PUBLISHER: Value Market Research | PRODUCT CODE: 1274330
PUBLISHER: Value Market Research | PRODUCT CODE: 1274330
The global demand for Self-Tanning Products Market is presumed to reach the market size of nearly USD 980.22 MN by 2030 from USD 1763.87 MN in 2022 with a CAGR of 7.62% under the study period 2023 - 2030.
Self-tanning products are a range of skincare products specifically formulated to help people achieve a tanned appearance without sun exposure. These products come in various forms, including lotions, sprays, gels, and mousses. Self-tanning products introduce colour to the skin, mimicking a suntan's appearance. Self-tanning products can be used to achieve various looks, from a subtle, natural-looking tan to a more dramatic bronze glow. They can also be used to contour the body, creating the appearance of a slimmer, more toned physique.
The desire for a fashionable and radiant tan, particularly among young adults, is a major trend expected to drive sales of self-tanning products during the projected period. The increasing incidence of skin cancer caused by UV exposure is a key factor driving the uptake of self-tanning products. Moreover, as consumers become more aware of the health and aesthetic risks associated with excessive sun exposure, self-tanning products have increased in popularity. Furthermore, increasing global demand for natural and organic self-tanning products presents a significant opportunity for manufacturers in the self-tanning product market. However, the potential health risks associated with some ingredients used in these products may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of self-tanning products. The growth and trends of self-tanning products industry provide a holistic approach to this study.
This section of the self-tanning products market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Self-Tanning Products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the self-tanning products market include The Estee Lauder Companies Inc., Beiersdorf AG, Clarins, Avon Products Inc., St. Tropez, L'Oreal, Kao Corporation, Unilever, Johnson & Johnson Services Inc., Shiseido Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.