Global Nail Care Market Surges to US$ 11.02 Billion in 2022, with Nail Polish Segment Dominating

18.09.2023: Nail Care Market Report Scope and Research Methodology

Nail care plays a vital role in both beauty and health. It encompasses the care of toenails and fingernails, a critical aspect for maintaining hygiene and preventing painful infestations or health complications. Particularly, individuals with conditions like diabetes understand the importance of proper nail care, as foot infections can lead to severe health issues.

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What are Nail Care Market Dynamics?

Fashion Trends and Beauty Awareness: Constantly evolving fashion trends and heightened beauty awareness drive the demand for nail care products. Consumers seek products that strengthen, smooth, moisturize, and enhance the beauty of their nails to align with fashion trends and personal care.

Time-Saving and Durable Products: In today's fast-paced world, consumers seek nail care products that save time and offer lasting benefits, reducing the need for frequent salon visits. Such products are especially sought after in emerging markets, catering to busy schedules.

Rising Demand for Vegan Nail Care: The surge in popularity of vegan and cruelty-free beauty products extends to the nail care industry. Brands are responding to the demand for non-abusive, vegan nail cosmetics, aligning with consumer preferences for ethical and sustainable products.

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What is Nail Care Market Segmentation?

Dominance of Nail Polish: In 2022, the Nail Polish segment dominated the market with a 45% share. Nail-centric fashion culture, a wide range of nail colors, and the introduction of nail gel products have driven this segment's growth.

Nail Polish Remover on the Rise: Nail polish remover is expected to grow at a CAGR of 7% during the forecast period, driven by increasing nail polish usage and diverse color options.

Distribution Channels: Offline channels, including salons and stores, accounted for 75% of the market share in 2022. Meanwhile, online channels are expected to grow at a CAGR of 4% through the forecast period.

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Who are Nail Care Market Key Players?

1. Coty
2. Este Lauder Companies
3. Shiseido Company
4. Estée Lauder Companies Inc.
5. L'Oreal SA
6. Shiseido Company Limited
7. Procter & Gamble Co.
8. Avon Products, Inc.
9. Chanel
10. Revlon, Inc.
11. LVMH Moët Hennessy Louis Vuitton S.E.
12. Colorbar Cosmetics Private Limited
13. Hindustan Unilever Ltd.
14. Amway
15. Oriflame
16. hina Glaz

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Table of content for the Nail Care Market includes:

Part 01: Executive Summary

Part 02: Scope of the Nail Care Market Report

Part 03: Global Nail Care Market Landscape

Part 04: Global Nail Care Market Sizing

Part 05: Global Nail Care Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

Asia Pacific: This region dominated the market with a 40% share in 2022, driven by bold colors, special effects, and the popularity of manicures and nail jewelry. China and India are significant players in the Asia Pacific Nail Care Market.

North America: Anticipated to grow at a CAGR of 4% through the forecast period, North America is experiencing growth in nail treatments and nail spa services, contributing to the overall market expansion.

The Nail Care Market is poised for further growth, with innovative products and consumer awareness driving the industry. Market players are adapting to these trends to meet the evolving demands of consumers.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)

Past Pricing and price curve by region (2018 to 2022)

Market Size, Share, Size & Forecast by different segment | 2023-2029

Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region

Market Segmentation - A detailed analysis by Product

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

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