The latest research study released by HTF MI on Nail Polish Market with 123+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, sales, drivers, opportunities, market viewpoint and status. The market Study is segmented by key a region that is accelerating the marketization. Nail Polish study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
“According to HTF Market Intelligence, the Nail Polish market size is estimated to reach by USD 26.7 Billion at a CAGR of 6.6% by 2030. The report includes historic market data from 2019 to 2023. The Current market value is pegged at USD 18.2 Billion.”
Key Players in This Report Include:
Coty Inc. (United States), L’Oreal SA (France), Revlon Inc. (United States), Estée Lauder Companies Inc. (United States), Shiseido Company, Limited (Japan), Kao Corporation (Japan), Amorepacific Corporation (South Korea), Chanel SA (France), Oriflame Holding AG (Switzerland), Mary Kay Inc. (United States), PPG Industries, Inc. (United States)
Get ready to identify the pros and cons of the regulatory framework, local reforms, and its impact on the industry. Know how Leaders in Nail Polish are keeping themselves one step forward with our latest survey analysis
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Definition:
The nail polish market refers to the segment of the beauty and cosmetic industry dedicated to the production, distribution, and sale of nail polishes, lacquers, and related nail care products. Nail polish is a cosmetic product applied to the fingernails or toenails to enhance their appearance, add color, or provide a protective coating. Nail polishes come in various forms, including traditional liquid polish, gel polish, powder dip systems, nail wraps, and other innovative formulations. Nail polish formulations may differ based on the inclusion or exclusion of certain ingredients like formaldehyde, toluene, and dibutyl phthalate (commonly known as the “3-Free” or “5-Free” formulations), catering to consumers looking for safer and more natural options.
Market Trends:
- Consumers are increasingly seeking nail polish products formulated without potentially harmful chemicals like formaldehyde, toluene, and dibutyl phthalate. Brands offering “clean” or “5-Free” formulations are gaining popularity.
- There’s a growing trend towards eco-friendly and sustainable nail polish products, including vegan formulations, cruelty-free options, and brands focusing on reducing environmental impact through recyclable or biodegradable packaging.
- Nail art trends, including intricate designs, patterns, textures, and unique finishes (such as matte, holographic, or chrome), continue to drive consumer interest, prompting brands to innovate in their product offerings.
Market Drivers:
- Nail care and beauty routines are an integral part of self-care practices, driving consistent demand for nail polish products as consumers seek to express themselves and enhance their appearance.
- Social media platforms, beauty influencers, and nail artists play a significant role in setting trends, showcasing new colors, designs, and techniques, influencing consumer purchasing decisions.
- The increased emphasis on at-home beauty routines, particularly during times of limited access to salons and spas, drives the demand for DIY nail care products and tools.
Market Opportunities:
- The increasing popularity of online shopping and the rise of direct-to-consumer sales channels present opportunities for brands to reach a wider audience and engage directly with consumers through e-commerce platforms and social media.
- Offering customizable options for nail polish colors, finishes, or kits, as well as providing tools for at-home nail art, presents opportunities to engage consumers interested in personalized beauty experiences.
Major Highlights of the Nail Polish Market report released by HTF MI
Global Nail Polish Market Breakdown by Application (Personal Care, Commercial) by Type (Base coat, Top coat, Gel, Regular) by Shade (Glitter, Creme, Lustre, Frost, Matte, Others) by Sales Channel (Online, Offline) by Class (Economy, Luxury, Premium) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Nail Polish market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa(South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America(United States, Mexico & Canada)
- South America(Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe(Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific(Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- To carefully analyse and forecast the size of the Nail Polish market by value and volume.
- To estimate the market shares of major segments of the Nail Polish
- To showcase the development of the Nail Polish market in different parts of the world.
- To analyse and study micro-markets in terms of their contributions to the Nail Polish market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Nail Polish
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Nail Polish market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Points Covered in Table of Content of Global Nail Polish Market:
Nail Polish Market Study Coverage:
• It includes major manufacturers, emerging player’s growth story, and major business segments of Nail Polish market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Nail Polish Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Nail Polish Market Production by Region Nail Polish Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Nail Polish Market Report:
• Nail Polish Overview, Definition and Classification Market drivers and barriers
• Nail Polish Market Competition by Manufacturers
• Nail Polish Capacity, Production, Revenue (Value) by Region (2024-2030)
• Nail Polish Supply (Production), Consumption, Export, Import by Region (2024-2030)
• Nail Polish Production, Revenue (Value), Price Trend by Type {Review Management, Identity Monitoring, Search Engine Suppression, Internet Removal}
• Nail Polish Market Analysis by Application {SMEs, Large Enterprises}
• Nail Polish Manufacturers Profiles/Analysis Nail Polish Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered:
Market Factor Analysis: In this economic slowdown, the impact on various industries is huge. Moreover, the increase in demand & supply gap as a result of the sluggish supply chain and the production line has made the market worth observing. It also discusses technological, regulatory, and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.
Market Concentration: Includes C4 Index, HHI, Comparative Nail Polish Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
Market Entropy: Randomness of the market highlighting aggressive steps that players are taking to overcome the current scenario. Development activity and steps like expansions, technological advancement, M&A, joint ventures, and launches are highlighted here.
Patent Analysis: Comparison of patents issued by each player per year.
Peer Analysis: An evaluation of players by financial metrics such as EBITDA, Net Profit, Gross Margin, Total Revenue, Segmented Market Share, Assets, etc to understand management effectiveness, operation, and liquidity status.
Actual Numbers & In-Depth Analysis of Global Nail Polish Market Size Estimation and Trends Available in Full Version of the Report.
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