Nail care is one of the most essential parts of female fashion. Approximately 92% of females use nails care products in the world. It is believed that women aged 55 and above are the major consumers of nail care services across the globe. Global nail care market is estimated to reach USD 9.2 Billion by 2019, thus making it one of the most appealing businesses for the new and existing players.
Market Size and Forecast
North America nail care market grew by 11.8% from 2013-2014 and it is further anticipated to grow with almost same Y-O-Y groth in the upcoming years.
In Asia Pacific, Japan is the major market for the nail care owing to increasing popularity of manicures in the country followed by China. In addition to that, India and China, Malaysia, Thailand are projected to be the emergent countries for the nail care market.
Europe nail care market is believed to flourish from increase in total number of beauty salons and nail bars in the region over next few years.
Our in-depth analysis has segmented global nail care market into the following segments:
By Product Type
By Price Range
By Distribution Channel
Global nail care market is further classified on the basis of region as follows:
Growth Drivers and challenges
Increasing fashion & beauty consciousness and rising disposable income across the globe are the major drivers of the global nail care market.
Trending trying new looks according to dress and numerous occasions promise the un-doubtable great opportunity for the growth of the global nail care market.
However, factors like counterfeits of original products, un-organized market flushed with non-branded and cheaper options, increasing concern of customer for nail damages and side effects of the chemical substance combined in the nail care products are the key challenges for the global nail care market at present.
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