Blue Light Skincare Market 2021: Future Trends, Key Players: DSM Nutritional Products, LLC, Clariant International Ltd

Blue Light Skincare Market

The blue light skincare market is projected to grow at an exponential growth rate during the forecast period as the term 'digital aging' is gaining popularity. The adverse impacts of excessive use of laptops and smartphones on the health and skin of people have surged the demand for blue light skincare. As per the Unilever Science and Technology Study, around 30 hours of exposure to blue light may increase the inflammation level in the skin by 40%. Many cosmetic and skincare product manufacturers are capitalizing on the growing opportunity by introducing blue light skincare products.

Increased awareness among consumers and high disposable incomes are major driving factors for the demand for blue light skincare products. The rising number of working women populaces, particularly in the emerging economies is fueling the market growth. Moreover, the popularity of blue light skincare products among men and the growing focus on aesthetics is determining the market's growth trajectory during the studied time. The adoption of organically sourced blue light ingredients in cosmetics and personal care products will bolster the market growth in the coming years.

In the last few decades, there has been a rapid surge in the demand for electronic gadgets such as smartphones, tablets, and laptops. Individuals today spend most of their time on smartphones or laptops. The amount of time people spend on smartphones has substantially risen in the past few years, resulting in health and skin disorders. The daily exposure to blue light emitted from electronic devices such as smartphones and laptops may accelerate premature aging, among people. According to the research study of Oregon State University, the blue wavelengths emitted from the gadgets may harm cells in the retinas and the brain.

Around 64% of people across the globe are unaware of the impact of blue light on the skin, as per the statistics presented by Unilever Group. Blue light can penetrate and harm the skin in a similar way as UV rays. The prolonged exposure to blue light can cause damage to the skin and lead to other health effects such as sleeping disorders among many individuals. Today, there is a growing concern among people regarding air and light pollution, resulting in the search for products to safeguard health.

Personal care and cosmetic formulators are looking for ways to protect skin from harmful blue light and environmental pollution. The 55% increase in the time spent on social media and a 45% increase in gaming on smartphones is thus highlighting the higher use of blue light skincare products worldwide.

The cosmetic and personal care industry is undergoing an evolution and is extensively adopting natural ingredients. The cosmetic manufacturers are including natural environment-based ingredients in the formulation of their products. Moreover, the rising consumer demand for natural personal care products has led to the search for products with minimum chemicals and harmful toxins. Owing to the several advantages of organic blue light ingredients, cosmetic manufacturers are formulating strategies and finding ways to use them in skincare products.

Online retail is projected to hold the largest market share in the global blue light skincare market during the forecast period. The one-day delivery options combined with huge discounts have attracted most people to shop online. The company seeking higher revenues is shifting to the omnichannel presence and channelizing efforts to increase digital presence. Europe is expected to dominate the global blue light skincare market with the fastest-growing rate during the forecast period. The growth in the region is majorly attributed to the burgeoning domestic cosmetics industry and increased focus on chemicals free products. The European cosmetic industry plays a vital role in the global blue light skincare market owing to increased product development and continuous innovations.

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The Major Prominent Players Covered in this Report:
DSM Nutritional Products, LLC, Clariant International Ltd, RAHN AG, BASF Group, Croda International Plc, Ashland Global Specialty Chemicals Inc., Kobo Products, Inc., Industries, Lonza Group, SkinCeuticals International (L’Oréal USA, Inc.), Solara Suncare, Inc., Skinbetter Science, LLC, Galactic Beauty, LLC, ISDIN, S.A., EltaMD, Inc., COOLA LLC., and many others.

By Form Type
Solid/Semi-Solid
Liquid

By Nature
Organic
Conventional

By Application
Facial Skincare
Facial Creams and Moisturizer
Serums
Facial Gels/Oils
Others
Body Care Products
Cosmetic Products
Foundations
Primers and Concealers
Others

By Distribution Channel
B2B
B2C
Store-Based Retail
Convenience Stores
Hypermarkets/ Supermarkets
Specialty Retail Stores
Online Retail

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2021 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Blue Light Skincare Market Trends:
- The report identifies, determines, and forecasts the Global Blue Light Skincare Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Blue Light Skincare Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Blue Light Skincare Market.

Key Questions Answered in The Report:
What will the Blue Light Skincare market growth rate?
What are the key factors driving the global Blue Light Skincare market?
Who are the key manufacturers in the Blue Light Skincare market space?
What are the market opportunities, market risk, and market overview of the Blue Light Skincare market?
What are sales, revenue, and price analysis of top manufacturers of the Blue Light Skincare market?
Who are the distributors, traders, and dealers of the Blue Light Skincare market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Blue Light Skincare Industry?
What are sales, revenue, and price analysis by regions of Blue Light Skincare industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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