Global Sunless Tanning Lotions Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Sunless tanning lotions are a choice in the world of skincare today due to their user friendly application process and gentle impact on the skin across differents. These products can be used at home for use or in professional settings like salons and spas. The increasing popularity of sunless tanning options is influenced by trends favoring natural and vegan products as well as quick tan solutions. Moreover there is a growing demand for lotions that not only provide a tan but also offer skincare benefits such, as hydration and anti ageing properties.
Market Key Insights
- The Sunless Tanning Lotions market is projected to grow from $1.1 billion in 2024 to $2.3 billion in 2034. This represents a CAGR of 7.4%, reflecting rising demand across Beach Vacation Pre-Tan, Body Contouring & Sculpting and Improvement of Skin Tone.
- Jergens Inc., St. Tropez, Miami Gorgeous are among the leading players in this market, shaping its competitive landscape.
- U.S. and UK are the top markets within the Sunless Tanning Lotions market and are expected to observe the growth CAGR of 4.8% to 7.1% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.5% to 10.2%.
- Transition like Embracing Organic Ingredients is expected to add $200.0 million to the Sunless Tanning Lotions market growth by 2030
- The Sunless Tanning Lotions market is set to add $1.2 billion between 2024 and 2034, with manufacturer targeting Professional Salons & Health & Beauty Spas Applications projected to gain a larger market share.
- With Increased skin cancer awareness, and Technological advancements in product formulations, Sunless Tanning Lotions market to expand 104% between 2024 and 2034.
Opportunities in the Sunless Tanning Lotions
Incorporating cutting edge technology has the potential to revolutionize the sunless tanning lotions industry significantly. A Collaboration of skincare methods such as nanotechnology or encapsulation enables companies to create top notch sunless tanning lotions that provide easy application and more enduring outcomes. This advancement in technology could play a role, in boosting market expansion.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increased Skin Cancer Awareness, and Rise of E-commerce and Online Marketing
The progress made in creating product formulas has also resulted in the production of high quality sunless tanning lotions that offer a tan while also hydrating and nurturing the skin to improve its overall well being. The innovation in this field is also attracting a number of consumers, towards sunless tanning lotions instead of conventional tanning techniques which is also boosting market growth.
Restraint: High Price Point
Opportunity: Customization and Personalization and Strategic Partnerships with Wellness Brands
In line with the increasing focus on health and wellness trends nowadays there are market advantages in forming partnerships between companies that produce sunless tanning lotions and those, in the wellness industry. By working they can create a variety of sunless tanning items that contain natural and beneficial components to meet the needs of customers seeking healthier tanning alternatives.
Challenge: Public Misconceptions and Lack of Awareness
Supply Chain Landscape
Vege Tech Co
Symrise AG
Estee Lauder
L'Oreal SA
AmerisourceBergen
McKesson Corporation
Walgreens Boots Alliance
Amazon
Vege Tech Co
Symrise AG
Estee Lauder
L'Oreal SA
AmerisourceBergen
McKesson Corporation
Walgreens Boots Alliance
Amazon