The global nail care market size was USD 13.11 Billion in 2021 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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Market Dynamics:

The global Nail Care market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 pandemic. Rapid revenue growth is attributed to factors such as rising disposable income, improvements in standard of living, and increasing preference for organic food and plant based food products. Moreover, rising health conscious population, increasing preference for online shopping and doorstep deliveries and growing inclination of veganism in several countries across the globe and increasing focus on developing novel products to cater to consumer demand are other factors expected to support market growth going ahead.

Competitive Landscape:

The research report offers details about leading companies in the global Nail Care market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market

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Major Companies:

• 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.

Market Segmentation:

The report also sheds light on the market segmentation based on type, application and region:

Nail Care Market Segmentation based on Product Types:

• Nail Polish
• Nail Polish Remover
• Nail Primers
• Nail Extensions
• Manicure Products
• Pedicure Products
• Others

Nail Care Market Segmentation based on Distribution Channel:

• Supermarkets/Hypermarkets
• Beauty Stores
• Pharmacies
• Online Platform
• Others

Nail Care Market Segmentation based on End-use:

• Men
• Women

Nail Care Market Segmentation based on Price Range:

• Premium
• Medium
• Economy

Nail Care Market Segmentation based on Regions:

North America

o          U.S.

o          Canada

o          Mexico

• Europe

o          Germany

o          U.K.

o          France

o          Italy

o          Spain

o          Benelux

o          Rest of Europe

• Asia Pacific

o          China

o          India

o          Japan

o          South Korea

o          Rest of Asia Pacific

• Latin America

o          Brazil

o          Rest of Latin America

• Middle East Africa

o          Saudi Arabia

o          UAE

o          South Africa

o          Rest of Middle East Africa

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