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UV Nail Gel Market worth $59.31 Million by 2020

07-18-2018 03:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: markets and markets

UV Nail Gel Market

UV Nail Gel Market

The report, “UV Nail Gel Market by Chemistry (Acrylate, Methacrylate, Cyanoacrylate), and Regional Analysis (Asia-Pacific, North America, Europe, and ROW) - Global Trends & Forecasts to 2020” defines and segments the UV nail gel market with an analysis and forecast of by chemistry in terms of value.

Browse 42 market data tables and 44 figures spread through 93 pages and in-depth TOC on “UV Nail Gel Market by Chemistry , and Regional Analysis - Global Trends & Forecasts to 2020"

https://www.marketsandmarkets.com/Market-Reports/uv-nail-gel-market-28698197.html

Early buyers will receive 10% customization on this report.

“North America is the key market for UV nail gel due to the increasing fashion awareness and increase in per capita income.

North America dominated the UV nail gel market in 2014 and accounted for over 53% of the market size, in terms of value. In terms of individual countries, the market is dominated by U.S. on account of increased demand for innovative and efficient products that can be applied to the nail care industry. U.K. is the second-largest UV nail gel consumer in the world. UV nail gel gives a shiny look and has a fast curing time. RoW is expected to witness the highest CAGR during the next five years due the low base effect. However, Asia-Pacific is expected to witness a prominent growth rate due to the increasing fashion awareness and increase in per capita income. These factors are expected to help to start a trend of nail gel use in the region. Asia-Pacific market is expected to be primarily driven by Japan and China.

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The factors driving the growth of UV nail gel market include the growth of nail care industry and advanced technology in fashion, affordability and durability, high growth of U.S. nail care industry and preference of gel over acrylics. This is a developing market due to growing demand for efficiency and superior properties of UV nail gel. However, restraints for UV nail gel markets are exposure to UV light, high competition from major players and use of acetone while removal of nail gels.

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“Methacrylate dominate the UV nail gel market by chemistry”

Methacrylate is the most commonly consumed UV nail gel, they accounted for 95% share of the total market size, in terms of value in 2014. Global demand for UV nail gel is projected to reach $59.31 Million by 2020 at a CAGR of 6.5% between 2015 and 2020. They are estimated to continue being the most consumed UV nail gel with the highest CAGR b etween 2015 and 2020. Methacrylate is followed by acrylate with a market share of 5% in the same year. The main utility of using UV nail gel is its durability which is not possible without methacrylate. This is because it acts as a bonding agent used in artificial nail products. This in turn increases the demand of methacrylate.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

Email: newsletter@marketsandmarkets.com
Visit Our Blog: http://coatings-adhesives.blogspot.com
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

Email: newsletter@marketsandmarkets.com
Visit Our Blog: http://coatings-adhesives.blogspot.com
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Visit Our Blog: http://coatings-adhesives.blogspot.com
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

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