Industry Background:
Spray tanning allows people to achieve a bronze glow all year round without the health risks of tanning beds. The process is very simple. A thin mist is sprayed onto the specified areas of skin, and the skin turns a natural-looking shade of tan. The process works because of a chemical called Dihydroxyacetone (DHA). This chemical is colorless, but it interacts with the amino acids that naturally occur in skin cells. When they come into contact, the skin cells become several shades darker.This growth is primarily driven by Inclination Towards Personal Care and Beauty.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Personal Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Tampa Bay Tan (United States), NUDA Inc (Canada), Suntana Spray Tan (United Kingdom), Fake Bake US (United States), The Tanning Store (United States), GloBody (United States), Sunless. Inc (United States), Artesian Tan (United States), Aviva Labs (United States) and SunFX (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Growing Beauty Industry
Market Growth Drivers:
Inclination Towards Personal Care and Beauty
Challenges:
Massive Setback Due to the Ongoing COVID-19 Pandemic and Declining Demand
Restraints:
Availability of Substitute Products In Beauty Industry and Unawareness in Many Region
Opportunities:
Companies are Expanding Their Product Portfolio to Increase Their Presence in the Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Spray Tanning Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Spray Tanning Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Spray Tanning players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Spray Tanning Study Sheds Light on
The Spray Tanning Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Spray Tanning industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Spray Tanning industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.