Home > Consumer Goods & Services > Personal Care > Skin Care > Nail Polish Market
Nail Polish Market size was valued at around USD 9.5 Billion in 2023 and is estimated to register a CAGR of around 6.2% between 2024 & 2032. Social media platforms like Instagram, TikTok, and Pinterest play a significant role in driving nail polish trends and consumer purchasing decisions. Beauty influencers and nail artists showcase new products, colors, and designs, leading to increased visibility and demand, which in turn drives market demand.
The market growth is hampering owing to health risks associated with certain chemicals commonly found in nail polish formulations, such as formaldehyde, toluene, and dibutyl phthalate (DBP), which has led some consumers suffer from fungal infections, cracked skins, and irritated eyes, thus it will restraints market progress.
Report Attribute | Details |
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Base Year: | 2023 |
Nail Polish Market Size in 2023: | USD 9.5 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.2% |
2032 Value Projection: | USD 16 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 320 |
Tables, Charts & Figures: | 380 |
Segments covered: | product type, price range, consumer group, distribution channel, region |
Growth Drivers: |
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Pitfalls & Challenges: |
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