rtificial Nails Market Growth and Global Expansion by Size, Share, Segmentation, and Global Forecast (2030)"
Global Artificial Nails Market Overview
The global artificial nails market is expected to grow at a CAGR of 4.85% from 2023 to 2030, reaching a value of USD 2.23 billion by 2030. This growth is being driven by a number of factors, including the growing popularity of nail art, the increasing demand for long-lasting manicures, and the rising disposable income of consumers.
Artificial nails are a type of nail enhancement that is applied over the natural nail. They can be made from a variety of materials, including acrylic, gel, and resin. Artificial nails can be used to lengthen, strengthen, and shape the natural nail. They can also be used to create a variety of nail art designs.
The global artificial nails market is segmented by type, distribution channel, and region.
- By type, the market is segmented into acrylic nails, gel nails, and resin nails.
- By distribution channel, the market is segmented into store-based and non-store-based.
- By region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
The North American region is expected to be the largest market for artificial nails during the forecast period. This is due to the high disposable income of consumers in the region, as well as the growing popularity of nail art.
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The Asia-Pacific region is expected to be the fastest-growing market for artificial nails during the forecast period. This is due to the rising disposable income of consumers in the region, as well as the increasing demand for long-lasting manicures.
The key players in the artificial nails market include: OPI Products Inc., Essie, Sally Hansen, Revlon, and L'Oréal.
The artificial nails market is expected to continue to grow in the coming years, driven by the factors mentioned above. However, the high cost of artificial nails and the increasing competition from other types of nail enhancements may dampen the market growth over the review period.
Overall, the artificial nails market is a promising market with a bright future. The growing popularity of nail art, coupled with the increasing demand for long-lasting manicures, is expected to drive the market growth in the coming years.
In addition to the factors mentioned in the article, here are some other trends that are expected to impact the artificial nails market in the coming years:
- The increasing demand for natural-looking artificial nails is expected to drive demand for more translucent and flexible artificial nail products.
- The growing popularity of social media is expected to increase the demand for artificial nails, as consumers are increasingly using social media to share their nail art designs.
- The increasing awareness of the health risks of artificial nails is expected to drive demand for more natural and hypoallergenic artificial nail products.
Read More: https://www.marketresearchfuture.com/reports/artificial-nails-market-8202
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