Global Self-tanning Products Market is expected to Reach USD 1.2 billion by 2028

According to the latest research by SkyQuest Technology, the Global Self-tanning Products Market was valued at US$ 0.88 billion in 2021, and it is expected to reach US$ 1.2 billion by 2028, with a CAGR of 4.6% during the forecast period of 2022 - 2028. The research provides up-to-date Self-tanning Products market analysis of the current market landscape, latest trends, drivers, and overall market environment.

Global demand for self-tanning skincare products is growing as consumer income grows and education and awareness of the health hazards associated with direct sunlight rises. Additionally, the demand and use of self-tanning products have increased owing to the increase in skin cancer incidence, predicting a significant spike in business throughout the projection period. Furthermore, products are produced in a variety of forms for the convenience of the client, including lotion, serum, drops, and crème. Demand for that product has improved as a result of these many possibilities.

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Over the past several years, the demand for self-tanning products has steadily expanded. The need for naturally derived self-tanning products increased public knowledge of sun protection, and the expanding appeal of spray tans are all factors contributing to the market's expansion. Likewise, customers' preferences for glowing skin, particularly among women, have boosted expenditure on self-tanning products.
Read Market Research Report, "Global Self-Tanning Products Market By Product (Lotions, Gels, Spray, Oil, Cream, Others), Distribution Channels (Supermarkets, Convenience Stores, Online, Others), and Region - Forecast and Analysis 2022-2028" by SkyQuest

In 2021, owing to rising customer expenditure on skincare, the market in North America is estimated to account for the largest share of the overall self-tanning products market. Customers are increasingly engaged in implementing advanced and safer cosmetic techniques since they are more concerned about how they seem.
Due to growing awareness regarding UV radiation, the self-tanning product market in the Asia Pacific is predicted to grow more quickly over the course of the projected period. Additionally, the market for self-tanning products is anticipated to grow as a result of the rising urbanization in emerging economies on cosmetic goods.

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In the following period, Latin America is expected to experience tremendous growth. The market growth is anticipated to be significantly influenced by the slow but steady economic development in Latin American nations, which would result in increased spending on beauty goods.
A few well-established firms as well as several small- and medium-sized companies make up the global market. One of the most important strategic actions in the sector to obtain competitiveness is product releases. As demand for self-tanning products rises, industry participants are expanding their r&d. budgets and extending their product lines. For instance, in January 2022, the harmless self-tanner from Naru Organics was introduced. It provides consumers with the largest self-tanner on the market, created from organic and naturally derived materials.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about Self-tanning Products Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.

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Report Findings
● Drivers- Customers want DHA-free goods with organic ingredients like cocoa and berry extracts. Customers favor natural alternatives as a result of an increase in health conditions and a proper knowledge of the substances used in self-tanning solutions. During the expected period, this trend is projected to boost the growth of the global market.
● Restraint- Self-tanning items' level of customer knowledge about the contents of the items will hinder market expansion. Additionally, people are afraid to utilize the items out of concern that doing so may harm their skin, which can restrain market expansion during the projected timeline.

What does this Report Deliver?
• Market Estimation for 20+ Countries
• Self-tanning Products Market demand by Region, Sub-Region, and Country
• Customization on Segments, Regions, and Company Profiles
• 100+ tables, 150+ Figures
• Global, Regional and Country specific Self-tanning Products Market Trends
• Comprehensive Mapping of Self-tanning Products Industry Parameters
• Attractive Investment Proposition in the Global Self-tanning Products Industry
• Competitive Strategies Adopted by Self-tanning Products Market Key Players
• Drivers, Restraints, Opportunities, Challenges and the impact on the Self-tanning Products Market Size
• Market growth rate till 2028
• Regulatory scenario, regional dynamics, and Self-tanning Products market insights of leading countries in each region
• In-depth Market insights by Region and Country
• Market Segmentation Trend Analysis, Opportunities and Growth
• Porter's five force analysis to know the market's condition
• Pricing Analysis and Self-tanning Products Market Sales
• Parent market analysis
• Product portfolio benchmarking
SkyQuest has segmented the Global Self-tanning Products Market based on Product, Distribution Channel, and Region:
● Global Self-tanning Products Market by Product (Revenue, US$ billion, 2021 - 2028)
o Gels
o Lotions
o Spray
o Cream
o Oil
o Others

● Global Self-tanning Products Market by Distribution Channel (Revenue, US$ billion, 2021 - 2028)
o Supermarkets
o Convenience stores
o Online
o Others

● Global Self-tanning Products Market by Region (Revenue, US$ billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Latin America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA

Key Players in the Global Self-tanning Products Market
• PZ Cussons Plc. (UK)
• Bondi Sands (Australia)
• Tan-Luxe (Future Beauty Labs) (UK)
• Isle of Paradise (UK)
• Pradas Glow (US)
• Kao Corporation (Japan)
• Coola LLC. (US)
• Clarins (France)
• Johnson & Johnson Services, Inc. (US)
• Crown Laboratories, Inc. (US)
• Avalon Natural Products, Inc. (US)
• L'Oréal S.A. (France)
• Skinerals (US)

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This release was published on openPR.