DUBLIN--(BUSINESS WIRE)--The "Global Self-tan Products Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The Self-tan Products market will register a CAGR of more than 5% by 2023.
The latest trend gaining momentum in the market is the advent of natural and organic ingredients in self-tan products. According to the report, one of the major drivers for this market is the availability of self-tan products with multiple benefits. Further, the report states that one of the major factors hindering the growth of this market is the increasing substitutes for commercially manufactured self-tan products.
The advent of natural and organic ingredients in self-tan products is expected to help the self-tan products grow. The demand for incorporating natural and organic ingredients in self-tan products is increasing, which are safe, have no harmful side effects, and be of higher quality than most synthetic products.
Availability of self-tan products with multiple benefits
The growing popularity of self-tan products, such as lotions, gels, sprays, creams, and mousse, with multiple functionalities is a driving factor in the global self-tan products. The demand for multifunctional products is higher in developed countries, particularly in the US, Germany, Canada, and the UK.
Increasing substitutes for commercially manufactured self-tan products
There are several effective home remedies that can be alternatives to commercially manufactured self-tan products. Mass consumers opt for a well-known home remedy rather than cosmetics and pharmaceuticals. Natural home remedies are cheaper, easy to find, and have fewer side effects.
Market Trends
- Advent of natural and organic ingredients in self-tan products
- Better self-tan product labeling and packaging improvements
- Introduction of halal cosmetics in BPC industry
Key Players
- Estee Lauder Companies
- Kao Corporation
- L'Oreal Group
- Procter & Gamble
- Unilever
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Product
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Vendor Landscape
12. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/z4kln4/global_selftan?w=4
