Category : Healthcare and Pharmaceuticals | Published at : March-2021 | Delivery Format : PDF | Status: Published | Pages : 190
The market for tanning bed is predicted to grow at a CAGR of around 6.0% from 2020 to 2027 and expected to reach the market value of around US$ 7,423.4 Mn by 2027.
Tanning bed is a device that emits ultraviolet radiation in order to produce a cosmetic tan that makes people's skin darker. There are various types of tanning beds including low-pressure beds, high-pressure beds, and a booth. Here, the low-pressure beds are traditional tanning beds, where UV rays are emitted in a spectrum that is similar to natural sunlight. A stand-up tanning bed or booth has more space to get better coverage. The most common type of tanning bed is a horizontal tanning bed. Basically, these devices create an artificial source of UV rays of types including ultraviolet-A and ultraviolet-B. Various types of tanning beds are available in the market, one type emits UVA rays only, another one emits only UVB rays and a combination of both types is also available.
Advantages associated with the usage of tanning beds include improved appearance, enhanced mood, and increased vitamin D levels. Additionally, according to the Indoor Tanning Association (ITA), catching some rays may lengthen life. Exposure to sunlight can also improve energy and elevate mood. Moreover, too much exposure can harm in various ways like causes skin cancer, skin-damaging like wrinkles, cataract skin, toughening of the skin, loss of elasticity, fine lines, age spots, sometimes causing eye-damaging and suppression of the immune system in some cases.
Market Dynamics
The advantages associated with the tanning bed include improved appearance, enhanced mood, and increased vitamin D level are supporting the increased usage of tanning beds across the globe, especially in low sunlight countries. The increasing demand for personal or luxury care treatments and the development of several advanced technologies in tanning equipment is further driving the market growth. Women in western countries prefer tanned skin owing to their belief that their white skin is easily prone to visible aging signs.
On the other side, the side effects associated with overexposure to artificial UV rays like skin malignancies like basal cell carcinoma, squamous cell carcinoma, and melanoma, frequent exposure can also accelerate skin aging are likely to limit the growth over the forecast period from 2020 to 2027.
Segment Instance of Global Tanning Bed Market
Low Pressure Tanning Beds lead the market with maximum revenue share in 2019
On the basis of product type, low-pressure tanning beds account for the maximum revenue share in the tanning bed market. Low-pressure tanning beds have lamps that emit rays to heat less and penetrate more deeply and stimulate the melanin production for a gradual, deeper, and long-lasting tan. These are traditional tanning beds that emit UV rays in a spectrum that is similar to natural light. These are common types of beds found in tanning salons as it is believed to the safer and healthier than the high-pressure tanning beds.
Europe held the maximum revenue share in the global market
In 2019, Europe held maximum revenue share and the region is also projected to maintain its dominance over the forecast period owing to the presence of white skin population in the region. Moreover, North America follows Europe in the tanning bed market. According to the National Center for Biotechnology Information (NCBI), indoor tanning is widespread in the United States, 8–20% of adults, and 7–35% of teens engage regularly in indoor tanning. The availability of better healthcare facilities in the region along with the awareness about tanning beds is contributing to the regional market growth.
In 2010, under the Affordable Care Act of the United States, a 10% "tanning tax" was introduced, which is added to the fees charged by tanning facilities and was estimated to raise US$2.7 billion for health care over ten years. The US Food and Drug Administration (FDA) classifies tanning beds as "moderate risk" devices, which has been changed from low risk in 2014.
Key Market Players
The players profiled in the report include Bronze Italia, Hapro, Honle Medizintechnik, ISO Italia, JK-International, KBL AG, Lumagen, Schulze & Bohm, Soltron, Sunfire, Sunvision, TECNOSUN, and Wolff Tanning Beds.
Market Segmentation
Market By Product Type
Low Pressure Tanning Beds
High Pressure Tanning Beds
Stand-up Tanning Booths
Market By End User
Tanning Salons
Wellness Centers
Home Care Settings
Swimming Club
Gyms
Hotels
Spa
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
Frequently Asked Questions
The market for tanning bed is expected to reach a market value of around US$ 7,423.4 Mn by 2027.
The tanning bed market is expected to grow at a CAGR of around 6.0% from 2020 to 2027.
The segments by end user in the tanning bed market tanning salons, wellness centers, home care settings, swimming club, gyms, hotels, and spa.
The low pressure tanning beds is the leading segment by product type in the tanning bed market
The advantages associated with the tanning bed like improved appearance, enhanced mood, and increased vitamin D level, development of several advanced technologies along with the advancement in tanning equipment technology are some of the key drivers of the global tanning bed market.
Bronze Italia, Hapro, Honle Medizintechnik, ISO Italia, JK-International, KBL AG, Lumagen, Schulze & Bohm, Soltron, Sunfire, Sunvision, TECNOSUN, and Wolff Tanning Beds are the prominent players in the tanning bed market.
Europe held the highest market share in the tanning bed market
