Authored By: Sarah
15 Nov 2023

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.

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 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.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5.35%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 820.67 Mn through 2023-2027.

     
  3. What is a key factor driving this market?
    Growing emphasis on aesthetic appeal will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and Middle East, and Africa are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    45% growth will originate from APAC

     
  6. What are the market segments covered in this report?
    The market is segmented by End-user (Cosmetics, Inks, Automotive, Plastics, and Others), Application (Fingernail, Plastisol production, Textile printing inks, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
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