Acrylic Powder Market forecasted of USD 820.67 Mn revenue growth through 2023-2027
A compound annual growth rate of 5.35% is predicted for the acrylic powder market, with a rise of USD 820.67 million between 2022 and 2027.
Senior Analyst Technavio Quoted ~ "One major driver of the market's expansion is the increased focus on aesthetic attractiveness."
Navigating through the market drivers it has been observed that: As the value of aesthetic appeal rises, the global market for acrylic powder is expanding. Consumers are emphasizing the upkeep of manicured nails in order to attain fashionable appearances.
Leading brands Makevale Group, Jesons Industries Ltd, Jotun AS, The Karnak Corp., KM Nail Manufacturer, Sika AG, The Sherwin Williams Co., and PPG Industries Inc. are the major market participants and come with a range of options.
Snapshot of Acrylic Powder Market Analysis
Acrylic powder, a crucial ingredient recognized for its strength, clarity, and scratch resistance, makes acrylic nails easy to apply and incredibly durable. These characteristics, together with a maintenance window of ten to fifteen days, render acrylic powders a more economical option in comparison to nail paints, hence stimulating demand for nail grooming, thus propelling the growth of the acrylic powder market worldwide is the increasing focus on aesthetic appeal.
Technavio has been monitoring the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, along with competitive benchmarking. Find out more about the market dynamics, trends, and factors that are most likely to affect the market under consideration in our report's extensive study.
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