Self-Tanning Products Market Size is Projected to Reach at USD 3,085 Million by 2030, Registering a CAGR of 6.3%, Owing to Rising Popularity of At-Home Beauty Treatments
The Global Self-Tanning Products Market Size is predicted to reach USD 3,085 Million by 2030 from USD 1,821 Million in 2021, at a CAGR of 6.3% from 2022 to 2030, as per the Acumen Research and Consulting In recent years, the self-tanning product market size has expanded significantly, with a rising number of people seeking ways to obtain a sun-kissed look without the hazards associated with UV exposure. Self-tanning products, which include lotions, creams, sprays, and mousses, can be used on the face and body to provide the illusion of a natural-looking tan. These products often contain ingredients such as dihydroxyacetone (DHA) that react with the amino acids in the top layer of the skin to produce a tanning effect. Self-tanning product demand is predicted to rise as people become more aware of the dangers of UV exposure and the need for skin cancer prevention. The self-tanning product market refers to the industry that produces and sells products that are designed to give the user the appearance of a tan without the need for UV exposure. These products are often applied to the skin and contain chemicals that induce a tanning effect by reacting with the top layer of the skin. Self-Tanning Products Market Statistics Global self-tanning products market value was worth USD 1,821 Million in 2021, with a 6.3% CAGR from 2022 to 2030 Europe self-tanning products market share occupied around 34.8% in 2021 According to a latest analysis, 8 in 10 Europeans believe tans are attractive, and almost as many (73%) believe tans are healthy Asia-Pacific self-tanning products market growth is estimated to attain 6.7% CAGR from 2022 to 2030 Increasing demand for natural and organic products, propel the self-tanning products market revenue Request for a sample of this premium research report@ https://www.acumenresearchandconsulting.com/request-sample/2388 Self-Tanning Products Market Trends Rising Awareness of the Risks Related to UV Exposure Drives the Self-Tanning Products Market The growing awareness of the risks of UV exposure is a major factor driving the self-tanning product market. UV exposure, whether from the sun or from artificial sources such as tanning beds, can cause skin damage and increase the risk of skin cancer. Consumers are increasingly exploring safer alternatives to standard tanning procedures as they become more aware of the risks. Self-tanning solutions allow people to create a sun-kissed appearance without the need for UV exposure. As a result, demand for these products has surged, propelling the self-tanning product market growth. Rising Safety Concerns About Self-Tanning Products Limit the Market Rising safety concerns about self-tanning products can act as a restraint on the self-tanning product market. Some self-tanning products contain chemicals that are viewed as possibly detrimental to the skin or overall health. For example, some self-tanning products contain dihydroxyacetone (DHA), which is a chemical that reacts with the amino acids in the top layer of the skin to produce a tanning effect. While regulatory organizations have allowed DHA for use in self-tanning products, some customers may still be concerned about its safety. These concerns may discourage some consumers from utilizing self-tanning products, limiting the market growth. Self-Tanning Products Market Segmentation Acumen Research and Consulting has segmented the global self-tanning products market by product type, end-use, and distribution channel. By product type, the market is categorized into gels, lotions, and others. According to the self-tanning products market forecast, the lotions type is predicted to expand significantly over the coming few years. By end-use, the market is classified into women, and men. By application, the market is divided into ampoules and vials, blister packaging, syringes, and bottles, among others. By distribution channel, the market is split into Convenience Stores, Supermarkets & Hypermarkets, and Online. Self-Tanning Products Market Regional Overview Geographically, the global self-tanning products market can be divided into North America, Asia Pacific, Latin America, Europe, and Middle East and Africa. According to the self-tanning products industry analysis, Europe is the leading region of the global market in 2021. This growth is attributed to the high demand for self-tanning products, high disposable incomes, and the well-established beauty and personal care industry. Europeans are generally better aware of the dangers of UV exposure and the necessity of skin cancer prevention, which has led to the region's strong demand for self-tanning products. Furthermore, numerous prominent players in the self-tanning product sector, including St. Tropez and Fake Bake, have built a considerable presence in Europe. Self-Tanning Products Market Players Companies in the self-tanning product industry utilize a variety of strategies to differentiate their products and obtain a competitive edge. These companies may employ techniques such as generating new and innovative items, extending distribution channels, promoting brand awareness, and offering specials and discounts. Some of the prominent self-tanning products market companies are Kao Corp., Beiersdorf, Estée Lauder Companies, L'Oréal Group, Avon Products, Inc., Unilever, Johnson & Johnson, Shiseido Co. Ltd., Procter & Gamble, and Swallowfield. Click here to buy the Premium Market Research report https://www.acumenresearchandconsulting.com/buy-now/0/2388 Receive our personalized services and customization by clicking here https://www.acumenresearchandconsulting.com/request-customization/2388 Mr. Frank Wilson Acumen Research and Consulting USA: +13474743864 India: +918983225533 E-mail: sales@acumenresearchandconsulting.com