Global Mineral Sunscreen Market Report and Forecast 2024-2032

Global Mineral Sunscreen Market Outlook

The global mineral sunscreen market size reached a value of approximately USD 1.33 billion in 2023. The market is expected to grow at a CAGR of 5.3% between 2024 and 2032, reaching a value of USD 2.11 billion by 2032.

Key Trends in the Market

Mineral sunscreen, also known as physical sunscreen or blocker, uses minerals as active ingredients and helps the consumers physically shield themselves from the harmful ultraviolet rays. Common active ingredients include zinc oxide and titanium dioxide that act as a barrier to reflect UV light. These sunscreens are believed to be safe for the skin as well as the environment and are also suited for users with a variety of skin types. Moreover, they are also easy to formulate with and are considered sensorially appealing.

• Rising outdoor sporting activities is a major mineral sunscreen market trend that is helping in the growth of the market. Increasing participation of people, especially youth, in hiking, sports, cycling, and other leisure activities is increasing the demand for the mineral sunscreen to protect skin in the summers.

• Availability of a wide range of mineral sunscreens based on different skin type has paved way for the market to grow rapidly. Consumers have a plethora of choices of mineral sunscreens with different active ingredients and price points.

• Rising awareness among people regarding the health-related risks of sun and UV ray exposure such as early ageing and damage leading to skin cancer has increased the demand for the mineral sunscreen globally. Mineral sunscreens have shown to provide effective protection, increasing their demand.

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Mineral Sunscreen Market Analysis

Based on product type, the market is segmented into cream, lotion, and gel, among others. On the basis of skin type, the market is divided into sensitive, normal, dry, oily, and combination. By price range, the market is categorised into low, medium, and high. Based on sun protection factor, the market is divided into up to 29 SPF, 30 SPF-49 SPF, 50 SPF-69 SPF, and 70 SPF and above. By consumer group, market is segmented into men, women, and unisex. On the basis of distribution channel, the market is bifurcated into online and offline. Based on region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The mineral sunscreen market report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• 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.

• Others

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Mineral Sunscreen Market Share by Consumer Type

Women consumer types account for a sizable share of the market for mineral sunscreen and are continue to witness significant growth in the forecast period. Several advertising firms launch their skincare products including mineral sunscreen targeting the female audience offering properties such as anti-ageing and other similar features. Women consumers tend to be more proactive regarding skin protection, open to trying new product, and likelier to spend more on skin care, thereby increasing their market share of mineral sunscreen.

Meanwhile, the men consumer group is anticipated to increase at a steady pace as more men are becoming conscious of their skin care routine and more manufacturers are targeting men consumer groups. Men are also extensively active in outdoor sports and other activities such as hiking and are preferring to use a protective shield before moving out in the sun.

Mineral Sunscreen Market Share by Region

North America is anticipated to hold a considerable share of the market for mineral sunscreen in the forecast period, supported by the growing popularity of skincare and sun protection products. Furthermore, due to the relatively temperate climate, outdoor sports such as football and baseball are common, among other outdoor activities, due to which sun protection is of growing importance. As more consumers experiment with different types of sunscreens, mineral sunscreens are surging in popularity due to their protective nature, effectiveness, and increasing availability. The propensity of the population to suffer sunburns and rising prevalence of sun-induced skin complications are further contributing to the mineral sunscreen market growth in North America.

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Competitive Landscape

The Avon Company, founded in 1886, has its headquarters in London, United Kingdom. It is a multinational company that specialises in beauty, skin care, personal care, cosmetics, health and wellness, and fragrance. Its products include fashion and home products such as jewelleries, apparels, accessories, watches, decorative products, and footwear, among others.

Sun Bum LLC was established in 2010 and is based out of California in the United States. It is a cosmetics company that creates high-quality sun care products for consumers all across the globe. The company focuses on manufacturing products that help its customers to not only enjoy their time in the sun but also protect themselves from harmful rays.

Goddess Garden LLC was started in 2004 and is headquartered out of Colorado, United States. It is a consumer goods company that manufactures and markets organic and naturally prepared mineral sunscreen. Its other products include lip balm, animal friendly skincare, essential oils, vegan skincare, aromatherapy, organic facial care, and essential oil perfumes.

Other market players 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.

Key Highlights of the Report