Over the past five years, the industry has grown as US consumers have become wealthier due to higher employment, which has precipitated rising per capita disposable income and consumer confidence. Consequently, demand for personal services and other luxury services has risen as consumers increase their spending on discretionary items and services. However, curbed growth is expected in 2016 as health concerns mitigate improving macroeconomic conditions. The industry is expected to generate more income through sunless tanning beds and merchandise, which will increasingly cater toward consumers looking to make luxury purchases.
This industry includes companies that provide indoor tanning services through UV tanning beds and booths, as well as spray-on tanning services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.