Tinted Sunscreen Market- Global Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segmentation by Type, Sun Protection Factor, and Region

Tinted Sunscreen Market was valued at US$ 0.96 Bn. in 2022. Global Tinted Sunscreen Market size is expected to grow at a CAGR of 4.5 % through the forecast period.
Tinted Sunscreen Market Overview:
Tinted sunscreen is becoming more popular as an essential element in a wide range of skincare products as consumer knowledge and healthcare concerns develop. Tinted sunscreen is a type of sunscreen that protects the skin against ultraviolet long-wave (UVA) and ultraviolet short-wave (UVB) rays, as well as providing SPF protection. The tinted sunscreen market share has increased due to increased consumer penetration and consumption of multifunctional skincare, higher demand for tinted sunscreen products, and fast increasing UV radiation levels. Factors impacting tinted sunscreen sales in the global market over the predicted years include an increase in demand for chemical-free components in cosmetic products.

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2022 is considered as a base year to forecast the market from 2022 to 2029. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis especially with the impact of lockdown by region.
Tinted Sunscreen Market Dynamics:
Market Drivers: Tinted sunscreen has grown in popularity in recent years as a result of its dual benefits to the skin and is now used for daily skin protection. Tinted sunscreen and moisturizer creams are primarily used by women, although they are also suitable for men. The availability of numerous forms of sun protection elements, rising sun sensitivity, and increased knowledge about healthy and appealing skin are important drivers fueling the market.

Moreover, the demand for natural makeup products, persistent pigment darkening, skin protection from external makeup, glow enhancing tinted sunscreens, this double function of tinted sunscreens, prevention against ultraviolet long wave (UVA) and ultraviolet short wave (UVB) radiations, celebrity, social media marketing, and rising disposable income are all major factors driving the tinted sunscreen market.

Market Opportunities: Manufacturers are constantly improving their products to appeal to a wider audience. Mineral-based sunscreens including zinc oxide and/or titanium dioxide, which are becoming increasingly popular among consumers, are a recent addition. Tinted sunscreens and cosmetics open up new possibilities. For example, Kobo Products, a manufacturer of inorganic filters, has experimented with varying particle sizes of active chemicals as well as the inclusion of metal oxides to colour the product while also increasing its effectiveness across a wider spectrum. Such characteristics open up a lot of possibilities for the tinted sunscreen sector.

Also, expanding research and development activities in the skincare business, such as mixing sunscreen with antioxidants like vitamin C and vitamin E to reduce the sun's effect on skin cells, is expected to boost tinted sunscreen sales. In the future years, an increase in do-it-yourself natural skin care products is expected to drive up demand for a tinted sunscreen market.

Market Challenges However, in the recent past, the banning of some sunscreen ingredients and the related side effects had a detrimental impact on the sales of tinted sunscreen products. Some of the variables that may hinder tinted sunscreen sales in the market in the coming days include the availability of numerous types of counterfeit and low-cost products. The demand for tinted sunscreen products has been significantly fragmented by fierce competition among cosmetics manufacturing corporations, restricting market players' profit margins.
Tinted Sunscreen Market Segment Analysis:
Based on Type, the Tinted Sunscreen Market is segmented into Gel Tinted, Cream Tinted, Lotion Tinted, and others.

Tinted Sunscreen Gel provides minimal foundation coverage. It acts as a protective barrier from UV damage and also enhances the appearance of the skin. UVA and UVB protection is a broad spectrum. UVB rays are blocked 98% of the time. PA+++ provides adequate UV A protection.

Tinted Sunscreen Lotions shield the skin from the sun's UVA and UVB radiation, which is responsible for several common skin issues such as dark spots, premature aging, and uneven skin tone. Perfect for all seasons, it adds a subtle sense of colour. It leaves a matte finish with no white cast.Based on the Sunscreen Protection Factor, the Tinted Sunscreen Market is segmented in Upto SPF 14, SPF 15 to SPF 29, SPF 30 to SPF 49, and SPF 50 and above.

The Sun Protection Factor of sunscreens indicates how efficient they are at preventing UVB-induced sunburn (SPF). An individual wearing the recommended dose of SPF 15 sunscreen, for example, can stay in the sun 15 times longer without being sunburned than if they were not wearing sunscreen. When applied as directed, sunscreens with SPFs of 15–50 block 93–98% of UVB rays. In the United States and the European Union, sunscreens claiming broad-spectrum UV protection must have a critical wavelength of 370 nm or higher, implying that 10% of the sunscreen's protection must be for UVA wavelengths over 370 nm.

The UVA Protection Factor represents this ability (UVA-PF). The EU also mandates that a broad-spectrum sunscreen's UVA-PF be at least one-third of the labeled SPF. Broad-spectrum chemical sunscreens with an SPF of 15 or higher typically contain over 20% of various Ultraviolet B (UVB) and Ultraviolet (UVA) absorbing synthetic organic compounds, whereas mineral-based (physical) sunscreens have slightly lower levels of UV scattering, reflecting, and absorption nano particles like titanium dioxide (TiO2) and zinc oxide (ZnO). In 2020, 59.76 million Americans used SPF 30-49 sunscreen, after sun, and sunless tanning products.
Tinted Sunscreen Market Regional Insights:
The Asia Pacific region dominated the market with the highest share in 2022. The North American region is expected to witness significant growth at a CAGR of 5.6% through the forecast period. Due to growing usage of tinted sunscreen from multiple users such as beauty parlors, fashion & entertainment sector, personal usage, and so on. Moreover, the increased use of tinted sunscreen by consumers in countries such as Japan, China, and Australia is likely to drive tinted sunscreen demand. The tinted sunscreen market in the region is being boosted by technological improvements and a rapidly expanding need for skin protection against strong sun rays.

North America is likely to lead the tinted sunscreen market, followed by Europe, Because of greater tinted sunscreen product sales and a strong consumer desire for cosmetic products containing natural ingredients in the region.

The objective of the report is to present a comprehensive analysis of the Tinted Sunscreen Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Tinted Sunscreen Market dynamic, structure by analyzing the market segments and projecting the Tinted Sunscreen Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Tinted Sunscreen Market make the report investor’s guide.
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Tinted Sunscreen Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 0.96 Bn.


Forecast Period 2023 to 2029 CAGR:
4.5%
Market Size in 2029:
US$ 1.31 Bn.


 Segments Covered:
by Type
Cream Tinted Sunscreen
Gel Tinted Sunscreen
Lotion Tinted Sunscreen
Others


by Sun Protection Factor
Upto SPF 14
SPF 15 To SPF 29
SPF 30 To SPF 49
SPF 50 and Above



Tinted Sunscreen Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Tinted Sunscreen Market Key Players
1. Johnson & Johnson
2. Australian Gold LLC
3. Sweetsation
4. Pieree Fabre Dermo
5. Coola Suncare
6. Tizo
7. Tarte Cosmetics
8. Goderma
9. Suntegrity Suncare
10. Unilever
11. First Aid Beauty
12. Boscia
13. Algenist Brands LLC
14. Coleroscience
15. MD SolarScience Corp
16. L’Oreal
17. Mychelle Dermaceutics
18. SkinMedia

Frequently Asked Questions:

1] What segments are covered in the Global Tinted Sunscreen Market report?
Ans. The segments covered in the Tinted Sunscreen Market report are based on Type and SPF Factors.

2] Which region is expected to hold the highest share in the Global Tinted Sunscreen Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Tinted Sunscreen Market.

3] What is the market size of the Global Tinted Sunscreen Market by 2029?
Ans. The market size of the Tinted Sunscreen Market by 2029 is expected to reach US$ 1.31 Bn.

4] What is the forecast period for the Global Tinted Sunscreen Market?
Ans. The forecast period for the Tinted Sunscreen Market is 2023-2029.

5] What was the market size of the Global Tinted Sunscreen Market in 2022?
Ans. The market size of the Tinted Sunscreen Market in 2022 was valued at US$ 0.96 Bn.