Spray Tanning Machines Market to grow by USD 1.80 Bn by 2026, Segmented by Application and Geography - Technavio

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The spray tanning machines market is expected to grow by USD1.80 billion at a CAGR of 6.6% during the forecast period of 2021-2026. 32% of the growth originates from APAC. Technavio report is compiled on research from a mix of primary interviews and secondary research, along with analytical tools used to build the forecast and predictive models. Request Free Sample Report.

Spray Tanning Machines Market - Vendor Analysis

The global spray tanning machines market is fragmented due to the presence of multiple established players. The key players compete on factors such as price, quality, brand, and variety. Several companies are adopting different marketing strategies to increase their market share. The acquisition of new brands and several partnerships will provide an opportunity for the leading competitors to maintain their dominance in the market in focus during the forecast period. Many global players are expected to expand their presence worldwide during the forecast period. Competition among key players will lead to the introduction of many innovative ways of producing spray tanning machines, fueling further growth of the market in focus during the forecast.

Spray Tanning Machines Market Vendor Offerings

• Aviva Labs Inc: The company offers spray tanning machines such as oil-based, aloe vera-based, and fragrance-based solutions.
• Brand Architects Group PLC: The company offers spray tanning machines such as tan handy portable spray tan guns.
• GloBody Inc: The company offers spray tanning machines such as winterglo and natural glow.
• Kahuna Bay Spray Tan LLC: The company offers spray tanning machines such as artesian blend airbrush spray tanning solution 1 gal 128oz and artesian blend dark spray tanning solution quart 34oz.
• NUDA: The company offers spray tanning machines such as solo tan machines with tan7350 and studio tan machines with tan7350.

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Spray Tanning Machines Market- Segmentation Analysis

• By Application
• Home use 
• During the anticipated period, the market share rise of spray tanning devices for home use will be high. The spray tanning machine market for homes was the most significant and fastest-growing application sector in 2021. The home use segment is growing rapidly due to the expensive cost of spray tanning in salons and the use of chemicals such as docosahexaenoic acid (DHA), which requires close care when applied to body regions. Therefore, the market in focus is expected to grow during the forecast period.
• Professional use
• By Geography
• APAC
• APAC will account for 32% of market growth. China and India are the two most important markets in APAC for spray tanning devices. The market in this region will expand more quickly than the market in other regions. The growing number of salons and spas, as well as rising customer concerns about skin tones, will aid the expansion of the spray tanning machines market in APAC throughout the forecast period.
• North America
• Europe
• Middle East and Africa
• South America

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Imperative Insights on the following aspects:

• What was the size of the global spray tanning machines industry by value?
• What will be the size of the global spray tanning machines industry in 2026?
• What factors are affecting the strength of competition in the global spray tanning machines industry?
• How has the industry performed over the last five years?
• What are the main segments that make up the global spray tanning machines market?

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Table of Content:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Home use - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Home use - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Home use - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Home use - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Home use - Year-over-year growth 2021-2026 (%)

• 5.4 Professional use - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Professional use - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Professional use - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Professional use - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Professional use - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application 
• Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026 
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Italy - Market size and forecast 2021-2026 
• Exhibit 74: Chart on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Italy - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Italy - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 India - Market size and forecast 2021-2026 
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Aviva Labs Inc
• Exhibit 93: Aviva Labs Inc - Overview
• Exhibit 94: Aviva Labs Inc - Product / Service
• Exhibit 95: Aviva Labs Inc - Key offerings

• 10.4 Brand Architekts Group PLC 
• Exhibit 96: Brand Architekts Group PLC - Overview
• Exhibit 97: Brand Architekts Group PLC - Product / Service
• Exhibit 98: Brand Architekts Group PLC - Key offerings

• 10.5 GloBody Inc
• Exhibit 99: GloBody Inc - Overview
• Exhibit 100: GloBody Inc - Product / Service
• Exhibit 101: GloBody Inc - Key offerings

• 10.6 Kahuna Bay Spray Tan LLC 
• Exhibit 102: Kahuna Bay Spray Tan LLC - Overview
• Exhibit 103: Kahuna Bay Spray Tan LLC - Product / Service
• Exhibit 104: Kahuna Bay Spray Tan LLC - Key offerings

• 10.7 NUDA
• Exhibit 105: NUDA - Overview
• Exhibit 106: NUDA - Product / Service
• Exhibit 107: NUDA - Key offerings

• 10.8 PZ Cussons Plc
• Exhibit 108: PZ Cussons Plc - Overview
• Exhibit 109: PZ Cussons Plc - Business segments
• Exhibit 110: PZ Cussons Plc - Key offerings
• Exhibit 111: PZ Cussons Plc - Segment focus

• 10.9 Spray Tan Cubicle Company Ltd 
• Exhibit 112: Spray Tan Cubicle Company Ltd - Overview
• Exhibit 113: Spray Tan Cubicle Company Ltd - Product / Service
• Exhibit 114: Spray Tan Cubicle Company Ltd - Key offerings

• 10.10 Sun Laboratories
• Exhibit 115: Sun Laboratories - Overview
• Exhibit 116: Sun Laboratories - Product / Service
• Exhibit 117: Sun Laboratories - Key offerings

• 10.11 SunFX
• Exhibit 118: SunFX - Overview
• Exhibit 119: SunFX - Product / Service
• Exhibit 120: SunFX - Key offerings

• 10.12 Tampa Bay Tan
• Exhibit 121: Tampa Bay Tan - Overview
• Exhibit 122: Tampa Bay Tan - Product / Service
• Exhibit 123: Tampa Bay Tan - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

• in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.

• slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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