Dublin, Feb. 23, 2021 (GLOBE NEWSWIRE) -- The "Global Nail Care Market, By Product Type (Nail Polish, Nail Accessories, Nail Strengthener, Nail Polish Remover, Artificial Nails and Accessories, Others), By Distribution Channel Offline (Hypermarkets, Beauty Salon, Others), Online), By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Nail Care Market is anticipated to grow at a substantial rate during the forecast period owing to increasing number of professional nail service parlours and beauty salons around the globe. Growing sense of self care and inclination towards fashion & beauty among women are some key factors driving the global demand for nail care products and services. Manufacturers are also coming up with new innovative products and service centres which are expected to fuel the market growth in the coming years.
Additionally, increasing disposable income coupled with rise in number of working women is directly impacting the growth of the nail care market, globally. Women, especially youth tend to spend more on nail care. Also, the growing party culture and informal get-together is further escalating the growth of the nail care market.
The Global Nail Care Market is segmented based on product type, distribution channel and region. Based on product type, the market is segmented into nail polish, nail accessories, nail strengthener, nail polish remover, artificial nails and accessories and others. The nail polish segment held dominance in the global market and is expected to undergo fastest growth in the coming years as well. Nail polishes come in various shades and are used more often, depending on different occasions and hence they are expected to register the highest demand in the next five years as well. Also, the introduction of new form of nail polishes like gel is further leading to the rise in the demand for this segment.
Based on the distribution channel, the Global Nail Care Market is segmented into offline and online channels. The offline channel is further segmented into hypermarkets/supermarkets, retail stores, beauty salon and others. The hypermarket and supermarket segment are undergoing fastest growth as they offer one-stop shopping experience to the consumer.
Some of the major players operating in the Global Nail Care Market are Procter and Gamble Co., Uniliver, Shiseido Co. Ltd., Colorbar Cosmetics Private Limited, Revlon, Inc.,Estee Lauder Companies Inc., Faces Cosmetics Inc., L'Oreal S.A.,KISS Products Inc. and Coty Inc. Leading companies are investing in new product launches and brand promotion to increase their market reach. Other growth strategies include merger and acquisitions.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze and forecast market size of the Global Nail Care Market, in terms of value.
- To define, classify and forecast the Global Nail Care Market on the basis of product type, distribution channel and regional distribution.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting the Global Nail Care Market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
- To identify tailwinds and headwinds for the Global Nail Care Market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the Global Nail Care Market.
- To evaluate competitor pricing, average market selling prices and trends in the Global Nail Care Market.
- To strategically profile the leading players, which are involved in the supply of nail care globally.
The publisher performed primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of nail care manufacturers and suppliers globally. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. The publisher analysed product offerings, distribution channel and regional presence of all major nail care suppliers across the globe.
The publisher calculated the market size for the Global Nail Care Market by using a bottom-up approach, where the manufacturers' value data for different types of nail care products was recorded as well as forecast for the future years was made. The publisher sourced these values from the industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Nail Care Market
4. Executive Summary
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Product Awareness
5.3. Brand Awareness
6. Global Nail Care Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Nail Polish, Nail Accessories, Nail Strengthener, Nail Polish Remover, Artificial Nails and Accessories, Others)
6.2.2. By Distribution Channel (Offline (Hypermarkets/Supermarkets, Retail Stores, Beauty Salon, Others), Online)
6.2.3. By Region (North America, South America, Asia Pacific, Europe and Middle East & Africa)
6.2.4. By Company
6.3. Market Attractiveness Index (By Product Type, By Distribution Channel and By Region)
7. Asia-Pacific Nail Care Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
8. North America Nail Care Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
9. South America Nail Care Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
10. Europe Nail Care Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
11. MEA Nail Care Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Procter and Gamble Co.
14.2. Unilever PLC
14.3. Shiseido Co. Ltd.
14.4. Colorbar Cosmetics Private Limited
14.5. Revlon, Inc.
14.6. Estee Lauder Companies Inc.
14.7. Faces Cosmetics Inc.
14.8. L'Oreal S.A.
14.9. KISS Products Inc.
14.10. Coty Inc.
15. Strategic Recommendations
16. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/6m76gi