Nails have become the fashion-statement for the young generation, especially for women. The rising affordability of consumers and the increasing beauty consciousness of the female population, owing to the changing lifestyle and consumer awareness, are the dynamic factors propelling the nail care market. According to a recently published report by IndustryARC, the nail care market stood at $4.2 billion during 2018 and is estimated to rise at a CAGR of 6.10% during 2019-2025.
The IndustryARC report titled: “Nail care Market: By Nail Colors (Liquid Nail Color, Gel Nail Color, & Others), By Nail Treatment (Manicure, Pedicure) & By Geography – Forecast (2019-2025)” comprises of the detail analysis of the competitive landscape, market drivers, operating depth analysis, future prospects, price trend analysis, consumer buying behavior, production life cycle, new product launches, mergers and acquisitions, market life cycle analysis, supply and demand analysis of the global nail care market.
Nail Care Market: Leading Segments
Nail color products such nail enamel, gel paints etc., occupy a major share in the nail care market and are projected to rise at a CAGR of 5.90% during the forecast period. Staying updated with the nail art fashion is a growing trend among women. The innovations in the product packaging are gaining traction in the sales of nail color products and such advances in the nail color products are driving the demand in the nail care market.
In 2018, North America is identified as a global leader and occupies a share of 38% in the global nail care market. Its growth in North America is attributed to the emerging nail care treatments of the population in that region. U.S nail care users are concerned about nail health which is fueling the demand for natural nail color products and nail treatments. The growth of the nail treatments, and natural & reduced-chemical nail polishes are boosting the nail care market in North America.
Nail care Market: Disruptive Trends
· With nail care being the common grooming routine, a lot of women are willing to invest their money to get nail extensions and nail arts to enhance their appearance. The trends in nail art designs are quite popular among teenagers and these trends are enhancing the growth of nail care products.
· Recent launches of fashion collections are influencing the millennials. These collections innovate the nail-art and nail color trends which are followed by the young generation. Thus, the new releases by fashion collections or brands influences the demand of nail care market.
· The Color cosmetics industry is always in demand. Giant players of the nail color industry are working with new color variants, while the young brands are leading the innovations in the industry. Along with that, smart companies of the nail color market are focusing on the listening tools, through which they receive the feedback from the consumer. These innovations are attracting consumers in the nail color industry. Hence, the innovations of nail color industry are boosting the growth of nail care market.
Nail care Market: Competitive Landscape
At present, Procter & Gamble Co., Revlon, Inc., Shiseido Company, Limited, Kao Corporation, L’Oreal SA, Avon Products, Inc., and The Estée Lauder Companies Inc. are some of the major players of the global nail care market.
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A. Beauty And Personal Care Products Market
B. Color Cosmetics Market
What can you expect from the report?
The Nail Care Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Nail Care Market Size by Product Categories & Application
2. Nail Care Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Nail Care Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Nail Care Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Nail Care Market Strategic Analysis
18. Nail Care Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Nail Care Market Revenue and Volume Analysis
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