The global Nail Care Market size was USD 13.11 Billion in 2022 and is expected to register a revenue CAGR of 8.5% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is expected to be driven by increasing number of beauticians and beauty salons.
Increasing number of beauty and nail salons has encouraged females to try various nail care products and techniques such as manicures and pedicures. Majority of women population is extremely reliant on beauticians and salons for their makeup and nail services, such as nail art and nail extensions, to match the outfit for any occasion. Most salons have both makeup artists and nail care experts who usually recommend different types of procedures to clients. In addition, many beauty salons offer attractive discounts as a part of their customer loyalty program, which further increases number of women visiting their salons. Furthermore, availability of various nail art style as well as home visit services options that follow healthy working conditions is expected to drive revenue growth of the market.
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Global Nail Care Market Synopsis:
Revenue of the global consumer goods industry is expected to grow at a significant rate over the forecast period owing to various factors. Surge in global population, fast-paced globalization, rising demand for consumer goods, and increasing adoption of advanced technologies such as the IoT (Internet of Things), robotics, and 3D printing by manufacturers are among the key factors prompting industry revenue growth. Significantly changing consumer tastes and preferences, introduction of eco-friendly and sustainable product packaging solutions, growing demand for organic food products and ingredients, and increasing investments in FMCG logistics infrastructure development are other major factors accounting for the revenue growth of the consumer goods industry.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Top Companies Profiled in the Report:
- Bio Sculpture,
- American International Industries,
- Barielle,
- Colorbar Cosmetics Pvt. Ltd,
- L'Oréal Group,
- Fiabila,
- Henkel AG Co.
- KGaA,
- RPM International, Inc.,
- IL Cosmetics Group SA,
- Estée Lauder, Inc.
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Frequently Asked Questions (FAQs) Answered in the Report:
- What is the projected revenue growth rate of the global Nail Care market?
- What are the major factors driving the growth of the global Nail Care market?
- What are the imminent risks and challenges expected to restrain market growth in the coming years?
- What are the latest trends observed in the global Nail Care market?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the Nail Care market report?
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