The nail care products market is expected to grow at a CAGR of 5.1% until

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Newark, Nov. 08, 2022 (GLOBE NEWSWIRE) — According to The Brainy Insights, the nail care products market growing at a CAGR of 5.1% from 2022 to 2030. Increase in various trends and product launches in categories such as nail polish, false nails, creams and cuticle oil are driving the growth of the market. Nail polish held the largest segment in 2021. Consumers all over the world prefer some kind of nail color like nude, bold colors and highlights depending on the occasion. The shift in consumer preferences from synthetic to natural and organic products has compelled manufacturers of nail care products to launch an organic nail care line. In August 2021, OPI launched a vegan nail polish collection and is available for $11.50.

The growing adoption of nail polish among young men is expected to have a positive impact on the overall market growth. Nail paint trends like monochrome, diff, mix & match, glitter and holograohic have become popular among men. Moreover, acrylic nail extension is also becoming popular among celebrities and influencers.

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Nail care products like cutile cream and oil are also gaining popularity. The application of these products strengthens the nail and stimulates its growth. It also improves the appearance of the nail. These products contain vitamin E, almond oil, or any other combination of oils to help repair the nail. Some of the popular products include Essie Apricot Cuticle Oil, French Girl Organics Nail & Cuticle Oil, Burt’s Bees Lemon Butter Cuticle Cream, and Sephora’s Cuticle Care Pen.

Rising personal care spending and growing awareness of nail spas have prompted consumers to book services provided by salons and spas. Wide availability of various nail designs, extensions and shapes along with professional suggestion propel the growth of the segment. Additionally, the opening of nail salon in countries like China, India, and Thailand is expected to drive the growth of the market.

The nail care products market is very competitive with the presence of international brands and small and medium-sized companies. Most market players are turning to organic products due to the growing consumer demand for chemical-free and toxin-free nail polishes and creams. The companies are also launching an instant press on nails and a DIY manicure kit to provide more convenience to consumers.

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Key players

1. L’Oreal Group
2. Sally Hansen Inc.
3. Wella Operations US LLC
4. Clorox (Burt’s Bees)
5.Coty Inc.
6. Olive and June
7. ORLY International, Inc.
8. The Estée Lauder Companies
9. Creative Nail Design Inc.
10. Kiehl’s
11. NSI Nails
12.LCN USA
13.Revlon
14. Chinese glaze

Market segmentation

• Product information

o Artificial nails and accessories
o Nail polish
o Others

• End-use information

o Household
o Lounge & Spa

Regional outlook

o North America

 United States
 Canada
 Mexico

o Europe

 Germany
 United Kingdom
France
 Italy
 Spain

o Asia-Pacific

 China
 India
 Japan
 South Korea
 Australia

o Central and South America

 Brazil

o Middle East and Africa

 South Africa
 WATER

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About the report:

The market is analyzed on the basis of value (USD billion). All segments have been analyzed at global, regional and country level. The study includes analysis of more than 30 countries for each part. The report analyzes the drivers, opportunities, restraints and challenges to gain a critical overview of the market. The study includes Porter’s five forces model, attractiveness analysis, product analysis, supply and demand analysis, competitor position grid analysis, analysis of distribution and marketing channels.

About The Brainy Insights:

The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer needs, whether they are looking to expand or planning to launch a new product in the global market.

Contact us

Avinash D
Business Development Manager
Phone: +1-315-215-1633
E-mail: [email protected]
The Web: http://www.thebrainyinsights.com

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