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NEW YORK , June 29, 2022 /PRNewswire/ -- The nail care products market size is set to grow by USD 5.68 billion from 2021 to 2026, progressing at a CAGR of 4.46% according to Technavio. 42% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the nail care products market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The majority of the population in the region comprises millennials, who quickly adapt to new trends in fashion will facilitate the nail care products market growth in APAC over the forecast period.
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Our nail care products market report covers the following areas:
The nail care products market is fragmented and the vendors are deploying growth strategies such as brand, labor, quality, and innovation to compete in the market. Chemence Inc., Coty Inc., Cuccio Naturale, Faces Canada, Flora 1761, Jinsoon, Keystone Cosmetics, KISS Products Inc., Light Elegance, Lippmann Enterprises LLC, LOreal SA, Oriflame Holding AG, ORLY International Inc., Revlon Inc., Sheba Nails , Shiseido Co. Ltd., Smith and Cult LLC, The Avon Co., The Estee Lauder Co. Inc., and Unilever PLC are some of the major market participants.
The nail care products market share growth in the nail polish segment will be significant for revenue generation. Nail polish has become one of the important makeup products, which encourages vendors to launch new product lines in this category. Most consumers prefer quick-dry features in gel-like polishes and long-wear nail lacquers. Manufacturers launch their different nail polish collections on a seasonal basis and emphasize producing more glossy and long-lasting nail paints. Such initiatives by vendors will drive the nail care products market growth during the forecast period.
Drivers: The availability of non-toxic solutions for nail care, expansion of distribution network, and growing customer engagement through the digital media platform will offer immense growth opportunities.
Challenges: The availability of counterfeit nail care products, growing health awareness among customers & regulatory compliances for product composition, labeling, and packaging will challenge the growth of the market participants.
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The competitive scenario provided in the Nail Care Products Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Nail Care Products Market Forecast Report - Buy Now!
Nail Care Products Market Scope
Accelerate at a CAGR of 4.46%
Leading companies, competitive strategies, consumer engagement scope
Chemence Inc., Coty Inc., Cuccio Naturale, Faces Canada, Flora 1761, Jinsoon, Keystone Cosmetics, KISS Products Inc., Light Elegance, Lippmann Enterprises LLC, LOreal SA, Oriflame Holding AG, ORLY International Inc., Revlon Inc., Sheba Nails, Shiseido Co. Ltd., Smith and Cult LLC, The Avon Co., The Estee Lauder Co. Inc., and Unilever PLC
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
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6 Market Segmentation by Distribution Channel
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