Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Self-Tanning Care Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.9% during the review period (2022 to 2027).
Self-Tanning Care Market Overview
Global demand for self-tanning care products is growing as disposable income increases and public awareness of the health hazards associated with sun exposure rises. Additionally, the popularity and use of self-tanning products have increased due to the rise in skin cancer cases, predicting a significant increase in sales throughout the projection period. Additionally, more businesses are beginning to diversify their product offerings and choose novel strategies to enter the market. Customers have benefited from this, which has increased demand for the goods.
Who are the Major Players in Self-Tanning Care Market?
The global Self-Tanning Care includes Estée Lauder Companies, Kao Corporation, L'Oréal Group, Procter and Gamble, Unilever, Beiersdorf, Johnson and Johnson, Avon Products, Shiseido, ST. Tropez, Organic Pharmacy, Clarins, Jergens, Lancome, Isle of Paradise
Recent Developments:
L’Oréal’s venture capital fund bold acquires a minority stake in Sparty, a japanese startup dedicated to personalized beauty
20 May 2022 – L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in Japanese beauty startup SPARTY, Inc. This investment in SPARTY marks the first venture capital investment by L’Oréal in Japan.
Based in Tokyo, SPARTY has successfully created a D2C business model grounded in personalized beauty, with brands such as Medulla in haircare and Hotaru in skincare. This unique business model enables consumers in Japan to enjoy both a personalized product and a personalized consumer experience.
L'Oréal creates BOLD FEMALE FOUNDERS to invest in start-ups launched by women entrepreneurs
25 May 2022 – The L’Oréal group, the world’s leading beauty player, announces today the launch of the L’Oréal BOLD FEMALE FOUNDERS initiative designed to support female-led startups. It will be developed by its venture capital fund, BOLD Business Opportunities for L’Oréal Development, through a dedicated initial allocation of 25 million euros.
What are the major Applications, Types and Regions for Self-Tanning Care Market?
Self-Tanning Care Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
- SPF below 15
- SPF 15 to 29
- SPF 30 to 49
- SPF over 50
By Application it is segmented into
- Normal Skin
- Dry Skin
- Oily Skin
Self-Tanning Care Market Regional Analysis
According to the region's high disposable income and rising cosmetics spending, North America is likely to hold a significant proportion of the self-tanning product market. Additionally, an increase in skin cancer cases in the US has prompted people to search for alternative methods of tanning their skin. For instance, the United States alone treats almost five million patients for skin cancer each year. Additionally, businesses have done well in the American market given that Americans and Canadians enjoy getting their skin browned. Due to these encouraging developments, self-tanning product usage has surged in the area and is anticipated to grow moderately over the next 6 years.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Self-Tanning Care Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.9% during the review period (2022 to 2027).
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By Type
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- SPF below 15
- SPF 15 to 29
- SPF 30 to 49
- SPF over 50
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By Application
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- Normal Skin
- Dry Skin
- Oily Skin
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By Companies
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Estée Lauder Companies, Kao Corporation, L'Oréal Group, Procter and Gamble, Unilever, Beiersdorf, Johnson and Johnson, Avon Products, Shiseido, ST. Tropez, Organic Pharmacy, Clarins, Jergens, Lancome, Isle of Paradise
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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119
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Self-Tanning Care Report
- Evaluate Self-Tanning Care market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Self-Tanning Care market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Self-Tanning Care market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Self-Tanning Care Market is studied from 2017 - 2027.
What is the growth rate of Self-Tanning Care Market?
The Self-Tanning Care Market is growing at a CAGR of 5.9% over the next 5 years.
Who are the leading key players in Self-Tanning Care Market?
Estée Lauder Companies, Kao Corporation, L'Oréal Group, Procter and Gamble, Unilever, Beiersdorf, Johnson and Johnson, Avon Products, Shiseido, ST. Tropez, Organic Pharmacy, Clarins, Jergens, Lancome, Isle of Paradise
What regions does this Self-Tanning Care Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Self-Tanning Care Market?
SPF below 15, SPF 15 to 29, SPF 30 to 49, SPF over 50
What are the significant Applications of Self-Tanning Care Market?
Normal Skin, Dry Skin, Oily Skin
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
