Acrylic Powder Market size to grow by USD 820.67 million from 2022 to 2027|Growing emphasis on aesthetic appeal to be a major growth driver - Technavio

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- The latest report on the acrylic powder market estimates registers an incremental growth of USD 820.67 million from 2022 to 2027. The market is estimated to grow at a CAGR of 5.35% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

The growing emphasis on aesthetic appeal notably drives the market growth. consumers increasingly focus on the latest fashion products in order to achieve fashionable looks. Artificial nails are false nails that are used as a fashion accessory that is layered over natural nails.  These false nails aids in lengthening short nails, giving the appearance of longer, leaner fingers. It is possible to trim, file, and paint artificial nails. As acrylic nails are significantly more attractive than natural nails, they have many advantages, like providing consistency in length and shape. They also offer a wide range of decoration options. Hence, the growing emphasis on aesthetic appeal is one of the major drivers which is expected to drive the growth of the global acrylic powder market during the forecast period. 

Acrylic Powder Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

• Acrylic Powder Market 2023-2027 Size
• Acrylic Powder Market 2023-2027 Trends
• Acrylic Powder Market 2023-2027 Industry Analysis

Acrylic Powder Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Akzo Nobel NV, Arkema Group, Asian Paints Ltd., Axalta Coating Systems LLC., BASF SE, Berger Paints India Ltd., Brillux GmbH and Co. KG, Chemilac Paints Pvt Ltd, DIC Corp., Dow Chemical Co., Makevale Group, Jesons Industries Ltd, Jotun AS, The Karnak Corp., KM Nail Manufacturer, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sika AG, The Sherwin Williams Co., and PPG Industries Inc. are among some of the major market participants.

Vendor Offerings

• Akzo Nobel NV - The company offers acrylic powder such as beige CAH3T34698, white CAW2C40654, and white CAW3C48014.
• Arkema Group - The company offers acrylic powder for superabsorbents, plastic materials, flocculants, paints, and coatings.
• Asian Paints Ltd. - The company offers acrylic powder such as Asian paints Trucare acrylic putty which provides a very strong, and durable foundation.

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Acrylic Powder Market 2023-2027: Market Dynamics

Major Trends

The growing e-commerce industry and global trade are emerging market trends influencing the growth. The expansion has had a profound impact on businesses and consumers worldwide, as these trends have revolutionized the way goods and services are bought and sold. They also helped in opening up new opportunities for growth, convenience, and market access. Consumers prefer the convenience offered by e-commerce, where they are able to browse and buy products from all over the world in a couple of clicks.

Nail salon and spa products also experience the convenience factor through global trade. It is leading to the growing use of Internet shopping as an attractive option for consumers. Furthermore, advancements in logistics and shipping have made it easier and more cost-effective for businesses to transport products worldwide, which facilitates global trade and expanding market reach. Hence, factors like the growing e-commerce industry and global trade are the growing trends that are expected to drive the growth of the global acrylic powder market during the forecast period.

Key Challenges

The several health and safety concerns associated with the use of acrylic powder challenge the growth of the acrylic powder market. The potential for allergic reactions as well as the risk of chemical sensitization are the major concerns. Chemical sensitization may develop in people who become more and more sensitive or immunocompromised to these substances due to long or repeated exposure to acrylic powders and related chemicals. Proper ventilation systems in nail salons and the use of personal protective equipment, such as masks, are crucial in minimizing inhalation exposure.

However, there can be nail damage as a result of incorrect application or removal techniques. Also, in order to reduce the risk of nail damage, nail technicians must perform appropriate techniques and individuals should consult with professional help for application or removal of acrylic powder. Hence, such factors challenge the growth of the acrylic powder market during the forecast period.

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Acrylic Powder Market 2023-2027: Segmentation

Acrylic Powder Market is segmented as below:

• End-user 
• Cosmetics
• Inks
• Automotive
• Plastics
• Others
• Application 
• Fingernail
• Plastisol Production
• Textile Printing Inks
• Others
• Geography 
• APAC
• North America
• Europe
• South America
• Middle East And Africa

The market share growth by the cosmetics segment will be significant for market growth during the forecast period. Acrylic powder is extensively used in the formulation of various cosmetic products, which contributes to their performance and aesthetic appeal. The production of foundations majorly uses acrylic powders because they enhance the texture and consistency of foundation formulas, ensuring smooth and even application on the skin. Additionally, acrylic powder contributes to the smooth application and blend-ability of these products, as well as ensuring that the color payoff is consistent and buildable. Hence, such factors boost the segment growth, which, in turn, boosts the entire market growth during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027)  – Download a Sample Report

Acrylic Powder Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist acrylic powder market growth during the next five years
• Estimation of the acrylic powder market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the acrylic powder market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of acrylic powder market, vendors

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The artificial nails market size is estimated to grow at a CAGR of 6.04% between 2022 and 2027. The market size is forecast to increase by USD 303.92 million. This artificial nails market report extensively covers market segmentation by type (acrylic nails, gel nails, and others), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing adoption of nail art is notably driving the market growth.

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global acrylic powder market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global acrylic powder market 2017 - 2021 (USD million)

• 4.2 End-user Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 (USD million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 (USD million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Cosmetics - Market size and forecast 2022-2027
• Exhibit 34: Chart on Cosmetics - Market size and forecast 2022-2027 (USD million)
• Exhibit 35: Data Table on Cosmetics - Market size and forecast 2022-2027 (USD million)
• Exhibit 36: Chart on Cosmetics - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Cosmetics - Year-over-year growth 2022-2027 (%)

• 6.4 Inks - Market size and forecast 2022-2027
• Exhibit 38: Chart on Inks - Market size and forecast 2022-2027 (USD million)
• Exhibit 39: Data Table on Inks - Market size and forecast 2022-2027 (USD million)
• Exhibit 40: Chart on Inks - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Inks - Year-over-year growth 2022-2027 (%)

• 6.5 Automotive - Market size and forecast 2022-2027
• Exhibit 42: Chart on Automotive - Market size and forecast 2022-2027 (USD million)
• Exhibit 43: Data Table on Automotive - Market size and forecast 2022-2027 (USD million)
• Exhibit 44: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.6 Plastics - Market size and forecast 2022-2027
• Exhibit 46: Chart on Plastics - Market size and forecast 2022-2027 (USD million)
• Exhibit 47: Data Table on Plastics - Market size and forecast 2022-2027 (USD million)
• Exhibit 48: Chart on Plastics - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Plastics - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user (USD million)
• Exhibit 55: Data Table on Market opportunity by End-user (USD million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 56: Chart on Application - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 58: Chart on Comparison by Application
• Exhibit 59: Data Table on Comparison by Application

• 7.3 Fingernail - Market size and forecast 2022-2027
• Exhibit 60: Chart on Fingernail - Market size and forecast 2022-2027 (USD million)
• Exhibit 61: Data Table on Fingernail - Market size and forecast 2022-2027 (USD million)
• Exhibit 62: Chart on Fingernail - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Fingernail - Year-over-year growth 2022-2027 (%)

• 7.4 Plastisol production - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Plastisol production - Market size and forecast 2022-2027 (USD million)
• Exhibit 65: Data Table on Plastisol production - Market size and forecast 2022-2027 (USD million)
• Exhibit 66: Chart on Plastisol production - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Plastisol production - Year-over-year growth 2022-2027 (%)

• 7.5 Textile printing inks - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Textile printing inks - Market size and forecast 2022-2027 (USD million)
• Exhibit 69: Data Table on Textile printing inks - Market size and forecast 2022-2027 (USD million)
• Exhibit 70: Chart on Textile printing inks - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Textile printing inks - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 72: Chart on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 76: Market opportunity by Application (USD million)
• Exhibit 77: Data Table on Market opportunity by Application (USD million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 79: Chart on Market share by geography 2022-2027 (%)
• Exhibit 80: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 81: Chart on Geographic comparison
• Exhibit 82: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 87: Chart on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 91: Chart on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 92: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 93: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 95: Chart on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 (USD million)
• Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 (USD million)
• Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 119: Chart on UK - Market size and forecast 2022-2027 (USD million)
• Exhibit 120: Data Table on UK - Market size and forecast 2022-2027 (USD million)
• Exhibit 121: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 122: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 123: Market opportunity by geography (USD million)
• Exhibit 124: Data Tables on Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 125: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 126: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 127: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 128: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 129: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 130: Matrix on vendor position and classification

• 12.3 Akzo Nobel NV 
• Exhibit 131: Akzo Nobel NV - Overview
• Exhibit 132: Akzo Nobel NV - Business segments
• Exhibit 133: Akzo Nobel NV - Key news
• Exhibit 134: Akzo Nobel NV - Key offerings
• Exhibit 135: Akzo Nobel NV - Segment focus

• 12.4 Arkema Group 
• Exhibit 136: Arkema Group - Overview
• Exhibit 137: Arkema Group - Business segments
• Exhibit 138: Arkema Group - Key news
• Exhibit 139: Arkema Group - Key offerings
• Exhibit 140: Arkema Group - Segment focus

• 12.5 Asian Paints Ltd. 
• Exhibit 141: Asian Paints Ltd. - Overview
• Exhibit 142: Asian Paints Ltd. - Business segments
• Exhibit 143: Asian Paints Ltd. - Key offerings
• Exhibit 144: Asian Paints Ltd. - Segment focus

• 12.6 Axalta Coating Systems LLC. 
• Exhibit 145: Axalta Coating Systems LLC. - Overview
• Exhibit 146: Axalta Coating Systems LLC. - Business segments
• Exhibit 147: Axalta Coating Systems LLC. - Key offerings
• Exhibit 148: Axalta Coating Systems LLC. - Segment focus

• 12.7 BASF SE 
• Exhibit 149: BASF SE - Overview
• Exhibit 150: BASF SE - Business segments
• Exhibit 151: BASF SE - Key news
• Exhibit 152: BASF SE - Key offerings
• Exhibit 153: BASF SE - Segment focus

• 12.8 Berger Paints India Ltd. 
• Exhibit 154: Berger Paints India Ltd. - Overview
• Exhibit 155: Berger Paints India Ltd. - Product / Service
• Exhibit 156: Berger Paints India Ltd. - Key offerings

• 12.9 Brillux GmbH and Co. KG 
• Exhibit 157: Brillux GmbH and Co. KG - Overview
• Exhibit 158: Brillux GmbH and Co. KG - Product / Service
• Exhibit 159: Brillux GmbH and Co. KG - Key offerings

• 12.10 Chemilac Paints Pvt Ltd 
• Exhibit 160: Chemilac Paints Pvt Ltd - Overview
• Exhibit 161: Chemilac Paints Pvt Ltd - Product / Service
• Exhibit 162: Chemilac Paints Pvt Ltd - Key offerings

• 12.11 Jesons Industries Ltd 
• Exhibit 163: Jesons Industries Ltd - Overview
• Exhibit 164: Jesons Industries Ltd - Product / Service
• Exhibit 165: Jesons Industries Ltd - Key offerings

• 12.12 Jotun AS 
• Exhibit 166: Jotun AS - Overview
• Exhibit 167: Jotun AS - Business segments
• Exhibit 168: Jotun AS - Key offerings
• Exhibit 169: Jotun AS - Segment focus

• 12.13 Nippon Paint Holdings Co. Ltd. 
• Exhibit 170: Nippon Paint Holdings Co. Ltd. - Overview
• Exhibit 171: Nippon Paint Holdings Co. Ltd. - Business segments
• Exhibit 172: Nippon Paint Holdings Co. Ltd. - Key offerings
• Exhibit 173: Nippon Paint Holdings Co. Ltd. - Segment focus

• 12.14 PPG Industries Inc. 
• Exhibit 174: PPG Industries Inc. - Overview
• Exhibit 175: PPG Industries Inc. - Business segments
• Exhibit 176: PPG Industries Inc. - Key offerings
• Exhibit 177: PPG Industries Inc. - Segment focus

• 12.15 RPM International Inc. 
• Exhibit 178: RPM International Inc. - Overview
• Exhibit 179: RPM International Inc. - Business segments
• Exhibit 180: RPM International Inc. - Key offerings
• Exhibit 181: RPM International Inc. - Segment focus

• 12.16 Sika AG 
• Exhibit 182: Sika AG - Overview
• Exhibit 183: Sika AG - Business segments
• Exhibit 184: Sika AG - Key news
• Exhibit 185: Sika AG - Key offerings
• Exhibit 186: Sika AG - Segment focus

• 12.17 The Karnak Corp. 
• Exhibit 187: The Karnak Corp. - Overview
• Exhibit 188: The Karnak Corp. - Product / Service
• Exhibit 189: The Karnak Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 190: Inclusions checklist
• Exhibit 191: Exclusions checklist

• 13.3 Currency conversion rates for USUSD
• Exhibit 192: Currency conversion rates for USUSD

• 13.4 Research methodology 
• Exhibit 193: Research methodology
• Exhibit 194: Validation techniques employed for market sizing
• Exhibit 195: Information sources

• 13.5 List of abbreviations 
• Exhibit 196: List of abbreviations

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