Global Self-tanning Products Market is valued approximately USD 876.97 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2028. As consumers have become more aware of the health and long-term aesthetic repercussions of excessive sun exposure, self-tanning solutions have become more popular. Skin cancer cases are steadily rising as a result of widespread UVA and UVB exposure, which has fueled the demand of such devices. The COVID-19 pandemic has had a devastating effect on the market, as the majority of the consumer base is located in Europe and North America, both of which have been significantly impacted by the epidemic. In the coming years, rising worries about skin illnesses and other health problems related with sun exposure will drive greater demand for such products. Because lotions and gels are regularly administered, they are among the most popular items. Lotions and gels are easy-to-use rapid remedies for addressing dry skin, in addition to benefits such as instant hydration, fewer breakouts, and refreshed skin. Sunless tanners are products that give the skin a tanned appearance without exposing it to damaging ultraviolet (UV) radiation.. However, the market's growth would be hampered by the side effects of these products over the projection period of 2022-2028.
The key regions considered for the global Self-tanning Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe had the biggest market share, and this is likely to continue throughout the projection period. Consumer preference has shifted toward organic and natural lotions as a result of greater regulations on DHA in self-tan products, owing to a rising knowledge of its adverse effects on the skin. From 2022 to 2028, Asia Pacific is predicted to be the fastest-growing regional market. The Asia Pacific market is expected to benefit from rising demand for skincare and cosmetic products in emerging markets such as China and India, due to factors such as a growing number of new product launches and rising concerns about skin health, the harmful effects of UV rays, and skin conditions.
Major market player included in this report are:
The Estee Lauder Companies Inc.
L'Oreal
Shiseido Co., Ltd.
St. Tropez
Unilever
Kao Corporation
Beiersdorf AG
Johnson & Johnson Services, Inc.
Avon Products, Inc.
Clarins
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Lotions
Gels
Others
By Application
Men
Women
By Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Self-tanning Products Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
