Market Overview:
The global nail polish market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for organic solvent based nail polishes and water based nail polishes, owing to their benefits such as easy application, low toxicity and environmental friendliness. In addition, the increasing trend of nail art is also propelling the growth of the global nail polish market. Based on type, the global nail polish market has been segmented into organic solvent based nails polishes and water based nails polishes. The organic solvent based nails polish segment is expected to account for a larger share in terms of value in 2018 as compared to that of waterbased nails Polish segment; however, over the forecast period (2018-2030), both segments are anticipated to register similar CAGRs due to rising preference for environment friendly products among consumers across regions. In terms of application,the global Nail Polish Market has been divided into three segments: Nail art institutions; individuals; others (including salons/parlors). Among these applications segments,Nail Art Institutions are estimatedto hold a dominant share in termsof valuein 2018and itis projectedto maintain its dominance throughoutthe forecastperiod i .e.,2018- 2030 backed by growing trendof professional manicure&pedicure servicesamong womenacross different geographies .
Product Definition:
Nail polish is a lacquer that is applied to the nails to protect them and give them color. It can also add shine and make them look more attractive.
Organic solvent based nail polish:
Organic solvent based nail polish, also called as OSPNP or Org-Sol, is a type of nail paint that contains organic solvents. Organic solvent based nail paints are usually thinners and they evaporate quickly when applied on the nails. The evaporation of thinner leads to dryness on the nails which makes it easy for designers to apply another coat without causing any hassle to the user. This process is repeated many times till the desired finish is achieved.
Water based nail polish:
Water based nail polish is a type of nail lacquer that is made using water as its base ingredient. It has a gel like consistency and it does not dry completely, this allows the product to be flexible and more manageable than other types of nail paints. Water based polishes are easier to apply than solvent-based polishes since they don’t have an odor or harsh chemicals, making them safer for use by people with sensitive skin.
Application Insights:
The nail art institutions segment dominated the global market in 2017. This is attributed to the rising number of nail art schools and academies that are providing training in various designs for nails. Moreover, increasing popularity of these designs on social media has also boosted product demand among individuals globally.
Individuals application segment is expected to witness significant growth over the forecast period owing to growing trend of DIY manicures and pedicures at home, especially in Europe and North America regions. In addition, increasing availability of different types of polish through online retail stores has further increased their penetration rate among consumers globally. Increasing preference for natural looking nails without any artificial enhancements has also driven demand from other segments such as medical facilities or care homes where it can be used by residents with ease & comfortability as it does not require any special skills or techniques like painting etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 3% during the forecast period. This can be attributed to increasing demand for nail art-based products and growing awareness about these products among individuals as well as within the industry.
Asia Pacific is anticipated to emerge as one of the fastest-growing regional markets from 2018 to 2030 owing to rising product demand from developing countries such China, India, and Japan. Moreover, increasing number of retail stores specialized in selling fashion accessories including nail polish will also drive growth over this region during the forecast period. ‰â€˜Nail Art' has been recognized by United Nations Educational Scientific & Cultural Organization (UNESCO) along with being an essential part of modern culture since 2008.
Growth Factors:
- Increasing demand for nail art and nail polish among women.
- Rising disposable income of women, which enables them to spend more on beauty products.
- Growing popularity of DIY (Do It Yourself) manicure and pedicure among women.
- Proliferation of new brands and product launches in the market by key players.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nail Polish Market Research Report
By Type
Organic solvent based nail polish, Water based nail polish
By Application
Nail art institutions, Individuals, Others
By Companies
OPI, Maybelline, Dior, CHANEL, ORLY, Butter London, Kiko, Nails Inc, Revlon, Sally Hansen, Rimmel, CND, COSMAY, Essie, ZOTOS ACCENT, L’OREAL, ANNA SUI, Bobbi Brown, Nars, MISSHA, China Glaze
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Nail Polish Market Report Segments:
The global Nail Polish market is segmented on the basis of:
Types
Organic solvent based nail polish, Water based nail polish
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Nail art institutions, Individuals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OPI
- Maybelline
- Dior
- CHANEL
- ORLY
- Butter London
- Kiko
- Nails Inc
- Revlon
- Sally Hansen
- Rimmel
- CND
- COSMAY
- Essie
- ZOTOS ACCENT
- L’OREAL
- ANNA SUI
- Bobbi Brown
- Nars
- MISSHA
- China Glaze
Highlights of The Nail Polish Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic solvent based nail polish
- Water based nail polish
- By Application:
- Nail art institutions
- Individuals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nail Polish Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nail polish is a type of nail care product that coats the nails with a hard, shiny finish. It can be made from many different types of materials, including lacquer, shellac, and enamel.
Some of the key players operating in the nail polish market are OPI, Maybelline, Dior, CHANEL, ORLY, Butter London, Kiko, Nails Inc, Revlon, Sally Hansen, Rimmel, CND, COSMAY, Essie, ZOTOS ACCENT, L’OREAL, ANNA SUI, Bobbi Brown, Nars, MISSHA, China Glaze.
The nail polish market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nail Polish Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nail Polish Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nail Polish Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nail Polish Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nail Polish Market Size & Forecast, 2020-2028
4.5.1 Nail Polish Market Size and Y-o-Y Growth
4.5.2 Nail Polish Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic solvent based nail polish
5.2.2 Water based nail polish
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Nail art institutions
6.2.2 Individuals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nail Polish Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nail Polish Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic solvent based nail polish
9.6.2 Water based nail polish
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Nail art institutions
9.10.2 Individuals
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic solvent based nail polish
10.6.2 Water based nail polish
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Nail art institutions
10.10.2 Individuals
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic solvent based nail polish
11.6.2 Water based nail polish
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Nail art institutions
11.10.2 Individuals
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic solvent based nail polish
12.6.2 Water based nail polish
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Nail art institutions
12.10.2 Individuals
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic solvent based nail polish
13.6.2 Water based nail polish
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Nail art institutions
13.10.2 Individuals
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nail Polish Market: Competitive Dashboard
14.2 Global Nail Polish Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OPI
14.3.2 Maybelline
14.3.3 Dior
14.3.4 CHANEL
14.3.5 ORLY
14.3.6 Butter London
14.3.7 Kiko
14.3.8 Nails Inc
14.3.9 Revlon
14.3.10 Sally Hansen
14.3.11 Rimmel
14.3.12 CND
14.3.13 COSMAY
14.3.14 Essie
14.3.15 ZOTOS ACCENT
14.3.16 L’OREAL
14.3.17 ANNA SUI
14.3.18 Bobbi Brown
14.3.19 Nars
14.3.20 MISSHA
14.3.21 China Glaze
