The Nail Polish Global Market Report 2023 by The Business Research Company, provides nail polish market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/nail-polish-global-market-report
According to The Business Research Company’s Nail Polish Global Market Report 2023, the market size is expected to grow from $11.57 billion in 2022 to $12.96 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the nail polish market is expected to grow to $19.67 billion in 2027 at a CAGR of 11.0%
The increasing working women population worldwide is expected to propel the growth of the nail polish market. Working women refer to a woman, who works outside the home for a living and earns a salary, wages, or other income through regular employment. Nail polishes help working women by giving them a vibrant and elegant look and perfection.
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The nail polish market is segmented:
1) By Product Type: Gel, Matte, Pearl, Other Products
2) By Distribution Channel: Supermarkets/Hypermarkets, Online Channels, Traditional Stores, Exclusive Beauty Specialist Stores, Other Channels
3) By End Use: Male, Female
Breathable technologies are a key trend in the nail polish market. Major companies operating in nail polish are developing products with breathable technologies to strengthen their position in the market. In March 2022, Orly, a UK-based nail care brand, released "Island Hopping", a summer breathable line of nail polish. It is vegan, cruelty-free, and halal-certified. The collection features six distinctive vacation colors and is the first professional treatment and color nail polish to use a brush with 600 bristles to create a formula that is permeable. The 1-step manicure uses modern oxygen technology to maintain hydration balance in the nails, encouraging nail development and extending wear.
The nail polish market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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