Nail Salon Market Growth: Global Market Expected to Reach USD 22.18 Billion by 2029, Growing at a CAGR of 8.1%

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐅𝐥𝐨𝐮𝐫𝐢𝐬𝐡: 𝐀 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

The global Nail Salon Market is witnessing significant growth, propelled by increasing consumer demand for beauty and personal grooming services. As per recent market reports, the market is projected to grow at a CAGR of 5.1% from 2023 to 2029, reaching a market size of USD 28.14 Billion by 2029. The rising disposable income, awareness about personal grooming, and the increasing influence of social media are among the key drivers of this growth.

In this press release, we provide a detailed analysis of the Nail Salon Market, emphasizing country-specific trends, mergers and acquisitions, and recent developments that are shaping the market. The report also delves into the latest market dynamics, key players, and the growth trajectory of this thriving industry.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The Nail Salon Market has evolved significantly, with North America, Europe, and Asia-Pacific regions leading in terms of demand and growth potential. The rise in disposable income and the growing trend of beauty and wellness are expected to continue driving the market's expansion.

With global market dynamics favoring nail salon services, countries like Vietnam, Thailand, Japan, South Korea, and Singapore are poised for substantial market growth, presenting a wide range of opportunities for businesses to expand their operations. This press release highlights key developments, trends, and opportunities in these regions, providing a detailed insight into their market status.

𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐧𝐨𝐰 : https://www.maximizemarketresearch.com/request-sample/195476/

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's nail salon industry is experiencing robust growth, driven by the increasing trend of beauty-consciousness among both men and women. With a CAGR of 6.2%, the market is projected to see a sharp increase in demand for professional nail care services in the coming years.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

In Vietnam, nail salons are growing rapidly, particularly in major urban centers like Ho Chi Minh City and Hanoi. The younger generation, particularly millennials, are driving demand for diverse nail services such as gel nails, nail art, and luxury manicures. Furthermore, the rising popularity of social media platforms like Instagram and TikTok has significantly influenced the beauty trends, thereby boosting market growth.

Key Developments in Vietnam:

The country's nail salon market has seen an influx of international brands offering premium nail services in an attempt to cater to the rising demand for high-quality treatments. Companies like L'Oreal and Sally Hansen have significantly increased their presence in the country, contributing to market expansion.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand has emerged as a significant market for nail salons, primarily driven by a growing middle-class population and increasing tourism. The nail care industry in Thailand is expected to grow at a CAGR of 5.5% over the next six years.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand's nail salon sector is expanding as consumers are becoming more engaged in self-care and beauty routines. The demand for nail art and advanced treatments, such as acrylic nails and gel polish, is on the rise. This is especially true in tourist-heavy cities such as Bangkok and Phuket, where the combination of locals and tourists fuels the growth of luxury nail care services.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

In terms of consolidation, Thai Nail Art brands are joining forces with international beauty influencers and expanding into the spa sector to diversify their offerings. Recent mergers have seen Bangkok Nail Salon merge with Sally's Beauty Supply, allowing them to enhance service offerings and expand their footprint across the region.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan, with its rich cultural emphasis on aesthetics and beauty, is witnessing a steady growth rate of 4.8% CAGR in the nail salon market. The demand for high-quality, detailed nail care services is growing, particularly among the urban middle class.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

In Japan, advanced nail art and nail technology are becoming integral to personal grooming. The trend toward more elaborate, intricate designs has driven the demand for specialized nail care products. Japanese consumers are also favoring sustainable and eco-friendly nail products, which are projected to lead the market in the near future.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Japan-based companies such as Dashing Diva are expanding their operations with the introduction of innovative products like UV gel nails and 3D nail art. In terms of mergers, Shiseido recently acquired Japan Nails to offer an integrated solution of beauty and wellness treatments.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's nail salon market is experiencing dynamic growth fueled by the K-beauty wave. As beauty standards evolve globally, South Korean trends have a significant impact on the international nail care market. The country's market is projected to grow at 6.0% CAGR from 2023 to 2029.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea's rising middle class and increased urbanization are contributing to the expansion of nail salons. Celebrity endorsements and the growing importance of beauty trends on social media platforms like Instagram have led to a surge in demand for intricate and creative nail designs.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korean nail salon chains, such as Jelly Nails, have partnered with global beauty influencers to create exclusive nail art collections. In addition, South Korean salon brands have merged with global cosmetic companies to integrate both nail care and skincare services, enhancing their market position.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐭𝐨𝐝𝐚𝐲 : https://www.maximizemarketresearch.com/request-sample/195476/

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore, a global beauty hub, is seeing a steady demand for luxury nail care services. The city-state's affluent population and growing tourism sector contribute to the consistent growth of nail salons, with a projected CAGR of 5.3%.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

In Singapore, nail salons are growing at an accelerated pace, particularly in the high-end luxury market. Innovative nail services, including biogel nails, airbrush nail art, and 3D nail art, are gaining popularity. Additionally, wellness trends are pushing the demand for eco-friendly products.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Several high-profile mergers and acquisitions have taken place in Singapore, with nail care brands partnering with wellness resorts and premium spa services. Companies such as Sally Hansen and O.P.I. are collaborating with local nail salons to enhance their offerings and cater to the growing demand for luxury nail care.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The U.S. nail salon market is one of the largest and most developed globally, with strong growth prospects. It is projected to grow at a CAGR of 4.5%, driven by technological advancements and consumer demand for high-quality, personalized services.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒.:

In the U.S., the nail salon market is being influenced by the increasing popularity of gel manicures, nail art, and luxury nail care services. Nail salons offering organic and vegan nail products are seeing increased demand, driven by the growing awareness of health and wellness.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒.:

Major players such as Regal Nails have merged with international beauty companies to expand their reach. Additionally, there have been several partnerships between tech companies and salons to offer AI-powered personalized nail services.

𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

The European nail salon market is expected to grow at a CAGR of 4.0% from 2023 to 2029, with countries like the UK, France, and Germany leading the way.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

In Europe, the growing middle-class population and an increased emphasis on beauty treatments are driving the nail salon industry. There is also a significant shift towards eco-conscious beauty practices, with a demand for sustainable and organic nail products.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

European salons have seen increased mergers between local chains and global brands to integrate luxury spa services with nail treatments. Companies like Essie and CND are expanding their offerings through strategic acquisitions.

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐤𝐞𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 :

𝐛𝐲 𝐀𝐠𝐞 𝐆𝐫𝐨𝐮𝐩

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

With a 48% market share in 2023, the 19-20 year old age group held the greatest share of the nail salon market and is anticipated to hold onto that position throughout the forecast period. Customers in this age range can be seen at social gatherings, weddings, parties, and other occasions. Customers can choose from a variety of services at the nail salon, including manicures, pedicures, and nail extensions. It is anticipated that all of these variables will propel market segment expansion. Younger clients, for instance, are more drawn to bright colors and innovative nail art. However, traditional and understated nail designs are preferred by senior clients. It is anticipated that targeting particular age groups with services and marketing initiatives will have an impact on market expansion.

𝐛𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞

Manicure

Pedicure
Nail Extensions
Nail Art

In 2023, the worldwide nail salon market share was dominated by the manicure service category. The benefits of manicures and pedicures draw clients since they pamper the hands and feet and work as a revitalizing treatment for the head and body. A growing demand for manicure services among individuals is anticipated to support the market's segment expansion, and many people are enjoying the pampering experience. Services like basic nail care, nail art, customisation, nail enhancements, spa, and wellbeing are included in this category.

𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫

Women

Men

The women's category, which accounted for the biggest share of the nail salon market in 2023, is anticipated to increase at a compound annual growth rate (CAGR) during the course of the forecast period. The frequency with which women attend nail salons extends beyond the straightforward offering of nail services and includes a whole experience centered on rest and self-care. Although historically dominated by female clients, men are increasingly requesting nail salon services, which has resulted in the development of niche services tailored to their requirements.

𝐛𝐲 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐲𝐩𝐞

Standalone Salons

Salon Chains
Spa and Wellness Centres

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 : @https://www.maximizemarketresearch.com/market-report/nail-salon-market/195476/

𝐋𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 :

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)

𝐆𝐞𝐭 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐭𝐨 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐒𝐚𝐥𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 :

What is Nail Salon ?
What is the growth rate of the Nail Salon Market?
Which are the factors expected to drive the Nail Salon market growth?
What is the CAGR at which the Nail Salon market will grow during the forecast period?
What are the different segments of the Nail Salon Market?
Which is the fastest growing region in the Nail Salon market?
What growth strategies are the players considering to increase their presence in Nail Salon ?
What are the upcoming opportunities and trends for the Nail Salon Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Nail Salon Market?
Who are the leading companies and what are their portfolios in Nail Salon Market?
What segments are covered in the Nail Salon Market?
Who are the key players in the Nail Salon market?

𝐆𝐚𝐢𝐧 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/195476/

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬.

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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♦ Infant Formula Market https://www.maximizemarketresearch.com/market-report/infant-formula-market/124801/

♦ Industrial Hemp Market https://www.maximizemarketresearch.com/market-report/global-industrial-hemp-market/33440/

♦ Global Gaming Market https://www.maximizemarketresearch.com/market-report/global-gaming-market/44697/

♦ US Artificial Intelligence (AI) Market https://www.maximizemarketresearch.com/market-report/us-artificial-intelligence-ai-market/11352/

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