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Sunscreen Market Research

The document outlines the development of a hybrid sunscreen lotion, analyzing similar products in the market, the efficacy of proposed ingredients, and potential market success. It highlights the growing sun care market, particularly in India, and emphasizes the importance of ingredient safety, consumer preferences, and product differentiation for market acceptance. The proposed sunscreen is positioned in the mid-to-premium segment with a recommended pricing strategy and projected sales based on market trends and promotional strategies.
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0% found this document useful (0 votes)
34 views14 pages

Sunscreen Market Research

The document outlines the development of a hybrid sunscreen lotion, analyzing similar products in the market, the efficacy of proposed ingredients, and potential market success. It highlights the growing sun care market, particularly in India, and emphasizes the importance of ingredient safety, consumer preferences, and product differentiation for market acceptance. The proposed sunscreen is positioned in the mid-to-premium segment with a recommended pricing strategy and projected sales based on market trends and promotional strategies.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Developing a hybrid sunscreen lotion with the specified ingredients positions your product

within the competitive sun care market. Here's an analysis of similar products, the efficacy of
your formulation, and the potential market success:

Similar Products in the Market:


Several sunscreens incorporate ingredients akin to your proposed formulation:

 Bello Photostable Sunscreen Emulgel 55: This product contains UV filters such as
Ethylhexyl Methoxycinnamate and Methylene Bis-Benzotriazolyl Tetramethylbutylphenol
(Tinosorb M), aligning closely with your formulation.

The Beauty Inside Out

 Rivela Derma Science Tinosorb M + Zinc Oxide Mineral Sunscreen: This sunscreen
features Tinosorb M, similar to your proposed product, combined with Zinc Oxide for
broad-spectrum protection.

incidecoder.com

Efficacy of Proposed Ingredients:

Your selected ingredients offer comprehensive sun protection and skin benefits:

 Benzophenone-3 (Oxybenzone): An organic UV filter that absorbs UVB and short UVA
rays, protecting the skin from sunburn and UV-induced damage.

cosmetics.specialchem.com

 Ethylhexyl Methoxycinnamate: A chemical sunscreen agent effective in absorbing UVB


radiation, preventing skin damage.

incidecoder.com

 Methylene Bis-Benzotriazolyl Tetramethylbutylphenol (Tinosorb M): A broad-spectrum


UV filter that protects against both UVA and UVB rays and helps stabilize other
sunscreen filters.

healthline.com

 Titanium Dioxide: An inorganic UV filter that physically reflects and scatters UV


radiation, providing effective protection against both UVA and UVB rays.

cosmeticscience.net
 Niacinamide, Sodium Hyaluronate, Betaine, Propanediol, Tocopheryl Acetate: These
ingredients offer additional skin benefits, such as moisturizing, anti-inflammatory
properties, and enhanced skin barrier function.

Market Potential:

The sun care products market is experiencing significant growth:

 Global Trends: The global sun care products market size was valued at USD 14.90 billion
in 2024 and is projected to reach USD 22.28 billion by 2032, exhibiting a CAGR of 5.35%
during the forecast period.

fortunebusinessinsights.com

 Indian Market: India's sun care market has been growing, driven by increased awareness
of skin health and UV protection.

Research and Markets

Considerations for Market Success:

 Ingredient Safety and Regulations: Some ingredients, such as Benzophenone-3


(Oxybenzone), have raised environmental and health concerns, leading to regulatory
scrutiny in certain regions. It's crucial to stay updated on local regulations and consider
safer alternatives if necessary.

jaad.org

 Consumer Preferences: There's a growing demand for sunscreens with natural and
organic ingredients. Aligning your product with these preferences could enhance its
market appeal.

imarcgroup.com

 Product Differentiation: Highlighting unique features, such as additional skin benefits


from ingredients like Niacinamide and Sodium Hyaluronate, can set your product apart
in a competitive market.

In conclusion, your proposed hybrid sunscreen lotion, formulated with a blend of effective UV
filters and skin-beneficial ingredients, has the potential to succeed in the growing sun care
market. However, it's essential to consider regulatory guidelines, consumer preferences for
natural ingredients, and clear product differentiation to enhance market acceptance and
success.
Products in the Indian market with
similar composition
Several sunscreen products available in the Indian market share a composition similar to your
proposed hybrid sunscreen lotion. Here's a list of such products, along with their prices and
available market share information:

Sunhalt Gold SPF 50 PA+++


Contains Ethylhexyl Methoxycinnamate, Butyl Methoxydibenzoylmethane, Benzophenone-3,
Tinosorb M, and Titanium Dioxide. Priced at ₹450 for 60g.

thebeautyinsideout.com

Curatio Photobloc SPF 50+ PA++++


Features Octinoxate, Oxybenzone (Benzophenone-3), Octocrylene, Avobenzone, Tinosorb M,
Tinosorb S, and Titanium Dioxide. Priced at ₹584 for 50g.

thebeautyinsideout.com

Adcross Anti Pollution Aqua Gel SPF 50


Includes Octinoxate, Nanonized Zinc Oxide, Micronized Titanium Dioxide, Benzophenone-3,
Tinosorb M, and Alpha-Tocopheryl Acetate. Priced at ₹889 for 60g.
thebeautyinsideout.com

Sunstop Gold Sunscreen Gel SPF 55 PA+++


Contains Octinoxate, Tinosorb M, Tinosorb S, Uvinul A Plus, and Uvinul T150. Priced at ₹750 for
50g.

thebeautyinsideout.com

Dot & Key Watermelon Hyaluronic Cooling Sunscreen SPF 50 PA+++


Features Ethylhexyl Methoxycinnamate, Butyl Methoxydibenzoylmethane, Benzophenone-3,
Tinosorb M, Titanium Dioxide, Sodium Hyaluronate, and Niacinamide. Priced at ₹495 for 50ml.

amazon.in
Market Share Information:

The Indian sunscreen market has witnessed significant growth, with various brands capturing
notable shares:

 Sun Pharma: Leads the prescription sunscreen market with approximately 18% share,
represented by brands like Photostable and Suncros.

timesofindia.indiatimes.com

 Hegde & Hegde: Offers the 'SunBan' sunscreen, which holds a significant position in the
market.

timesofindia.indiatimes.com

Overall, the Indian sunscreen market was valued at USD 0.89 billion in 2024 and is expected to
reach USD 1.32 billion by 2030, growing at a CAGR of 6.80%.

researchandmarkets.com

Please note that specific market share data for individual products listed above is limited. The
market is characterized by a mix of established pharmaceutical brands and emerging skincare
companies, each contributing to the sector's growth.

Emerging Sunscreen Lotions In India

Several emerging sunscreen lotions in India have garnered attention for their innovative
formulations and effective sun protection. Here's an overview of some prominent products,
their pricing, and a comparison with your proposed formulation:

1. Fixderma Shadow Sunscreen SPF 50+ Cream PA+++


 Key Ingredients: Ethylhexyl Methoxycinnamate, Benzophenone-3, Butyl
Methoxydibenzoylmethane, and Titanium Dioxide.

 Price: ₹423 for 75g.

amazon.in

 Comparison: This sunscreen shares several active ingredients with your formulation,
including Benzophenone-3, Ethylhexyl Methoxycinnamate, and Titanium Dioxide.
However, it does not contain Methylene Bis-Benzotriazolyl Tetramethylbutylphenol
(Tinosorb M), Niacinamide, Sodium Hyaluronate, or Tocopheryl Acetate.

2. IPCA Acne UV Gel SPF 30

 Key Ingredients: Octyl Methoxycinnamate, Avobenzone, and Octocrylene.

 Price: ₹725 for 60ml.

thebeautyinsideout.com

 Comparison: This gel-based sunscreen focuses on chemical filters and does not include
physical blockers like Titanium Dioxide. It also lacks Tinosorb M, Niacinamide, Sodium
Hyaluronate, and Tocopheryl Acetate found in your formulation.

3. La Shield Sunscreen Gel SPF 40 P+++

 Key Ingredients: Octyl Methoxycinnamate, Avobenzone, and Oxybenzone.

 Price: ₹600 for 60g.

Elle India

 Comparison: Similar to your formulation, it contains chemical filters like Oxybenzone


(Benzophenone-3) and Octyl Methoxycinnamate. However, it does not include Tinosorb
M, Niacinamide, Sodium Hyaluronate, or Tocopheryl Acetate.

4. Re'equil Oxybenzone and OMC Free Sunscreen SPF 50 PA+++

 Key Ingredients: Zinc Oxide and Titanium Dioxide.

 Price: ₹460 for 50g.

Elle India

 Comparison: This sunscreen utilizes mineral filters and is free from Oxybenzone and
Octyl Methoxycinnamate, differing from your formulation's chemical filters. It also lacks
Tinosorb M, Niacinamide, Sodium Hyaluronate, and Tocopheryl Acetate.
5. Suncros Matte Finish Soft SPF 50+ PA+++

 Key Ingredients: Micronized Zinc Oxide.

 Price: ₹550 for 50g.

Elle India

 Comparison: This sunscreen relies on Zinc Oxide as its primary filter, differing from your
formulation's combination of chemical and physical filters. It does not contain Tinosorb
M, Niacinamide, Sodium Hyaluronate, or Tocopheryl Acetate.

Key Differences from Your Proposed Product:

 Ingredient Composition: Your formulation includes a blend of chemical filters


(Benzophenone-3, Ethylhexyl Methoxycinnamate, AZOBENZENE) and physical blockers
(Titanium Dioxide), along with skin-beneficial ingredients like Niacinamide, Sodium
Hyaluronate, and Tocopheryl Acetate. The listed emerging products often focus on either
chemical or physical filters and may not incorporate the same combination of skin-
beneficial ingredients.

 Inclusion of Tinosorb M: Your product features Methylene Bis-Benzotriazolyl


Tetramethylbutylphenol (Tinosorb M), a broad-spectrum filter not commonly found in
the listed products.

 Additional Skin Benefits: The inclusion of Niacinamide, Sodium Hyaluronate, Betaine,


and Tocopheryl Acetate in your formulation offers added moisturizing, anti-
inflammatory, and antioxidant benefits, which may not be present in the compared
products.

In summary, while several emerging sunscreen lotions in India provide effective sun protection,
your proposed product differentiates itself through a unique combination of UV filters and
supplementary skin-beneficial ingredients, potentially offering a more comprehensive skincare
solution.

Top-Selling Sunscreen Products

Based on available information, here are some of the top-selling sunscreen products in India,
along with their prices and key features:
Neutrogena Ultra Sheer Dry-Touch Sunblock SPF 50+
This sunscreen offers broad-spectrum protection with a lightweight, non-greasy formula. Price:
₹260 for 30g.

amazon.in

Biotique Sandalwood Sunscreen SPF 50+


An ultra-soothing face lotion that keeps skin soft, fair, and moisturized. It is water-resistant and
suitable for all skin types. Price: ₹213 for 120ml.

amazon.in

Lotus Herbals Safe Sun UV Screen Matte Gel SPF 50


This sunscreen provides a matte finish and is suitable for normal to oily skin. It is paraben-free
and cruelty-free. Price: ₹460 for 100g.

amazon.in
Aqualogica Glow+ Dewy Sunscreen SPF 50 PA++++
Enriched with papaya and vitamin C, this sunscreen offers UVA/B and blue light protection. It is
fragrance-free and suitable for all skin types. Price: ₹381 for 50g.

amazon.in

Dot & Key Watermelon Cooling Sunscreen SPF 50+ PA++++


Formulated with hyaluronic acid, it provides broad-spectrum protection and controls excess oil
without leaving a white cast. Price: ₹382 for 50g.

amazon.in
Please note that prices are approximate and may vary based on the retailer and location. It's
advisable to check the latest prices and availability on official brand websites or authorized
retailers.

In the Indian market, several premium sunscreen lotions have gained prominence for their
efficacy and quality. Here are some top-selling options:

La Roche-Posay Anthelios XL SPF 50+ Fluid


This sunscreen offers broad-spectrum protection with a lightweight, non-greasy formula,
suitable for sensitive skin. Price: Approximately ₹1,700 for 50ml.

Kiehl's Ultra Light Daily UV Defense SPF 50 PA++++


A lightweight sunscreen providing high-level protection against UVA and UVB rays, enriched
with pollution protection. Price: Approximately ₹3,200 for 60ml.
Clinique Super City Block Oil-Free Daily Face Protector SPF 40
An oil-free sunscreen that protects against environmental aggressors, suitable for all skin types.
Price: Approximately ₹2,900 for 40ml.

Shiseido Urban Environment Oil-Free UV Protector SPF 42


This oil-free sunscreen offers protection against UV rays and urban pollutants, with a matte
finish. Price: Approximately ₹2,400 for 30ml.
Estée Lauder Perfectionist Pro Multi-Defense UV Fluid SPF 45
A lightweight UV fluid that defends against environmental aggressors and UV rays, enhancing
skin's natural glow. Price: Approximately ₹4,000 for 30ml.

Please note that prices are approximate and may vary based on the retailer and location. It's
advisable to check the latest prices and availability on official brand websites or authorized
retailers.

Product Pricing Strategy for Your


Sunscreen

Based on market trends and competitor analysis, your sunscreen falls into the mid-to-premium
segment. Your formulation includes a mix of chemical and physical filters, along with
Niacinamide, Sodium Hyaluronate, and Tocopheryl Acetate, making it a high-value product
with skincare benefits.

Competitive Pricing Benchmark

 Mass-market sunscreens (Lotus, Biotique, Aqualogica) are priced ₹200 - ₹500.

 Dermatologist-recommended/Pharmacy brands (Fixderma, La Shield, Re’equil) are ₹500


- ₹800.

 Premium brands (La Roche-Posay, Kiehl’s, Clinique) are ₹1,500 - ₹4,000.


Since your sunscreen includes broad-spectrum filters and skincare actives, it should be priced
in the ₹700 - ₹1,200 range, placing it in the "affordable premium" category, where many Indian
consumers are now willing to spend for high-quality skincare.

Recommended Price:

 Introductory Price: ₹799 for 50ml to attract first-time buyers.

 Long-term Selling Price: ₹999 for 50ml once brand recognition improves.

Projected Sales on Amazon (First 3 Months)

1. Market Trends:

o Amazon India's bestselling sunscreens in your segment (Fixderma, La Shield,


Re'equil) sell 2,000 - 5,000 units/month.

o New brands with good marketing sell around 500 - 1,500 units/month in their
first 3 months.

o Growth is highly dependent on customer reviews, influencer marketing, and


Amazon Ads.

2. Estimated Monthly Sales (First 3 Months):

o Month 1: 300 - 500 units (with aggressive launch promotions and ads).

o Month 2: 700 - 1,200 units (if reviews & word-of-mouth are positive).

o Month 3: 1,500+ units (as the brand gains trust).

If the product is well-received, you can scale up to 3,000+ units/month within 6 months.

Key Success Factors

 Amazon Launch Strategy

o Offer introductory discounts & combo deals (e.g., "Buy 2, Get ₹200 Off").

o Get at least 50+ reviews in the first month to boost trust.

o Use Amazon PPC Ads to rank higher in searches.

o Partner with beauty influencers for credibility.

 Expand to Other Channels


o Flipkart, Nykaa (beauty-focused audience), and direct website sales.

o Offline pharmacy tie-ups (if possible).

Final Recommendation

 Launch Price: ₹799 for 50ml

 Projected Sales (Month 1-3): 300 → 1,500 units/month

 Scaling Potential: 3,000+ units/month in 6 months with strong marketing

Would you like me to create a detailed launch plan, including Amazon ad budget, influencer
collaboration, and a website sales strategy?

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