The Global Nail Polish Market has grown at a significant growth rate in the past few decades. The report insights into the market shares, revenues, and trends. It discusses the data assessments and specifics of the market size and the industry. The report signifies the trending branding assessments of the top grooming companies in the world.
Global Nail Polish Market size was valued at US$ 11.79 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 9.5% through 2022 to 2029, reaching nearly US$ 24.37 Bn.
Global Nail Polish Market Overview:
The Global Nail Polish market was valued at US$ 11.79 Bn. in 2021, and it is expected to reach US$ 24.37 Bn. by 2029 with a CAGR of 9.5% during the forecast period. Revlon, Inc. is an American multinational company that offers cosmetics, skin care, fragrance, and personal care products. Revlon, Inc. had a net sales revenue of US$ 1.9 Billion in 2020.
The most recent Maximize Market Research, Global Nail Polish Market 2021-2029, is useful for studying the market’s rivals. The research provides a broad and basic assessment of the market, as well as a review of subjective factors that may provide readers with vital business insights. The report provides an overview of the industry, including the value chain structure, geographical analysis, applications, market size, and forecast (2021-2029). The study will be utilized to generate a more accurate assessment of the current and future conditions of the worldwide Nail Polish market.
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Market Scope:
The research provides an analytical picture of the business throughout the anticipated time frame by assessing several elements such as worldwide Nail Polish market growth, consumption volume, market trends, and corporate pricing structures. The paper contains extensive research on the market’s complexities. The research provides an overview of the worldwide Nail Polish market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The report considers growth drivers, current trends, innovations, prospects, and the competitive environment in its research. This market has been studied in several ways, including productivity and manufacturing base.
Segmentation:
Based on the Product, the market is segmented into liquid, and gel. Liquid polish segment is expected to hold the largest market share of % by 2029. The ease of application and availability of colors are driving demand. Due to consumer reluctance to switch to gel-based replacements, liquid products are expected to account for the largest market share during the forecast period.
The ease of application and low cost, combined with the manufacturer’s vast colors variety, are expected to drive demand during the forecast period. Furthermore, the growing fashion and cosmetics industry, driven by rising consumer demand for beauty items, is expected to be a major driver of market growth in the forecast period. These are the factor that drives the growth of the Liquid polish segment in the global market during the forecast period.
Based on the Sales Channel, the market is segmented into Supermarkets, Hypermarket, Convenient Stores, Specialty Stores, and Online or E-Commerce. Online or E-Commerce segment is expected to grow rapidly at a CAGR of % during the forecast period. Online or E-Commerce has become an integral aspect of the global retail landscape in recent years. The retail sector, like many other industries, has changed dramatically since the internet’s advent, and due to the ongoing digitalization of modern life, consumers from practically every country now benefit from the convenience of online purchases. These are the key factor that drives the growth of the online or e-commerce segment in the global market during the forecast period.
Key Players:
It then goes into great detail about the major rivals as well as emerging players in the worldwide Nail Polish market, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The study also assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. This report includes the following players:
• Revlon, Inc.
• Essie Cosmetics, Ltd.
• L’Oreal Paris
• Odontorium Product Inc.
• Creative Nail Design, Inc.
• Fiabila Cosmetics Co., Ltd.
• The Estee Lauder Companies, Inc.
• NARS Cosmetics
• China Glaze
• Cosmetic Industries, Inc.
• Sally Hansen, Inc.
• RGB Cosmetics
• Vogue Cosmetics
• Procter & Gamble Co.
• Coty, Inc.
• American International Industries
• Christian Dior SE
• Chanel S.A.
• Odontorium Products, Inc
• Karma Organic Spa
• Kester Black
• Kosé Corporation
Regional Analysis:
The report has analyzed the global Nail Polish market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and the Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The analysis provides in-depth insights into several development opportunities and challenges in the aforementioned regions, based on commodities, applications, end-users, and nations, among other factors. The report also covers important characteristics of the worldwide Nail Polish market, such as sales growth, product pricing and analysis, growth potential, and suggestions for overcoming market issues in the areas covered.
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COVID-19 Impact Analysis on Nail Polish Market:
COVID-19 is a global public health crisis that has affected almost every company, and the long-term repercussions are expected to have an influence on industry growth throughout the projection period. Our current study broadens our research approaches in order to address key COVID-19 issues as well as potential future steps. The research provides light on COVID-19 by taking into account changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, current market force dynamics, and major government activities. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.
Key Questions Answered in the Nail Polish Market Report are:
- Who are the leading players in the Nail Polish market?
- In terms of the region, what is the potential market for Nail Polish?
- In the next five years, which application area of Nail Polish is likely to develop at a substantial rate in the market?
- What opportunities exist for new market entrants?
- How big will the Nail Polish market be in 2029?
- What are the Nail Polish market’s growth prospects?
- What is the base year taken into account in the Nail Polish market report?
- In the Nail Polish market, which region has the biggest market share?
- What are the variables that are expected to boost the Nail Polish market?
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