Asia Pacific Self-Tanning Products Market Size & Outlook
Asia Pacific Self-Tanning Products Market, 2018-2030 (US$M)
Global Market
Related Markets
Asia Pacific self-tanning products market highlights
- The Asia Pacific self-tanning products market generated a revenue of USD 199.3 million in 2021.
- The market is expected to grow at a CAGR of 5.4% from 2022 to 2030.
- In terms of segment, lotions was the largest revenue generating product in 2021.
- Gels is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 199.3 million |
| Market revenue in 2030 | USD 320.1 million |
| Growth rate | 5.4% (CAGR from 2021 to 2030) |
| Largest segment | Lotions |
| Fastest growing segment | Gels |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lotions, Gels |
| Key market players worldwide | The Estee Lauder Companies Inc Class A, L'Oreal SA, Shiseido Co Ltd, PZ Cussons PLC ADR, Unilever PLC, Kao Corp, Beiersdorf AG, Johnson & Johnson, Natura &Co Holding SA ADR, Clarins Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.7% of the global self-tanning products market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 320.1 million by 2030.
The increasing consumption of skincare and cosmetic products in the emerging markets of China and India, due to factors such as growing number of new product launches as well as rising concerns about skin health, the harmful effects of UV rays, and skin conditions, are likely to positively influence the Asia Pacific self-tanning products market.
In addition, the expansion of the chemical industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous raw material access to self-tanning product manufacturers and thus, be a positive factor for the self-tanning product's market growth in Asia Pacific over the forecast period.
An increase in the number of working females, especially in the corporate sector and fashion industry, has driven the demand for skin care and grooming products, including self-tanning products, among women in developing economies such as China and India.
Key Regions:U.S., UK, Brazil, South Korea, Germany
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Self-Tanning Products Market Scope
Self-Tanning Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Unilever PLC | View profile | 128,377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | www.unilever.com |
| Beiersdorf AG | View profile | 21,958 | Unnastrasse 48, Hamburg, Germany, 22529 | www.beiersdorf.com |
| Shiseido Co Ltd | View profile | 35,859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.shiseido.co.jp |
| L'Oreal SA | View profile | 94,605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | www.loreal.com |
| The Estee Lauder Companies Inc Class A | View profile | 62,000 | 767 Fifth Avenue, New York, NY, United States, 10153 | www.elcompanies.com |
| Clarins Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.groupeclarins.com/en |
| Kao Corp | View profile | 42,450 | 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 | www.kao.com |
| PZ Cussons PLC ADR | View profile | 2,600 | Manchester Business Park, 3500 Aviator Way, Manchester, United Kingdom, M22 5TG | www.pzcussons.com |
| Natura &Co Holding SA ADR | View profile | 19,955 | Avenida Alexandre Colares, No. 1188, Sala A17-Bloco A, Parque Anhanguera, Sao Paulo, SP, Brazil, 05106-000 | ri.naturaeco.com |
Asia Pacific Self-tanning Products Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Self-tanning Products Market Outlook will help companies and investors design strategic landscapes.
Lotions was the largest segment with a revenue share of 60.26% in 2021.
Horizon Databook has segmented the Asia Pacific self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing consumption of skincare and cosmetic products in the emerging markets of China and India, due to factors such as growing number of new product launches as well as rising concerns about skin health, the harmful effects of UV rays, and skin conditions, are likely to positively influence the Asia Pacific self-tanning products market.
In addition, the expansion of the chemical industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous raw material access to self-tanning product manufacturers and thus, be a positive factor for the self-tanning product's market growth in Asia Pacific over the forecast period.
An increase in the number of working females, especially in the corporate sector and fashion industry, has driven the demand for skin care and grooming products, including self-tanning products, among women in developing economies such as China and India.
- Asia Pacific Self-Tanning Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Lotions
- Gels
- Others
- Asia Pacific Self-Tanning Products Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Men
- Women
- Asia Pacific Self-Tanning Products Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Self-tanning Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Self-tanning Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Self-Tanning Products Market, 2018-2030 (US$M)
Asia Pacific self-tanning products market statistics, by product, 2018-2030 (US$M)
