Global Nail Care Products Market Size To Worth USD 35.21 Billion By 2033 | CAGR Of 5.10%
Category: Consumer GoodsGlobal Nail Care Products Market Size To Worth USD 35.21 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Nail Care Products Market Size is to Grow from USD 21.42 Billion in 2023 to USD 35.21 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.10% during the projected period.
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Browse key industry insights spread across 230 pages with 100 Market data tables and figures & charts from the report on the "Global Nail Care Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Nail Polish, Artificial Nail & Accessories, and Others), By End Use (Salon and Household), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/nail-care-products-market
Nail care remedies are intended to defend, enhance, and color nails while also softening and nourishing cuticles. Nail polish, treatments, strengtheners, devices, and other nail care products are especially popular. The primary purpose of these nail solutions is to keep the nail healthy and dry while avoiding bacteria and other infectious organisms from accumulating in the nails. However, the increased awareness of the negative impacts of chemicals on nails could hinder market growth for nail products. Furthermore, the health hazards associated with gel nail polish limit the market's progress.
The nail polish segment is expected to hold the largest share of the nail care products market during the projected timeframe.
Based on the product, the nail care products market is divided into nail polish, artificial nail & accessories, and others. Among these, the nail polish segment is expected to hold the largest share of the nail care products market during the projected timeframe. This can be attributed to the growing popularity of nail art at home, particularly among millennials. The demand for all products is being influenced by the increasing number of new products being introduced in the vegan and chemical-free industries.
The household segment holds the highest market share of the nail care products market during the projected timeframe.
Based on the end use, the nail care products market is categorized into salon and household. Among these, the household segment holds the highest market share of the nail care products market during the projected timeframe. This is due to of nail art at home becoming a growing trend, especially among millennials. Products in the vegan and chemical-free categories are increasingly being introduced to meet the general need for products.
North America is expected to hold the largest share of the nail care products market over the forecast period.
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North America is expected to hold the largest share of the nail care products market over the forecast period. This dominance owing to the fact that the market for nail care products in North America has expanded dramatically due to increased consumer knowledge, the impact of social media, better at-home nail care techniques, and a rise in product offerings. There is a need for nail care products that improve nail health since North American consumers are becoming more concerned about their health and well-being.
Europe is predicted to grow at the fastest pace in the nail care products market during the projected timeframe. The rising recognition of at-home nail service providers, design and nail art trends, and an increased focus on health and wellness are all driving the market's expansion in Germany. In Germany, high-end and luxury nail care products are growing in demand. Customers are eager to spend money on higher-quality products that offer outstanding performance and distinctive advantages, which propels market expansion in the high-end sector.
Major vendors in the nail care products market are L'Oréal Groupe, AMERICAN INTERNATIONAL INDUSTRIES, Coty Inc., Olive & June, ORLY International, Inc., The Estée Lauder Companies, Creative Nail Design Inc., NSI Nails, Cosnova GmbH (essence), Light Elegance, American International Industries, Barielle, CNC International, IL Cosmetics Group, and others.
Recent Developments
- In May 2022, Nails.INC, a cosmetics company, collaborated with Magnum Ice Cream to release a collection of six chocolate-scented nail polish colours influenced by the launched Magnum Ice Cream Duet Bars.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the nail care products market based on the below-mentioned segments:
Global Nail Care Products Market, By Product
- Nail Polish
- Artificial Nail & Accessories
- Others
Global Nail Care Products Market, By End-use
- Salon
- Household
Global Nail Care Products Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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