Global UV Nail Gel Market Size study & Forecast, by Chemistry (Acrylate, Methacrylate, Cyanoacrylate) and Regional Analysis, 2022-2029
Global UV Nail Gel Market is valued at approximately USD 49.77 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2022-2029. UV nail gels are artificial extensions worn on fingertips act as an alternative option for the acrylics. They use UV rays to cure the gel during the application. The UV Nail Gel market is expanding because of factors such as the growing nail care industry and the rising influence due to the entertainment and media industry.
As per Statista, revenue in the Nails segment amounts to USD 12.05 thousand in 2023. The market is expected to grow annually by 3.77% between 2023 to 2027. Furthermore, as of 2022, the Market size of beauty salons in the U.S reached a value of USD 53.6 billion. Another important component driving space increasing influence of the entertainment and media industry. As per Statista, in 2022, the Global influencer marketing value market was valued at a record 16.4 billion U.S. dollars. In addition, in the year of recovery from the effects of the global pandemic, the value of the media and entertainment market reached USD 2.34 trillion, experiencing a growth of 10.4 per cent compared to 2020 and expected to reach USD 2.93 trillion by the end of 2026. Also, advancements in fashion technology and constant change in Fashion trends would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of UV Nail Gel stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global UV Nail Gel Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players. According to the Statista, Revenue in the Cosmetics segment amounts to USD 0.02 million in 2023. The market is expected to grow annually by 3.74%. In global comparison, most revenue is generated in the United States USD 19,430 in 2023. Furthermore, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising fashion industry and growing awareness regarding nail care products in the market space.
Major market player included in this report are:
Creative Nail Design Inc,
Keystone Research and Pharmaceuticals Inc
OPI Products Inc
Chemence Limited
Armbruster Associates Inc
Alessandro International
Light Elegance
LW Nail Art Co. Ltd
Sheba Nail International
Crystal Nails
Recent Developments in the Market:
In February 2023, Crystal Flush Nail Renewal Formula is the solution for thick, discolored nails caused by fungal infections. Our cutting-edge formula uses True Path Technology (TPT) to soften and reduce the thickness of the nail, quickly reversing the cosmetic damage.
Global UV Nail Gel Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Chemistry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Chemistry
Acrylate
Methacrylate
Cyanoacrylate
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Creative Nail Design Inc,
Keystone Research and Pharmaceuticals Inc
OPI Products Inc
Chemence Limited
Armbruster Associates Inc
Alessandro International
Light Elegance
LW Nail Art Co. Ltd
Sheba Nail International
Crystal Nails
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