Global Tinted Sunscreen Market Size, Trends and Growth Opportunity, By Types (Cream, Gel, Lotion and Others), By SPF (Below SPF-29, 29-49 And Above 49 SPF), By Distribution (Offline and Online) By Region and Forecast Till 2027
Global Tinted Sunscreen Market
The global tinted sunscreen market was valued at US$ 930 million in 2021 and it is expected to reach at US$ 1.58 billion in 2027 at a CAGR of 4.5 % during forecast period 2022-2027
Sunscreen is a cream or lotion which applied on skin to protect the skin against harmful UV rays. Direct UV rays on skin can cause skin irritation, sun burn and in extreme case skin cancer and other skin problems. Due to which sunscreen become vital for the consumer. And in last few years tinted sunscreen gained importance due to its several benefits to the skin and it can be utilized for everyday purpose. Tinted sunscreen come with a light foundation that offers natural makeup appearance along with UV rays benefits.
Market Drivers
In the past few years sunscreen gained importance due to its several benefits to skin, launch of tinted sunscreen and moisturizer products are widely used by women and are ideal for men too. Continuously innovation in sunscreen which offers different properties such as –lightweight, high absorption, added antioxidants, different color shades and others. The requirement of natural makeup products among consumer escalates the demand for this market.
Market Restraints
Banning of certain sunscreen chemicals, side- effects associated with products had a negative impact on the sales of tinted sunscreen products in the recent past. Moreover, various types of cheap products in the market are the key factor that restraining the growth of this market.
COVID-19 on Tinted Sunscreen Market
With the outbreak of covid-19 the tinted sunscreen witnessed a negative impact as consumer inclined towards essential items rather than buying beauty products. Due to lockdown shutting down of manufacturing industries in various countries declined the growth of sunscreen. Further, e-commerce sites shipping sunscreen also get affected due to late deliveries and restriction in transportation, global supply chain also get disrupted due to ban in export and import.
Market Segmentation
The global tinted sunscreen market segmented on the basis of types, sun protection factor and distribution channel. On the basis of product type it segmented into cream, gel, moisturizer, lotion and others. On the basis of sun protection factor it segmented into below SPF 29, 29-49 SPF and above 49 SPF. On the basis of distribution channel it segmented into offline and online.
Regional Analysis
The global tinted sunscreen market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Asia-Pacific is expected to remain at the forefront in terms of revenue as compared to other region due to rise in adoption of tinted sunscreen from various end- user such as beauty salon, fashion and entertainment sector, personal use in the region. Moreover rise in application of tinted sunscreen in counties like China, Japan and Australia amplify the growth of this market.
Key Players
Various key players are listed in this report such as Unilever, Johnson& Johnson Consumer Inc, Australian Gold LLC, Sweetsation Therapy, Pierre Fabre Dermo-Cosmetique USA, Inc., Coola Suncare LLC, Tizo Company, Tarte Cosmetics, L'Oreal S.A., and SkinMedia Inc.
Market Taxonomy
By Types
Cream gel
Moisturizer
Lotion
Others
By Sun Protection
SPF 29
29-49 SPF
above 49 SPF
By Distribution channel
Offline
Online
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Tinted Sunscreen Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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