(MENAFN- PR Newswire)
DUBLIN, May 26, 2023 /PRNewswire/ -- The "sunless tanners: global strategic business report" report has been added to
ResearchAndMarkets.com's offering.
Global Sunless Tanners Market to Reach $2.3 Billion by 2030
In the changed post COVID-19 business landscape, 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
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
A selection of companies mentioned in this report includes
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
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