Latin America Self-tanning Products Market Size & Outlook
Latin America self-tanning products market, 2018-2030 (US$M)
Related Markets
Latin America self-tanning products market highlights
- The Latin America self-tanning products market generated a revenue of USD 77.2 million in 2021.
- The market is expected to grow at a CAGR of 5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 77.2 million |
| Market revenue in 2030 | USD 119.6 million |
| Growth rate | 5% (CAGR from 2021 to 2030) |
| Largest segment | Lotions |
| Fastest growing segment | Gels |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Latin America region accounted for 8.8% of the global self-tanning products market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 320.1 million by 2030.
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Self-tanning Products Market Scope
Self-tanning Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 51.55% in 2021. Horizon Databook has segmented the Latin America self-tanning products market based on lotions, gels covering the revenue growth of each sub-segment from 2018 to 2030.
Manufacturers in this region are engaged in the development of self-tanning products that contain a mixture of natural and organic ingredients, in an attempt to tap into new customer demographics. For instance, Brazilian Tape Tan, a leading natural and organic manufacturer of skincare products, offers a wide range of self-tanning products with natural intensifiers.
Furthermore, the regional population is increasingly adopting value-for-money skincare and cosmetic products including self-tanning products that are natural and organic as along with providing diverse benefits, similar to high-priced premium products but at a lower cost.
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Target buyers of Latin America 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America self-tanning products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America self-tanning products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America self-tanning products market size, by country, 2018-2030 (US$M)
Latin America Self-tanning Products Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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