INGREDIENT TRENDS AND INNOVATION IN SUN PROTECTION
IN-COSMETICS GLOBAL
LONDON, 5TH APRIL 2017
MARIA CORONADO ROBLES, ANALYST - INGREDIENTS RESEARCH
© Euromonitor International
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Euromonitor International – Strategic Market Research
ABOUT EUROMONITOR INTERNATIONAL
SUNSCREEN INGREDIENTS GLOBAL MARKET
CONSUMER DEMAND INNOVATION IN SUN PROTECTION
THE EUROPEAN SUN PROTECTION MARKET
LATEST INNOVATIONS AND FUTURE OPPORTUNITIES
© Euromonitor International
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34%
28%
15%
16%
22%
23%
18%
21%
0 10,000 20,000 30,000 40,000
2015
2020
Sunscreen Ingredients in Beauty and Personal Care Globally
SUNSCREEN INGREDIENTS: GLOBAL MARKET
Asia-Pacific
Main global growth driver
North America
Largest market
Losing share as emerging
markets gain momentumMarket size, Tonnes
© Euromonitor International
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11% CAGR
Top Ten Markets for Sunscreen Ingredients
SUNSCREEN INGREDIENTS: GLOBAL MARKET
GERMANY 1300 T
SPAIN 1200 T
UK 900 T
ITALY 800 T
FRANCE 600 T
CHINA 2500 T
JAPAN 800 T
SOUTH KOREA 600 T
BRAZIL 3200 T
USA 9,600 T
Main global market
70%GLOBAL MARKET (2015)
1% CAGR
5% CAGR
3% CAGR
6% CAGR
6% CAGR
7% CAGR
5% CAGR
11% CAGR
10% CAGR
*CAGR (2015-2020)
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Commercially Available UV Filters
SUNSCREEN INGREDIENTS: GLOBAL MARKET
INCI Name / USAN Name Abbreviation Globally approved
Bis-Ethylhexyloxyphenol Methoxyphenyl Triazine / Bemotrizinol BEMT No
Butyl Methoxydibenzoylmethane / Avobenzone BMBM Yes
Terephthalylidene Dicamphor Sulfonic Acid / Ecamsule TDSA Yes
Zinc Oxide ZnO Yes
Benzophenone-3 / Oxybenzone BP3 Yes
Diethylhexyl Butamido Triazone / Iscotrizinol DBT No
Ethylhexyl Methoxycinnamat e/ Octinoxate EHMC Yes
Ethylhexyl Salicylate / Octisalate EHS Yes
Ethylhexyl Triazone / Octyltriazone ETH No
Homosalate HMS Yes
Octocrylene OCR Yes
Phenylbenzimidazol Sulfonic Acid / Ensulizole PBSA Yes
Titanium Dioxide TiO2 Yes
* Others refers to any other UV filter not included in the table
© Euromonitor International
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The Evolution of Sun Protection
SUNSCREEN INGREDIENTS: GLOBAL MARKET
UVB
UVB &
UVA II
BROAD
SPECTRUM
FUTURE
1940
First sunscreen
1970 -1990
SPF on labels
UVA protection
Different regulations
NOW
UVB / Full UVA
?
© Euromonitor International
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44%
30%
16%
10%
Type of UV Filter in Sun Protection
SUNSCREEN INGREDIENTS: GLOBAL MARKET
North America
Sunscreens provide less UVA protection
9%
Minerals
11%
Minerals
35%
Minerals
11%
Minerals
47%
57%
27%
14%
39%
24%
9%
29%
60%25%
9%
7%
© Euromonitor International
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Growth Opportunities for Sunscreen Ingredients
SUNSCREEN INGREDIENTS: GLOBAL MARKET
CAGR%(2015-2020)
-30
-20
-10
0
10
20
30
40
50
UVB UVB /UVA II UVA I / UVA II UVB / UVA I-II
© Euromonitor International
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Sunscreen Ingredients by Category
SUNSCREEN INGREDIENTS: GLOBAL MARKET
Asia Pacific
The most fragmented market
75%
Sun Care
Skin Care
Colour Cosmetics
Baby and Child-specific Products
Hair Care
others
90%
80% 75%
60%35%
THANK YOU FOR ATTENTION
FOR FUTHER INSIGHT PLEASE CONTACT
Maria Coronado Robles
Industry Analyst – Ingredients
Twitter: @coronado_roble
To download the full presentation, click here.

Ingredient Trends and Innovation in Sun Protection

  • 1.
    INGREDIENT TRENDS ANDINNOVATION IN SUN PROTECTION IN-COSMETICS GLOBAL LONDON, 5TH APRIL 2017 MARIA CORONADO ROBLES, ANALYST - INGREDIENTS RESEARCH
  • 2.
    © Euromonitor International 2 EuromonitorInternational – Strategic Market Research ABOUT EUROMONITOR INTERNATIONAL
  • 3.
    SUNSCREEN INGREDIENTS GLOBALMARKET CONSUMER DEMAND INNOVATION IN SUN PROTECTION THE EUROPEAN SUN PROTECTION MARKET LATEST INNOVATIONS AND FUTURE OPPORTUNITIES
  • 4.
    © Euromonitor International 4 34% 28% 15% 16% 22% 23% 18% 21% 010,000 20,000 30,000 40,000 2015 2020 Sunscreen Ingredients in Beauty and Personal Care Globally SUNSCREEN INGREDIENTS: GLOBAL MARKET Asia-Pacific Main global growth driver North America Largest market Losing share as emerging markets gain momentumMarket size, Tonnes
  • 5.
    © Euromonitor International 5 11%CAGR Top Ten Markets for Sunscreen Ingredients SUNSCREEN INGREDIENTS: GLOBAL MARKET GERMANY 1300 T SPAIN 1200 T UK 900 T ITALY 800 T FRANCE 600 T CHINA 2500 T JAPAN 800 T SOUTH KOREA 600 T BRAZIL 3200 T USA 9,600 T Main global market 70%GLOBAL MARKET (2015) 1% CAGR 5% CAGR 3% CAGR 6% CAGR 6% CAGR 7% CAGR 5% CAGR 11% CAGR 10% CAGR *CAGR (2015-2020)
  • 6.
    © Euromonitor International 6 CommerciallyAvailable UV Filters SUNSCREEN INGREDIENTS: GLOBAL MARKET INCI Name / USAN Name Abbreviation Globally approved Bis-Ethylhexyloxyphenol Methoxyphenyl Triazine / Bemotrizinol BEMT No Butyl Methoxydibenzoylmethane / Avobenzone BMBM Yes Terephthalylidene Dicamphor Sulfonic Acid / Ecamsule TDSA Yes Zinc Oxide ZnO Yes Benzophenone-3 / Oxybenzone BP3 Yes Diethylhexyl Butamido Triazone / Iscotrizinol DBT No Ethylhexyl Methoxycinnamat e/ Octinoxate EHMC Yes Ethylhexyl Salicylate / Octisalate EHS Yes Ethylhexyl Triazone / Octyltriazone ETH No Homosalate HMS Yes Octocrylene OCR Yes Phenylbenzimidazol Sulfonic Acid / Ensulizole PBSA Yes Titanium Dioxide TiO2 Yes * Others refers to any other UV filter not included in the table
  • 7.
    © Euromonitor International 7 TheEvolution of Sun Protection SUNSCREEN INGREDIENTS: GLOBAL MARKET UVB UVB & UVA II BROAD SPECTRUM FUTURE 1940 First sunscreen 1970 -1990 SPF on labels UVA protection Different regulations NOW UVB / Full UVA ?
  • 8.
    © Euromonitor International 8 44% 30% 16% 10% Typeof UV Filter in Sun Protection SUNSCREEN INGREDIENTS: GLOBAL MARKET North America Sunscreens provide less UVA protection 9% Minerals 11% Minerals 35% Minerals 11% Minerals 47% 57% 27% 14% 39% 24% 9% 29% 60%25% 9% 7%
  • 9.
    © Euromonitor International 9 GrowthOpportunities for Sunscreen Ingredients SUNSCREEN INGREDIENTS: GLOBAL MARKET CAGR%(2015-2020) -30 -20 -10 0 10 20 30 40 50 UVB UVB /UVA II UVA I / UVA II UVB / UVA I-II
  • 10.
    © Euromonitor International 10 SunscreenIngredients by Category SUNSCREEN INGREDIENTS: GLOBAL MARKET Asia Pacific The most fragmented market 75% Sun Care Skin Care Colour Cosmetics Baby and Child-specific Products Hair Care others 90% 80% 75% 60%35%
  • 11.
    THANK YOU FORATTENTION FOR FUTHER INSIGHT PLEASE CONTACT Maria Coronado Robles Industry Analyst – Ingredients Twitter: @coronado_roble To download the full presentation, click here.