Authored By: Sarah
06 Jan 2022

Self-tan Products Market Size to Grow by $ 171.19 Million through 2021-2025  

Technavio research projects the self-tan products market to grow by $ 171.19 million, accelerating at a CAGR of almost 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Self-tan Products Market: Key Market Driver

One of the primary factors that will trigger the growth of the self-tan products market size is availability of self-tan products with multiple benefits. 28% of the market growth will originate from North America during the forecast period. The US is one of the key markets for self-tan products in North America. However, market growth in this region will be slower than the growth of the market in other regions. The dominance of the Americas can be attributed to the high urbanization rate, growing health and beauty awareness, sedentary lifestyle, and the availability of numerous products and brands will facilitate the self-tan products market growth in North America over the forecast period. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Self-tan lotions help to nourish and repair the skin cells damaged by sunburn or prolonged exposure to the sun. The lotions use different ingredients with medicinal and cosmetic properties. Some self-tan lotions even help in slowing down signs of aging and soothing dry and sunburned skin. They help users to acquire a healthy and glowing tan without any adverse effects of damaging UV outdoor and indoor rays. The growth of the lotions segment is expected to be significant during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

Self-tan Products Market Size to Grow by Over $ 171 Million | Top Drivers, Segments and Vendor Analysis

Self-tan Products Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. COOLA LLC, Coty Inc., Kao Corp., KOSÉ Corp., LOreal SA, Marque of Brands Pty Ltd., PZ Cussons Plc, The Estee Lauder Companies Inc., Ulta Beauty Inc., and Unilever Groupare some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Self-tan Products Market Size to Grow by Over $ 171 Million | Top Drivers, Segments and Vendor Analysis

Self-tan Products Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive Self-tan Products Market growth during the next five years
  • Precise estimation of the Self-tan Products Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the self-tan products industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Self-tan Products Market vendors

Explore Technavio’s Research on other Related Markets for more insights:

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  2. Cosmetic Skin Care Market: The Global cosmetic skin care market is expected to grow by $ 50.04 billion, accelerating at a CAGR of almost 6.39% during the forecast period. Request for Our FREE Sample Report
  3. Cosmetic Surgery and Procedure Devices Market: The Global cosmetic surgery and procedure devices market is expected to grow by $ 4.04 billion, decelerating at a CAGR of about 7.19% during the forecast period. Request for Our FREE Sample Report
  4. Body Masks Market: Technavio has been monitoring the body masks market and it is expected to grow by $ 335.44 million, accelerating at a CAGR of almost 6.51% during the forecast period.  Request for our FREE Sample Report
  5. Cosmetic Serum Market: Cosmetic serum market is set to post an incremental growth of $ 1.19 billion during 2021-2025. The market will progress at a CAGR of 3.94% during the forecast period. Request for our FREE Sample Report

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

 

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