In 2023, the global self-tanning products market is estimated to be around USD 1,142 million. According to FMI predictions, the market is expected to expand at a CAGR of 5.9% from 2023 to 2033. By following this strong growth trajectory, the market valuation is anticipated to reach USD 2,026 million by 2033.
In 2022 and previous years, self-tanning products for women contributed to almost 65% of the market revenue. According to a July 2021 Popsugar Beauty post, nearly 60% of women in the United States use self-tanners regularly.
The market segment for self-tanning solutions exclusively for men is expected to experience robust growth through 2033. The pursuit of a sun-kissed glow is considered a significant driver for this segment during the forecast period.
Request Sample Copy Here: https://www.futuremarketinsights.com/reports/sample/rep-gb-16986
Economic progress in the nations of South America has increased spending on cosmetics which could have a positive impact on the United States market expansion. Tape Tan is a well-known organic skincare product producer in Brazil and has a large selection of self-tanners with natural intensifiers.
Market Growth:
- Steady and consistent growth: The global self-tanning products market is expected to see steady growth in the coming years, with estimates ranging from s to expand at a CAGR of 5.9% during the period from 2023 to 2033. This indicates a stable and expanding market.
- Rising awareness: Consumers are increasingly aware of the harmful effects of sun exposure, driving them towards safer alternatives like self-tanning products.
- Skincare focus: Growing focus on self-care and healthy skin routines contributes to the market’s rise, with self-tanning seen as a way to achieve a tanned look without sun damage.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-16986
Competitive Landscape for the Self-tanning Products Market Players
Bondi Sands, L’Oréal, and St Tropez are some renowned brands that compete in the international market for self-tanning products. These market participants are concentrating on offering high-quality items to satisfy the demand for self-tanning from global consumers.
Development and marketing of specific self-tanning solutions based on regional demand would positively impact market growth. Moreover, they are concentrating on tactics like acquiring regional businesses and expenditures in research and development to expand the self-tanning products business.
Recent Developments by the Self-tanning Products Industries
It is projected that endorsement by celebrities might promote their product n in turn significantly accelerate market growth. To illustrate, St. Tropez partnered with American model and TV host Ashley Graham in April 2021 to introduce sunless tanning products.
Tess Holiday, the famous plus-size supermodel, teamed up with the celebrity spray self-tanner producer, “Island of Paradise” in July 2019. The company proclaimed this collaboration as an intent to meet consumer demand for skin-glow-enhancing products including sunless tanners.
BONDI Sands Pty Ltd. introduced an eco-friendly, true self-tanner with 100% sustainable packaging in January 2021. Bondi Sands Pure Gradual Tanning Lotion, Pure Self-tanning Sleep Mask, and Pure Self-tanning Drops are among the available products.
According to Health Club Management information, Clarins increased its outreach in Europe by opening new boutique retail locations in May 2021.
Gain Immediate Access to Detailed Market Insights: https://www.futuremarketinsights.com/checkout/16986
Key Players Profiled in the Self-tanning Products Market Report
- Bondi Sands Pty Ltd
- PZ Cussons Plc.
- Supernova UK Pty Ltd
- Epic Etailers LLC
- HotHouse Beauty Ltd
- Johnson & Johnson Services, Inc.
- Coty Inc.
- Edgewell Personal Care Co
- Artesian Tan
- Beauty By Earth
- Charlotte Tilbury
- Coco & Eve
- James Read
- L’Oréal SA Paris
- others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
