Middle East & Africa Self-Tanning products Market: Industry Analysis and Forecast (2024-2030)

Middle East & Africa Self-Tanning Products Market Overview:

The Middle East and Africa self-tan market grew at a 2.84 percent compound annual growth rate (CAGR) from 2012 to 2017, with a sales value of USD 12.17 million in 2017, a 2.37 percent increase over 2016. The market had its best year in 2013, when it increased by 4.92 percent over the previous year, and its worst year in 2015, when it increased by 0.42 percent over 2014. Premium Self-Tan was the fastest growing segment of the Self-Tan market in the Middle East and Africa between 2012 and 2017, with a CAGR of 3.84 percent. With a CAGR of 2.07 percent, the market's weakest performing segment was Mass Self-Tan. In 2017, the Mass Self-Tan segment accounted for 54.85 percent of the Middle East & Africa Self-Tan market, while Premium Self-Tan ranked second, accounting for 45.15 percent of the market's 2017 share.

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Middle East & Africa Self-Tanning products Market Dynamics:

Over the last decade, number of cosmetic treatments performed worldwide has increased. One-third of those who have cosmetic procedures are under the age of 35. The UAE has established itself as a regional centre for cosmetic surgery. Cosmetic procedures are becoming more popular in the Middle East, with skin and nasal procedures being the most popular.

• The population of the United Arab Emirates is composed of people from several nationalities. According to one assessment, after Saudi Arabia and Egypt, the UAE ranks third in the Middle East in terms of clients receiving cosmetic operations.

• Various favourable business regulations enforced by the governments in the Middle East & Africa region, are likely to drive the Middle East & Africa self-tanning product market forward.
• Furthermore, factors such as increased R&D investment by numerous market players, as well as their growing emphasis on the introduction of organic solutions, are expected to open up new opportunities for businesses in the Middle East & Africa Self Tanning market.
• Along with that, the key market players are focused on expanding the distribution channel in the Middle East & African region.
• The Middle East & Africa is estimated to have a significant footprint in the self-tanning product market due to the growing number of young people with more disposable income in the region. It would also increase consumption of personal care products such as self-tanning.

Market Restraints:

• The Premiumization of self-care and cosmetics market products due to the high cost of R&D and increased production cost due to sustainable and environmentally safe products will raise the product cost. This could restrain market growth in some parts of the Middle East & Africa region due to price consciousness.

Middle East & Africa Self-Tanning products Market Segment Analysis:

By-Products, the Middle East & Africa Self-Tanning Products Market is segmented into Lotions and Gels. Lotions segment dominated the market in the past and it is estimated to maintain its share. This is attributed to the ease of use for the lotion. Moreover, The gels segment is projected to register the fastest CAGR during the forecast period (2024-2030). Gels are water-based self-tanning solutions that help the skin retain moisture and avoid dryness. Gels have a number of advantages, including ease of application, excellent moisturization, and hydration, all of which contribute to the product's growing popularity.

By Distribution Channel, the Middle East & Africa Self-Tanning Products Market is segmented into Online, Convenience stores, Supermarkets & Hypermarkets. Supermarkets and hypermarkets had the largest market share (65%) in 2023 and are expected to have the smallest share throughout the forecast period (2024-2030). These are service superstores that offer a wide range of products, including food, household items, and merchandise, as well as cosmetics and personal care items, all under one roof. Customers are drawn to this distribution channel as a result of this. During the forecast period, the online distribution channel segment is expected to grow at the fastest rate (2024-2030).

Middle East & Africa Self-Tanning products Market Regional Insights:

• The Argentina self-tanning products market is anticipated to grow at a CAGR of 7.2% during the forecasted period for the Middle east & Africa Self-Tanning Products Market region (2024 - 2030).
• Additionally, The UAE market would display a CAGR of 6.4% during the forecasted period for the Middle east & Africa Self-Tanning Products Market (2024 - 2030).

The objective of the Middle East & Africa Self-Tanning products Market report is to present a comprehensive analysis of the Middle East & Africa Self-Tanning products market to the stakeholders in the industry. The Middle East & Africa Self-Tanning products Market report provides trends that are most dominant in the Middle East & Africa Self-Tanning products market and how these trends will influence new business investments and market development throughout the forecast period. The Middle East & Africa Self-Tanning products Market report also aids in the comprehension of the Middle East & Africa Self-Tanning products Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Middle East & Africa Self-Tanning products market report will assist in understanding which market segments, regions, and factors affecting the market, as well as key opportunity areas, will drive the industry and market growth over the forecast period (2024-2030). The report on the Middle East & Africa Self-Tanning products Market also includes the competitive landscape of key industry players, as well as their recent developments in the Middle East & Africa Self-Tanning products market. The Middle East & Africa Self-Tanning products Market report investigates factors such as company size, market share, market growth, revenue, production volume, and profits of the market's key players.

Self-Tanning Products in the Middle East and Africa The market report includes Porter's Five Force Model, which aids in the development of market business strategies. Self-Tanning Products in the Middle East and Africa In the Middle East & Africa Self-Tanning products market, a market report can help identify how many competitors exist, who they are, and how their product quality is. Self-Tanning Products in the Middle East and Africa The market report also examines whether it is easy for a new player to gain a foothold in the Middle East & Africa Self-Tanning products market, whether they enter/exit the market on a regular basis, whether the market is dominated by a few players, and so on.

The Middle East and Africa Self-Tanning Products Market report also includes a PESTEL Analysis, which aids in the development of business strategies. Political factors influence how much a government can sway the Middle East & Africa Self-Tanning Products market. Economic variables help analyse the economic performance drivers influencing the Middle East & Africa Self-Tanning Products market. Legal considerations aid in understanding the impact of the surrounding environment and environmental concerns on the Middle East and Africa Self-Tanning Products market.

Middle East & Africa Self-Tanning products Market Scope:

Middle East & Africa Self-Tanning products Market Key Players

• Unilever PLC (UK)
• Avon Products, Inc. (UK)
• Shiseido Company, Limited (Japan)
• Clarins Group SA (France)
• P&G Co. (USA)
• Natura & Co.
• Edgewell personal Care (USA)
• L'Oreal Group (France)
• Johnson & Johnson (USA)
• Kao Corporation (Japan)
• Beiersdorf AG (Germany)
• PZ Cussons plc (UK)