About Nail Enamel
Enamel for nail is present in a small glass bottle with an attached brush and twisted cap. Enamel bottle contains a liquid that applies with brushes on nails to add color. Enamel dries in few minutes and hardens the liquid forming a layer on the surface of the nails. Enamel on nails acts as an accessory to wear matching with the outfit. It comes in a variety of colors and shades. As a nail polish market seeing Strong Opportunity for Nail Care Products Manufacturers, As Dermatologists Are Also Recommending to Use Nail Care Product for Safety Purpose.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.2% |
The global nail enamel market is highly competitive and consists of a number of key players across the world. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Nail Enamel market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nail Inc. Gel Effect (England), Smith & Cult (United States), Zoya (United States), Revlon, Inc. (United States), Z Bigatti Labs (United States), L'Oreal (France), LVMH (France), Shiseido (Japan), P & G (United States), LG Household & Health Care (South Korea) and Versace (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Estee Lauder (United States), BENETTON (Italy) and Unilever PLC (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Nail Enamel market by Type (Light Nail Polish, Transparent Nail Polish, Pearl Nail Polish, Dazzle Light Nail Polish, Fog Light Nail Polish and Sequins Nail Polish), Application (Personal Use and Commercial Use) and Region.
On the basis of geography, the market of Nail Enamel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Shops will boost the Nail Enamel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclination towards Organic Products and Products Innovations to Meet Changing Fashion Statement
Market Growth Drivers:
Increasing Grooming Industry and Increasing Use of Nail Colours in Corporate Meetings and Party
Challenges:
High Competition among Vendors, Sustainable Packaging and Transparency and Tractability in Ingredient Supply Chains
Restraints:
Increasing Concern in Consumers towards the Use of Chemicals, Such As Formaldehyde Resin and Camphor That Causes Dermatitis, Nausea, Dizziness, And Headache
Opportunities:
Growing E-Commerce Industries and Rising Disposable Income in Emerging Co
Market Leaders and their expansionary development strategies
In February 2021, Resource partners announced that it has filed to acquire a majority stake in Nesperta, a Poland-based UV hybrid nail polish company, from the company’s founders.
In June 2023,Nykaa Cosmetics has expanded its product portfolio with the launch of vegan nail enamels as part its environment day celebrations
Stringent government regulations regarding chemical usage & different standards are impacting the market worldwide.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Nail Enamel Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.