Global Nail Care Products Market Insights Forecasts to 2033

• The Global Nail Care Products Market Size was Valued at USD 21.42 Billion in 2023
• The Market Size is Growing at a CAGR of 5.10% from 2023 to 2033
• The Worldwide Nail Care Products Market Size is Expected to Reach USD 35.21 Billion by 2033
• Europe is Expected to Grow the fastest during the forecast period.

The Nail Care Products Market Size is Anticipated to Exceed USD 35.21 Billion by 2033, Growing at a CAGR 5.10% from 2023 to 2033.

Market Overview

Nail care products are designed to protect, improve, and color the nails while also softening and conditioning the cuticles. Nail polish, treatments, strengtheners, accessories, and other nail products are particularly prevalent. The major goal of these nail products is to preserve the nail dry and clean while preventing germs and other infectious organisms from gathering in the nails. Nail care is now an essential element in personal grooming, with nail paint and nail art gaining popularity in the corporate and fashion sectors. This tendency is projected to play a significant role in increasing product demand over the forecast period. Furthermore, important corporations have been expanding their product portfolios by introducing new and creative products into the market to capitalize on the growing trend.

Report Coverage

This research report categorizes the market for the nail care products market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the nail care products market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the nail care products market.

Driving Factors

One of the main factors propelling the nail care products market expansion is one of the most essential elements of women's fashion is nail care. Among the most crucial aspects of one's appearance are nail care, health, and other hygiene considerations. Most people are encouraged to maintain healthy fingernails and toenails as their sense of self-care and knowledge of fungal infections increases, particularly in diabetics. Rising female fashion trends and women's economic power, especially in developing nations, are driving the global nail care market.

Restraining Factors

The market expansion for nail products will be hampered by growing knowledge of the harmful effects of chemicals on nails. Furthermore, the health risks connected to gel nail polish also hinder the market's expansion.

Market Segmentation

The nail care products market share is classified into product and end use.

• The nail polish segment is expected to hold the largest share through the forecast period.

Based on the product, the nail care products market is categorized into nail polish, artificial nail & accessories, and others. Among these, the nail polish segment is expected to hold the largest share through the forecast period. This can be ascribed to the expanding nail design trends at home, especially among the millennial generation. Growing product launches in the vegan and chemical-free sectors are contributing to total product demand.

• The household segment holds the highest market share through the forecast period.

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 through the forecast period. This is because of the increasing popularity of nail art at home, particularly among millennials. The general demand for products is being further complemented by an increase in the introduction of products in the vegan and chemical-free categories.

Regional Segment Analysis of the Nail Care Products Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the nail care products market over the predicted timeframe.

North America is anticipated to hold the largest share of the nail care products market over the forecast period. This dominance is due to the nail care products market in North America has grown significantly as a result of greater awareness among consumers, the influence of social media, improved at-home nail care practices, and increasing product offers. North American customers are increasingly concerned with health and wellbeing, creating a need for nail care products that enhance nail health. There is a rising preference for products that are devoid of dangerous chemicals like formaldehyde, toluene, and phthalates, which is fueling the expansion of clean nail care solutions.

Europe is expected to grow at the fastest CAGR growth in the nail care products market during the forecast period. The market in Germany is expanding due to a strong emphasis on health and wellness, design and nail art trends, and the growing popularity of at-home nail care services. Premium and luxury nail care brands are becoming increasingly popular in Germany. Consumers are excited to pay in high-quality items that provide exceptional performance and unique benefits, which help to drive market growth in the high-end category. The e-commerce business in Germany has grown significantly, giving consumers convenient access to a diverse choice of nail care products.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the nail care products market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In June 2022, Velveeta, a prominent cheese brand, teamed up with Nails.INC, a London-based female-owned pioneering firm, to create Velveeta Pinkies Out varnish, a red and yellow cheddar-scented varnish.

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