Global Artificial Nails Market Outlook
In the forecast period leading up to 2030, the Artificial Nails Market is expected to achieve a Compound Annual Growth Rate (CAGR) of 4.85%, reaching a substantial value of USD 2.23 billion.
The widespread popularity of the artificial nails market is currently experiencing a significant trend. Available in various types such as gel extensions and acrylic nails, this market is driven primarily by the entertainment industry. Celebrities frequently utilize artificial nails for promotions, events, or even in their daily lives, often endorsing specific artificial nail brands, thereby fueling market growth. The instantaneous desire for longer nails is a key factor contributing to the market’s expansion.
Nails have evolved into an essential fashion statement, especially for individuals with challenges in nail health and growth. Artificial nails offer a time-saving solution for those who wish to forego the lengthy process of growing and maintaining natural nails. Moreover, these products come equipped with diverse nail art tools, offering ease of application in various colours, shapes, sizes, and designs. The accelerating market is further propelled by the growing consumer preference for cosmetic products, driven by an increase in per capita income. Beauty product promotional events have gained significant traction, with substantial consumer spending on artificial nails observed in recent years. The fashion market’s exponential growth, attracting new customers, coupled with evolving market trends, contributes to the heightened demand for artificial nails. The convenient application of these products, coupled with frequent developments by industry players, is expected to drive continued market growth throughout the forecast period. For a deeper understanding, a free sample can be requested to gain more insights into this dynamic market.
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Market Segmentation
The artificial nails market can be segmented by type, distribution channel, and application.
- By type: The market is segmented into acrylic nails, gel nails, polygel nails, and others. Acrylic nails are the most popular type of artificial nails, followed by gel nails. Polygel nails are a newer type of artificial nails that are gaining popularity due to their durability and ease of application.
- By distribution channel: The market is segmented into offline and online distribution channels. Offline distribution channels include nail salons, beauty supply stores, and mass merchandisers. Online distribution channels include e-commerce websites and social media platforms.
- By application: The Artificial Nails Market is segmented into personal care and professional care. Personal care applications include artificial nails for everyday wear. Professional care applications include artificial nails for weddings, proms, and other special occasions.
Regional Analysis
North America is the largest market for artificial nails, followed by Europe and Asia Pacific. The growth of the market in North America can be attributed to the high disposable incomes of consumers and the growing popularity of nail art. The European market is growing due to the increasing awareness of fashion and beauty among consumers. The Asia Pacific market is expected to witness the fastest growth during the forecast period due to the rising disposable incomes of consumers and the growing popularity of nail art among younger generations.
Key Players
Some of the key players in the artificial nails market include:
- OPI Products
- Sally Hansen
- Essie
- CND
- ORLY
- Kiara Sky
- Kokoist
- Revel Nail
- Young Nails
- Apres Gel-X
- Beetles Gel
- Makartt
Market Trends and Opportunities
One of the key trends artificial nails market is the increasing popularity of nail art. Nail art is the application of creative designs to artificial nails. Nail art can be simple or complex, and it can be customized to match the individual’s style. The growing popularity of nail art is driving the demand for artificial nails.
Another key trend in the artificial nails market is the introduction of new products and technologies. For example, some manufacturers are now offering artificial nails that are made with sustainable materials. Other manufacturers are offering artificial nails that are infused with vitamins and minerals to promote nail health.
The growing popularity of artificial nails among men is another key trend in the market. Men are increasingly using artificial nails to improve their appearance and durability. This trend is expected to continue to drive the growth of the artificial nails market in the coming years.
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The artificial nails market is also expected to benefit from the growing popularity of social media. Social media platforms such as Instagram and TikTok are being used by nail artists to showcase their work and attract new customers. This is helping to drive awareness of artificial nails and increase demand for the product.
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