Global Nail Care Products Market Size - Industry Trends & Forecast Report 2027 - PDF document

Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 Global Nail Care Products Market Size - Industry Trends & Forecast Report 202 7 Global Nail Care Products Market, By Product Ty pe (Nail Polish, Nail Accessories and Implements, Nail Strengtheners, Artificial nails and accessories, Nail Polish Removers), Distribution Channel (Online, Retail Stores, Beauty Salons), Price Range (Premium, Economic), By Region (North America, Latin Ame rica, Europe, Asia Pacific, Middle East, and Africa) Trend Analysis, Competitive Market Share & Forecast, 2021 - 2027 . A study recently conducted by the strategic consulting and market rese arch firm BlueWeave Consulting revealed that global nail care products market was worth USD 9.8 Billion in the year 2020. According to the report, the market is estimated to grow at a CAGR of 2.3 %, earning revenue of around USD 11.5 Billion by the end of 2027. Nail care refers to the care of fingernails and toenails. The lack of proper nail care can lead to several problems, including the accumulation of bacteria and other contagious organisms under the nails. The global nail care product market is driven by the increasing popularity of eco - friendly products and global fashion trends among consumers. Additionally, healthy customer engagement via digital platforms is expected to boost the market's growth. However, the market will be hindered by counterfeit nail care products, growing health awareness among consumers, and regulatory compliances pertaini ng to product composition, labeling, and packaging . View report Press release Sample report Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 Report Overview Continuous changes in fashion trends and increased awareness of beauty contribute to the growth of the nail care market. With an increase in fashion trends and fashion grooming, consumers are increasingly buying nail care products to maintain healthy, beau tiful nails . Global Nail Care Products Market Size - Industry Trends & Forecast Report 202 7 Global nail care products marke t was worth USD 9.8 Billion in 2020 and is further projected to reach USD 11.5 Billion by 2027, at a CAGR of 2.3 % during 2021 - 2027 ( forecast period). Continuous changes in fashion trends and increased awareness of beauty contribute to the growth of the nail care market. With an increase in fashion trends and fashion grooming, consumers are increasingly buying nail care products to main tain healthy, beautiful nails. However, the growth of the nail care market is restrained by the use of chemicals in nail colors, removers, and adhesives like camphor, which are dangerous to consumer health and cause nausea, headaches, etc. In response to t hese harmful effects, consumers prefer to discontinue using the product . Source: BlueWeave Consultin g Global Nail Care Products Market Overview : Nail health is one of the important aspects of beauty trends. Maintaining the nails is an important aspect of women's style. It is very important to use a fine - textured file for the nails to be shaped and free from snags. Rising fashion trends, financial i ndependence of women, and awareness of new beauty trends among young women, especially in developing countries, are the main reasons driving the nail care market. Since financial independence has made working people one of the leading segments of this mark et, the segment has experienced rapid growth . Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 Growth Driver s Availability of non - toxic solutions for nail car e Markets offer a wide variety of non - toxic nail care solutions. Many serious diseases, such as skin infections, nail brittleness, and cancer, are caused by toxic chemicals in nail care products, which is a growing concern for consumers and manufacturers alike. Therefore, people prefer natural and non - toxic nail care solutions to maintain healthy and beautiful nails. The nail care products market is driven by the introduction of a wide range of products, mainly by online retailers like Amazon.com, Rakuten commerce, and Nykaa.com. Market growth is driven by increasing consumers' disposable income, enabling them to purchase non - toxic nail care products and solutions . Growing new beauty trend s Many consumers, mostly women, are always looking for the latest beauty trends, products, and brands. A large population of young adults isn't following the brands their parents would and is increasingly turning towa rds natural nail care products, contributing to the growth of the nail care products market. Additionally, social media has become a catalyst for raising awareness among consumers about how to become beautiful. The nail care products market is driven by pe ople's desires to experiment with new beauty products based on their concerns and fashion tastes . Restrain t Nail colors, removers, adhesives, and nail gels contain chemicals like formaldehyde and camphor that can cause nausea, dizziness, and headaches for the consumer. These adverse effects lead consumers to discontinue using the products. Toxic chemicals in nail care products cause many serious diseases like skin infections, nail brittleness, and cancer, raising concerns among consumers and manufacturers. Due to this, consumers prefer to treat their nails with natural and nontoxic nail care products to maintain healthy and beautiful nails . Global Nail Care Products: Impact of COVID - 1 9 The growth of nail care products slowed right after the pandemic broke out in 2020, leading to fear among consumers, loss of business confidence, and future uncertainty. These are the reasons affecting the growth of the nail care products market. Moreover, due to nationwide lockdowns imposed by the governments of different co untries to prevent the spread of the virus, customers began to reconsider their nail - care routines. Due to this, at - home nail care solution prevailed in place of salon - quality solutions . Global Nail Care Products Market : By Product Typ e Based on product ty pes, the nail care products market is segmented into nail polish, nail accessories, nail strengthener, nail polish remover, artificial nails & accessories, and others. Since nail polish is available in various colors and textures, this segment accounts for the largest market revenue share. The segment is expected to dominate the global nail care products market even during the forecast period. Additionally. one can also find a wide selection of nail colors at various prices, ranging from very low to very hi gh, which provides consumers Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 with a wide array of choices. Several fashion trends are also observed among young consumers in the global nail care market, including nail art and nail extension, which is likely to drive the market during the forecast period . Global Nail Care Products Market : By Distribution Channe l Based on distribution channels, the global nail care market is segmented into Online, Retail Stores, and Nail Salons. One of the fastest - growing segments in the nail care market is the growing numb er of nails salons. People find the nail salons more reliable for Nail care as they have skilled professionals. However, the growth of the online segment in the nail care market is also accelerating with technological advances. Additionally, social media p latforms, such as Facebook, Instagram, and other easy - to - access fashion blogs are fueling the growth of the nail care products market . Global Nail Care Products Marke t – Regional Insight s Based on the regions, the global nail care products marke t is categorized into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is likely to witness lucrative profits over the forecast period due to the presence of key players and the frequent launch of new nail care produ cts in the region. The U.S.A. is the largest contributor in the region, followed by Brazil. On the other hand, several European fashion capitals, such as Paris, Milan, and London, make Europe a popular nail care market. In addition, Asian countries, such a s India and China, are likely to experience high growth in the coming years as there is a high demand for gel nail polish and bright color nail paints in these countries. Many beauty treatments like manicure and pedicure services also increase the demand i n these regions, especially in China . Source: BlueWeave Consultin g Recent Development s  September 2021 : Clever Beauty launched green and anti - waste nail paints in partnership with French supplier Fiabila. The nail paints are entirely free of controversial ingredients and contain bio - sources of solvents, such as cotton, corn, and cassava. Baby girls as young as 3 years of age, Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 pregnant women, and breastfeeding women are said to be safe to use the formula . August 2021: OPI launched the Nature Strong nail po lish collection that features long - lasting, vibrant colors and an exceptionally high shine. According to The Vegan Society, the new line uses ingredients such as sugar cane, manioc, wheat, potatoes, and corn that are naturally vegan . Competitive Landscap e The key players in the global nail care products marke t are Revlon, L’Oreal, Channel, COTY, China Glaze, Unilever, Oriflame, PandG, Amway , Avon Products, Inc. , Colorbar Cosmetics Private Limited and other key manufacturers. Manufacturers are utilizing new formulations extensively to create innovative products. Products can be differentiated mainly based on the ingredients and colors used in their manufacture . Scope of the Report : Attribut e Detail s Years Considere d Historical data – 2017 - 202 0 Base Year – 202 0 Forecast – 2021 – 202 7 Facts Covere d Revenue in USD Billio n Market Coverag e U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Argentina, AUAE, South Africa, Saudi Arabi a Product/Service Segmentatio n By Product Type , By Distribution Channel, By Price Range , By Regio n Key Player s Key players for global nail care products marke t are Revlon, L’Oreal, Channel, COTY, China Glaze, Unilever, Oriflame, PandG, Amway , Avon Products, Inc. , Colorbar Cosmetics Private Limited and other key manufacturers . Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027  By Product Typ e o Nail Polis h o Nail Accessories and Implement s o Nail Strengthener s o Artificial nails and accessorie s o Nail Polish Remover s  By Distribution Channe l o Onlin e o Retail Store s o Beauty Salon s  By Price Rang e o Premiu m o Economic  By Regio n o North Americ a o Latin Americ a o Europ e o Asia Pacifi c o Middle Eas t o Afric a Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027 About us Blueweave Consulting offers a one - stop solution for your market intelligence needs for any service or product. You get well - researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well informe d and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk - return trade - off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavours successful. For more information, kindly visit our Website www.blueweaveconsulting.com contact us info@blueweaveconsulting.com Global Nail Care Products Market to Witness Moderate Growth: Projected growing at the CAGR of 2.3 % by 2027