Global Self-Tanning Products Market was valued at 1.06 Billion USD for the year 2022 and is expected to grow at a CAGR of 5.2% to become a 1.51 Billion USD market by the year 2029
Self-Tanning Products Market Statistics:
The MMR study includes market size and share information for the Self-Tanning Products Market . For those responsible for advertising and industry decision-making in the Self-Tanning Products market, the study is an invaluable resource because it helps with market comprehension and provides upfront statistics and numbers.
Self-Tanning Products Market Overview:
Our research examines the Self-Tanning Products market’s most recent revenue and market trends. The report focuses on market overviews, definitions, and frameworks as well as proactive and planned management. The research focuses on the elements—supply, capacity utilisation, cost, market share, and gross margin—that influence the Self-Tanning Products Market. Additionally, it aids in estimating the market’s potential for growth in the years to come. The report provides a broad overview of the market by emphasising common topics and incorporating specialised data based on the requirement. This overview may be helpful to you in deciding how to approach the market and comprehending the history of the industry.
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Self-Tanning Products Market Research Methodology:
A bottom-up approach was used to estimate the market size and competitive landscape for the Self-Tanning Products Market. The analysis of historical data (2018-2022) for the overall Self-Tanning Products Market industry in Global contains extensive analysis of industry dynamics, the competitive landscape, manufacturers’ development, product exports and imports, purchasing power parity of the country, market scenario, market share of the given countries, and growth rate.
The market analysis is a combination of primary and secondary research methods to collect data for the report. The gathered data was then combined to estimate the market size. In the secondary research, different sources were used, such as OECD, World Bank (WITS), WTO, Asia Pacific Economic Cooperation, OEC World, Trade Map Organization, Maximize Market Research data source, and others. Additionally, government databases, annual reports of listed companies, industry-related blogs, and articles were also referred to for secondary data collection. To estimate the market size for Self-Tanning Products Market, we referred to the demand and consumption of equipment, along with the major providers and manufacturers in Global. We also considered the detailed price analysis of component from manufacturers and suppliers globally.
Segmentation:
Lotions and creams are widely popular in the self-tanning market due to their ease of application and versatility. The global self-tanning product segment of the lotions and creams market is projected to grow at a CAGR of 6.3% between the period 2023 to 2029. Factors driving the demand for this segment include their familiarity, affordability, and the availability of various formulations for different skin types, such as gradual tanning lotions for a more controlled tan. Brands are introducing innovative features, such as quick-drying formulas (e.g., Bondi Sands Self-tanning Foam) and lotions with added skincare benefits (e.g., Clarins Self-tanning Milky-Lotion) to cater to evolving consumer preferences.
by Product Type
1. Lotions and Creams
2. Sprays and Mists
3. Mousses and Foams
4. Gels and Serums
5. Wipes
by End-User
1. Women
2. Men
3. Unisex
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Competitive Landscape
The market research study provides a detailed description of several Self-Tanning Products market segments. The report was produced using both primary and secondary sources of information. Press releases, annual reports, government websites, and the opinions of several specialists, analysts, experts, and researchers from various companies in this area are among the primary research sources. Secondary sources include things like political, social, and market scenarios. A report detailing the prerequisites for greater growth is produced using the data from these two sources.
Key Players:
1. L’Oréal S.A. – France
2. The Estée Lauder Companies Inc. – United States
3. Johnson & Johnson – United States
4. Beiersdorf AG – Germany
5. Shiseido Company, Limited – Japan
6. Coty Inc. – United States
7. Avon Products, Inc. – United Kingdom
8. Kao Corporation – Japan
9. Procter & Gamble Co. – United States
10. Unilever PLC – United Kingdom
11. Clarins Group – France
12. St. Tropez Tan Ltd. – United Kingdom
13. Fake Bake Cosmetics – United Kingdom
14. Australian Gold LLC – United States
15. Vita Liberata – United Kingdom
16. Tan-Luxe Ltd. – United Kingdom
17. MineTan – Australia
18. Bondi Sands – Australia
19. Caribbean Tan – South Africa
20. Bali Body – Australia
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The Market Study Objectives are:
- The analysis examines current industry trends and market prospects in North America, Asia Pacific, Europe, South America, the Middle East and Africa.
- The important elements that are accelerating Market expansion are discussed in the study report.
- Several measures are used to compute year-over-year growth (percent) and compound annual growth rate (CAGR) over the forecasted time.
- Based on geographic breadth, market segmentation, and key player financial performance, the study gives a market overview.
Key Offerings:
- A detailed Self-Tanning Products Market Overview
- Self-Tanning Products Market Share, Size & Forecast by Revenue | 2023−2029
- Self-Tanning Products Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Self-Tanning Products Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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