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Europe Self-Tanning Products Market to Reach $374.20 Billion by 2030, Growing at a 4.2% CAGR from 2023's $280.56 Billion Valuation

08-21-2024 07:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: STELLAR MARKET RESEARCH

Europe Self-Tanning Products Market

Europe Self-Tanning Products Market

๐„๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก:

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ is estimated to grow at a CAGR of 4.2% during the forecast period. Europe's Self-Tanning products Market is expected to reach US$ 374.20 Bn. in 2030 from US$ 280.56 Bn in 2023.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

In 2023, Europe led the global self-tanning products market, holding a market share exceeding 35%. Consumer behavior in the region has notably shifted away from natural tanning, particularly in areas where ozone depletion poses significant concerns. Awareness of the sun's harmful effects, coupled with rising skin cancer cases in regions affected by ozone depletion, has driven heightened interest in self-tanning products among both consumers and market players. The growing preference for UV-free tanning solutions is expected to be a key driver of market growth from 2024 to 2030.

Additionally, one of the prominent trends propelling the self-tanning products market in Europe is the increasing demand for a fashionable and radiant tan, particularly among young adults. The trend toward UV-free tanning products aligns with broader consumer preferences, signaling continued market expansion.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Europe-Self-Tanning-products-Market/829

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ?

The demand for self-tanning products is robust in Europe, as highlighted by the region's 35% share of the global market in 2023, a trend expected to persist throughout the forecast period (2024-2030). Key product categories driving this growth include body tanners, skin tanners, and face tanners. The growing awareness of the long-term harmful effects of UV radiation and sun exposure is fueling demand for alternative, UV-free tanning solutions.

Consumer trends in regions impacted by ozone depletion have shifted significantly from natural tanning methods, driven by concerns over health risks. The rising awareness of sun damage and the associated increase in skin cancer cases have intensified interest in self-tanning products, attracting both customers and market participants.

Furthermore, the high concentration of working women in Europe has led to increased spending on beauty and personal care products, including self-tanning products. The region's hosting of prominent international fashion events, which promote a wide array of skin-enhancing products, is also helping drive consumer adoption.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ?

Italy's beauty and cosmetics industry is highly developed and sophisticated. In 2021, the Italian cosmetics industry was valued at $17.5 billion. Previously, cosmetics consumption in Italy reached $12 billion in 2018, marking a 1.7% increase from 2017. The Italian cosmetics market is known for its resilience, even during economic downturns, which positions Italy as a major player in the European self-tanning products market.

Moreover, the growing trust among Italian consumers in commerce-bolstered by the undeniable benefits of beauty products and the emergence of new distribution channels such as single-brand retail, e-commerce, and direct sales-further strengthens the market.

In 2023, Germany dominated the European self-tanning products market and is projected to maintain its leadership until 2030, with the market expected to reach a value of $88.6 million by 2027. The UK market is experiencing a CAGR of 3.2% during the forecast period (2024-2030). Additionally, the market in France is expected to grow at a CAGR of 4.8% over the same period.

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Europe-Self-Tanning-products-Market/829

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ?

By Products

Lotions
Gels

By Application

Men
Women

By Distribution Channel

Online
Convenience store
Supermarkets & Hypermarkets

Country Scope

UK
France
Germany
Italy
Spain
Sweden
Austria
and Rest of Europe

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐’๐ž๐ฅ๐Ÿ-๐“๐š๐ง๐ง๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

Avon Products, Inc. (UK)
Shiseido Company, Limited (Japan)
Clarins Group SA (France)
L'Oreal Group (France)
Estee Lauder Companies, Inc. (USA)
Johnson & Johnson (USA)
Unilever PLC (UK)
Kao Corporation (Japan)
Beiersdorf AG (Germany)
PZ Cussons plc (UK)
Unilever PLC

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Europe-Self-Tanning-products-Market/829

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Middle East and Africa Mattress Market https://www.stellarmr.com/report/Middle-East-and-Africa-Mattress-Market/1072

North America Baby Bottle Market https://www.stellarmr.com/report/North-America-Baby-Bottle-Market/1077

Asia Pacific Polyurethane Additives Market https://www.stellarmr.com/report/Asia-Pacific-Polyurethane-Additives-Market/1095

Europe Luxury Car Rental Market https://www.stellarmr.com/report/Europe-Luxury-Car-Rental-Market/1112

North America Seaweed Snack Market https://www.stellarmr.com/report/North-America-Seaweed-Snack-Market/1117

Asia Pacific Caravan and Motorhome Market https://www.stellarmr.com/report/Asia-Pacific-Caravan-and-Motorhome-Market/1209

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

๐€๐›๐จ๐ฎ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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