GreyViews: The Nail Care Products Market is expected to exceed USD 30.66 Billion by 2030

Nail Care Products Market Size by Product (Artificial Nails & Accessories and Nail Polish), By End-User (Household and Salon), Regions, Segmentation, and forecast till 2030.

Pune India, Jan. 16, 2023 (GLOBE NEWSWIRE) — The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the regions where there is the most demand. nail care products market The company is in operation and expected to grow soon. Manufacturers and suppliers who are involved in this nail care products market These are found in various countries throughout the mentioned regions.

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This report provides an in-depth understanding of the market segments created by the combination of different prospects, such as the product, the end-user, the regions, and the country. The following paragraphs discuss the market’s key driving factors, challenges, opportunities, and restraints.

These are the key players in the nail care products market are Delia Cosmetics, Creative Nail Design, Inc., IL Cosmetics Group, L’Oreal Groupe, LCN USA, China Glaze, Coty Inc., ORLY International, Inc., Sally Hansen Inc., Clorox, American International Industries, Kirker Enterprises, Inc., CNC International B.V., Fiabila S.A. among others. Manufacturers are looking to expand their market share and position themselves in the global nail care market by pursuing current developments, mergers & acquisitions, product innovation, collaborations, partnerships, joint ventures and other methods.
Nail care products are gaining so much attention in today’s world due to changing lifestyles, rising awareness about nail spas and increasing fashion trends. Consumers push manufacturers to come up with new nail polishes that are durable, long-lasting and dry quickly. Typically, manufacturers launch a variety of nail polish various nail polish collections for party wear, festive & holiday seasons, and emphasize producing shiny, long-lasting nail polishes that dry quickly. To meet the growing demand for products, there are more vegan and chemical-free options. Several international brands and small & medium-sized companies operate in the nail care products market, and most players are shifting from chemical and toxin-filled products to organic alternatives, which is attracting more consumers and eventually adding more value to the growth of the market. The market will grow over the forecast period due to increased awareness of self-care and the ability afford these products. The market is being held back by chemicals found in nail products. An analysis of the nail salon industry revealed that various chemicals are used to treat nail care products. These chemicals can cause cancer and disrupt your endocrine system.

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The Nail Care Products Market Report:

Segmentation Analysis

Nail polish is predicted to grow at the fastest rate in 2022. 

The product segment is artificial nails & accessories and nail polish. The highest expected growth rate for the human insulin drugs segment will be during the forecast period. Nail polish is a dominant market product and is a favorite among women. Over the years, this product has seen significant growth in popularity. There is an increasing demand for vegan and chemical free products which supports the market growth.

In 2022, the fastest-growing segment is expected to be households. 

End-users include households and salons. The forecast period will see the greatest growth in household segments. With the rise of social media platforms like Instagram, YouTube, and Instagram, consumers are more inclined to make their own nail care products. This is driving the market’s growth. The wide variety of products that are available in retail shops and beauty salons, supermarkets, as well as company-owned stores allows for product segments to gain recognition.

Regional Analysis           

The country and key regions are analyzed in detail. The US, Canada and Mexico are some of the countries we have analyzed in the nail care product market.

Asia Pacific saw a significant share. Through the increasing popularity of nail arts, as well as new product launches in emerging countries such India, Indonesia, China and China, the market for nail care will see a positive impact. Nail art demand will increase as women in the region are more conscious of their personal grooming and disposable incomes rise. The market will grow if more nail care products are adopted by women who work and college girls who focus on their appearance.

Analyse of Country

Germany’s nail products market was valued at USD 1.55 Billion in 2021. By 2029, it is expected to rise to USD 2.37 Billion. This will be at a CAGR 5.5% between 2023 and 2030.
There are a growing number of salons and nail care services in Germany. This is due to the rapid growth of the market.

China’s nail care products market size was valued at USD 2.05 billion in 2021 and is expected to reach USD 3.21 billion by 2029, at a CAGR of 5.8% from 2023 to 2030.
The country’s market growth is driven by rising awareness about nail spas and changing lifestyles. Moreover, trending beauty and cosmetics-related trends on social media are also influencing the market’s growth.

India’s nail products market was valued at USD 1.58 Billion in 2021. By 2029, it is expected to rise to USD 2.46 Billion. This will be at a CAGR 5.7% between 2023 and 2030.
India’s nail industry will likely have a bright future thanks to the availability and changing habits of Indian consumers, increased personal care spending, and the availability of a wide range of products.
Impact of Covid-19
Covid-19 had a profound impact on almost every industry, including electronics, semiconductors and manufacturing. Many technology-related companies have seen increased revenue as a result of the significant shift in consumer preferences towards technological services. The pandemic has also led to significant technology growth in both developed and developing countries.

The market’s growth is also largely driven by the changing lifestyles and fashion trends.

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Get in touch
Rocky Shah
GreyViews
Pune India
Phone: (+44) 162-237-1047
Email: [email protected]

Web: https://greyviews.com/

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