Tanning Sprays Market SWOT Analysis by 2031
Spray tanning is a type of self-tanning (also known as sunless tanning) that involves spraying a fine mist onto your body. Dihydroxyacetone (DHA) is a component in this mist that interacts with your skin's chemistry to render it tan or bronze. The active ingredients in today's greatest self-tanners are DHA and dihydroxyacetone. DHA is a simple carbohydrate with the formula C3H6O3 that can be derived from sugarcane or sugar beets, as well as glycerol fermentation. DHA isn't a colour; instead, it triggers a chemical reaction in your skin's death layer with the amino acids on top.
MARKET DYNAMICS
The demand for self-tanning solutions has continually risen as a result of increased knowledge and scientific data regarding the harmful effects of UV radiation. Market companies are increasingly investing resources in research and development and diversifying their product portfolio in response to the growing interest in self-tanning products. To boost their market share and presence, several self-tanning goods market companies are releasing new items and extending their product line.
MARKET SCOPE
The "global tanning sprays market analysis to 2031" is a specialized and in-depth study of the Consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the tanning sprays market with detailed market segmentation by type and by distribution channel Industry. The global tanning sprays market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tanning sprays market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tanning sprays market is segmented into type and distribution channel Industry. By type, the tanning sprays market is classified into hvlp tanning guns, lvlp tanning guns and Others. By distribution channel Industry, supermarket and hypermarket, specialty stores, online retail and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global tanning sprays market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The global tanning sprays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the global tanning sprays market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the global tanning sprays market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global tanning sprays market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The global tanning sprays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the global tanning sprays market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the global tanning sprays market in these regions.
MARKET PLAYERS
The report covers vital developments in the global tanning sprays market tanning sprays market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the global tanning sprays market are anticipated to witness lucrative growth opportunities in the future with the rising demand for tanning sprays in the global market. Below mentioned is the list of few companies engaged in the global tanning sprays market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the global tanning sprays market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Fake Bake LLC
- Sunless Inc.
- Bondi Sands
- MILLION DOLLAR TAN
- VANIT US
- L'Oréal S.A.
- ThePixelcurve.
- Suntana Spray Tan Ltd
- SunFX America.
- OZTAN.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Tanning Sprays Market - By Type
1.3.2 Tanning Sprays Market - By Distribution Channel
1.3.3 Tanning Sprays Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TANNING SPRAYS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. TANNING SPRAYS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TANNING SPRAYS MARKET - GLOBAL MARKET ANALYSIS
6.1. TANNING SPRAYS - GLOBAL MARKET OVERVIEW
6.2. TANNING SPRAYS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. TANNING SPRAYS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HVLP TANNING GUNS
7.3.1. Overview
7.3.2. HVLP Tanning Guns Market Forecast and Analysis
7.4. LVLP TANNING GUNNS
7.4.1. Overview
7.4.2. LVLP Tanning Gunns Market Forecast and Analysis
8. TANNING SPRAYS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKET AND HYPERMARKET
8.3.1. Overview
8.3.2. Supermarket and hypermarket Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. others Market Forecast and Analysis
9. TANNING SPRAYS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Tanning Sprays Market Overview
9.1.2 North America Tanning Sprays Market Forecasts and Analysis
9.1.3 North America Tanning Sprays Market Forecasts and Analysis - By Type
9.1.4 North America Tanning Sprays Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Tanning Sprays Market Forecasts and Analysis - By Countries
9.1.5.1 United States Tanning Sprays Market
9.1.5.1.1 United States Tanning Sprays Market by Type
9.1.5.1.2 United States Tanning Sprays Market by Distribution Channel
9.1.5.2 Canada Tanning Sprays Market
9.1.5.2.1 Canada Tanning Sprays Market by Type
9.1.5.2.2 Canada Tanning Sprays Market by Distribution Channel
9.1.5.3 Mexico Tanning Sprays Market
9.1.5.3.1 Mexico Tanning Sprays Market by Type
9.1.5.3.2 Mexico Tanning Sprays Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Tanning Sprays Market Overview
9.2.2 Europe Tanning Sprays Market Forecasts and Analysis
9.2.3 Europe Tanning Sprays Market Forecasts and Analysis - By Type
9.2.4 Europe Tanning Sprays Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Tanning Sprays Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Tanning Sprays Market
9.2.5.1.1 Germany Tanning Sprays Market by Type
9.2.5.1.2 Germany Tanning Sprays Market by Distribution Channel
9.2.5.2 France Tanning Sprays Market
9.2.5.2.1 France Tanning Sprays Market by Type
9.2.5.2.2 France Tanning Sprays Market by Distribution Channel
9.2.5.3 Italy Tanning Sprays Market
9.2.5.3.1 Italy Tanning Sprays Market by Type
9.2.5.3.2 Italy Tanning Sprays Market by Distribution Channel
9.2.5.4 United Kingdom Tanning Sprays Market
9.2.5.4.1 United Kingdom Tanning Sprays Market by Type
9.2.5.4.2 United Kingdom Tanning Sprays Market by Distribution Channel
9.2.5.5 Russia Tanning Sprays Market
9.2.5.5.1 Russia Tanning Sprays Market by Type
9.2.5.5.2 Russia Tanning Sprays Market by Distribution Channel
9.2.5.6 Rest of Europe Tanning Sprays Market
9.2.5.6.1 Rest of Europe Tanning Sprays Market by Type
9.2.5.6.2 Rest of Europe Tanning Sprays Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Tanning Sprays Market Overview
9.3.2 Asia-Pacific Tanning Sprays Market Forecasts and Analysis
9.3.3 Asia-Pacific Tanning Sprays Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Tanning Sprays Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Tanning Sprays Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Tanning Sprays Market
9.3.5.1.1 Australia Tanning Sprays Market by Type
9.3.5.1.2 Australia Tanning Sprays Market by Distribution Channel
9.3.5.2 China Tanning Sprays Market
9.3.5.2.1 China Tanning Sprays Market by Type
9.3.5.2.2 China Tanning Sprays Market by Distribution Channel
9.3.5.3 India Tanning Sprays Market
9.3.5.3.1 India Tanning Sprays Market by Type
9.3.5.3.2 India Tanning Sprays Market by Distribution Channel
9.3.5.4 Japan Tanning Sprays Market
9.3.5.4.1 Japan Tanning Sprays Market by Type
9.3.5.4.2 Japan Tanning Sprays Market by Distribution Channel
9.3.5.5 South Korea Tanning Sprays Market
9.3.5.5.1 South Korea Tanning Sprays Market by Type
9.3.5.5.2 South Korea Tanning Sprays Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Tanning Sprays Market
9.3.5.6.1 Rest of Asia-Pacific Tanning Sprays Market by Type
9.3.5.6.2 Rest of Asia-Pacific Tanning Sprays Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Tanning Sprays Market Overview
9.4.2 Middle East and Africa Tanning Sprays Market Forecasts and Analysis
9.4.3 Middle East and Africa Tanning Sprays Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Tanning Sprays Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Tanning Sprays Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Tanning Sprays Market
9.4.5.1.1 South Africa Tanning Sprays Market by Type
9.4.5.1.2 South Africa Tanning Sprays Market by Distribution Channel
9.4.5.2 Saudi Arabia Tanning Sprays Market
9.4.5.2.1 Saudi Arabia Tanning Sprays Market by Type
9.4.5.2.2 Saudi Arabia Tanning Sprays Market by Distribution Channel
9.4.5.3 U.A.E Tanning Sprays Market
9.4.5.3.1 U.A.E Tanning Sprays Market by Type
9.4.5.3.2 U.A.E Tanning Sprays Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Tanning Sprays Market
9.4.5.4.1 Rest of Middle East and Africa Tanning Sprays Market by Type
9.4.5.4.2 Rest of Middle East and Africa Tanning Sprays Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Tanning Sprays Market Overview
9.5.2 South and Central America Tanning Sprays Market Forecasts and Analysis
9.5.3 South and Central America Tanning Sprays Market Forecasts and Analysis - By Type
9.5.4 South and Central America Tanning Sprays Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Tanning Sprays Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Tanning Sprays Market
9.5.5.1.1 Brazil Tanning Sprays Market by Type
9.5.5.1.2 Brazil Tanning Sprays Market by Distribution Channel
9.5.5.2 Argentina Tanning Sprays Market
9.5.5.2.1 Argentina Tanning Sprays Market by Type
9.5.5.2.2 Argentina Tanning Sprays Market by Distribution Channel
9.5.5.3 Rest of South and Central America Tanning Sprays Market
9.5.5.3.1 Rest of South and Central America Tanning Sprays Market by Type
9.5.5.3.2 Rest of South and Central America Tanning Sprays Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TANNING SPRAYS MARKET, KEY COMPANY PROFILES
11.1. FAKE BAKE LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SUNLESS INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BONDI SANDS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MILLION DOLLAR TAN
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. VANIT US
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. L'ORéAL S.A.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. THEPIXELCURVE.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SUNTANA SPRAY TAN LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUNFX AMERICA.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OZTAN.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Fake Bake LLC
2.Sunless Inc.
3.Bondi Sands
4.MILLION DOLLAR TAN
5.VANIT US
6.L'Oréal S.A.
7.ThePixelcurve.
8.Suntana Spray Tan Ltd
9.SunFX America.
10.OZTAN.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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