Nail Art Printer Market size was over USD 551.24 million in 2023 and is expected to cross USD 1.1 billion by the end of 2036, growing at more than 5.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of nail art printer is estimated at USD 575.49 million.
The usage of nail art printers is swiftly penetrating into residential and commercial sectors owing to the rising preference among women for beauty and personal care products, which in turn is expected to drive market growth. The increasing preference towards the usage of nail art printers at fashion stores, spa centers, nail salons, hair salons, beauty parlors, and wedding studios is also expected to fuel the progress of this market in the upcoming years.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024–2036 |
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CAGR |
5.5% |
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Base Year Market Size (2023) |
USD 551.24 million |
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Forecast Year Market Size (2036) |
USD 1.1 billion |
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Regional Scope |
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The market is segmented by type into stamping printers and built-in computer printers, out of which, the stamping printer segment holds significant market share due to the product being available at a reasonable and affordable price range.
Based on application, the commercial segment in the global nail art printer market is projected to grow with a significant CAGR over the forecast period. The segment's growth can be connected to the fact that most people prefer the service provided by commercial places as it is known to be of better quality than the residential one.
Our in-depth analysis of the global market includes the following segments:
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Type |
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Application |
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Distribution Channels |
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Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in Europe industry is anticipated to account for largest revenue share by 2036, due to booming cosmetic industry. Furthermore, the United Kingdom and Italy are home to many market players who constantly push beauty products to reap sales through consumers’ impulsive buying behavior. The introduction of products with intensified ease and value-added features, such as instant print, is appreciated by consumers leading a demanding lifestyle in the region. Moreover, North America's market is evaluated to occupy the largest share in terms of revenue, owing to the growing nail salon industry in the region. Additionally, the market in Asia Pacific region is anticipated to provide ample growth opportunities owing to the increasing nail art demand in the region as nail art has been a part of traditional Japanese culture.
Author Credits: Parul Atri
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