The Nail Care Products Market is being driven by Availability of non-toxic solutions for nail care
The Nail Care Products Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6406.8 million. In the beauty industry, personalized home salon services have gained considerable traction in major markets such as North America, Europe, and APAC. Over the past decade, the proliferation of app-based salon service providers offering at-home grooming solutions has accelerated. These platforms enable consumers to effortlessly order a range of salon services, including nail care, and receive professional makeup artists at their preferred location. One notable player in this sector is Housejoy, a leading home and personal salon service provider based in India. Housejoy's extensive offerings encompass nail care, overall grooming, and spa services. To encourage repeat business, the company provides a selection of grooming and pampering packages, such as the Monthly Essential Package, Monthly Grooming Package, Tip to Toe Package, and Manicure, ensuring a frequent utilization of their services.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
227 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.4% |
Market growth 2025-2029 |
USD 6406.8 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.2 |
Key countries |
US, China, India, Germany, Japan, UK, France, Canada, South Korea, Italy, US, China, Germany, India, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Nail Care Products industry encompasses a range of offerings, including nail hardener technology, techniques for nail repair and healthy growth, antifungal treatments, strengthening ingredients, and cuticle care methods. Nail art techniques, damage repair, and growth stimulation are also popular. Product formulation optimization, packaging material testing, and regulatory compliance are essential for ensuring product quality, stability, and consumer acceptance. Nail polish durability is enhanced through advancements in nail enamel composition, while continuous improvement in nail health is a key focus.
The global personal care products market encompasses the production and R&D sectors of various items, including cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. According to Technavio, market size is determined by the consolidated revenue of manufacturers. Factors fueling market expansion include rising disposable income, which positively influences expenditures on non-essential items such as luxury and lifestyle products. Nail care products, specifically those offering nail strengthening formulas and cuticle oils infused with UV protection technology, are anticipated to experience significant growth within this market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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