Global Nail Polish Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nail Polish Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nail polish is a lacquer that can be applied to the human fingers or toe nails to decorate and protect the nail plate. The formulation has been revised repeatedly to enhance its decorative effects and to suppre cracking or flaking. Nail polish consists of an organic polymer with various additives.

Market Overview:

The latest research study on the global Nail Polish market finds that the global Nail Polish market reached a value of USD 4549.16 million in 2022. It’s expected that the market will achieve USD 6491.19 million by 2028, exhibiting a CAGR of 6.1% during the forecast period.

Strength

Increase in women's population.
Increased popularity of fashion events.
Women's awareness of beauty increases.
Increase in global disposable income.

Weakness

Rising labor costs.
Low price competition.
Rising raw material prices.
Serious product homogeneity.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

OPI is one of the major players operating in the Nail Polish market, holding a share of 16.89% in 2020.

OPI Products, branded as O·P·I, is an American nail polish manufacturer headquartered in Calabasas, California and a subsidiary of Coty, Inc.

The Company offers acrylic nails, nail polishes and paints, cosmetic accessories, and consulting services. OPI Products serves customers worldwide.

Sally Hansen Inc. is an American beauty brand, first founded in 1946 by Sally Hansen herself. Launched with just two nail products, including the iconic ‘Hard As Nails’, the award-winning brand now has over 300 shades, is distributed in over 55 countries worldwide, and is the number one nail brand in the U.S.A. amongst other countries. But Sally Hansen is so much more than just nails, with products spanning 5 beauty categories: nail colour, nail care, sunless tanning, hair removal, and beauty tools.

Segmentation Overview:

Among different product types, Liquid Polish segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Individuals segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Nail Polish market covered in Chapter 3:

FIABILA
Dior
Smith & Cult
Cosmetic Industries
L’OREAL
Revlon
Deborah Lippmann
Nails Inc
Kiko
ORLY
Zoya
Boots No.7
CHANEL
ANNA SUI
Nars
Avon
OPI
Rimmel
Butter London
MISSHA
Bobbi Brown
ZOTOS ACCENT
LVMH
CoverGirl
Sally Hansen
CND

In Chapter 4 and Chapter 14.2, on the basis of types, the Nail Polish market from 2018 to 2029 is primarily split into:

Liquid nail polish
Gel nail polish

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nail Polish market from 2018 to 2029 covers:

Nail art institutions
Individuals

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)