North America UV Nail Gel Market Share, Size, Trends, Industry Analysis Report, By Type (UV Nail Gel Polish, UV Nail Gel Basecoat, UV Nail Gel Top Coat); By Applications; By Distribution Channel; By Country; Segment Forecast, 2024 - 2032
The North American UV nail gel market size is expected to reach USD 60.35 Billion by 2032, according to a new study by Polaris Market Research. The report “North America UV Nail Gel Market Share, Size, Trends, Industry Analysis Report, By Type (UV Nail Gel Polish, UV Nail Gel Basecoat, UV Nail Gel Top Coat); By Applications; By Distribution Channel; By Country; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The beauty industry in North America is witnessing rapid growth in the market, driven by the increasing demand for high-quality nail art that lasts longer. This growth can be attributed to the rising popularity of nail art and extensions, which have become an integral part of fashion and beauty culture. Also, the market is being propelled by the growing number of women who desire quick and easy ways to enhance their appearance without committing to permanent solutions.
However, the market is facing a significant challenge due to concerns about the safety of these products. Some studies have raised doubts about the potential health risks associated with the use of UV nail gels, including allergic reactions, skin irritation, and even cancer. This has resulted in a decrease in consumer confidence and a shift towards safer alternatives. Furthermore, the high cost of UV nail gel equipment and the need for more skilled professionals in the field are also limiting the adoption of these products.
The North American UV nail gel market has experienced considerable growth, driven primarily by the surging popularity of gel nail extensions and enhancements. Gel nails have become a staple in the beauty industry due to their ease of application and long-lasting, high-gloss finish. The demand for UV nail gels has increased significantly as more individuals seek to achieve salon-quality nails at home using gel nail extensions and enhancements. There is intense competition in the North American UV nail gel market, with several key players vying for market share. These players are focusing on strengthening their market position through product innovation, expanding distribution channels, and forming strategic partnerships.
North America UV Nail Gel Market Report Highlights
The North American market for UV nail gel polish products witnessed a strong dominance due to an escalating demand for high-quality and long-lasting nail polishes. The growing popularity of gel polishes among professionals and at-home users played a significant role in this trend.
The growth of the market in 2023 was significantly driven by commercial applications of UV nail gels in North America. Salons and spas widely embraced UV nail gels because they offer several advantages over traditional nail polishes, including longer-lasting results, quicker drying times, and greater durability.
In 2023, the United States as the leading revenue contributor. This was attributed to the country's developed beauty and personal care industry, a growing demand for long-lasting and convenient nail art solutions, and the presence of key players in the market.
The key market players include OPI Products Inc., CND (Creative Nail Design), Artistic Nail Design (AND), Gelish, NSI (Nails Systems International), Chemence Ltd., Coty Inc, Kiara Sky, Light Elegance, ORLY International Inc., Revlon Inc., etc.
Polaris Market Research has segmented the North American UV nail gel market report based on type, application, distribution channel, and country:
North America UV Nail Gel, Type Outlook (Revenue - USD Billion, 2019 - 2032)
UV Nail Gel Polish
UV Nail Gel Basecoat
UV Nail Gel Top Coat
North America UV Nail Gel, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Commercial (Salons)
Personal
North America UV Nail Gel, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Online Retail
Offline Retail
North America UV Nail Gel, Country Outlook (Revenue - USD Billion, 2019 - 2032)
U.S.
Canada