Press release
The Global Nail Salon Market, valued at USD 11.86 Bn in 2022, is expected to reach USD 20.19 Bn by 2029, growing at a CAGR of 7.9 Percent during the forecast period.
Nail Salon Market Report Scope and Research Methodology:The Nail Salon Market report provides a comprehensive analysis of market drivers, restraints, trends, and growth opportunities. It includes a detailed examination of the market's current potential and regional insights. The report also highlights the research methodology used to gather accurate and reliable market data. Key players in the market are profiled, and their strategies, competitive landscape, and market positioning are analyzed to guide businesses and investors.
The Nail Salon Market report employs a research methodology that ensures accurate and reliable market data. Primary and secondary research methods, including interviews with industry experts and analysis of reputable sources, are used to gather information and insights. The report provides a detailed analysis of market drivers, restraints, trends, and opportunities based on the gathered data.
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What are Nail Salon Market Dynamics:
The Nail Salon Market is driven by the growing influence of social media platforms, such as Instagram and Pinterest, and fashion trends. Nail artists and fashion influencers showcase unique designs and inspire trends, driving customer interest and demand for professional nail services. Nail salons that stay updated with the latest trends and offer trendy designs attract customers and experience growth. Additionally, there is an increasing emphasis on personal grooming and self-care, leading to a growing demand for salon professional services to achieve and maintain healthy, attractive nails. The increasing disposable income, expansion of the men's grooming industry, and rising purchasing power further contribute to market growth.
The nail salon market is highly competitive, with numerous salons vying for customer attention. The presence of multiple establishments in close proximity leads to price wars and diminished profit margins. To differentiate from competitors and attract a loyal customer base, nail salons must offer unique services and experiences. Additionally, running a nail salon incurs various costs, such as rent, utilities, supplies, and wages, which impact profitability. Factors like skilled labor shortage, regulatory compliance, online nail care solutions, economic volatility, and changing consumer preferences and trends in the beauty industry pose challenges to market growth.
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Nail Salon Market Regional Insights:
Asia Pacific dominates the Nail Salon Market and is expected to sustain its position during the forecast period. The region's growth is influenced by increasing popularity of Westernized culture, substantial population growth, growth of working women, rising disposable incomes, fashion-conscious population, and the influence of K-beauty trends. Nail art and customization are particularly popular in Asia Pacific, with a strong focus on intricate designs and unique finishes. Europe and North America also exhibit significant market growth, driven by factors such as digital and social media influence, demand for natural and organic beauty products, and the popularity of nail art and innovative nail techniques.
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What is Nail Salon Market Segmentation:
By Age Group:
Below 18 Year
19 to 26 Year
27 to 40 Year
Above 40 years
By Service:
Manicure
Pedicure
Nail Extensions
Nail Art
By End User:
Women
Men
By Location:
Type Standalone Salons
Salon Chains
Spa and Wellness Centres
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Who are Nail Salon Market Key Players:
1. Revive Nails & Massage Therapy
2. Alluring Nails & Tanning
3. Milano Nail Spa The Height
4. Soho Beauty & Nail Boutique
5. J and J Nails & Spa
6. Hana Nail
7. Shian Nails
8. Nailaholics
9. LOTUS NAILBAR & SPA
10. ZAZAZOO Nail Salon
11. Regis Corporation
12. LVMH Moët Hennessy Louis Vuitton SE
13. Estée Lauder Companies Inc.
14. Sally Beauty Holdings, Inc.
15. Jin Soon Choi
16. Nail Alliance
17. Nail Harmony
18. OPI Products, Inc.
19. CND (Creative Nail Design)
20. Essie
21. Bio Sculpture Gel
22. NAILS INC.
23. Venús Nails
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Table of content for the Nail Salon Market includes:
1. Global Nail Salon: Research Methodology
2. Global Nail Salon Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Nail Salon Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Global Nail Salon Market Segmentation
• Global Market, by Age Group (2022-2029)
• Global Market, by Service (2022-2029)
• Global Market, by End User (2022-2029)
• Global Market, by Location Type (2022-2029)
1. Regional Nail Salon Market (2022-2029)
• Regional Market, by Age Group (2022-2029)
• Regional Market, by Service (2022-2029)
• Regional Market, by End User (2022-2029)
• Regional Market, by Location Type (2022-2029)
• Regional Market, by Country (2022-2029)
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Age Group, Service, End User and Location Type
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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