$1.1 Billion Worldwide Sunless Tanners Industry to 2027 - Impact of COVID-19 on the Market

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Jun 23, 2020, 09:45 ET

DUBLIN, June 23, 2020 /PRNewswire/ -- The "Sunless Tanners - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the Sunless Tanners market worldwide will grow by a projected US$259 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 4.1%. Sunless Tanners, one of the segments analyzed and sized in this study, is forecast to grow at over 4.1% and reach a market size of US$1.1 Billion by the end of the analysis period.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Sunless Tanners market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.9% CAGR. Within Europe Germany will add over US$14.5 Million to the region's size over the next 7 to 8 years. In addition, over US$11.1 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Sunless Tanners segment will reach a market size of US$71 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Sunless Tanners market.

Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 4% over the next couple of years and add approximately US$42.5 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Sunless Tanners market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

Avon Products Inc.
Beiersdorf AG
Christian Dior SE
Edgewell Personal Care LLC
Fake Bake
Kao Corporation
L`Oral S.A.
Shiseido Co. Ltd.
TanTowel
The Este Lauder Companies Inc.
Unilever Plc

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Sunless Tanners: The Desire for Glowing, Healthy and Naturally Tanned Look Boosts Market Growth
Europe Leads Sunless Tanners Market, Latin America Set to Spearhead Future Growth
Recent Market Activity
Health Risks of Natural Tanning Shift Focus onto Self-Tanning Products
Regulations Prohibiting Commercial Tanning Salons Presents Huge Growth Potential for Sunless Tanners Market
Promising Growth of Sun Care Market - A Considerable Opportunity for Sunless Tanners Market
Global Competitor Market Shares
Sunless Tanners Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Improving Manufacturing Processes and Quality of Ingredients Resolve Orange Color Effect and Unpleasant Odor Issues in Self-Tan Products
Rising Popularity of Tanning among Men Augurs Well for Sunless Tanners Market
Advanced Formulas and Technologies in Sunless Tanning Market
Next-Generation Products Help Self-Tanners Market to Shine Bright
Understanding the Usage and Performance of Self-Tanners
Characteristics that Make a Great Self Tanner
Manufacturers Focus on Developing DHA-Free Sunless Tanning Products
Rising Demand for Self-tan Products with Organic and Natural Ingredients
Popular Natural and Organic Sunless Tanners - A Review
Consumers Exhibit Inclination towards Multifunctional Self-Tanning Products with Multiple Benefits
Self-Tanning Market Gets Premium Makeover
Self-tan Eraser Products - Prepping Skin for Next Application of Tan
How Safe Are Self-Tanning Products?
Sunless Tanning Pills: An Ingestible Alternative to Fake Tan Products
Rising Prominence of Home Remedies Threatens Commercial Self-Tan Products
Self-Tanning Products for Sensitive Skin: Addressing Needs of People with Skin Issues
Tanning Water: The Leading Tanning Trend
St Tropez's Self-Tan Purity Bronzing Water Mousse
The Water from Tan-Luxe
Isle of Paradise Self Tanning Water
Invisi Foaming Tan Water from Vita Liberata
Social Media Emerges as a Vital Tool to Increase Consumer Engagement and Promote Sales

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION
Total Companies Profiled: 31

For more information about this report visit https://www.researchandmarkets.com/r/rgjibu

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