The global nail art gel market size was USD XX million in 2021 and is expected to register a steady revenue CAGR of XX% during the forecast period. Key factors such as increasing number of nail care salons across the globe, growing demand for long-lasting nail color products, nail art, and manicures and rising focus on aesthetic appeal are expected to boost global market growth during the forecast period.
Nail polish is a quick-drying lacquer that is commonly applied to decorate and protect nail plates of fingers and toes. Gel paint also called art gel is one of the latest and trending nail art innovations in the fashion industry, used for nail art painting. This art gel is thicker than gel polish and is specifically formulated to provide full-coverage color in a single stroke. Nail trends are constantly evolving due to social media influencers and celebrities and manufacturers are heavily investing in research and development activities to develop novel products to cater to consumer demands.
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Factors such as increasing number of millennials and Gen Z women wanting to experiment with trending nail care patterns, rising availability of various nail art gels across online and offline stores, high disposable income, and rising investments for developing novel, innovative art gel formations are expected to drive global market growth going ahead.
However, lack of skilled nail care technicians and low awareness about different nail art tools, availability of counterfeit products are expected to hamper global nail art gel market during the forecast period.
Matte Segment To Register Rapid Revenue CAGR:
The matte segment is expected to register rapid revenue CAGR over the forecast period. Factors such as growing awareness about nail hygiene, rising preference for matte smooth finish-colored nails, and rising availability of various colored nail paints used for matte finish are expected to drive segment revenue growth during the forecast period.
Online Segment to Account for Largest Revenue Share:
The online segment is expected to account for largest revenue share during the forecast period. This can be attributed to rapidly expanding e-commerce sector, rising availability of various types of nail art gel on online platforms, and high preference for online purchases due to easy accessibility, availability of heavy discounts and offers, and door-to-door delivery.
Asia Pacific to Register Rapid Revenue CAGR:
Asia Pacific market is expected to register rapid revenue CAGR over the forecast period owing to increasing influence of western culture, changing lifestyle preferences, high focus on personal appearance, and rising spending capacity. In addition, rising number of nail care salons, rising investments for developing novel, innovative art gel formations, and emergence of key players are expected to drive Asia Pacific market going ahead.
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Nail Art Gel Market By Company:
Beetles Gel Polish
COOSA
RARJSM
Saviland
CLARA COLORS
Anself
SXC Cosmetics
Vrenmol
PASNOWFU
Biutee
Nail Art Gel Industry Recent Developments:
In April 2022, Artistic Nail Design announced the launch of a new gel product, bloom gel coat to help consumers create unique nail art designs such as marble, watercolor, floral print and snakeskin effects
In September 2022, Aprés Nail announced the launch of a vast collection of 100 highly-pigmented gel polishes that offer smooth one-color application as well as bright nail art.
The global nail art gel market has been segmented based on type, application, and region:
Nail Art Gel Market Segment by Type:
Matte
Shimmery
Nail Art Gel Market Segment by Application:
Online Sales
Offline Sales
Nail Art Gel Market Segment by Region:
North America (USA, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia Pacific (China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam)
Latin America (Brazil, Argentina)
Middle East & Africa (Turkey, Saudi Arabia, U.A.E)
Key Reasons to Purchase:
Estimates 2023 to 2028 nail art gel market current market trends and development trends
Market dynamics along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the nail art gel market
Competitive landscape involving market share of the major players, new strategies and projects adopted by players in the last five years
Comprehensive company profiles covering product offerings, key financial information, SWOT analysis and strategies employed by major market players
Brief about impact of COVID-19 on the global nail art gel market
Key Questions Addressed:
What revenue CAGR is the global market expected to register during the forecast period?Which key players are leading in the global nail art gel market?
What is the expected market size of the global nail art gel market between 2023 and 2028?What factors are expected to open new growth avenues and opportunities for existing and emerging market players?
What are some of the key challenges that the global market is expected to face during the forecast period?
Which region is expected to account for largest revenue share over the forecast period?
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