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North America Self-Tanning Products Market Report Overview
North American Self-Tanning Products market is estimated to grow at a moderate rate during the forecasted period, at a CAGR of 4.1%. As consumers in the region of North America are becoming more and more aware of the health and long-term physical effects on the human skin of excessive sun exposure, self-tanning products are becoming more popular. Widespread UVA and UVB exposure is causing an increase in skin cancer cases, which is driving the adoption of such products.
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North America Self-Tanning Products Market Report Scope and Research Methodology
In the forecasted years, the premiumization of self-tanning items in terms of efficacy and environmental friendliness is estimated to be a major factor attributed to the increase in self-tanning product utilization. Sustainability and environmental consciousness are also expected to have a significant impact on the materials and active compounds used in both product and packaging production. Furthermore, the premium self-tanning goods market is likely to be driven by market players' ability to efficiently meet the needs of their eco-friendly customers.
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North America Self-Tanning Products Market Regional Insights
Canada market is expected to grow at a CAGR of 6.6 percent during the forecast period (2024 - 2030). For a long time, Canada's cosmetics industry has been rapidly expanding. MAC is a cosmetics company based in Toronto. It is now owned by Estee Lauder, which has a prominent Markham location. There are several professional industry associations dedicated to cosmetics in Canada.
North America Self-Tanning Products Market Segmentation
By Products, the North America Self-Tanning Products Market is segmented into Lotions and Gels. Lotions segment in the North America region is estimated to hold the largest market share by 2030. At the same time, the gels segment are estimated to grow at the fastest rate among the two during the forecast period.
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North America Self-Tanning Products Market Key Players
Avon Products, Inc. (UK)
Shiseido Company, Limited (Japan)
Clarins Group SA (France)
L'Oreal Group (France)
Estee Lauder Companies, Inc. (USA)
Johnson & Johnson (USA)
Unilever PLC (UK)
Kao Corporation (Japan)
Beiersdorf AG (Germany)
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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