Global Self-Tanning Products Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Self-Tanning Products Market 2021 (Includes Business Impact of COVID-19)
Global Self-Tanning Products Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global self-tanning products market report has been segmented as per the source, product type, distribution channel, and region.
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The global Self-Tanning Products market size was valued at USD$0.83 billion in 2020 and is projected to reach USD $1.46 billion by 2030, and is anticipated to expand at a CAGR of 2.95% over the forecast period from 2020 to 2030.


Global Self-Tanning Products Market: Overview


The self-tanning products are mainly used to remove skin tan and also improve skin glow and health. The several types of self-tanning products such as creams and lotion, essential oils, cleansers and foaming, and gel and scrubs are associated with multiple benefits and very popular across the globe to enhance the skin glow. In addition, the self-tanning products available at affordable prices in the market.


Global Self-Tanning Products Market: Dynamics


Growing demand for natural and organic self-tanning products and increasing popularity of various self-tanning products such as sprays, creams, gels, lotions, scrub, and others that are associated with multiple benefits. These are major factors projected to drive growth of the global self-tanning products market during the forecast period. In addition, raising awareness about several types of multifunctional personal care products including skin moisturizing, soothing, self-tanning, and anti-aging properties in the various beauty care products among individuals resulting in growing demand for several self-tanning products across the globe. The aforesaid factor is one of the key factors projected to fuel the target market growth.

The rising popularity of various luxury self-tanning products among individuals, increasing physical appearance concern across the globe, rising consumer expenditure of beauty care products are other factors expected to proliferate growth of global market. In addition, rising use of several self-tanning products by individuals at home, due to high expenses of professional tanning services that are time-consuming and sometimes harmful is another factor projected to support growth of the global market.

Furthermore, the rising adoption of organic ingredients at a wide range in the production of various self-tanning products, and increasing products promotional activities through various media channels by major cosmetic products manufacturers. These are some other factors forecasted to propel growth of the global self-tanning products market in the next 10 years.


Global Self-Tanning Products Market: Segment Analysis


Increasing preference towards hypermarkets and supermarkets for target products shopping, owing to various facilities including easy and convenient shopping, availability of sample products, products comparison, availability of a wide range of products, and others. This is the primary factor driving the revenue growth of the hypermarkets and supermarkets segment among the distribution channel segments.


Global Self-Tanning Products Market: Region Analysis


The Europe self-tanning products market account for major share in terms of revenue followed by the market in North America and are expected to dominate the target market over the forecast period. This is due to high beauty consciousness among individuals and high demand for luxury self-tanning products in the countries such as Germany, UK, France, Italy, Canada, and the US in these regions. The market in the Asia Pacific is projected to register the fastest growth in the global market, owing to high adoption of several self-tanning products and high influence of various media channels on consumers in the countries such as China and India in this region. The market in Middle East & Africa and Latin America are projected to register moderate revenue growth, owing to the rising popularity of various self-tanning products among individuals in the countries in these regions.

Global Self-Tanning Products Market Segmentation:

Segmentation by Source:

  
Natural and Organic
  
Conventional

Segmentation by Product Type:

  
Essential Oils
  
Cleansers and Foaming
  
Creams and Lotion
  
Gel and Scrubs

Segmentation by Distribution Channel:

  
Departmental Store
  
Convenience Store
  
Drug Store
  
E-commerce
  
Hypermarkets and Supermarkets


Key Market Players included in the report:


  
Avon Products, Inc.
  
Banana Boat
  
Beiersdorf AG
  
Christian Dior SE
  
Coola LLC
  
Coty Inc.
  
Edgewell Personal Care
  
EstEe Lauder Companies
  
Johnson & Johnson
  
Kao Corporation
  
KOSA Corp.
  
LOrEal Group
  
Marque of Brands Pty Ltd.
  
Procter & Gamble
  
PZ Cussons Plc
  
Shiseido Co., Ltd.
  
St. Tropez Inc.
  
Swallowfield.
  
Tantowel Inc.
  
The Estee Lauder Companies Inc.
  
Ulta Beauty Inc.
Unilever Grou