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Artificial Nails Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71773
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The artificial nails market share is expected to increase by USD 265.25 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.59%.

This artificial nails market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers artificial nails market segmentation by type (acrylic nails, gel nails, and others) and geography (North America, Europe, APAC, South America, and MEA). The artificial nails market report also offers information on several market vendors, including Charmed and Armed International Inc., Dashing Diva, ImageLush, KISS Products Inc., KM Nail Manufacturer, Nail Alliance North America Inc., Nail Systems International, Professionail International, Sheba Nails, and Wella Operations US LLC among others.

What will the Artificial Nails Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Artificial Nails Market Size for the Forecast Period and Other Important Statistics

 

Artificial Nails Market: Key Drivers and Challenges

The growing adoption of nail art is notably driving the artificial nails market growth, although factors such as the availability of counterfeit brands may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial nails industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Artificial Nails Market Driver

The manicure aspect of the fashion industry has transformed in the last few years. Nail art skills have grown at a business level where the conscientious business of painting and gluing tiny designs have become popular among women. Many nail salons across the world offer varied types of manicure services, including trimming nail sizes, applying nail extensions using artificial nails, tiny designs, and other crafted art. This art decoration fashion has become a huge business in the fashion industry, especially among female celebrities from music, sports, and fashion. Nail art decoration is also enhanced by altering the nail sizes, where the alteration is commenced by trimming or expanding the nails using artificial nails. Women with tiny nails use artificial nails to extend the nails of desired lengths and to provide a natural look to the nails. Therefore, the growing demand for nail art decoration is expected to propel the growth of the global artificial nails market during the forecast period.

Key Artificial Nails Market Challenge

Vendors in the artificial nails market are witnessing the presence of many counterfeit products, which can hinder the growth of the market. With the growing sales of these counterfeit products, customers may not be able to differentiate them from genuine products. The counterfeit market is driving the influx of fake products, especially through the Internet. It is adversely affecting the sales of major vendors in the global artificial nails market. To gain a competitive advantage in the market, duplicate brands price their products at a lower rate than the original brands, but their products lack quality and durability. Low production costs encourage the production of counterfeit artificial nails. These products are sometimes contaminated with petrochemicals and other harmful chemicals during the manufacturing process. Consumers are often misled by fake packaging and similar product names as that of established brands, especially in APAC countries such as China, India, and Thailand, as well as the Middle Eastern countries such as the UAE, Saudi Arabia, and Qatar. Therefore, the availability of such counterfeit brands is likely to limit the growth of the market during the forecast period.

This artificial nails market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Artificial Nails Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Charmed and Armed International Inc.
  • Dashing Diva
  • ImageLush
  • KISS Products Inc.
  • KM Nail Manufacturer
  • Nail Alliance North America Inc.
  • Nail Systems International
  • Professionail International
  • Sheba Nails
  • Wella Operations US LLC

 

This statistical study of the artificial nails market encompasses successful business strategies deployed by the key vendors. The artificial nails market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The artificial nails market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Artificial Nails Market?

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31% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for artificial nails in Europe. Market growth in this region will be faster than the growth of the market in MEA, North America, and South America.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Artificial Nails Market?

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The artificial nails market share growth by the acrylic nails segment will be significant during the forecast period. Acrylic nails are in high demand among customers due to their durability of two weeks. They are common forms of nail paints and are widely used by people. As teenagers are the major end-users of acrylic nails and hold the major share of the global population, the sales of acrylic nails are expected to grow at a rapid pace during the forecast period. Also, the rise in the number of people visiting salons and nail art studios that offer low-cost grooming packages is likely to fuel the growth of the market for acrylic nails during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial nails market size and actionable market insights on post COVID-19 impact on each segment.

 

Artificial Nails Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.59%

Market growth 2022-2026

$ 265.25 million

Market structure

Fragmented

YoY growth (%)

4.78

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

Europe at 31%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Charmed and Armed International Inc., Dashing Diva, ImageLush, KISS Products Inc., KM Nail Manufacturer, Nail Alliance North America Inc., Nail Systems International, Professionail International, Sheba Nails, and Wella Operations US LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Artificial Nails Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive artificial nails market growth during the next five years
  • Precise estimation of the artificial nails market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial nails industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of artificial nails market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Acrylic nails - Market size and forecast 2021-2026
  • Gel nails - Market size and forecast 2021-2026
  • Others - Market size and forecast 2021-2026
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • APAC - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Charmed and Armed International Inc.
  • Dashing Diva
  • ImageLush
  • KISS Products Inc.
  • KM Nail Manufacturer
  • Nail Alliance North America Inc.
  • Nail Systems International
  • Professionail International
  • Sheba Nails
  • Wella Operations US LLC

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The artificial nails market growth will increase by $265.25 million during 2021-2026.
The artificial nails market is expected to grow at a CAGR of 5.59% during 2021-2026.
Technavio has segmented the artificial nails market by type (Acrylic nails, Gel nails, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Charmed and Armed International Inc., Dashing Diva, ImageLush, KISS Products Inc., KM Nail Manufacturer, Nail Alliance North America Inc., Nail Systems International, Professionail International, Sheba Nails, Wella Operations US LLC are a few of the key vendors in the artificial nails market.
Europe will register the highest growth rate of 30.84% among the other regions. Therefore, the artificial nails market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the artificial nails market growth are:
  • Growing adoption of nail art
The artificial nails market vendors should focus on grabbing business opportunities from the acrylic nails segment as it accounted for the largest market share in the base year.
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