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Pharmacy benefit management market
Sunless Tanning Spray Market REPORT OVERVIEW
The global Sunless Tanning Spray market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.
Sunless tanning spray is a deceptive method of obtaining that golden coat. Dihydroxyacetone is an ingredient in the spray (DHA). It's a carbohydrate made from sugar cane and sugar beets. The splash also contains erythrose, which comes from red raspberries. DHA and erythrose are combined in tanning products to ensure that the tan lasts longer and fades more evenly, resulting in an attractive skin tone. Sunless tanning spray is FDA-approved for cosmetic use and is generally regarded as safe. The DHA in it fades quickly and makes the skin appear dull and dead. This, in exchange for recapturing your skin's surface, may cost you more than the spray tan, which is available in nearly all major drugstores.
The popularity of the online distribution channel is expected to generate consistent demand for sunless tanning and cosmetic products. Concerns about skin cancer and other health risks associated with sun exposure will drive up demand for such products. Lotions and gels are popular because they are frequently applied. Lotions and gels are easy-to-use quick solutions for combating dry skin, in addition to benefits such as instant hydration, reduced breakouts, and refreshed skin. These products, also known as sunless tanning spray, give the skin a tanned appearance without exposing it to harmful UV rays.
COVID-19 Impact: Lockdown Distorts the Market
As of the COVID-19 outbreaks, there is a low demand for sunless tanning spray market, as well as the closure of offline and online channels, which has an impact on the inconsistent growth of sales and revenue of beauty and personal care products. Disrupts the supply chain system from manufacturing plants to related industries; as a result of the global lockdown, this factor has impacted the market's inconsistent growth of spray tanning. Furthermore, the outbreak has a negative impact on the enterprise's business operations, which affects the market as a whole. This has had an effect on the industry.
LATEST TRENDS
"Launch of new Advanced and safe products to stimulate market expansion"
Manufacturers are launching innovative and advanced sunless tanning products to provide a more realistic tanning experience while also being safe and better for the skin as consumers shift towards safer cosmetic and beauty offerings. Ingredients in major compositions hydrate and nourish the skin, making it appear healthier and rejuvenated. Vitamins, essential oils, fruit extracts, and antioxidants are examples of these ingredients, and their popularity has grown in recent years, particularly among health-conscious consumers. Furthermore, major health organisations recommend sunless tanning spray over other options. Thus, the process of developing new launches of advanced and safe products is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.
Sunless Tanning Spray Market SEGMENTATION
- By Type
The market is divided into categories based on type, Consumer Grade, Professional Grade and others.
- By Application
The market is divided into commercial, individual and other categories based on application.
DRIVING FACTORS
"Increasing awareness of a healthy skin among people that Boosts the Market"
Raising public awareness of various multi-utilitarian personal care products, such as skin moisturising, spray-tanning, and anti-aging properties in various beauty care products, resulting in an increase in demand for spray-tanning products around the world. Other factors that are expected to grow include an increase in the popularity of various luxury spray tanning products among the population, an increase in physical appearance concern around the world, and an increase in consumer expenditure on spray tanning solution products. Growing use of organic ingredients in a variety of spray tanning solutions, as well as expanding product promotion strategies through social media and digital marketing channels by major key cosmetic product manufacturers. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and increasing awareness of a healthy skin among people. It will help the consumer goods sector flourish and accelerate the Sunless Tanning Spray market growth.
"Growing Demand for product due to its advanced process to support market expansion"
The sunless tanning spray emits an ultra-fine mist that works like a professional airbrush spray to produce a tan that is two shades darker than your skin tone. The sunless tanning spray mist applies lightly and evenly, and dries in less than five minutes with no rubbing required. The one-touch continuous sunless tanning spray works at any angle, so you can cover hard-to-reach areas like your back. This sunless airbrush tanning spray contains witch hazel, a natural ingredient known for its skin-soothing properties, and is non-comedogenic, which means it won't clog pores. With this quick and easy sunless tanning spray, you can go two shades darker than your skin tone. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing demand for product due to its advanced process.
RESTRAINING FACTORS
"Negative Health Conditions caused by the product Will Prevent Market Expansion"
According to our research, the aerosols in the products can aggravate issues for people with lung conditions such as asthma. Because of the increased risk of absorption from inhalation, pregnant women should avoid spray tans. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.
Sunless Tanning Spray Market REGIONAL INSIGHTS
"The Market is Globally Dominated by North America"
Since this area is the largest user of the product, the market for Sunless Tanning Spray in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the commercial and individual industries is one of the important factors driving the Sunless tanning Spray Market Share. Rapid urbanisation trends will further strengthen the market as a whole.
KEY INDUSTRY PLAYERS
"Leading Manufacturers to Boost Product Demand"
The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials.
LIST OF TOP SUNLESS TANNING SPRAY COMPANIES
- Aviva Labs (U.S.)
- Bondi Sands (U.S.)
- GloBody (U.S.)
- Kahuna Bay Spray Tan (U.S.)
- MineTan (U.S.)
- Sienna X (U.K.)
- Sjolie (U.S.)
REPORT COVERAGE
The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Sunless Tanning Spray Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.
Frequently Asked Questions
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Which is the leading region in the sunless tanning spray market?
Based on our research, North America is the leading region in the sunless tanning spray market.
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Which are the driving factors of the sunless tanning spray market?
Increasing awareness of healthy skin among people that gives the sunless tanning spray market extra boost & increasing demand of the product due to its advanced process to encourage market expansion.
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Which are the top companies operating in the sunless tanning spray market?
Aviva Labs, Bondi Sands, GloBody, Kahuna Bay Spray Tan etc. are the top companies operating in the sunless tanning spray market.