Press release
Nail Glue Market To Gain Substantial Traction Through 2030
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COVID-19 Impact on the Global Nail Glue Market
COVID-19 had a significant impact on the market's growth, due to the disrupted supply chains, closure of retail channels, and global lockdown, the raw material prices were also increased. However, social media influencers' count increased during COVID-19, so in order to enhance their reel image, female influencers adopted false nails, nail glue to stick false nails, and others. The e-commerce platform also offered various discounts and rewards on such products to lure customers to spend on beauty and nail products. This, in turn, managed to keep the market's growth gradual during the pandemic. Hence, the COVID-19 has a significant impact on the nail glue market.
Scope of the Global Nail Glue Market
The study categorizes the nail glue market based on product type, source, application, distribution channel, at the regional and global levels.
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By Product Type Outlook (Revenue, USD Million, 2017-2030)
Solid Color
Gradient Color
Others
By Source Outlook (Revenue, USD Million, 2017-2030)
Plant-based (Vegan)
Animal-Based
By Application Outlook (Revenue, USD Million, 2017-2030)
Residential
Commercial
By Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
Online Channel
Offline Channel
By Region Outlook (Revenue, USD Million, 2017-2030)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
The Netherlands
Norway
Czech Republic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
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The source segment accounts for the highest CAGR in the market
On the source basis, the adoption of plant-based vegan products has increased drastically among all segments at the global level. Hence, the vegan segment accounted for the major market share in 2021 and is estimated to showcase the highest CAGR compared to animal-based. Further, growing government or NGO initiatives to prevent animal cruelty for fashion purposes will also propel the adoption of plant-based products. This, in turn, fuels the demand for plant-based nail glue in forthcoming years.
Regional Analysis of Nail Glue Market
On a regional basis, North America has accounted for the highest market share in 2021 due to the presence of major market players across the region, adopting various strategies to lure potential customers to the market. Followed by Europe, Europe is a fashion hub and thus, possesses huge potential for the market's growth.
However, Asia-Pacific is estimated for the highest CAGR during the forecasting period. The growth is attributed to the emerging entertainment and fashion industry across the region, coupled with growing nail art trends across the region, which will pave the way for the market's growth in upcoming years.
Key Market Players in the Global Nail Glue Market
Key players operating in the nail glue market adopt various key strategies such as agreements, acquisitions, partnerships, and expansion to strengthen their market positions and gain major market share. The nail glue market is highly concentrated in nature.
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Major players in the global nail glue market are:
KDS Organic
KISS
NYK1
Nailtiques
IBD
Nailene
Mia Secret
5 Second
ECBASKET
Nanpao Resins Chemical Group
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