Europe is Expected to Hold the Largest Market Share In The Global Self-Tanning Products Market During The Forecast Period
Growing
consumer awareness regarding skin benefits and increasing popularity of
DHA-free self-tanning products drives the growth and demand of the self-tanning
products market globally.
According to TechSci
Research report, “Self-Tanning Products Market– Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F”, the global self-tanning products market
is expected to grow during the forecast period as it can shield skin from UV
rays, which have been linked to skin cancer as the primary cause. This is
primarily due to an increase in the number of people who go to the beach for sunbathing.
Additionally, products are produced in a
variety of forms for the convenience of the consumer, including lotion, serum,
drops, and mousse. Sales of the product have increased as a result of these
varied options.
In addition, many people choose
self-tanning procedures rather than traditional sunbathing. Additionally,
natural ingredients are now added to self-tanning products, which is thought to
be the primary factor for their increased popularity.
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data Figures spread through XX Pages and an in-depth TOC on the "Self-Tanning Products Market"
The self-tanning products
market is segmented based on product type, form, nature, end-user, distribution
channel, region, and competitive landscape.
Based on product type, the
global self-tanning products market is segmented into face and body tanners.
Among these, the body tanner segment holds the largest share in the
self-tanning product market due to its increased popularity and skin benefits
which is driving the growth and demand of the self-tanning products market
globally.
The global self-tanning
products market is segmented into lotion, oil, spray, gel, and others (wipes,
etc.) in terms of form. Among these, the lotion form held the largest share in
the market during the forecast period. The rising cases of skin cancer and
other disorders brought on by exposure to ultraviolet (UV) rays are likely to
fuel the demand for lotions. Compared to creams, lotions have a lower oil
content or occasionally none at all. These emulsions frequently use alcohol to
prevent the oil and water components from separating, which results in a silky
feel when the product is applied. Lotions are also less dense, which makes them
simpler to pour or pump.
In terms of nature, the
global self-tanning products market is segmented into natural and organic.
Among these, the organic segment will be the fastest growing during the
forecast period. As organic products are chemical-free and suitable for any
skin type, they are increasingly becoming more popular.. Therefore, organic
self-tanning products fuel the demand of the market globally.
Based on end-user, the
global self-tanning products market is segmented into male, female, and unisex.
Among these, female end users held the largest market share during the forecast period because
grooming products are becoming an increasingly important part of women's daily
routines to improve their appearance and confidence, driving the growth of the
self-tanning product market.
Based on distribution
channel, the global self-tanning products market is segmented into
multi-branded retail stores, departmental stores, supermarkets/hypermarkets,
online, and others. Among these, the supermarkets and hypermarkets segment held
the largest market share during the forecast period. These are service
superstores that offer a wide selection of goods from different categories,
including food, household goods, general merchandise, cosmetics, and personal
care items, all under one roof.
On the basis of region, the
market is segmented into North America, Europe, Asia-Pacific, Middle East &
Africa, and South America. Among these regions, Europe dominated the market
during the forecast period. The European market is likely to benefit from the
rising demand for skincare and cosmetic products as a result of factors like
the rising number of new product launches and growing concerns about skin
health, the damaging effects of UV rays, and skin conditions.. Consumers are
increasingly favoring organic and natural lotions, which drives the growth of
the self-tanning product market globally.
Key Market Players Operating
in the Self-Tanning Products Market include:
- The
Estée Lauder Companies Inc.
- L’Oréal
- Shiseido
Company, Limited
- PZ
Cussons Beauty LLP
- Unilever
PLC
- Kao
Corporation
- Beiersdorf
AG
- Johnson
& Johnson Services, Inc.
- Avon
Products, Inc.
- Clarins
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“The demand for self-tanning products
has been steadily rising due to growing knowledge and scientific evidence about
the harmful effects of UV radiation. As demand for self-tanning products rises,
market participants are expanding their research and development budgets and
diversifying their product lines. Several self-tanning product manufacturers
are releasing new products and diversifying their product lines to increase
their market presence and share. Moreover, consumer awareness has increased due
to numerous marketing initiatives and awareness campaigns launched by
governments and manufacturing firms. People are therefore concerned about the
health of their skin and searching for self-tanning products that won't harm
their skin,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Self-Tanning
Products Market, Global Industry Size, Share, Trends, Opportunity, and
Forecast 2017-2027, Segmented
By Product Type (Face Tanner Vs. Body Tanner), By Form (Lotion, Oil, Spray,
Gel, and Others (Wipes, etc.)), By Nature (Natural Vs. Organic), By End User
(Male, Female, Unisex), By Distribution Channel (Multi Branded Retail Stores,
Departmental Stores, Supermarkets/Hypermarkets, Online, and Others (Pharmacy,
Beauty Parlors/Salon, etc.)) By Region, and By Company, has
evaluated the future growth potential of self-tanning products market globally and provides statistics and information on market structure, size, share,
and future growth. The report provides cutting-edge market intelligence and helps
decision-makers to make sound investment decisions. Besides, the report also
identifies the emerging trends along with essential drivers, challenges, and
opportunities present in the global self-tanning products market.
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