Non-Toxic Nail Polish Market Outlook Segments, Regional Analysis and Competitive Analysis – 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.
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 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.
Europe is projected to be one of the most
lucrative markets. With the growing adoption of new trends, the rising sales in
the European market is estimated to magnify the regional market. Further, Italy
and France are popular at a global front for being the fulcrum of emerging
fashions.
The increasing demand majorly drives the APAC
Non-Toxic Nail Polish 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.
Market Segmentation
The segment evaluation of the global Non-Toxic
Nail Polish Market Research 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 Report 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.
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.
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.
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