Global Nail Polish Market 2023-2027
The nail polish market is forecasted to grow by USD 3,623.95 mn during 2022-2027, accelerating at a CAGR of 4.46% during the forecast period. The report on the nail polish market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by consumer engagement on social media, expansion of nail polish distribution network, and frequent product launches by nail polish vendors.
Technavio's nail polish market is segmented as below:
By Distribution Channel
- Specialty stores
- Hypermarkets and supermarkets
- E-commerce
By Product
- Regular nail polish
- Gel nail polish
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increased online sales of nail polish as one of the prime reasons driving the nail polish market growth during the next few years. Also, robust growth of beauty and salon services industry and increasing collaboration with celebrities will lead to sizable demand in the market.
The report on the nail polish market covers the following areas:
- Nail polish market sizing
- Nail polish market forecast
- Nail polish market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nail polish market vendors that include Unilever PLC, The Estee Lauder Companies, Revlon Inc., Coty Inc., Wella International Operations Switzerland Sarl, cosnova GmbH, Note Cosmetics France SARL, LOreal SA, Delia Cosmetics Sp. z o. o, FIABILA SAS , Shiseido Co. Ltd., American International Industries, Cosmetic Industries Inc., Chanel Ltd., Nykaa Fashion Pvt. Ltd., Oriflame Cosmetics S.A., Lotus Herbals Pvt. Ltd., Colorbar Cosmetics Pvt. Ltd., Faces Canada, and Christian Dior SE. Also, the nail polish market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.