Physical sunscreens can be thicker and more difficult to spread uniformly, especially those with higher zinc oxide percentages. Comparing these formulations to lighter chemical sunscreens, consumers could find them less user-friendly.
  • Potential for Sensitivity to Skin Although physical sunscreens are generally thought to be safe for delicate skin, if the formulation is not well-balanced, some people may still have allergies or skin irritation from the mineral constituents.
  • Restricted Water Resistance Water resistance is one area where physical sunscreens could fall short, particularly in comparison to some chemical sunscreen formulas. For those who are involved in activities involving water, this could be a disadvantage.
  • Sense of Incompatibility with Cosmetics Because physical sunscreens have a thicker consistency and might cause a white cast, some users find them less suitable for use with makeup, which can affect their entire cosmetic routine.
  • Regarding Costs Producing physical sunscreens can be more costly, particularly if they offer broad-spectrum and high-quality protection. Consumer decisions may be influenced by cost factors, especially in markets where prices are tight.
  • Limited Formulation Innovation Even while physical sunscreen formulations have improved, consumers may believe that chemical sunscreens have seen more innovation, which could hinder market expansion.
  • Environmental Issues When physical sunscreens wash off in the sea, there are worries about the possible effects of the nanoparticles they contain on ecosystems and marine life. Decisions made by consumers may be influenced by environmental awareness.
  • Possibility of Discoloring Clothes Clothing stains may be more likely to occur with physical sunscreens, especially if zinc oxide is present in the formulation. Customers who value fashion design may find this concerning.
  • Regulatory Obstacles Manufacturers may face difficulties adhering to regulatory criteria and limitations on certain sunscreen compounds. One potential constraint is to maintain product efficacy while adhering to regulatory standards.
  • Few Possibilities for Customization Physical sunscreens may be less customizable than chemical sunscreens in terms of scent and texture, which makes it more difficult to accommodate a wide range of customer preferences.

Global Physical Sunscreen Market Segmentation Analysis

The Global Physical Sunscreen Market is Segmented on the basis of Type of Mineral Filters, Application Methods, Distribution Channels, and Geography.

Physical Sunscreen Market, By Type of Mineral Filters

  • Zinc Oxide-Based Sunscreens Products that primarily use zinc oxide as the main mineral filter.
  • Titanium Dioxide-Based Sunscreens Sunscreens that rely on titanium dioxide as the primary mineral filter.

Physical Sunscreen Market, By Application Methods

  • Lotions and Creams Traditional formulations that are applied as lotions or creams on the skin.
  • Sprays Sunscreen products are available in spray form for convenient and even application.
  • Sticks Solid stick formulations for targeted application, especially on sensitive areas.

Physical Sunscreen Market, By Distribution Channels

  • Pharmacies and Drugstores Sunscreens are available in local pharmacies and drugstores.
  • Beauty Retailers Products sold in beauty and cosmetic retail outlets.
  • Online Retailers Sunscreens are available for purchase through e-commerce platforms.

Physical Sunscreen Market, By Geography

  • North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
  • EuropeAnalysis of the Physical Sunscreen Market in European countries.
  • Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and AfricaExamining market dynamics in the Middle East and African regions.
  • Latin AmericaCovering market trends and developments in countries across Latin America.

Key Players

The major players in the Physical Sunscreen Market are

  • Johnson & Johnson
  • L’Oréal
  • Procter & Gamble
  • Revlon
  • Unilever
  • Shiseido
  • Estee Lauder
  • Avon Products
  • Clarins Group
  • Lotus Herbals

Report Scope

Report AttributesDetails
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Million)

Key Companies Profiled

Johnson & Johnson, L’Oréal, Procter & Gamble, Revlon, Unilever, Shiseido, Estee Lauder, Avon Products, Clarins Group.

Segments Covered

By Type of Mineral Filters, By Application Methods, By Distribution Channels, and By Geography.

Customization scope

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )