China Self-tanning Products Market Size & Outlook
China self-tanning products market, 2018-2030 (US$M)
Related Markets
China self-tanning products market highlights
- The China self-tanning products market generated a revenue of USD 67.0 million in 2021 and is expected to reach USD 102.2 million by 2030.
- The China market is expected to grow at a CAGR of 4.8% 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.
Self-tanning products market data book summary
| Market revenue in 2021 | USD 67.0 million |
| Market revenue in 2030 | USD 102.2 million |
| Growth rate | 4.8% (CAGR from 2021 to 2030) |
| Largest segment | Lotions |
| Fastest growing segment | Gels |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, China accounted for 7.6% of the global self-tanning products market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China self-tanning products market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 44.5 million by 2030.
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Self-tanning Products Market Scope
Self-tanning Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 will help companies and investors design strategic landscapes.
Lotions was the largest segment with a revenue share of 60.9% in 2021. Horizon Databook has segmented the China self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the major countries contributing to the growth of the global skincare market, including self-tanning products, in terms of consumption as well as production. Various government policies along with the strong business ecosystem, low taxation and duties on production, and easy availability of cost effective labor are expected to boost the production of self-tanning products in China.
According to statistics provided by the global skincare and cosmetics manufacturer L’Oréal SA in April 2021, the sales of skincare products in the country rose by 38% in the year 2020 as compared to 2019, owing to the high demand for duty-free products in the Hainan Province.
These market trends are anticipated to boost the demand for self-tanning products in China over the forecast period.
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Target buyers of China self-tanning products market databook
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Our clientele includes a mix of self-tanning products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the China self-tanning products market , including forecasts for subscribers. This country databook contains high-level insights into China self-tanning products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China self tanning products market size, by product, 2018-2030 (US$M)
China Self-tanning Products Market Outlook Share, 2021 & 2030 (US$M)
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