China Self-Tanning Products Market Size & Outlook, 2021-2030
The self-tanning products market in China is expected to reach a projected revenue of US$ 102.2 million by 2030. A compound annual growth rate of 4.8% is expected of China self-tanning products market from 2022 to 2030.
The China self-tanning products market generated a revenue of USD 67.0 million in 2021 and is expected to reach USD 102.2 million by 2030.
The China market is expected to grow at a CAGR of 4.8% 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.
Self-tanning products market data book summary
Market revenue in 2021
USD 67.0 million
Market revenue in 2030
USD 102.2 million
Growth rate
4.8% (CAGR from 2021 to 2030)
Largest segment
Lotions
Fastest growing segment
Gels
Historical data
2018 - 2020
Base year
2021
Forecast period
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, China accounted for 7.6% of the global self-tanning products market in 2021.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China self-tanning products market is projected to lead the regional market in terms of revenue in 2030.
South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 44.5 million by 2030.
China is one of the major countries contributing to the growth of the global skincare market, including self-tanning products, in terms of consumption as well as production. Various government policies along with the strong business ecosystem, low taxation and duties on production, and easy availability of cost effective labor are expected to boost the production of self-tanning products in China.
According to statistics provided by the global skincare and cosmetics manufacturer L’Oréal SA in April 2021, the sales of skincare products in the country rose by 38% in the year 2020 as compared to 2019, owing to the high demand for duty-free products in the Hainan Province.
These market trends are anticipated to boost the demand for self-tanning products in China over the forecast period.
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 60.9% in 2021.
Horizon Databook has segmented the China self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the major countries contributing to the growth of the global skincare market, including self-tanning products, in terms of consumption as well as production. Various government policies along with the strong business ecosystem, low taxation and duties on production, and easy availability of cost effective labor are expected to boost the production of self-tanning products in China.
According to statistics provided by the global skincare and cosmetics manufacturer L’Oréal SA in April 2021, the sales of skincare products in the country rose by 38% in the year 2020 as compared to 2019, owing to the high demand for duty-free products in the Hainan Province.
These market trends are anticipated to boost the demand for self-tanning products in China over the forecast period.
China Self-Tanning Products Market Product Outlook (Revenue, USD Million , 2018-2030)
Lotions
Gels
Others
China Self-Tanning Products Market End Use Outlook (Revenue, USD Million , 2018-2030)
Men
Women
China 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 country-level data and insights on the China Self-tanning Products Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Self-tanning Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Self-Tanning Products Market, 2018-2030 (US$M)