01-15-2025 06:04 AM CET | Advertising, Media Consulting, Marketing Research
Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐จ๐๐ซ, ๐๐๐๐๐ก๐ข๐ง๐ ๐๐๐ ๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐
The global nail polish market is undergoing a significant transformation, with a market size valued at USD 77.89 billion in 2024. The market is anticipated to grow at an impressive CAGR of 9.8% from 2025 to 2032, reaching nearly USD 164.55 billion. The surge in demand is driven by evolving consumer preferences, innovative product launches, and a growing focus on sustainability in the beauty industry.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam has emerged as a dynamic market in the nail polish industry, driven by a rising middle-class population and increasing disposable incomes. The growing influence of Western beauty trends has led to a surge in demand for premium and long-lasting nail polishes. Recent investments, such as ๐๐๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐๐ฌ establishing a manufacturing unit in Ho Chi Minh City, highlight the potential of this market.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐ข๐ง๐
China remains a powerhouse in the nail polish market, with its vast consumer base and robust e-commerce platforms. Domestic brands such as Perfect Diary and international players like L'Orรฉal are expanding their product lines to cater to the demand for eco-friendly and vegan nail polishes. The market is also witnessing consolidation, with mergers like Shanghai Cosmetics Group acquiring Bright Colors Ltd., enhancing their portfolio.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ
Thailand's nail polish market is witnessing trends such as the adoption of halal-certified products to cater to its diverse demographic. Local companies like Beauty Buffet are introducing innovative products, including quick-dry and peel-off nail polishes. Moreover, international brands are collaborating with Thai retailers to gain a foothold in this lucrative market.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/17424/
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Japan's nail polish industry is characterized by technological advancements and high consumer expectations. Companies such as Shiseido are focusing on research and development to create odor-free and chip-resistant formulations. Recent mergers, including Tokyo Cosmetics Ltd. joining hands with Global Beauty Inc., have strengthened the competitive landscape in Japan.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐๐๐ญ๐จ๐ซ
South Korea, known for its beauty innovations, is seeing a surge in the popularity of nail art and gel polishes. Brands like Etude House and Innisfree are introducing trendy colors and innovative finishes. The government's push for cruelty-free certifications has led to updates in manufacturing processes, encouraging ethical consumerism.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's nail polish market is driven by a cosmopolitan population and high beauty standards. International brands, including OPI and Essie, dominate the market, while local players are focusing on niche segments like organic and water-based nail polishes. Retail expansions, such as Color Co.'s new flagship store, indicate a growing market potential.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US market continues to lead with its innovation and diverse product offerings. Companies like Sally Hansen and Revlon are focusing on sustainable packaging and formulations. The increasing demand for vegan and cruelty-free nail polishes has led to new product launches, aligning with the eco-conscious consumer trend.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ
Europe's nail polish industry is marked by stringent regulations and a preference for high-quality products. Mergers like Coty Inc. acquiring Wella's nail polish division highlight the ongoing consolidation. Key markets in Europe, including Germany and France, are seeing a rise in demand for premium and professional-grade nail polishes.
๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐
The global nail polish market is embracing updates in product formulations, focusing on reducing harmful chemicals like toluene and formaldehyde. Sustainability remains a core theme, with companies investing in biodegradable packaging and refillable bottles. Innovations in nail care, such as breathable nail polishes, are also gaining traction among health-conscious consumers.
The nail polish market's robust growth trajectory is supported by continuous product innovation, strategic mergers, and rising consumer awareness. As beauty standards evolve and the demand for sustainable products increases, the nail polish industry is set to witness unprecedented growth in the coming years.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/17424/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Liquid
Gel
The market is divided into two segments based on the product: liquid and gel. By 2030, the liquid polish segment is anticipated to have the most market share, accounting for xx%. Demand is being driven by color availability and ease of application. Throughout the projected period, liquid products are anticipated to hold the biggest market share due to consumer resistance to switching to gel-based substitutes.Demand is anticipated to be driven throughout the projected period by the manufacturer's wide range of colors, low cost, and ease of application. Furthermore, a key factor propelling market expansion during the projected period is anticipated to be the expanding fashion and cosmetics sector, which is fueled by increased consumer demand for beauty products. These are the elements that propel the liquid's expansion.
๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ
Supermarkets
Hypermarket
Convenient Stores
Specialty Stores
Online or E-Commerce
The market is divided into Supermarkets, Hypermarkets, Convenient Stores, Specialty Stores, and Online or E-Commerce based on the Sales Channel. Over the course of the projected period, the online or e-commerce category is anticipated to expand quickly at a CAGR of xxx%. In recent years, online shopping, or e-commerce, has grown to be a crucial part of the worldwide retail scene. 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.
๐๐ฒ ๐ ๐ข๐ง๐ข๐ฌ๐ก
Glossy
Matte
Glitter
Satin
Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-nail-polish-market/17424/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ :
1. Revlon, Inc.
2. Essie Cosmetics, Ltd.
3. L'Oreal Paris
4. Odontorium Product Inc.
5. Creative Nail Design, Inc.
6. Fiabila Cosmetics Co., Ltd.
7. The Estee Lauder Companies, Inc.
8. NARS Cosmetics
9. China Glaze
10. Cosmetic Industries, Inc.
11. Sally Hansen, Inc.
12. RGB Cosmetics
13. Vogue Cosmetics
14. Procter & Gamble Co.
15. Coty, Inc.
16. American International Industries
17. Christian Dior SE
18. Chanel S.A.
19. Odontorium Products, Inc
20. Karma Organic Spa
21. Kester Black
22. Kosรฉ Corporation
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ข๐ฅ ๐๐จ๐ฅ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ :
What is Nail Polish ?
What is the growth rate of the Nail Polish Market?
Which are the factors expected to drive the Nail Polish market growth?
What is the CAGR at which the Nail Polish market will grow during the forecast period?
What are the different segments of the Nail Polish Market?
Which is the fastest growing region in the Nail Polish market?
What growth strategies are the players considering to increase their presence in Nail Polish ?
What are the upcoming opportunities and trends for the Nail Polish Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Nail Polish Market?
Who are the leading companies and what are their portfolios in Nail Polish Market?
What segments are covered in the Nail Polish Market?
Who are the key players in the Nail Polish market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/17424/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
MAXIMIZE MARKET RESEARCH PVT. LTD.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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This release was published on openPR.