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

MARKET INTRODUCTION

Nail polish removers soften the nail polish so that it can be easily removed. The primary ingredient used in nail polish removers is acetone. Acetone is a colorless, flammable, and liquid solvent. It is highly concentrated and harsh on nails and nail skin. However, non-acetone based nail polish removers are also available in the market that are comparatively less harsh on nails. Nail polish removers are available in various forms such as liquid, pads, wipes, etc. Wipes and pads are convenient and easy to use, thus, gaining high popularity amongst women across the globe.

MARKET DYNAMICS

Growing trend of nail art and designer nails amongst the teenagers is the crucial factor driving the product demand. Moreover, growing influence of celebrities and social media on lifestyles and fashion quotient of women is also expected to drive the market growth over the forecast period. However, rising concerns about bad effects of using acetone based nail polish removers is the factor anticipated to restrain the market growth. Therefore, manufacturers are launching products that are free from acetone and gentle on nails and nail skin.

MARKET SCOPE

The "Global Nail Polish Remover 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 nail polish remover market with detailed market segmentation by category, form, and distribution channel. The global nail polish remover market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading nail polish remover market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global nail polish remover market is segmented into category, form, and distribution channel. By category, the nail polish remover market is bifurcated into acetone based and non-acetone based. By form, the nail polish remover market is bifurcated into liquid, wipes & pads, and others. By distribution channel, the nail polish remover market is bifurcated into supermarkets & 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 nail polish remover 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 nail polish remover 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 nail polish remover 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 nail polish remover market in these regions.

MARKET PLAYERS

The report covers vital developments in the nail polish remover market 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 players from the nail polish remover market are anticipated to lucrative growth opportunities in the future with the rising demand for nail polish remover in the global market. Below mentioned is the list of few companies engaged in the nail polish remover market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the nail polish remover 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.

•   Unilever Plc.
  
•   Loreal S.A.
  
•   Inglot Cosmetics
  
•   Faces Canada Inc.
  
•   Chanel Inc.
  
•   LVMH Moet Hennessy Louis Vuitton S.E.
  
•   Coty Inc.
  
•   Orly International, Inc.
  
•   Colorbar Cosmetics Pvt. Ltd.
  
•   Deborah Group (Deborah Milano)
  

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.

Nail Polish Remover Report Scope