Press release
Nail Care Market 2023-2029: Trends and Transformations in Nail Beautification
Nail Care Market
In a beauty-conscious world, the Nail Care Market has emerged as a powerhouse, valued at an impressive US$ 11.02 Bn. in 2022. The market dynamics are evolving, with Nail Polish dominating the scene. This market overview explores the driving forces, challenges, and emerging trends shaping the future of nail care.
Fashion-Forward Trends Fueling Growth
Continuous shifts in fashion and a heightened awareness of beauty are propelling the nail care market. The quest for products that strengthen, smooth, moisturize, and beautify nails is on the rise. As consumers strive to keep up with ever-changing trends, there is a growing demand for innovative, time-saving, and durable nail care products.
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Nail Care Market Scope:
The research report delves deep into the analysis of trending competitors, their growth patterns, and the dynamics of the market. It offers insights into the regional and global market value and demand, enabling a better understanding of the competitive landscape and the market's potential in terms of production, demand, and supply. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, which inform marketing strategies, targeted products, offers, and customer experiences. The report utilizes Porter's analysis to determine organizations' competitive positions and improve profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services within the contextual data. SWOT analysis is employed to evaluate the internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. This report provides a comprehensive and informative overview of the Nail Care Market.
Challenges: Chemicals and Consumer Health
However, the market faces challenges due to the chemicals used in nail gels. Consumers are experiencing adverse effects such as nausea, dizziness, and headaches, hindering market growth. Overcoming this hurdle requires a focus on developing safer alternatives without compromising on product efficacy.
Nail Care Market Segmentation:
by Product
Nail polish
Nail Polish Remover
Others
In terms of product, the nail polish category held a 45% market share in 2022. a fashion culture centred around nails that transforms women's nails into fashionable accessories. The number of women who regularly use nail paint is rising. Furthermore, there are various nail colour varieties, including metallic, glitter, and neon. The most recent product to enter the nail care industry is nail gel, and demand for it is rising quickly. Throughout the projection period, these elements will continue to fuel the segment's expansion.
by Distribution Channel
Online
Offline
In terms of distribution channel, the offline segment held a 75% share in 2022 and was in the lead. Women would rather try things before purchasing them, which is possible in the offline market. Customers are drawn to an expanding number of salons, nail spas, and beauty parlours. Customers must physically be present in order for hypermarkets, supermarkets, and nail salons to have such a high penetration rate. The segment is growing as a result of several factors.
by End-User
Men
Women
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Table of Content: Nail Care Market
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
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
Nail Care Market Major 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
Regional Analysis:
The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.
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Key Questions Addressed in the Nail Care Market Report:
• What defines the Nail Care Market?
• What is the forecast period for the Nail Care Market?
• How does the competitive landscape look in the Nail Care Market?
• Which region holds the largest market share in the Nail Care Market?
• What opportunities are available in the Nail Care Market?
• What factors influence the growth of the Nail Care Market?
• Who are the key players in the Nail Care Market?
• Which company holds the largest share in the Nail Care Market?
• What will be the compound annual growth rate (CAGR) of the Nail Care Market during the forecast period?
• What key trends are expected to emerge in the Nail Care Market in the coming years?
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. 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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