Latin America Self-Tanning Products Market Size & Outlook
Latin America Self-Tanning Products Market, 2018-2030 (US$M)
Global Market
Related Markets
Latin America self-tanning products market highlights
- The Latin America self-tanning products market generated a revenue of USD 77.2 million in 2021.
- The market is expected to grow at a CAGR of 5% 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, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 77.2 million |
| Market revenue in 2030 | USD 119.6 million |
| Growth rate | 5% (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, Latin America region accounted for 8.8% 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.
Manufacturers in this region are engaged in the development of self-tanning products that contain a mixture of natural and organic ingredients, in an attempt to tap into new customer demographics. For instance, Brazilian Tape Tan, a leading natural and organic manufacturer of skincare products, offers a wide range of self-tanning products with natural intensifiers.
Furthermore, the regional population is increasingly adopting value-for-money skincare and cosmetic products including self-tanning products that are natural and organic as along with providing diverse benefits, similar to high-priced premium products but at a lower cost.
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 |
Latin America 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 51.55% in 2021.
Horizon Databook has segmented the Latin America self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
Manufacturers in this region are engaged in the development of self-tanning products that contain a mixture of natural and organic ingredients, in an attempt to tap into new customer demographics. For instance, Brazilian Tape Tan, a leading natural and organic manufacturer of skincare products, offers a wide range of self-tanning products with natural intensifiers.
Furthermore, the regional population is increasingly adopting value-for-money skincare and cosmetic products including self-tanning products that are natural and organic as along with providing diverse benefits, similar to high-priced premium products but at a lower cost.
- Latin America Self-Tanning Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Lotions
- Gels
- Others
- Latin America Self-Tanning Products Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Men
- Women
- Latin America 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 Latin America Self-tanning Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Self-tanning Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Self-Tanning Products Market, 2018-2030 (US$M)
Latin America self-tanning products market statistics, by product, 2018-2030 (US$M)
