DHA and DHB based sunless tanning market Report Overview
The global DHA and DHB based sunless tanning market size was USD 255.4 million in 2021. As per our research, the market is expected to reach USD 412.2 million by 2028, exhibiting a CAGR of 6.9% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the DHA and DHB based sunless tanning market growth and demand returning to pre-pandemic levels once the pandemic is over.
The market for products based on DHA and DHB that can give you that wonderful sun-kissed hue without any risky UV rays has been flourishing. Self-tanning lotion is a sunless tanning product made with DHA and DHB. These creams are simple and give you an immediate, long-lasting tan. Self-tanning creams are now more effective and come in various colors to complement all skin tones.
The spray tan is another well-liked sunless tanning method. Professionals applying these sprays at spas or salons ensure the tan is even and appears natural. The DHA and DHB-based spray tans offer a quick and practical approach to getting that bronzed look without exposure to the sun. Last but not least, there are sunless tanning wipes on the market. These wipes are ideal for people who want a more regulated application or for touch-ups while they're on the road. They contain DHA and DHB infusions that quickly give you a streak-free tan.
COVID-19 Impact:
"Prioritization Of Health And Safety By People Accelerated The Market Growth "
The COVID-19 pandemic has substantially impacted several industries, including the market for sunless tanning products based on DHA and DHB. Nevertheless, despite the difficulties encountered, this industry exudes excitement. The demand for sunless tanning solutions has increased as consumers put their health and safety first. People are resorting to DHA and DHB based sunless tanning products to get that desired sun-kissed glow from the comfort of their own homes because they are unable to attend tanning clinics or go on beach holidays. Due to this spike in demand, businesses in the DHA and DHB-based sunless tanning sector have a rare chance to innovate and meet consumers' changing needs.
Latest Trends
"Introduction Of Organic And Natural DHA And DHB Based Sunless Tanning Products Boost The Market Expansion"
The most recent development in DHA and DHB-based sunless tanning is astounding! The industry has developed amazing new products that are revolutionizing how we obtain the ideal sun-kissed glow owing to developments in technology and research. The key chemicals in these tanning solutions, DHA and DHB, provide a natural-looking tan without the negative effects of UV radiation. The emergence of DHA and DHB-based sunless tanning solutions that are organic and natural is one of the most interesting advancements in this field. These products prioritize the health and well-being of your skin and are excellent at giving you a gorgeous tan.
DHA and DHB based sunless tanning market Segmentation
- By Type Analysis
The DHA and DHB based sunless tanning market can be segmented into spray type, mousse type, emulsion type, and others. Among these, the spray type is projected to experience rapid growth through 2028.
- By Application Analysis
The market can be divided based on application into salon use and personal use. Salon use is expected to hold the most significant DHA and DHB based sunless tanning market share in the upcoming years.
Driving Factors
"Increasing Demand For Safe And Effective Alternatives To Traditional Tanning Methods, Propel the Market Expansion"
Many important variables fuel the success of the DHA and DHB-based sunless tanning sector. The first and most obvious contributing aspect is the rising desire for secure and efficient substitutes for conventional tanning techniques. People are turning to sunless tanning as a healthier alternative as awareness of the negative effects of UV radiation from the sun and tanning beds grows. The active components of sunless tanning lotions, DHA and DHB, give off a natural-looking tan without endangering the skin.
"Convenience And Ease Of Use That These Products Offer Fuel the Market Growth"
The comfort and simplicity of use of these products fuel the market for DHA and DHB-based sunless tanning solutions. Sunless tanning can be done in the comfort of your home, as opposed to standard tanning techniques that call for prolonged sun exposure or several trips to a tanning parlor. Additionally, the DHA and DHB-based sunless tanning market has grown significantly due to technological improvements. Innovative solutions manufacturers create offer a streak-free, long-lasting tan that appears natural on all skin tones.
Restraining Factors
"Potential Health Risks Associated With These Products And The Limited Availability Of Skilled Technicians Hinder The Market Growth"
A few restraints need to be taken into account, despite the fact that the DHA and DHB-based sunless tanning sector is thriving with innovation and excitement. The potential health dangers related to these items are one of the key obstacles. Although DHA and DHB are typically considered safe for external usage, there is some worry regarding their inhalation during spray tanning sessions. The need for qualified technicians offering top-notch sunless tanning treatments limits this market's expansion. Ensuring enough qualified specialists to suit the customers’ needs is essential as the demand for these services increases.
DHA and DHB based sunless tanning market Regional Insights
"North America to Dominate Market Due To The Increasing Demand For Safe And Effective Alternatives To Traditional Tanning Methods"
The DHA and DHB based sunless tanning market will be dominated by North America. Factors driving the market growth in this region include the increasing demand for safe and effective alternatives to traditional tanning methods. Additionally, the market is anticipated to experience the fastest growth in European and Asian countries. The convenience and ease of use that these products offer fuels market expansion.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Tampa Bay Tan (U.S.)
- Fake Bake (U.S.)
- Sunless Inc (U.S.)
- GloBody (U.S.)
- Bondi Sands (Australia)
- VANI-T (Australia)
- Aviva Labs (U.S.)
- Sjolie Inc (U.S.)
- Suntana Spray Tan (U.S.)
- SUN LABS (U.S.)
- SunFX (Australia)
- St.Tropez (U.S.)
- Sienna X (Netherlands)
- Kahuna Bay Tan (U.S.)
- MineTan (U.S.)
- Australian Gold (Australia)
- Vita Liberata (U.K.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 255.4 Million in 2021 |
Market Size Value By |
US$ 412.2 Million by 2028 |
Growth Rate |
CAGR of 6.9% from 2021 to 2028 |
Forecast Period |
2021-2028 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types and Applications |
Frequently Asked Questions
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What value is the DHA and DHB based sunless tanning market expected to touch by 2028?
The global DHA and DHB based sunless tanning market is expected to reach USD 412.2 million by 2028.
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What CAGR is the DHA and DHB based sunless tanning market expected to exhibit by 2028?
The DHA and DHB based sunless tanning market is expected to exhibit a CAGR of 6.9% by 2028.
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Which are the driving factors of the DHA and DHB based sunless tanning market?
The DHA and DHB based sunless tanning market driving factors are the increasing demand for safe and effective alternatives to traditional tanning methods and these products' convenience and ease of use.
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Which are the key players or most dominating companies functioning in the DHA and DHB based sunless tanning market?
Tampa Bay Tan (U.S.), Fake Bake (U.S.), Sunless Inc (U.S.), GloBody (U.S.), and Bondi Sands (Australia) are some of the top companies in the DHA and DHB based sunless tanning market.