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Nail Art Tools & Accessories Market to Witness Remarkable Growth from 2021-2031 - TMR Study
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Key Drivers of the Global Nail Art Tools & Accessories Market
Growing adoption of nail art accessories such as 3D nail art tools, nail stamping image plates, silicone stamper, nail art brush sets, and nail dotting tool sets by women, boosts the growth of the market. Younger women especially are increasingly spending on nail accessories owing to rising fashion and beauty trends. Availability of non-toxic nail care solutions is expected to accelerate the expansion of the nail art tools & accessories market.
Rising awareness among consumers regarding personal grooming and hygiene is influenced by public gatherings, corporate meetings, social visits & parties, and informal get- together where people are concerned about personal appearance. Moreover, personal hygiene is important and prevents bacterial or fungal infections. This has led to fast paced growth of the nail art tools & accessories market.
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Factor Restraining the Global Nail Art Tools & Accessories Market
Lack of awareness about skincare regimen and personal grooming in emerging countries which can restrict a consumer from buying nail art and nail care products, is a major factor that may hinder the growth of the nail art tools & accessories market.
Market in Asia Pacific to Expand Rapidly
In terms of region, the global nail art tools & accessories market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the nail art tools & accessories market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the nail art tools & accessories market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America nail art tools & accessories market is segmented into Brazil, and Rest of South America.
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North America accounted for largest share of the global nail art tools & accessories market due to the increasing awareness and preference for luxury personal care brands. Factors such as consumer knowledge and increasing awareness about skin care techniques which can be done at home and rising adoption of personal grooming products among working women are factors driving the growth of the nail art tools & accessories market in North America.
The nail art tools & accessories market in Asia Pacific is projected to expand rapidly during the forecast period due to extensive usage in countries such as China and North Korea. Consumers in this region follow intensive skincare routines including personal grooming, which drives the sale of personal care products largely. Hence, companies in the region are focused on continuous product innovation, contributing to the growth of the nail art tools & accessories market in the region.
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Key Players Operating in the Global Market
Manufacturers of nail art tools & accessories are focusing on becoming more proficient and developing advanced products which will enhance their competitive advantage and their market share globally. Improving economic conditions in developing countries is offering huge scope for beauty & skincare product manufacturers. Cost competition is a challenge for nail art tools & accessories manufacturers.
A few of the key players operating in the global nail art tools & accessories market are:
Antoine de Paris
DeEnterprises
Harperton
LeChat Nails
Nail Superstore
NailFileStore.com
Sally Beauty Supply LLC
TRIM
UFP Technologies, Inc.
Young Nails Inc.
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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers Market Analysis Reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
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