What is Global UV Filter in Personal Care Market?
The Global UV Filter in Personal Care Market is a rapidly growing sector that focuses on the use of ultraviolet (UV) filters in personal care products. These filters are essential components in products like sunscreens and cosmetics, as they protect the skin from harmful UV rays. The market is driven by the increasing awareness about skin health and the harmful effects of UV radiation. The UV filters used in personal care products are of two types: chemical and physical. The chemical filters absorb the UV radiation and convert it into a less harmful form of energy, while the physical filters reflect or scatter the UV radiation away from the skin. The market for these filters is expected to grow significantly in the coming years due to the increasing demand for sun protection products and the growing trend of using natural and organic ingredients in personal care products.
Chemical Filters, Physical Filters in the Global UV Filter in Personal Care Market:
The UV Filter in Personal Care Market is divided into two main segments based on the type of filter: Chemical Filters and Physical Filters. Chemical Filters are the most widely used type of UV filter in personal care products. They work by absorbing the UV radiation and converting it into a less harmful form of energy. These filters are commonly used in sunscreens and other cosmetics due to their high efficiency and low cost. On the other hand, Physical Filters work by reflecting or scattering the UV radiation away from the skin. They are typically made from minerals like zinc oxide or titanium dioxide. Although they are less common than chemical filters, their demand is growing due to the increasing consumer preference for natural and organic products.
Sunscreen, Other Cosmetics in the Global UV Filter in Personal Care Market:
The UV Filter in Personal Care Market finds its major application in two areas: Sunscreen and Other Cosmetics. Sunscreen is the largest application area for UV filters. These filters are essential in sunscreens as they protect the skin from the harmful effects of UV radiation. They work by either absorbing the UV radiation and converting it into a less harmful form of energy (chemical filters) or by reflecting or scattering the UV radiation away from the skin (physical filters). Other cosmetics, such as foundations and lipsticks, also use UV filters to provide added sun protection. The use of UV filters in these products is expected to increase in the future due to the growing awareness about the harmful effects of UV radiation and the increasing demand for sun protection products.
Global UV Filter in Personal Care Market Outlook:
The Global UV Filter in Personal Care Market is a dynamic and growing market. As of 2022, the market was valued at US$ 607 million. However, it is expected to reach a value of US$ 935.6 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period of 2023-2029. This growth can be attributed to the increasing awareness about the harmful effects of UV radiation and the growing demand for sun protection products. The market is dominated by four major manufacturers who collectively hold a share of over 50%. In terms of product type, Chemical Filters are the largest segment, accounting for about 85% of the market.
| Report Metric | Details |
| Report Name | UV Filter in Personal Care Market |
| Accounted market size in 2022 | US$ 607 in million |
| Forecasted market size in 2029 | US$ 935.6 million |
| CAGR | 6.3% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Symrise, BASF, Ashland, DSM, Novacyl, Salicylates and Chemicals, Sunjin Beauty Science, Sensient, TRI-K Industries, MFCI, Uniproma, Hallstar, Kobo Products, Tagra Biotechnologies, Brilliance Biochemical |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
