Global Nail Polish Market Expected to Reach USD 15.55 billion by 2024


25-jun-19 The global nail polish market growing at a CAGR of 9.5%, according to a new report. The growing popularity of nail designs among the young population is likely to fuel the demand over the forecast period.

Nail products including enamel/varnish/lacquer is expected to be the fastest growing color cosmetics segment on account of the development of innovative textures and effects. The number of professional salons providing nail care services is increasing rapidly. New product development and collaborations between manufacturers and salons are expected to have a positive impact on market growth. The demand for liquid enamel is estimated to grow at a steady pace owing to behavioral attributes such as changing designs frequently and rising beauty awareness.

The consumption of liquid nail polish is high in Europe due to the presence of fashion capitals such as Paris, London, and Milan. In Latin America, long and polished nails have become a trend among the young girls, with Brazil being the biggest consumer owing to the thriving fashion industry. Increasing consumer disposable income, rising consciousness among women regarding their appearance, and popularity of nail art are expected to have a positive impact on demand over the next eight years.

 Further Key Findings From the Report Suggest:

• Gel polish accounted for a share of 10.1% in 2015 and is expected to witness considerable growth over the coming years owing to rising demand for long lasting nail paints

• Liquid polish segment is anticipated to grow at a CAGR of 9.4% from 2016 to 2024 due to affordability and availability of numerous colors

• Europe is expected to witness a CAGR of 9.1% from 2016 to 2024 owing to rapid expansion by industry participants in the region

• Asia Pacific is the second-fastest growing region with a CAGR of 10.2% from 2016 to 2024 owing to the presence of a large number of the youth population

• The market is highly fragmented owing to the presence of a large number of small and large manufacturers

• Product differentiation on the basis of color shades is being practiced by a large number of industry participants

Table of Contents

Chapter 1. Methodology & Scope
1.1. Research methodology
1.2. Research scope & assumptions
1.3. List of data sources

 Request a Sample Copy of This Report: https://www.radiantinsights.com/research/nail-polish-market/request-sample

Chapter 2. Executive Summary
2.1. Market snapshot

Chapter 3. Nail Polish Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Raw material trend
3.5. Technology overview
3.6. Market dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.7. Nail polish market - SWOT analysis, by factor (political & legal, economic and technological)
3.8. Industry analysis - Porter's

If you have any special requirements, please let us know and we will offer you the report as you want.

Comments

Post a Comment

Popular posts from this blog

Vegetable Wax Candle Market Latest Developments and Future Scope to 2024

Synopsis Global Vegetable Wax Candle Market estimated to grow at a higher CAGR by the completion of the prediction period. Growth in the worries regarding environment and stress on the fitness of the humans is the most important reasons motivating the usage of vegetable waxes in most important industrialized procedures. Vegetable waxes are naturally happening materials, which do not comprise contaminants producing threats to the health. Growth in the prices of paraffin waxes is furthermore boosting the usage of natural waxes in maximum businesses. Natural waxes can be consumed in a number of arenas for example fruit surface coatings, paper surface coatings, foods, cosmetics, medicines, polymer processing, candles, polishes, and inks. Chemical configuration of maximum natural wax comprises triglycerides, stearic acid, palmitic acid and oleic acid. Vegetable waxes are utilized in most important industrialized procedures that comprise sunflower, Candelilla wax, soya wax, carnauba wax a...
Read more

Baby Body Lotion Market Outlook 2015

The Global Baby Body Lotion Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Baby Body Lotion industry. Request a Sample Copy of This Report:   https://www.radiantinsights.com/research/global-baby-body-lotion-industry-2015-market-research-report/request-sample The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.The Baby Body Lotion market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players providing information such as company profiles, product pi...
Read more

Commercial Refrigeration Equipment Market Future Growth By In Depth Analysis, Size, Trends And Forecast

 The global Commercial Refrigeration Equipment Market is estimated to touch US$ 52.52 billion by the completion of the prediction period. The market was appreciated at US$ 31.0 billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing demand for wrapped foodstuff and liquid refreshment by means of greater development in hospitality business has headed toward important development of the business. Additionally, growing tendency concerning customer eating out and constant development of retail chains throughout the world comprising the Asia Pacific and Europe are backing the general development of the business. The commercial refrigeration equipment market on the source of Type of Application could span Foodstuff & Liquid refreshment Retail, Foodstuff & Liquid refreshment Production, Foodstuff & Liquid refreshment Circulation, Foodstuff Service. The subdivision of foodstuff services is estimated to observe an im...
Read more