Nail Salon Market Future Growth, Competitive Analysis and Forecast 2030

Nail Salon Market Size was valued at USD 12.86 Bn in 2023 and is expected to reach USD 22.18 Bn by 2029, at a CAGR of 8.1 %.

Nail Salon Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Nail Salon industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.

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Nail Salon Market Dynamics

Drivers of Market Growth

Social Media Influence: Platforms like Instagram and Pinterest drive trends, inspiring unique designs and driving customer interest in professional nail services. Nail salons attuned to these trends experience growth, catering to an audience keen on personal grooming and self-care.

Eco-Friendly Options: Rising environmental consciousness fuels demand for eco-friendly products. Salons offering sustainable and non-toxic alternatives witness increased traction among environmentally conscious consumers, expanding their market reach.

Expanding Consumer Base: The market diversifies, appealing to men seeking nail care and younger demographics embracing nail art as a form of self-expression. This widened customer base offers new growth avenues for the nail salon industry.

Market Restraints

Competitive Landscape: Intense competition among numerous salons risks price wars and diminished profit margins, leading to differentiation challenges and increased operational costs.

Regulatory Hurdles: Compliance, skilled labor shortages, and evolving consumer preferences present challenges, impacting the industry's growth trajectory.

Nail Salon Market Segmentation

Nail Salon Market, by Age Group

Below 18 Year
19 to 26 Year
27 to 40 Year
Above 40 years

By Age Group: In 2023, the Nail Salon Market share of 48% belonged to the group of people aged 19 to 20, and this position is anticipated to hold during the forecast period. Customers in this age range can be seen at social gatherings, weddings, and other events. Manicures, pedicures, and nail extensions are just a few of the services that the nail salon provides to its clients. All of these elements are anticipated to fuel market segment expansion. Younger clients, for instance, are more drawn to bold colours and innovative nail art. Older clients, however, tend to like understated and classic nail art. Market expansion is anticipated to be impacted by services and marketing initiatives that are tailored to particular age groups.

Nail Salon Market, by Service

Manicure
Pedicure
Nail Extensions
Nail Art

By Service
Based on Service, the global nail salon market share in 2023 was dominated by the manicure service segment. The benefits of manicures and pedicures draw in clients because they treat hands and feet pampered and feel like a body and head refreshment treatment. Numerous individuals are relishing the pampering experience, and the growing demand for manicure services among individuals is anticipated to propel the market's segment growth. Services including spa and wellness, nail art and customisation, basic nail maintenance, and nail enhancements are included in this category.

Nail Salon Market, by End User

Women
Men

Nail Salon Market, by Location Type

Standalone Salons
Salon Chains
Spa and Wellness Centres

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Nail Salon Market Key Players

North America:
1. Regis Corporation (USA)
2. Sally Beauty Holdings, Inc. (Texas, USA)
3. OPI Products, Inc. (California, USA)
4. Essie (New York, USA)
5. Estée Lauder Companies Inc. (USA)
6. CND (Creative Nail Design) (California, USA)
7. Nail Alliance:
8. Nailaholics:
9. Bio Sculpture Gel
Europe:
1. LVMH Moët Hennessy Louis Vuitton SE (Paris, France)
2. NAILS INC. - Headquarters (United Kingdom)
3. Alluring Nails & Tanning (UK)
4. Soho Beauty & Nail Boutique (Colombia)
5. Jin Soon Choi (UK)
6. Venús Nails (Spain)
7. Milano Nail Spa The Height (Italy)
Asia Pacific:
1. Hana Nail (China)
2. LOTUS NAILBAR & SPA (Japan)
3. ZAZAZOO Nail Salon (China)

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Table of content for the Nail Salon Market includes:

Part 01: Executive Summary

Part 02: Scope of the Nail Salon Market Report

Part 03: Global Nail Salon Market Landscape

Part 04: Global Nail Salon Market Sizing

Part 05: Global Nail Salon 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

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Regional Insights:

Asia Pacific: Leads the market due to a growing Westernized culture, increased disposable incomes, and a fashion-conscious population. The region witnesses a surge in demand for high-quality nail care products and services.

Europe: Emphasizes fashion-forward designs and a keen interest in eco-friendly nail care products. The market growth is fueled by digital and social media influence and demand for natural, organic beauty products.

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