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Nail Salon Market Size

Report ID: GMI6273
Published Date: Jul 2023
Report Format: PDF

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Nail Salon Market Size

Nail Salon Market size was valued at USD 10.1 billion in 2022 and is anticipated to grow at a CAGR of over 7.5% between 2023 and 2032. The global industry is being driven by the increasing demand for innovative skin care devices and professional beauty services. Customers are seeking holistic beauty experiences, leading nail salons to integrate advanced skin care technology and offer a wide range of specialized services. The incorporation of cutting-edge devices enhances the overall customer experience, providing effective nail and skin treatments.

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With the growing focus on well-being, there has been a parallel increase in awareness about nail health. Nails are an essential part of overall hand hygiene & appearance, and consumers are becoming more conscious of the significance of maintaining healthy nails. Awareness campaigns, educational materials, and information shared through various media channels have contributed to this heightened awareness. Consumers are now highly knowledgeable about nail issues, such as nail fungus, brittleness, ridges, and discoloration, and are seeking professional solutions to address these concerns. Nail salons have responded to this trend by offering specialized nail treatments that focus on aesthetics and prioritize nail health. These services include nail care routines, treatments using high-quality nail products, and advice on proper nail care practices at home.

Nail Salon Market Report Attributes
Report Attribute	Details
Base Year:	2022
Nail Salon Market Size in 2022:	USD 10.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.5%
2032 Value Projection:	USD 21.1 Billion
Historical Data for:	2018 to 2022
No. of Pages:	269
Tables, Charts & Figures:	310
Segments covered:	Service, Customer Preference, Age Group, and End Use
Growth Drivers:	Increasing awareness of nail health Social media and influencer marketing Growing focus on personal grooming Urbanization and changing lifestyles
Pitfalls & Challenges:	Availability of multiple cosmetic brands Changing consumer preferences

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The availability of numerous cosmetic brands can potentially hamper the overall beauty & skincare industry growth including nail salons that offer various services. Consumers can become overwhelmed by the sheer variety of products and choices offered by different brands. This can lead to confusion and indecision, making it challenging for consumers to select the most suitable products for their specific skincare needs. As a result, some consumers may delay or avoid making purchases altogether, impacting the overall demand for nail care products and services.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market for nail salon was valued at USD 10.1 billion in 2022 and is anticipated to grow at a CAGR of over 7.5% between 2023 and 2032.

The manicure segment is expected to grow at a CAGR of over 6.3% through 2032. The increasing focus on personal grooming and appearance has led to a higher demand for manicure services.

North America held a dominant market share of over 35% in 2022 and will continue to grow as the region is known for its innovative nail art and nail care techniques.

CND Shellac, Ella + Mila, Essie, EzFlow, Gelish, Jessica Cosmetics, Kiara Sky, LeChat Nail, Nail Bar & Co., OPI Products, Inc., Regal Nails, Sally Beauty Holdings, Inc., T & T Nails and Spa, Ulta Beauty, Inc., and Young Nails Inc.