UV Nail Gel Market Distribution channel, and Geography - Forecast and Analysis 2021-2025 Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Mar 2021

Pages: 120

SKU: IRTNTR70466

Snapshot

The UV nail gel market has the potential to grow by USD 25.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.38%.

This UV nail gel 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 market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA). The report also offers information on several market vendors, including alessandro International GmbH, Armbruster Associates Inc, and Chemence Inc., among others.

What will the UV Nail Gel Market Size be in 2021?

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UV Nail Gel Market: Key Drivers and Trends

The growing adoption of nail art decoration fashion is notably driving the UV nail gel market growth, although factors such as risks associated with exposure of hands to UV light and use of acetone for gel removal may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the UV nail gel market industry get your FREE report sample now.

The growing need for sustainable UV nail gels has resulted in the development of UV nail gels made from organic or bio-based materials.
nail gels made from organic materials can be easily cured with advanced LED resources, which are safer for human exposure and have low energy consumption than UV mercury lamps.
Green UV LED curable nail gel polish made from bio-renewable materials such as plant oils and other materials such as itaconic acid, gum rosin, and bio-based succinic acid is also under development.
Green UV nail gel will offer better performance, opacity, chemical properties, pendulum hardness, and glossiness than petrochemical-based UV nail gels.
The increased focus on the development of UV nail gels from bio-based materials will be one of the critical UV nail gel market trends responsible for the growth of the market in the next five years.

Soft UV nail gels and hard UV nail gels are the two forms of UV nail gels currently available in the market.
The application of soft UV nail gels and hard UV nail gels varies depending on the fashion requirements of the customer.
Hard UV nail gels are generally preferred by fashion-conscious customers who require nail shades for a longer duration while soft UV nail gels are commonly used in salons and by residential customers who prefer a natural look for nails and generic grooming.
Hard UV nail gels are naturally glossy and do not require buffing. Soft UV gels are used as short-term alternatives to hard UV nail gels and can be used to plate the damaged look of a nail.
The availability of these different types of UV nail gels will be one of the significant factors boosting the popularity of UV nail gels and driving market growth at a CAGR of 7.38% during the forecast period.

This UV nail gel market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major UV Nail Gel Market Vendors?

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

The UV nail gel market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

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.

Download a free sample of the UV nail gel market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for UV Nail Gel Market?

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45% of the market’s growth will originate from North America during the forecast period. The US is one of the key market for UV nail gel market in North America. Market growth in this region will be slower than the growth of the market in other regions.

The growing number of nail salons and nail care services will facilitate the UV nail gel market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Distribution Channel Segments in the UV Nail Gel Market?

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In 2020, the offline distribution channel accounted for the largest share of the global UV nail gel market. Offline physical stores are expected to expand on a large scale, which will offer a more extensive reach and better visibility to UV nail gels during the forecast period. Moreover, over the last decade, the specialty store format has witnessed steady growth as it is considered the most convenient retail channel for both end-users and vendors.

However, in 2020, the COVID-19 outbreak affected most offline retail businesses globally. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the UV nail gel market size.

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What are the Key Factors Covered in this UV Nail Gel Market Report?

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive UV nail gel market growth during the next five years
Precise estimation of the UV nail gel market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the UV nail gel 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 UV nail gel market vendors

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UV Nail Gel Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 7%
Market growth 2021-2025	$ 25.00 million
Market structure	Fragmented
YoY growth (%)	10.96
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 45%
Key consumer countries	US, Germany, UK, France, and China
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	alessandro International GmbH, Armbruster Associates Inc, ChemenceÂ Inc., Coty Inc., Crystal Nails, Keystone Cosmetics, Light Elegance, ORLY International Inc., Revlon Inc., and Sheba Nails
Market Dynamics	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 forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

Market ecosystem
COVID-19 impact on Consumer discretionary industry
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Market Segmentation by Distribution channel

Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2020-2025
Online - Market size and forecast 2020-2025
Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Competitive scenario
Vendor landscape
Landscape disruption
Industry risks

Vendor Analysis

Appendix

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

Methodology

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.

INFORMATION 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

DATA 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

REPORT 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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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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