Artificial Nails Market Size, Share Industry Analysis Expansion Strategies, Report by Forecast 2022-2030.
Research Reports
Oct 12, 2022
Market overview:
The artificial nail industry is expanding at a rapid pace. The growing popularity artificial nails market is immensely trending. It is widely available based on various types, such as gel extensions and acrylic nails. The major driver of the Artificial Nails Market is the entertainment industry. Celebrities usually use artificial nails during promotions and at events or daily. Celebrities even promote artificial nail brands, which are chiefly driving the market. The instant need for longer nails is aiding the market.
Nails are now a must-have fashion accessory. Artificial nails are an option for people who have poor nail health and growth. The product saves time spent on nail growth and maintenance. These also include various nail art tools. The application is simpler and less time-consuming. It also comes in various nail colours, shapes, sizes, and designs. Consumer preference for cosmetic products is driving the market forward. Per capita income has increased spending on beauty products, aiding the artificial nail market. Beauty product promotional events have become increasingly popular in recent years. In addition, consumer spending on artificial nails has skyrocketed in recent years. By attracting new customers, the fashion market is expanding exponentially. The market trends that are propelling it are increasing its demand. The ease with which artificial nails can be applied is increasing product demand. The frequent development of products by industrial players will help the market even more during the forecast period.
The artificial nail market is rapidly growing in popularity. It is widely available in various forms, including gel extensions and acrylic nails. The entertainment industry is a major driver of the Artificial Nail Market. Celebrities typically wear artificial nails during promotions, events, and daily. Celebrities even promote artificial nail brands, which are the primary market drivers. The immediate demand for longer nails is aiding the market.
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Market segmentation:
The global artificial nail industry is segmented into type, distribution channel and application.
By type:
- Press on
- Wrap
By distribution channel:
- Hypermarkets
- Supermarkets
- Speciality stores
By nails market by application
- Cosmetic manufactures
- Salons and spa
- Raw materials and distributors
- Traders, exporters, importers
Regional analysis:
Asia Pacific, Europe, and North America are the major contributors to the global artificial nail market growth. During the forecast period, Europe will maintain its dominance over other markets. Consumer spending on cosmetics will continue to drive market growth in North America. Furthermore, innovation and brand awareness will create more opportunities for future growth. The European fashion and cosmetics industries are well-known. Luxury cosmetic brands are concentrated in specific regions. Consumer purchasing power is higher in this region. The wide variety of spas and saloons necessitates a large supply of artificial nails. Manicure services in Europe are exceptional. Manicure services in Europe are exceptional. All of these factors will drive market growth during the forecast period. Asia Pacific is another important market for artificial nails. Healthy artificial nails are popular because many celebrities use them. Over the forecast period, the market will expand significantly.
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Recent Developments:
- In 2022, Sheba Nails, a global manufacturer of fingernails and nail art products based in the United States, is developing new fingernail designs in various shapes and sizes. It provides a wide range of nail products, including UV and LED Gels.
- In 2022, Young Nails Inc, a global leader in the artificial nail market, introduced a new acrylic nailing system and a hard gel system.
What is Artificial Nails Market Size?
The growth rate for the artificial nail market is 4.85%, according to the prediction. Additionally, it is anticipated that the industry will be worth 2.23 billion by 2030.
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