Transparency Market Research (TMR) has recently published a market report that assesses the growth opportunities of the global market for nail care. The study offers complete information on the market and how it will behave during the forecast period 2019-2027. The TMR report assists readers understand the undercurrents of the market, along with actionable insights that can help stakeholders make important business-related decisions in the coming future. TMR offers key indicator assessment to define the key growth prospects of the market, and forecasts statistics about the development of the nail care market in terms of value (US$ million) and volume (‘000 units).
High Demand from Growing Population of Women to Boost the Nail Care Market
Nail care involves maintaining toenails and fingernails, which is in great demand for health as well as cosmetic purposes. Taking good care of nail helps avoid fungal infection in the nails, the skin in the feet and hands, and painful ingrowth of toenails and fingernails. Nail care is extremely vital for people suffering from diabetes, since infections of the feet in specific can lead to various health issues. Nail treatments or procedures like manicure and pedicure help keep the nails healthy and beautiful. Furthermore, to beautify the nail consumer demanding, variety of nail color manufacturers are offering several types of nail colors such as liquid nail color, gel nail color, base coat and top coat nail color, etc. The nail color segment dominates the global nail care market, due to nail-centric fashion culture, which has transformed women’s nails into stylish accessories; therefore, a growing population of women normally use nail colors. Furthermore, nail colors are available in a wide variety of colors and types, such as metallic, shimmer, and neon. These factors are expected to drive the nail care market during the forecast period.
Source – Nail care Market
Asia Pacific to Continue to Dominate the Nail Care Market
Asia Pacific led the global nail care market in 2017, and is expected to maintain its dominance during the forecast period. The anticipated growth is ascribed to the increasing demand for innovative and new technology nail care products such as bold colors and special effects, long-lasting traditional manicure, soak-off gels, new finishes such as matte top coats, glitter polishes, and magnetic nail polish in emerging countries such as China, India, and countries in Southeast Asia. Asia Pacific is followed by North America. Key companies operating in the global nail care market are facing intense competition. In order to maintain their position in the market, players are offering free shipping and discounts on nail care products to customers. Some of the key players operating in the global nail care market include American International Industries, Barielle Ltd., California Chemical Specialties, ChromaDurlin (NV Organics), CNC International B.V., OPI Products, Inc., Creative Nail Design, Inc., Delia Cosmetics, Fiabila S.A., IL Cosmetics Group, Kirker Enterprises, Inc., and Polychromatic (Keystone Research & Pharmaceutical Inc.).
