Non-Toxic Nail Polish Market Trends, Demand, Scope, Growth Analysis and Industry Forecast To 2030
Market Synopsis
As per the analysis conducted by Market
Research Future Reports (MRFR), the global non-toxic nail polish market is
estimated to acquire market value of USD 2.78 Billion, expanding at a CAGR of 5.45%
during the forecast period from 2022 to 2030. The growing awareness among the
consumers regarding the toxic impact of chemicals used in regular nail polish
is estimated to be the most significant factor augmenting the global non-toxic
nail polish market.
The usage of organic raw material eliminates
the scope of toxicity in the nail polish, which results in the rise of demand
for non-toxic nail polishes. The increasing fashion of nail art, nail care, and
usage of multi-color nail polishes is estimated to drive the global market in
the forthcoming period. The grown inclination towards a nail spa is further
likely to affect the market positively. In addition, fashion events are gaining
momentum considerably, which further strengthens the market during the forecast
period. Besides, the change in lifestyle increased disposable income, and a
growing number of employed women are some of the other important factors
escalating the demand for non-toxic nail polish. Also, the ease of application
and affordability with a broad array of selection is estimated to propel the demand
during the assessment period. Moreover, the fast-growing fashion and cosmetics
industry owing to the rise in demand for beauty products is estimated to be a
notable factor in the forthcoming period.
Market
Segmentation
The segment evaluation of the global
non-toxic nail polish market is based on product type, distribution channel,
and finish.
The product type-based segment of the global
non-toxic nail polish market are top coat, base
coat, gel, and others.
The distribution channel-based segment of the
global non-toxic nail polish market are store-based
and non-store-based.
The finish-based segment of the global
non-toxic nail polish market are matte, satin,
glossy, glitter, and others.
Regional
Analysis
Based on geography, the global non-toxic
market can be segmented into North America, Europe, Asia-Pacific, and the Rest
of the World (RoW). As per the research, the global market is projected to be
dominated by North America by procuring the largest Non-Toxic
Nail Polish Market Share, with a promising CAGR during the assessment period. The
US and Canada are known to be the most crucial participants in developing the
regional market. Owing to the rising awareness about the harmful impact of
chemicals, there has been a significant rise in the demand for non-toxic nail
polish. Further, the growing trend of women to groom their nails with glitter,
along with some innovative introduction for styling, is estimated to drive the
regional market.
The increasing demand majorly drives the APAC
market in developing economies such as India, China, Thailand, Indonesia, and
Thailand. The growing number of spas and salons, with the developing fashion
and cosmetics industry, is estimated to develop the regional market during the
forecast period.
Europe is projected to be one of the most
lucrative markets. With the growing adoption of new trends, the rising sales in
the European Non-Toxic
Nail Polish Market Trends are estimated to magnify the regional market. Further,
Italy and France are popular at a global front for being the fulcrum of
emerging fashions.
Key Players
The renowned players of the global non-toxic
market are Orly International, Inc (US),
Beautylish, Inc. (the US), Kure Bazaar SAS (France), Karma Organic Spa (US),
Smith & Cult, LLC (US), Honeybee Gardens Inc. (US), NBY London Ltd. (UK),
Kester Black (UK), Art of Beauty Inc (US), Jinsoon (UK), Pacifica Companies (India),
Soigné nails (UK), Benecos. (UK), butter LONDON, LLC (UK), and Cienna Rose
Limited (UK).
NOTE: Our Team of Researchers are Studying
Covid19 and its Impact on Various Industry Verticals and wherever required we
will be considering Covid19 Footprints for Better Analysis of Market and
Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats
Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New
York 10013, United States of America

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