Nail Care Products Market Size, Share, Growth Analysis, By Product Type(Nail Polish, Nail Treatments, Nail Polish Remover, Nail Cleanser and Artificial Nails), By End User(Household and Salons), By Region - Industry Forecast 2024-2031

Global Nail Care Product Market size was valued at USD 20.13 billion in 2022 and is poised to grow from USD 21.19 Billion in 2023 to USD 31.99 Billion by 2031, at a CAGR of 5.28% during the forecast period (2024-2031).

Given the significance of keeping good nail health and its potential to assure fantastic aesthetics, people are becoming more and more likely to use nail care products. The removal of pollutants from the hands and feet, stopping and cleaning nail fungal infections, and preventing painful ingrown fingernails and toenails are all possible with proper nail care. As a result, this encourages increased usage among consumers. A development opportunity for the market is provided by the rising production of sophisticated nail care items that have an antioxidant impact, are formed of composite material, and effectively sterilise the nail. For instance, the Hansel UV Smart LED Sterilizer Box Cosmetic Nail Cleaning Kit includes an EU plug, bracing, and antioxidant support. It is also composed of composite material. The number of beauty salons in countries all over the world has led to propel the use of the product and act as a driving factor for the market growth. For instance, the data published by the Small Business Development Centres Net.Org in May 2020, is stating that the United States has possessed 77,000 beauty salons. The growing popularity of ladies using nail care products to improve their appearance and attire has also significantly boosted demand. In addition, nail care companies are progressively running advertisements on billboards, television, social media, and other platforms. Nevertheless, some of the product's components caused negative side effects such skin rashes, eye damage, allergic responses, and others that are preventing the market from expanding.

US Nail Care Products Market is poised to grow at a sustainable CAGR for the next forecast year.