Self-Tanning Products Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2032

As per the report published by The Brainy Insights, the global self-tanning products market is expected to grow from USD 845.6 million in 2021 to USD 1490.43 million by 2030, at a CAGR of 6.5% during the forecast period 2022-2030. Europe emerged as the largest market for the global self-tanning products market with a 36.6% share of the market revenue in 2022. Europe currently dominates the self-tanning market due to an increase in regulations related to DHA in self-tanning products, while Asia-Pacific is expected to rise in the forecast period due to the rising demand for skincare products in emerging markets in India and China.

Self-Tanning Products Market Size By Product form (Lotions, Gels, Spray, Cream, Oil, and Others), By Application (Men, Women), By Distribution Channel (Online, Supermarkets & Hypermarkets), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

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Leading companies in the industry include The Estée Lauder Companies Inc., St. Tropez, L'Oréal, Shiseido Co. Ltd., Kao Corporation, Unilever, Johnson & Johnson Services, Beiersdorf AG, Inc., Avon Products, Inc., and Clarins among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The product form type segment is divided into lotions, gels, spray, cream, oil, and others. The lotions segment dominated the market, with a market share of around 26.6% in 2021. The application segment is divided into men and women. Over the forecast period, the women segment is expected to grow at the fastest CAGR of 10.2%. The distribution channel segment is divided into online, supermarket & hypermarket. In 2021, the supermarket & hypermarket segment dominated the market, accounting for around 63% of global revenue. Because of the rising concern among people for skin and its related diseases, the market for self-tanning products evolved. Because of the increasing pollution and temperature, there are skin diseases evolving, so to control those diseases, people are using self-tanning products to create a layer of protection for the skin from the harmful UV rays. There are several benefits of using self-tanning products, such as it gives instant and long-lasting results proving much better and even tan to the skin as compared to natural tans.

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Rising cases of skin diseases and other risks associated with the skin due to more exposure to the sun have become a tension for people. People are searching for new products which can protect them from the UV rays of the sun and give their skin an even tone. Moreover, the growing production of self-tanning products specially designed for use in extreme weather conditions is also expected to boost the market growth. For instance, a sunless sublime glow which is a self-tanning product from Loreal is designed for use in extremely cold regions where people suffer from skin conditions such as dry skin and pale facial coloring.

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