The Total Addressable Market (TAM) for blue light skincare was valued at USD 2172 million in 2022. It is estimated to reach USD 4425 million by 2031, growing at a CAGR of 8.23% during the forecast period (2023–2031).
Blue light protection ingredients have become prominent as discussions about 'digital aging' gain traction. Due to the blue light emitted by these devices, excessive use of smartphones and laptops has been linked to various health problems, including skin damage and sleep disturbances. As blue light protection becomes an increasingly important consumer concern, opportunities have arisen for ingredient producers, suppliers, and health and wellness businesses. The introduction of anti-blue-light facial skincare products like serums, facial gels, primers, and foundations has been particularly significant. Growth in the market for blue light skincare products can be mainly attributed to rising levels of consumer awareness and disposable money.
The popularity of electronic devices like cell phones, tablets, and personal computers has skyrocketed during the past few decades. These days, people rarely put down their smartphones or computers. Diseases of the body and the skin have increased as people have spent more and more time staring at their smartphones. According to the data provided by Unilever Group, over 64% of people worldwide are unaware of the impact of blue light on the skin. Blue light is just as penetrating and damaging to the skin as UV rays. Many people experience adverse health impacts, including difficulty sleeping, after exposure to blue light for extended periods, including skin damage. People today are increasingly worried about air and light pollution, which has prompted a market for protective goods to address this issue.
Premature aging, wrinkles, dryness, and other skin problems can be caused by prolonged exposure to blue light, which can come from the sun or electronic devices like smartphones, laptops, and other gadgets. The production of organic foods is labor-intensive and time-consuming. The production cost rises even more due to the lower yields of such crops and the inadequate supply chain. Due to the high cost of preventing chemical fertilizers, pesticides, etc., from leaching into water supplies and neighboring farms, post-harvest processing and handling organic products is an expensive endeavor.
Natural components are being widely incorporated into the cosmetics and personal care industries, which are undergoing a period of rapid change. Companies producing cosmetics are increasingly sourcing materials from the natural world. In addition, the hunt for goods with minimal chemicals and dangerous pollutants has been prompted by the growing interest in all-natural alternatives to conventional personal care items. Blue light skincare chemicals have caught the attention of the cosmetics industry because of their potential usefulness in treating a wide variety of skin conditions. Blue light chemicals have been added to several face masks and serums to refine the look of the skin and get rid of sunspots. Blue light skincare products have made a name for them in the beauty sector and are now widely regarded as necessary.
The global blue light skincare market is segmented by form type, nature, application, and distribution channel.
Based on type, the global market is bifurcated into solid/semi-solid and liquid.
The solid/semi-solid segment is the highest contributor to the market and is expected to grow during the forecast period. Cosmetics manufacturers favor this type of chemical since it simplifies the production cycle for their skincare and cosmetic items like blue-light protection body lotion, cream, and others. The solid and semi-solid components, such as Zinc Oxide, shield the skin against UV rays and blue light at a reasonable price. A growing number of people are recognizing the benefits of blue light skincare products, which are applied to the skin to help exfoliate and cleanse while pushing toxins out of the pores.
Based on nature, the global blue light skincare market is bifurcated into organic and conventional.
The organic segment is the highest contributor to the market and is expected to grow during the forecast period. One of the reasons that demand for standard components remains high is their high antioxidant and UVB absorption qualities. However, shoppers are well aware that organic ingredients provide less of a health risk. The market for organic blue light protection compounds has expanded rapidly over the past few years. Customers favor purchasing blue light cosmetics online due to the plethora of options and competitive pricing.
Based on application, the global blue light skincare market is bifurcated into facial skincare, body care products, and cosmetic products.
The facial skincare segment is the highest contributor to the market and is expected to grow during the forecast period. Ingredient manufacturers report steady demand from the facial skin care products area. It includes items like creams, serums, and moisturizers. Manufacturers are strengthening their foothold in the facial skin care market since demand is much higher than other skincare products. Nearly 40% of the total demand for blue light protection chemicals will come from the facial skincare segment.
Based on the distribution channel, the global blue light skincare market is bifurcated into B2B, B2C, and online retail.
The online retail segment is the highest contributor to the market and is expected to grow during the forecast period. Most people now prefer to shop online because of the convenience of next-day delivery and deep discounts. The company is changing to an Omni channel presence and focusing on growing its digital presence to boost sales. Additionally, rising internet penetration and the development of cosmetics-focused e-commerce platforms are expected to fuel expansion in this market category. The retail industry, as we know, the rise of e-commerce is transforming it. Due to the convenience, lower pricing, and broader selection offered by online marketplaces, blue light cosmetics are increasingly being purchased by modern consumers in this way.
The global blue light skincare market is bifurcated into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
Europe is the most significant shareholder in the global blue light skincare market and is expected to grow during the forecast period. The expansion of the domestic cosmetics industry and the subsequent push for chemical-free alternatives are primary drivers of economic development in the area. Due to increased product development and constant developments, the European cosmetic sector is a significant player in the worldwide, blue light skincare market. Personal care item demand has been affected by shifting consumer attitudes and increased regional disposable income. The local populace is actively advocating for the purchase of environmentally friendly goods. Government rules and regulations concerning the safety and sustainability of cosmetic products have also contributed to the market's expansion in the previous five years. Europe's leading economies are seeing consistent demand for blue light skincare products: Germany, France, Italy, Spain, and the United Kingdom.
North America is expected to grow during the forecast period. Changing consumer preferences and a dramatic shift to skincare goods have contributed significantly to expanding the skincare, luxury cosmetic, and personal care product industries in the United States. Awareness of the risks of blue light is higher in the US than in many countries. Several major firms have established footholds in the country to meet the needs of local consumers. The average American spends four or five hours a day staring at electronic devices emitting blue light. Sales of blue light skincare products have been on the rise recently, thanks to people's growing interest in the topic and their increasing purchasing power. This regional market expansion can be attributed mainly to the increasing number of young adults and the corresponding rise in online beauty spending.
The Chinese market is still significant from both a manufacturing and consumer standpoint. China's economic growth is fueled by the country's fast developing cosmetics industry and rising manufacturing facilities. Consumer spending on cosmetics in China continues to soar by double digits every year, reports the country's official statistics agency. In addition, there are new openings thanks to the growing movement to reduce exposure to harmful UV rays, which can cause various skin illnesses. With the rising popularity of Japanese cosmetics, the market for blue-light-blocking chemicals is expanding.
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