Nail Care Products Market Growth Analysis, Trends by 2033
The nail care products global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Nail Care Products Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The nail care products market size has grown strongly in recent years. It will grow from $21.48 billion in 2023 to $22.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to fashion trends, health and wellness trends, social media influence, retail distribution channels, cultural shifts.
The nail care products market size is expected to see strong growth in the next few years. It will grow to $27.70 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to sustainability and eco-friendly products, digital beauty influencers, customization and personalization, rise of indie brands, innovative nail art techniques. Major trends in the forecast period include technological advancements, personalized nail care subscriptions, sustainable packaging, virtual try-on experiences, clean and non-toxic formulations.
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Scope Of Nail Care Products Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Nail Care Products Market Overview
Market Drivers –
The growing awareness of personal grooming is expected to propel the growth of the nail care products market going forward. Awareness of personal grooming refers to maintaining cleanliness and neatness in one’s appearance through regular grooming practices. Awareness of personal grooming plays a vital role in promoting the use of nail care products, as individuals prioritize well-maintained nails for overall hygiene and a polished appearance. For instance, in September 2023, according to the Bureau of Labor Statistics, a US-based fact-finding agency for the federal government, personal care products and services increased by 12.3% in 2022, which follows a large increase of 19.3% from 2021. After declining by 1.0% in 2021, personal care products grew by 15.5% in 2022. Personal care services also increased by 9.1%, particularly notable since this follows the 50.4% rise from 2021. Therefore, the growing awareness of personal grooming is driving the growth of the nail care products market.
Market Trends –
Major companies operating in the nail care products market are focusing on introducing innovative solutions, such as vegan nail product lines, to gain a competitive edge in the market. Vegan nail product lines are collections of nail care items that are entirely free from animal-derived ingredients, catering to a cruelty-free and eco-conscious consumer base. For instance, in January 2022, Colorbar Cosmetics, an India-based provider of makeup and skincare products, launched the Vegan Nail Lacquer, a new line of vegan nail products that features 128 shades. The nail lacquer is enriched with biotin and calcium and has a non-toxic, patented, 20-free formula. The entire range is 100% vegan and vegetarian, and the formula is chip-resistant, non-yellowing, and non-carcinogenic. With a double-patented design, Vegan Nail Lacquer promises a uniquely clean and green makeup experience.
The aerospace support and auxiliary equipment market covered in this report is segmented –
1) By Type: Commercial Radars, Satellites
2) By Ownership: Public, Private
3) By Platform: Airborne, Land, Naval, Space
Subsegments Covered: Continuous Waveform, Pulse Waveform, Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite
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Regional Insights –
Asia-Pacific was the largest region in the nail care products market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the nail care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major companies operating in the nail care products market are Johnson and Johnson Services Inc., Christian Dior SE, Procter & Gamble Co., Unilever PLC, L’oréal Groupe, The Estée Lauder Companies Inc, Chanel SA, Kao Corporation, Amway Corporation, Shiseido Company Limited, Coty Inc., Sally Hansen, Avon Products Inc., Cosnova Gmbh, Kiehl’s, OPI Products Inc., American International Industries, Oriflame Holding AG, BWX Limited, China Glaze, Cassina S.p.A, Orly International Inc., Creative Nail Design Inc., Olive & June Inc, NSI Nails Inc., Miniluxe Inc., Sally Hansen Inc., Essie Cosmetics, Revlon Inc.
Table of Contents
1. Executive Summary
2. Nail Care Products Market Characteristics
3. Nail Care Products Market Trends And Strategies
4. Nail Care Products Market – Macro Economic Scenario
5. Global Nail Care Products Market Size and Growth
……………….
32. Global Nail Care Products Market Competitive Benchmarking
33. Global Nail Care Products Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nail Care Products Market
35. Nail Care Products Market Future Outlook and Potential Analysis
36. Appendix
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