Global Sunless Tanners Strategic Business Report 2023: Multifunctional Self-Tanning Products with Multiple Benefits Grow in Popularity


Dublin, March 02, 2023 (GLOBE NEWSWIRE) -- The "Sunless Tanners: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Sunless Tanners estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2.3 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.

Lotions, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$1.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Gels segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $402.5 Million, While China is Forecast to Grow at 7.6% CAGR

The Sunless Tanners market in the U.S. is estimated at US$402.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$130.5 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$123.4 Million by the year 2030.

Select Competitors (Total 68 Featured) -

  • Avon Products, Inc.
  • Beiersdorf AG
  • Christian Dior SE
  • Edgewell Personal Care LLC
  • Fake Bake
  • Johnson & Johnson Services, Inc.
  • Kao Corporation
  • L'Oreal S.A.
  • Shiseido Co., Ltd.
  • TanTowel
  • The Estee Lauder Companies, Inc.
  • Unilever Plc

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics

Report AttributeDetails
No. of Pages280
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.5 Billion
Forecasted Market Value (USD) by 2030$2.3 Billion
Compound Annual Growth Rate5.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • General Assessment of Impact of COVID-19 on Personal Care and Beauty Industry
  • Global Personal Care Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • COVID-19 Brings Seminal Shifts in Beauty Consumption Patterns with New Trends
  • Self Tanning Products Market to Improve after COVID-19 Outbreak Setback
  • E-Commerce Wave Unlikely to Recuperate Losses for Beauty Products Caused by COVID-19-Led Store Closures
  • Sunless Tanners - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Sunless Tanners: A Prelude
  • Types of Sunless Tanners
  • Advantages & Disadvantages of Sunless Tanners
  • Outlook: The Desire for Glowing, Healthy and Naturally Tanned Look Boosts Market Growth
  • Europe Leads Sunless Tanners Market, Emerging Markets Set to Spearhead Future Growth
  • Concerns over Skin Cancer Move UV-Free Tanners Demand in Upward Trajectory
  • Skin Cancer Rates Across Select Countries: 2018
  • Promising Growth of Sun Care Market: A Considerable Opportunity for Sunless Tanners Market
  • Global Sun Care Market by Product Segment (2020): Percentage Breakdown of Value Sales for After Sun Products, Self-Tanning Products and Sun Protection Products
  • Competition
  • A Fragmented Market
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Advanced Formulas and Technologies Pep up Growth in Sunless Tanning Market
  • Mists Gain Popularity
  • Innovative Products and Formulations Help Self-Tanners Support Growth
  • A Glimpse of Select Recently Unveiled Formulations
  • Tanning Water: A Popular Emerging Trend
  • Advanced Technologies Come to the Fore
  • Understanding the Usage and Performance of Self-Tanners
  • Characteristics that Make a Great Self Tanner
  • Manufacturers Focus on Developing DHA-Free Sunless Tanning Products
  • Natural & Organic Ingredients Gather Steam
  • Select Unique Ingredients in Sunless Tanners & Their Benefits
  • Select Sun Tanners with Natural & Organic Ingredients
  • Multifunctional Self-Tanning Products with Multiple Benefits Grow in Popularity
  • Self-Tanning Market Gets Premium Makeover
  • Self-tan Eraser Products: Prepping Skin for Next Application of Tan
  • Improving Manufacturing Processes and Quality of Ingredients Resolve Orange Color Effect and Unpleasant Odor Issues in Self-Tan Products
  • Self-Tanning Products for Sensitive Skin: Addressing Needs of People with Skin Issues
  • Rising Popularity of Tanning among Men Augurs Well for Sunless Tanners Market
  • Share of Men Using Tanning Products and Services in the UK: 2015 Vs 2019
  • Millennials: A Strong Demographic
  • Global Millennials Population Spread by Region: 2019
  • Millennial Population as a Percentage (%) of Total Population in Select Countries: 2019
  • How Safe Are Self-Tanning Products?
  • Sunless Tanning Pills: An Ingestible Alternative to Fake Tan Products
  • Rising Prominence of Home Remedies Threatens Commercial Self-Tan Products
  • Social Media Emerges as a Vital Tool to Increase Consumer Engagement and Promote Sales

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/218k32

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Global Market for Sunless Tanners

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