Luxury Nail Polish Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Nail polish is a cosmetic product used on nails to decorate them. Luxury nail polish is a premium category of nail polish which is affordable for women with high income. They are expensive and superior in quality than regular nail polishes. Moreover, these nail polishes last longer and do not chip easily. Additionally, they are easy to apply and are highly pigmented, thus, require lesser number of coats. Luxury nail polishes are frequently infused with nourishing agents to strengthen the nails.

MARKET DYNAMICS

Growing trend of salon manicure in developed and well as developing countries is one of the key factors driving the product demand. Moreover, rising number of nail art studios across the globe that offer premium nail art services is also propelling the market growth. Furthermore, factors such as rising spending power of consumers, rapid urbanization, increasing working women population, and rising social media influence are expected to further fuel the market growth in the coming few years.

MARKET SCOPE

The "Global Luxury Nail Polish Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the luxury nail polish market with detailed market segmentation based on product type, finish, and distribution channel. The global luxury nail polish market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading luxury nail polish market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global luxury nail polish market is segmented into product type, finish, and distribution channel. By product type the luxury nail polish market is segmented into base coat, top coat, and others. By finish the luxury nail polish market is segmented into glossy, matte, glitter, and others. By distribution channel, the luxury nail polish market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global luxury nail polish market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The luxury nail polish market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the luxury nail polish market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the luxury nail polish in these regions.

MARKET PLAYERS

The report covers vital developments in the luxury nail polish as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the luxury nail polish are anticipated to lucrative growth opportunities in the future with the rising demand for luxury nail polish in the global market. Below mentioned is the list of few companies engaged in the luxury nail polish market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the luxury nail polish market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   INGLOT Cosmetics
  
•   The Maisons Christian Dior Couture and Parfums Christian Dior
  
•   CHANEL
  
•   Christian Louboutin
  
•   Giorgio Armani S.p.A
  
•   Wella Operations US LLC
  
•   AZATURE
  
•   TOM FORD
  
•   Sally Hansen
  
•   Nail Alliance, LLC.
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Luxury Nail Polish Report Scope