Nail Salon Market Overview
Maximize Market Research is a leading market research firm based in Pune that has published a detailed analysis of the Nail Salon Market. The updated Nail Salon market reports include the market size data for the year 2023 and provide an estimated value for 2030, and a CAGR forecast has been made for the period from 2024 to 2030.
Forecasted Growth Potential of Nail Salon Market
At a compound annual growth rate (CAGR) of 8.1%, the worldwide nail salon market is projected to reach USD 22.18 billion by 2029 from its 2023 valuation of USD 12.86 billion.
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Nail Salon Market Report Scope and Research Methodology
The Nail Salon Market Report provides a comprehensive analysis of the industry landscape, offering insights into the market scope, trends, and growth drivers. The report encompasses a thorough examination of various segments within the Nail Salon market, including product types, applications, and regional perspectives. By applying a rigorous research methodology, which includes primary and secondary data collection, as well as qualitative and quantitative analysis techniques, the report delivers valuable insights for stakeholders and decision-makers. The report assists businesses in making strategic decisions for the Nail Salon market by examining market dynamics, competitive landscape, and technological advancements.
The research methodology employed in the Nail Salon Market Report ensures accuracy and reliability by gathering data from reputable sources and conducting extensive literature reviews and market databases. The data collected is then analyzed using sophisticated statistical techniques and models to derive significant conclusions and forecasts. The accuracy of the information provided in the report is validated through rigorous quality control measures, guaranteeing that stakeholders can depend on the insights to make well-informed decisions.
Overall, the combination of comprehensive scope and robust research methodology makes the Nail Salon Market Report an invaluable resource for understanding and navigating the dynamics of the global Nail Salon market.
Nail Salon Market Regional Insights
The regional insights of the Nail Salon Market highlight variations in market dynamics across different geographical regions. The report includes an in-depth analysis of all the factors, market size, growth rate, and import and export in regions. The Nail Salon market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Nail Salon Market Segmentation
by Age Group
Below 18 Year
19 to 26 Year
27 to 40 Year
Above 40 years
With a 48% market share in 2023, the 19–20 year old age group held the greatest share of the nail salon market and is anticipated to hold onto that position throughout the forecast period. Customers in this age range can be seen at social gatherings, weddings, parties, and other occasions. Customers can choose from a variety of services at the nail salon, including manicures, pedicures, and nail extensions. It is anticipated that all of these variables will propel market segment expansion. Younger clients, for instance, are more drawn to bright colors and innovative nail art. However, traditional and understated nail designs are preferred by senior clients. It is anticipated that targeting particular age groups with services and marketing initiatives will have an impact on market expansion.
by Service
Manicure
Pedicure
Nail Extensions
Nail Art
In 2023, the worldwide nail salon market share was dominated by the manicure service category. The benefits of manicures and pedicures draw clients since they pamper the hands and feet and work as a revitalizing treatment for the head and body. A growing demand for manicure services among individuals is anticipated to support the market's segment expansion, and many people are enjoying the pampering experience. Services like basic nail care, nail art, customisation, nail enhancements, spa, and wellbeing are included in this category.
by End User
Women
Men
The women's category, which accounted for the biggest share of the nail salon market in 2023, is anticipated to increase at a compound annual growth rate (CAGR) during the course of the forecast period. The frequency with which women frequent nail salons extends beyond the straightforward offering of nail services and includes a whole experience centered on rest and self-care. Although historically dominated by female clients, men are increasingly requesting nail salon services, which has resulted in the development of niche services tailored to their requirements.
by Location Type
Standalone Salons
Salon Chains
Spa and Wellness Centres
Table of Content: Nail Salon Market
Part 01: Executive Summary
Part 02: Scope of the Nail Salon Market Report
Part 03: Global Nail Salon Market Landscape
Part 04: Global Nail Salon Market Sizing
Part 05: Global Nail Salon Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Nail Salon Market Key Players
North America:
1. Regis Corporation (USA)
2. Sally Beauty Holdings, Inc. (Texas, USA)
3. OPI Products, Inc. (California, USA)
4. Essie (New York, USA)
5. Estée Lauder Companies Inc. (USA)
6. CND (Creative Nail Design) (California, USA)
7. Nail Alliance:
8. Nailaholics:
9. Bio Sculpture Gel
Europe:
1. LVMH Moët Hennessy Louis Vuitton SE (Paris, France)
2. NAILS INC. – Headquarters (United Kingdom)
3. Alluring Nails & Tanning (UK)
4. Soho Beauty & Nail Boutique (Colombia)
5. Jin Soon Choi (UK)
6. Venús Nails (Spain)
7. Milano Nail Spa The Height (Italy)
Asia Pacific:
1. Hana Nail (China)
2. LOTUS NAILBAR & SPA (Japan)
3. ZAZAZOO Nail Salon (China)
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Key questions answered in the Nail Salon Market are:
- What is Nail Salon ?
- What is the growth rate of the Nail Salon Market?
- Who are the key players in the Nail Salon market?
- Who are the leading companies and what are their portfolios in Nail Salon Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Nail Salon Market?
- Which are the factors expected to drive the Nail Salon market growth?
- What are the different segments of the Nail Salon Market?
- What growth strategies are the players considering to increase their presence in Nail Salon ?
- What are the upcoming industry applications and trends for the Nail Salon Market?
- What segments are covered in the Nail Salon Market?
- What segments are covered in the Nail Salon Market?
- What are the key opportunities in the market?
- What factors restrain the market growth?
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Key Offerings:
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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