Europe Self-Tanning Products Market Size & Outlook
The self-tanning products market in Europe is expected to reach a projected revenue of US$ 439.8 million by 2030. A compound annual growth rate of 4.1% is expected of Europe self-tanning products market from 2022 to 2030.
The Europe self-tanning products market generated a revenue of USD 306.5 million in 2021.
The market is expected to grow at a CAGR of 4.1% 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, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
Market revenue in 2021
USD 306.5 million
Market revenue in 2030
USD 439.8 million
Growth rate
4.1% (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, Europe region accounted for 34.9% 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.
According to a 2019 report by Cosmetics Europe - The Personal Care Association, approximately 500 million consumers in Europe use cosmetic, skincare, and personal care products daily to protect their skin and health.
These include make-up and skincare products such as self-tanning products, serums, and moisturizers. Owing to the COVID-19 pandemic, consumers have been mostly staying at home, which has increased the frequency of their skincare routines.
This led to an increase in the sales of skincare products in Europe in 2020. According to Forea Survey, in 2020, 96% of consumers invested in skincare rather than cosmetics during the pandemic, and brands witnessed an increase in sales.
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 55.43% in 2021.
Horizon Databook has segmented the Europe self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
According to a 2019 report by Cosmetics Europe - The Personal Care Association, approximately 500 million consumers in Europe use cosmetic, skincare, and personal care products daily to protect their skin and health.
These include make-up and skincare products such as self-tanning products, serums, and moisturizers. Owing to the COVID-19 pandemic, consumers have been mostly staying at home, which has increased the frequency of their skincare routines.
This led to an increase in the sales of skincare products in Europe in 2020. According to Forea Survey, in 2020, 96% of consumers invested in skincare rather than cosmetics during the pandemic, and brands witnessed an increase in sales.
Europe Self-Tanning Products Market Product Outlook (Revenue, USD Million , 2018-2030)
Lotions
Gels
Others
Europe Self-Tanning Products Market End Use Outlook (Revenue, USD Million , 2018-2030)
Men
Women
Europe Self-Tanning Products Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Supermarkets & Hypermarkets
Convenience Stores
Online
Reasons to subscribe to Self-tanning Products Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Self-tanning Products Market Outlook databook
Our clientele includes a mix of Self-tanning Products Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Self-tanning Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Self-tanning Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Self-Tanning Products Market, 2018-2030 (US$M)