Artificial Nails on Personal Grooming By Forecast ( 2023-2032 )
Artificial Nails Market Outlook
Artificial Nails Market is poised for substantial growth, with a projected growth rate of 4.85% from 2022 to 2030, aiming to reach a valuation of USD 2.23 billion by 2030. Emerging as a popular category within personal grooming and styling, artificial nails or fake nails have become a go-to accessory for enhancing the appearance of fingernails and toenails. These products offer consumers the opportunity to experiment with diverse nail art looks, contributing to their widespread adoption globally. Manufacturers have responded to the demand for versatility by introducing a variety of artificial nail products with different characteristics and forms, allowing users to explore various designs, shapes, and colors.
The global artificial nails market is segmented based on type, distribution channel, and region. In terms of type, the market is categorized into wrap, press-on, and others. The press-on segment is anticipated to lead in both market share and growth during the forecast period. Press-on artificial nails offer a convenient and cost-effective solution, making them preferable to other forms of nail art or manicures. They save time and energy by eliminating the need for frequent maintenance. The market showcases a wide array of press-on artificial nails with manufacturers continually introducing new products that offer long-lasting results while causing minimal nail brittleness.
Regarding distribution channels, the global artificial nails market is divided into store-based and non-store-based. The store-based segment includes supermarkets, hypermarkets, specialty stores, and others. The store-based segment is expected to hold the larger market share due to the widespread availability of artificial nails in supermarkets and hypermarkets. Consumers often prefer store-based channels for the convenience of a one-stop shopping experience. However, the non-store-based segment, particularly through e-commerce platforms, is projected to witness a higher compound annual growth rate (CAGR) during the assessment period, driven by the increasing sales of personal care products online.
Regionally, North America is anticipated to dominate the global artificial nails market share. The region's high disposable incomes empower consumers to invest in high-quality personal grooming products, aligning with changing fashion trends. Meanwhile, the Asia-Pacific region is poised to experience the fastest growth, fueled by the availability of affordable artificial nail products in various varieties. The growing popularity of salons in the region further contributes to an increased demand for artificial nails.
Key players in the global artificial nails market include Hand & Nail Harmony Inc, Anise Cosmetics LLC, Intercontinental Nail Products Manufacturer, Beauty 21 Cosmetics, Inc., Dashing Diva, KISS Products, Inc., KM Nail Manufacturer, Sheba Nails Inc., Parfums de Coeur, Ltd., Nailene, Static Nails, Young Nails Inc, Naio Nails, Ardell Lashes & Beauty, and Marmalade Cosmetics, LLC. These industry players play a crucial role in shaping the market landscape through product innovation, strategic initiatives, and market expansion efforts.
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