Press release
Europe Self-Tanning Products Market to Reach $374.20 Billion by 2030, Growing at a 4.2% CAGR from 2023's $280.56 Billion Valuation
๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ is estimated to grow at a CAGR of 4.2% during the forecast period. Europe's Self-Tanning products Market is expected to reach US$ 374.20 Bn. in 2030 from US$ 280.56 Bn in 2023.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Europe-Self-Tanning-products-Market/829
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
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.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ?
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.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Europe-Self-Tanning-products-Market/829
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ?
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
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐ฅ๐-๐๐๐ง๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
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 ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Europe-Self-Tanning-products-Market/829
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
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
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
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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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