India Nail Care Market to be Fueled by Nail Polish Segment During The Forecast Period
Rising awareness about personal grooming & hygiene and
increasing influence of social media platforms are the leading factors that
will drive the India Nail Care market in the forecasted years.
According to TechSci
Research report, “India Nail Care Market– By Region, Competition,
Forecast & Opportunities, 2029F,”India Nail Care market is forecasted to
grow at a faster rate during the forecast period due to rapid change in
purchasing pattern and rising preference for nail art products. The market's
growth is further stimulated by increasing number of working women, increasing
influence of social media, and rising demand for organic and vegan products.
The nail care products help consumers in
maintaining hygiene of nails. Nail Care products include nail polish, nail accessories,
nail strengthener, nail polish remover and others (artificial nails, nail
polish accessories etc.). These products help in maintaining the appearance of nails.
The demand for nail care products in
India has been driven by increasing number of working women, growing influence
of social media platforms, availability of wide range of products, and changing
lifestyle.
Though the market is primarily driven by
urban areas, there is also a growing demand from rural areas. The nail care
industry in India is expected to see continued growth, driven by increasing
consumer awareness, new product launches, and growing demand for professional
nail care services. There has been a significant increase in demand for nail
art in India in recent years. Nail art has become a popular trend among women
of all ages, and now there are many salons and nail art parlors across the
country offering a variety of nail art services.
The availability of a wide range of nail
art tools and accessories, such as nail stickers, nail polish pens, and
rhinestones, has also made it easier for people to experiment with different
designs. Another factor contributing to the popularity of nail art is the
increasing focus on personal grooming and self-expression among Indian women
due to increasing number of working women. Nail art allows women to express
their creativity and individuality while also enhancing their overall
appearance which helps to boost their confidence.
The nailcare market is divided into
various segments based on product type. Nail polish is a cosmetic product that
is applied to the nails to add color and shine. It comes in a wide range of
colors and finishes, including matte, glossy, and metallic. Nail strengthener
is a product that is applied to the nails to help strengthen and protect them.
It typically contains ingredients like protein, calcium, or vitamin E.
Indian customers are becoming more
conscious about personal grooming, which has increased demand for nail
care products. This gives companies the chance to broaden their product lines
and meet the demands of a growing customer base. Companies now have an
opportunity to grow their operations by providing competent nail care
solutions.
Additionally, consumers prefer buying
cosmetics from online sites rather than traditional stores. Customers are
choosing online sales channels over traditional ones due to their ease of
financing and the availability of many payment options.
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market data Figures spread through xx Pages and an in-depth TOC on "India Nail Care Market"
The India Nail Care Market is segmented based
on product type, distribution channel and region.
Based on product type, the market is
segmented into nail polish, nail accessories, nail strengthener, nail polish
remover and others (artificial nails, nail polish accessories etc.). The nail
polish segment dominates the market on the account of changing consumer
preference.
Based on distribution channel, the
market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Online,
Others (Beauty Salons etc.). The online segment is growing at faster rate on
the account of increasing online sales channels in India.
Based on region the market is segmented
into north, west, south, and east.
Key market players in the India Nail
Care market include:
- Modi-Mundipharma
Beauty Products Pvt. Ltd. (Revlon)
- Chanel (India)
Private Limited
- Amway India Enterprises
Private Limited
- Hindustan Unilever
Limited (Lakme)
- Colorbar Cosmetics
Private Limited
- Oriflame India
Private Limited
- Lotus Herbals Pvt.
Ltd.
- Brand Agency
(London) Ltd (Ciate London)
- Pureplay Skin
Sciences (India) Private Limited (Plum)
- L’oreal India
Private Limited
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“The growing demand for organic and
vegan nail care products is going to boost the India Nail Care market in
forecasted period. Market leaders are constantly launching new products and
brands to meet the changing consumer preference, which is expected to drive the
India Nail Care over the next few years. Additionally, increasing number of
working women, growing influence of social media platforms, and expansion of
ecommerce channel will positively impact the India Nail Care during the
forecast period.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India Nail Care Market, By
Product Type (Nail Polish, Nail Accessories, Nail Strengthener, Nail Polish
Remover and Others (Artificial Nails, Nail Polish Accessories etc.), By
Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online,
Others (Beauty Salons etc.), By Region, Competition, Forecast &
Opportunities, 2019-2029F”, has evaluated the future growth potential of Nail Care market
in India and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in India Nail Care market.
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