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UV Nail Gel Market worth $147.98 million by 2030, growing at a CAGR of 5.81% - Exclusive Report by 360iResearch
UV Nail Gel Market | 360iResearch
The Global UV Nail Gel Market to grow from USD 99.65 million in 2023 to USD 147.98 million by 2030, at a CAGR of 5.81%.
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UV nail gel is a type of nail enhancement product that requires curing under ultraviolet (UV) light to harden its texture. UV nail gels undergo a chemical process known as curing when exposed to UV light. This process transforms the gel into a hard, durable coating over the natural nail, artificial nail extensions, or nail tips. UV nail gels are levered for their longevity, glossy finish, and resistance to chipping and smudging. Growth in the UV nail gel market is primarily driven by factors such as the rising emphasis on personal grooming and aesthetics, innovations in UV technology making nail gels more accessible and safer, and a surge in disposable incomes enabling consumers to spend on beauty services. The influence of social media and evolving fashion trends are pivotal in shaping consumer demand. However, the growth of UV nail gel faces concerns over UV exposure and its potential health risks, limited durability compared to traditional acrylic nails, and the professional expertise required for the application of UV nail gels. However, key players are exploring innovations in material sciences to improve the safety and performance features. Other key areas of development include developing more health-conscious formulations with minimal to no adverse effects, improving the ease of application to boost the home-use segment, and integrating sustainable practices in production and packaging.
The U.S. and Canada lead the market in the Americas, characterized by high consumer spending on beauty and personal care products. In the U.S., demand for UV nail gels is driven by their durability and the appeal of at-home manicure kits. Canadian consumers prioritize health-conscious formulations, pushing brands toward safer, non-toxic nail gel options. Innovative subscription services and eCommerce platforms have enhanced product accessibility, further stimulating market growth in this region. Asia-Pacific presents significant growth opportunities, majorly fueled by countries such as China, Japan, and India. The market for UV nail gel in India, China, Japan, and South Korea is booming owing to increasing disposable incomes and a growing beauty-conscious demographic. The latest trend in China reveals a preference for longer-lasting, faster-curing formulas. Japan focuses on product innovation, with companies investing in bio-compatible gels and UV lamps with reduced skin exposure risks. India is witnessing an upsurge in professional salon services, with younger consumers driving demand for high-quality, branded UV nail gels. In Europe, environmental sustainability and product safety are vital to consumers, pushing manufacturers toward green formulations and packaging. The EU countries are observing a surge in vegan and cruelty-free nail products. The Middle East market is characterized by luxury beauty trends, with high demand for premium, imported brands.
Market Segmentation & Coverage:
This research report categorizes the UV Nail Gel Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Gel Type, market is studied across Hard Gel and Soft Gel. The Soft Gel is further studied across UV Nail Gel Base Coat, UV Nail Gel Polish, and UV Nail Gel Top Coat. The Soft Gel commanded largest market share of 60.10% in 2023, followed by Hard Gel.
Based on Chemistry, market is studied across Acrylate and Methacrylate. The Methacrylate commanded largest market share of 59.03% in 2023, followed by Acrylate.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Hypermarket, Specialty Store, and Superstore. The Online is further studied across Company Owned Websites and E-commerce Websites. The Offline commanded largest market share of 75.31% in 2023, followed by Online.
Based on Application, market is studied across Commercial/Salons and Personal. The Commercial/Salons commanded largest market share of 83.62% in 2023, followed by Personal.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.31% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the UV Nail Gel Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the UV Nail Gel Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the UV Nail Gel Market, highlighting leading vendors and their innovative profiles. These include Alessandro International GmbH, Armbruster Associates Inc., BORN PRETTY, Chemence, Inc., CNC International B.V., Cosbeauty Co Ltd, CosFab GmbH, Coty Inc., Crystal Nails USA, Divage Fashion Srl, Faces Canada, GLAM Nails, Izabelle Hammon Limited, Keystone Industries, Light Elegance, L'OREAL S.A., McConnell Labs, Inc., Modelones, MOROVAN, Nail Alliance - North America, Inc., Nykaa E-Retail Private Limited, ORLY International, Inc., P&D UNITED COSMETICS CO., LTD, Plum Goodness, Revlon, Inc., Semilac UK, Sheba Nails, Swiss Beauty, United Beauty Products Limited, and Wella International Operations Switzerland Sàrl.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. UV Nail Gel Market, by Gel Type
7. UV Nail Gel Market, by Chemistry
8. UV Nail Gel Market, by Distribution Channel
9. UV Nail Gel Market, by Application
10. Americas UV Nail Gel Market
11. Asia-Pacific UV Nail Gel Market
12. Europe, Middle East & Africa UV Nail Gel Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the UV Nail Gel Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the UV Nail Gel Market?
3. What is the competitive strategic window for opportunities in the UV Nail Gel Market?
4. What are the technology trends and regulatory frameworks in the UV Nail Gel Market?
5. What is the market share of the leading vendors in the UV Nail Gel Market?
6. What modes and strategic moves are considered suitable for entering the UV Nail Gel Market?
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