CAGR: 3.9%Current Market Size: USD 11.2 BillionFastest Growing Region: APAC
Largest Market: North AmericaProjection Time: 2022-2029Base Year: 2021
Global Baby Mineral Sunscreen Lotion Market is expected to grow from USD 11.2 billion in 2021 to 15.21 billion by 2029, at a CAGR of 3.9%% during the Projection period 2022-2029. The growth of this market is mainly driven by the increasing population of millennial parents.
Baby sunscreen made of minerals shields against UV radiation while also deeply nourishing your child's skin. Shea butter, aloe vera, zinc oxide, and cocoa butter are all included in this product's rich formulation, which hydrates, soothes, and treats dry skin. It also treats skin damage. Growing consumer concern about skin protection from the sun's harmful rays and increased awareness of skin cancer are key reasons fueling market expansion. Baby sun care product sales have decreased due to the COVID-19 epidemic as more people are choosing to work from home, which allows parents to travel less and keep their children at home for longer periods. Due to this aspect, consumers decreased their travel in 2020 for leisure, recreation, and sporting events, which in turn decreased consumer spending. Due to growing health concerns, the infant mineral sunscreen lotion market is expected to be driven by the rising demand for organic and natural personal care products. Baby Mineral Sunscreen Lotion is created especially for babies sensitive skin and is non-irritating. It can be applied to any body part where the sun will shine because it is non-greasy and allergy-free. It is a fantastic and secure option for all ages, but it is specially made for babies!
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Market Dynamics:
Drivers:
Sports participation has increased during the last few years, particularly in outdoor competitions. The massive response to international travel is a recent trend spreading throughout Europe. The growing practice of parents bringing their young children to playgrounds, parks, and other outside locations has also contributed to the market's expansion. Western consumers like to use infant mineral sunscreen lotion products when they are outdoors, particularly on beaches. Consequently, the increase in infant mineral sunscreen lotion sales has been attributed to the greater participation rate in outdoor recreational activities.
Due to extended lockdowns and decreased manufacturing operations worldwide, the infant mineral sunscreen lotion is negatively impacted. Reduced sales of baby mineral sunscreen lotion hurt market participants. After the COVID-19 losses, the industry is flourishing, and producers are looking for ways to address problems in the infant mineral sunscreen lotion market. Market Due to growing awareness of sun care products for skin protection, manufacturers in the infant mineral sunscreen lotion market is potentially gaining chances. Due to customers' increased attention to their overall health, there is an increase in demand for these products.
Restraints:
Infants younger than six months shouldn't use sunscreen creams or lotions. They may be more likely to experience a skin reaction to the lotion and perhaps develop rashes because their skin is sensitive and thinner than an adult's. For instance, the WHO estimated in December 2018 that approximately 30 million kids were delivered prematurely and too small, increasing their risk of developing various health conditions.
Opportunities:
Over time, parents of millennials have altered the market's dynamics. This aspect has impacted the demand for baby personal care products as this consumer group becomes more financially stable. According to several studies conducted worldwide, 70% of mothers research baby mineral sunscreen lotion before making a final purchase, which for nearly half of them takes three to four days. The U.S. Food and Drug Administration (FDA) reports that six out of ten people favor organic products to improve their health. The manufacture of baby mineral sunscreen lotion is governed and overseen by the Food and Drug Administration. Regarding clinical trials and the sale of these baby mineral sunscreen lotions, producers are obligated to follow the rules set forth by the FDA.
Challenges
Regarding the negative consequences and other health problems in infants, strict government regulations have been implemented. For instance, the FDA controls the manufacture of baby sunscreen. These must be adhered to religiously. Additionally, the market has high expenses for product research and innovation, followed by expenditures for product testing, which drives up the cost of the finished good. The International Journal of Research in Social Sciences reports that 26% of consumers prefer reasonably priced products, whereas 36% of consumers prefer quality products, and their final selection is based on quality considerations. These elements impact the Baby Mineral Sunscreen Lotion market, which presents a substantial challenge to industry participants.
Segmentation Analysis:
The global Baby Mineral Sunscreen Lotion market has been segmented based on product type, distribution channel, application, and regions.
By Product Type
The product type segment includes cream and spray. The cream segment led the baby mineral sunscreen lotion market with a market share of around 60.3% in 2021. Creams are easy to use on kids and do not get into the eyes or any sensitive part of the busy, propelling the segment's growth. In addition, creams have a good texture and nice consistency, making them easy to apply and remove from the babies' skin.
By Distribution Channels
The distribution channel segment includes hypermarkets and supermarkets, specialty stores, and online. The hypermarkets and supermarkets segment led the baby mineral sunscreen lotion market with a market share of around 38.3% in 2021. Due to the availability of a large selection of infant personal care goods compared to other distribution channels/platforms, consumers choose to buy baby mineral sunscreen lotion from hypermarkets and supermarkets. In addition, supermarkets and hypermarkets provide baby personal care products at lower pricing compared to other retail establishments.
By Application
The application segment includes outdoors, swimming, and others. The outdoor segment led the baby mineral sunscreen lotion market with a market share of around 40.3% in 2021. The skin of babies are sensitive which makes them prone to several rashes and infections when exposed to the outdoor environment. So, in most cases, it is advisable to use mineral sunscreen lotions when going outdoors to avoid sunburns, tanning, rashes, and allergies.
By Regional Analysis:
The regions analyzed for the baby mineral sunscreen lotion market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the Baby Mineral Sunscreen Lotion market and held 32.1% share of the market revenue in 2021.
Global Baby Mineral Sunscreen Lotion market- Country Analysis:
Germany's Baby Mineral Sunscreen Lotion market size was valued at USD 0.6 billion in 2021 and is expected to reach USD 0.9 billion by 2029, at a CAGR of 5.3% from 2022 to 2029.
Germany has one of the leading baby mineral sunscreen lotion industries in Europe. Consumers in Europe and North America are increasingly concerned with the quality of their purchases. As a result, they think about the components of infant personal care products before making a final decision. Premium-priced organic and natural baby personal care products are becoming more popular in the baby skincare market. Natural skincare products are being developed by numerous established and emerging successful businesses in the North American and European markets.
China's Baby Mineral Sunscreen Lotion market size was valued at USD 1.20 billion in 2021 and is expected to reach USD 1.7 billion by 2029, at a CAGR of 5.1% from 2022 to 2029. The rising population and increased disposable income in China have favored the demand for baby mineral sunscreen lotion. Moreover, China is one of the biggest importers and retail markets for baby mineral sunscreen lotion.
India's Baby Mineral Sunscreen Lotion market size was valued at USD 0.64 billion in 2021 and is expected to reach USD 0.8 billion by 2029, at a CAGR of 3.3% from 2022 to 2029. India is one of the strongest growing economies in Asia. The factors, including increasing population, increasing disposable income, and changing lifestyles, have driven the growth of the India Baby Mineral Sunscreen Lotion market.
Key Industry Players Analysis:
To increase their market position in the global Baby Mineral Sunscreen Lotion business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2021-2029 |
Base year |
2021 |
CAGR (%) |
3.9% |
Market Size |
USD 11.2 billion in 2021 |
Projection period |
2022-2029 |
Projection unit |
Value (USD) |
Segments covered |
Product Type, Distribution Channel, Application and Regions |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd., L'oreal, The Estee Lauder Companies Inc., Burt's Bees, Bioderma Laboratories, Unilever, among others. |
By Product Type |
|
By Distribution Channel |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Baby Mineral Sunscreen Lotion market by Product Type:
Global Baby Mineral Sunscreen Lotion market by Distribution Channel:
Global Baby Mineral Sunscreen Lotion market by Application
Global Baby Mineral Sunscreen Lotion market by Region:
Global Baby Mineral Sunscreen Lotion market is anticipated to reach 15.21 billion by 2029, at a CAGR of 3.9% from 2022 to 2029.
Leading market players active in the global Baby Mineral Sunscreen Lotion market are Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd., L'oreal, The Estee Lauder Companies Inc., Burt's Bees, Bioderma Laboratories, Unilever, among others.
Supermarkets & hypermarkets segment witnessed a significant share in the Baby Mineral Sunscreen Lotion market with a market share of around 38.3% in 2021
United States, Germany, United Kingdom, China, and France.
New product innovations, a rise in per capita income, and increasing demand for sunscreens for babies around the globe are projected to influence the market in the upcoming years.
Political Factors- Strong governmental systems and structures foster Baby Mineral Sunscreen Lotion's expansion and expansion. Government stability enables companies like Baby Mineral Sunscreen Lotion to grow domestically and internationally. Businesses like Baby Mineral Sunscreen Lotion can quickly and smoothly manage their offshore company affiliations thanks to trade relations with other nations and their political stability and strength. Government stability also draws investors to enterprises and corporations like Baby Mineral Sunscreen Lotion, which fosters the expansion of the infrastructure and improves the country's reputation abroad. High levels of government stability can also draw resources to the industry, which will, in turn, increase overall competitive positioning and player performance. Businesses like Baby Mineral Sunscreen Lotion can benefit from trade agreements that have been created and signed by the relevant nation of origin. Trade blocks can help companies like Baby Mineral Sunscreen Lotion by reducing the cost of resources, the cost of conducting business, and the shortage of skilled labor.
Economical Factors- For businesses like Baby Mineral Sunscreen Lotion to thrive, the economy needs a moderate inflation rate. A modest inflation rate will also aid corporate expansion and positively influence consumer confidence and spending patterns. The economy will benefit as a result, and disposable income will rise overall. A greater inflation rate would result in less discretionary income, affecting enterprises and companies and lowering consumer confidence by reducing overall expansion. A decreased inflation rate will result in a significant rise in disposable income, which could stimulate competition, particularly through pricing methods that could result in unethical price wars that unfairly benefit the customer. Businesses and enterprises like Baby Mineral Sunscreen Lotion will benefit from taking out bank loans if the interest rate is reasonable.
Social Factor- For Baby Mineral Sunscreen Lotion, having a larger proportion of the younger population is advantageous because it will give the business a larger customer base. A younger population will also promise Baby Mineral Sunscreen Lotion more educated and trained laborers, enhancing the depth and breadth of the talent pool. A more educated population has numerous benefits, including those related to Baby Mineral Sunscreen Lotion. Higher education increases the number of talented, informed, and skillful individuals in the talent pool for Baby Mineral Sunscreen Lotion. According to consumer research and behavioral analyses, Baby Mineral Sunscreen Lotion has included health-related elements in its marketing and added features to its products.
Technological Factors- All industries have a high rate of innovation, which makes businesses like Baby Mineral Sunscreen Lotion competitive and forward-thinking. Additionally, the upgraded technological infrastructure aids in luring foreign direct investment, which encourages future growth and advancement. Additionally, the upgraded technological infrastructure aids in luring foreign direct investment, which encourages future growth and advancement. Because of this specific competitive advantage in terms of technological improvements, Baby Mineral Sunscreen Lotion continues to employ and take part in innovation processes to improve business cycles and operations.
Environmental Factors- Recycling and environmental sustainability are receiving more attention. More and more consumers are demanding ways to recycle things before disposing of them. To follow rules, uphold checks, and prevent any future issues, Baby Mineral Sunscreen Lotion should affiliate with and register with waste management institutions and authorities. Additionally, the demand for recycled goods among consumers is rising. Baby Mineral Sunscreen Lotion has established dedicated locations for the disposal of products for recycling. Like many other businesses, Baby Mineral Sunscreen Lotion is also launching a new product line of recycled goods for consumers to enjoy.
Legal Factors- Regarding the health and safety of employees at work, there are stringent rules. Reputable organisations and groups conduct routine checks with firms to determine whether safety nets, drills, and other preventative measures are being implemented at the workplace. The safety and health of employees includes not only their physical health but also their emotional and mental health. The health and safety of its employees are of utmost significance to Baby Mineral Sunscreen Lotion, and the company is always working to make improvements. Because of this, Baby Mineral Sunscreen Lotion has always been at ease with having a diverse team and has created internal corporate practises that foster diversity. The business adheres to anti-discrimination laws in all of its operations, from hiring to promoting. Every employee participates in diversity trainings and workshops on a regular basis to learn how to avoid discriminatory and biassed acts, which could have serious consequences.
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