NEW YORK, March 24, 2023 /PRNewswire/ -- The nail care products market is estimated to grow by USD 6,775.51 million from 2022 to 2027. The market will progress at a CAGR of 5.01% during the forecast period. The rising adoption of home salon services is a key trend influencing the growth of the nail care products market. The number of vendors offering app-based salon services providing at-home grooming services has increased over the last decade. There are various salon service providers in the market that offers customized grooming services at home. For instance, in India, Housejoy offers at-home salon services, such as nail care, overall grooming, and spa services. Such at-home grooming services accelerate the volume consumption of the nail care products like nail polish removers, nail massage creams, and new nail polish shades. Hence, the rising adoption of home salon services with personalized grooming services is expected to support the growth of the market during the forecast period.
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Major Challenge hindering the market growth -
The availability of counterfeit nail care products is a major challenge that may impede the nail care products market growth. The existence of counterfeit nail care products in distinct categories, such as nail polishes, nail polish removers, artificial nails and accessories, and other nail accessories affects the sales volume of genuine brands and causes health concerns. It is also difficult to differentiate counterfeit products from genuine brands. Hence, counterfeit products sold at low prices to attract price-sensitive customers affect the pricing strategies of major market players.
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Nail Care Products Market - Segmentation Analysis
The nail care products market report is segmented by product (nail polish, nail accessories and implements, nail polish remover, nail strengthener, and others), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The market share growth by the nail polish segment will be significant for market growth during the forecast period. Consumers prefer quick-dry features in gel-like polishes and long-wear nail lacquers including colors like creamy blue, soft red, royal dark teal, milk chocolate, and glossy fuchsia, Manufacturers launch different collections on a seasonal basis and focus on glossy and long-lasting nail paints, and vendors who offer trendy nail polish colors and shades are expected to register higher sales compared to their counterparts. Hence, such product offerings are expected to increase the sales of nail care products during the forecast period.
Geographic Overview -
APAC is estimated to account for 42% of the global market growth during the forecast period. The region has some of the top brands such as Shiseido Co. Ltd., The Estee Lauder Co. Inc., LOreal SA, and Revlon Inc., which have a considerable presence in various countries of the region. Nail art and the use of artificial nails and accessories are trends that further attracted many vendors to this region. Hence. the growing demand for new and improved products is also expected to fuel the growth of the nail care products market in APAC during the forecast period.
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Some Companies mentioned with their offerings
- American International Industries
- Amorepacific Corp.
- Amway Corp.
- Beiersdorf AG
- Brandloft Ltd.
- CHANEL Ltd.
- Coty Inc.
- Edgewell Personal Care Co.
- LOreal SA
- LVMH Moet Hennessy Louis Vuitton SE
- Nails.INC Ltd.
- Natura and Co Holding SA
- Olive and June LLC
- Oriflame Holding AG
- Revlon Inc.
- Shiseido Co. Ltd.
- The Estee Lauder Co. Inc.
- Unilever PLC
- The Procter and Gamble Co.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Vendor Offerings -
- American International Industries - The company offers french mani kits, pro manicure kits, cuticle removers, and file kits.
- Amorepacific Corp. - The company offers AmorePacific Verite 5 Skin Care and nail Trial Kit.
- Amway Corp. - The company offers nail colors under the brand called Attitude.
- For more vendors and their offerings - Request a Sample Report!
What are the key data covered in this Nail Care Products Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the nail care products market between 2023 and 2027
- Precise estimation of the size of the nail care products market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the nail care products market across North America, Europe, APAC, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of nail care products market vendors
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Related Reports:
The UV nail gel market has the potential to grow by USD 25.00 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.38%. The growing need for sustainable UV nail gels has resulted in the development of UV nail gels made from organic or bio-based materials.
The artificial nails market size is expected to increase by USD 265.25 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.59%. The growing adoption of nail art is notably driving the artificial nails market growth.
Nail Care Products Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.01% |
Market growth 2023-2027 |
USD 6,775.51 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.95 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 42% |
Key countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
American International Industries, Amorepacific Corp., Amway Corp., Beiersdorf AG, Brandloft Ltd., CHANEL Ltd., Coty Inc., Edgewell Personal Care Co., LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Nails.INC Ltd., Natura and Co Holding SA, Olive and June LLC, Oriflame Holding AG, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., Unilever PLC, and The Procter and Gamble Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse through Technavio's Consumer Staples Market Reports
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 Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- 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 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ 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 nail care products market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global nail care products market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ 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 Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Nail polish - Market size and forecast 2022-2027
- Exhibit 34: Chart on Nail polish - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Nail polish - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Nail polish - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Nail polish - Year-over-year growth 2022-2027 (%)
- 6.4 Nail accessories and implements - Market size and forecast 2022-2027
- Exhibit 38: Chart on Nail accessories and implements - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Nail accessories and implements - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Nail accessories and implements - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Nail accessories and implements - Year-over-year growth 2022-2027 (%)
- 6.5 Nail polish remover - Market size and forecast 2022-2027
- Exhibit 42: Chart on Nail polish remover - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Nail polish remover - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Nail polish remover - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Nail polish remover - Year-over-year growth 2022-2027 (%)
- 6.6 Nail strengthener - Market size and forecast 2022-2027
- Exhibit 46: Chart on Nail strengthener - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Nail strengthener - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Nail strengthener - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Nail strengthener - 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 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ 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 Product
- Exhibit 54: Market opportunity by Product ($ million)
- Exhibit 55: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 56: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 58: Chart on Comparison by Distribution Channel
- Exhibit 59: Data Table on Comparison by Distribution Channel
- 7.3 Offline - Market size and forecast 2022-2027
- Exhibit 60: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 7.4 Online - Market size and forecast 2022-2027
- Exhibit 64: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 68: Market opportunity by Distribution Channel ($ million)
- Exhibit 69: Data Table on Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 American International Industries
- Exhibit 123: American International Industries - Overview
- Exhibit 124: American International Industries - Product / Service
- Exhibit 125: American International Industries - Key offerings
- 12.4 Amorepacific Corp.
- Exhibit 126: Amorepacific Corp. - Overview
- Exhibit 127: Amorepacific Corp. - Business segments
- Exhibit 128: Amorepacific Corp. - Key offerings
- Exhibit 129: Amorepacific Corp. - Segment focus
- 12.5 Amway Corp.
- Exhibit 130: Amway Corp. - Overview
- Exhibit 131: Amway Corp. - Product / Service
- Exhibit 132: Amway Corp. - Key news
- Exhibit 133: Amway Corp. - Key offerings
- 12.6 CHANEL Ltd.
- Exhibit 134: CHANEL Ltd. - Overview
- Exhibit 135: CHANEL Ltd. - Business segments
- Exhibit 136: CHANEL Ltd. - Key offerings
- Exhibit 137: CHANEL Ltd. - Segment focus
- 12.7 Coty Inc.
- Exhibit 138: Coty Inc. - Overview
- Exhibit 139: Coty Inc. - Business segments
- Exhibit 140: Coty Inc. - Key offerings
- Exhibit 141: Coty Inc. - Segment focus
- 12.8 Edgewell Personal Care Co.
- Exhibit 142: Edgewell Personal Care Co. - Overview
- Exhibit 143: Edgewell Personal Care Co. - Business segments
- Exhibit 144: Edgewell Personal Care Co. - Key offerings
- Exhibit 145: Edgewell Personal Care Co. - Segment focus
- 12.9 LOreal SA
- Exhibit 146: LOreal SA - Overview
- Exhibit 147: LOreal SA - Business segments
- Exhibit 148: LOreal SA - Key news
- Exhibit 149: LOreal SA - Key offerings
- Exhibit 150: LOreal SA - Segment focus
- 12.10 LVMH Moet Hennessy Louis Vuitton SE
- Exhibit 151: LVMH Moet Hennessy Louis Vuitton SE - Overview
- Exhibit 152: LVMH Moet Hennessy Louis Vuitton SE - Business segments
- Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Key news
- Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
- Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
- 12.11 Natura and Co Holding SA
- Exhibit 156: Natura and Co Holding SA - Overview
- Exhibit 157: Natura and Co Holding SA - Business segments
- Exhibit 158: Natura and Co Holding SA - Key offerings
- Exhibit 159: Natura and Co Holding SA - Segment focus
- 12.12 Oriflame Holding AG
- Exhibit 160: Oriflame Holding AG - Overview
- Exhibit 161: Oriflame Holding AG - Business segments
- Exhibit 162: Oriflame Holding AG - Key offerings
- Exhibit 163: Oriflame Holding AG - Segment focus
- 12.13 Revlon Inc.
- Exhibit 164: Revlon Inc. - Overview
- Exhibit 165: Revlon Inc. - Business segments
- Exhibit 166: Revlon Inc. - Key offerings
- Exhibit 167: Revlon Inc. - Segment focus
- 12.14 Shiseido Co. Ltd.
- Exhibit 168: Shiseido Co. Ltd. - Overview
- Exhibit 169: Shiseido Co. Ltd. - Product / Service
- Exhibit 170: Shiseido Co. Ltd. - Key offerings
- 12.15 The Estee Lauder Co. Inc.
- Exhibit 171: The Estee Lauder Co. Inc. - Overview
- Exhibit 172: The Estee Lauder Co. Inc. - Product / Service
- Exhibit 173: The Estee Lauder Co. Inc. - Key offerings
- 12.16 The Procter and Gamble Co.
- Exhibit 174: The Procter and Gamble Co. - Overview
- Exhibit 175: The Procter and Gamble Co. - Business segments
- Exhibit 176: The Procter and Gamble Co. - Key news
- Exhibit 177: The Procter and Gamble Co. - Key offerings
- Exhibit 178: The Procter and Gamble Co. - Segment focus
- 12.17 Unilever PLC
- Exhibit 179: Unilever PLC - Overview
- Exhibit 180: Unilever PLC - Business segments
- Exhibit 181: Unilever PLC - Key news
- Exhibit 182: Unilever PLC - Key offerings
- Exhibit 183: Unilever PLC - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources
- 13.5 List of abbreviations
- Exhibit 190: List of abbreviations
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