Nail Polish Remover Market: Industry Analysis and Opportunity and Forecast to 2027


Posted April 15, 2021 by Vaibhavwa_mrfr21

MarketResearchFuture Presents “Nail Polish Remover Market Research Report –Global Forecast to 2027” New Document to its Studies Database
 
Market Scenario

According to MRFR, the global Nail Polish Remover Market is expected to register a growth rate of 3.4% over the forecast period. The market is also expected to secure a value of approximately USD 1.2 million by the end of 2024.

Market Highlights

Consumers are looking for a different look and style to paint their nails as the beauty patterns shift. Including glitter, gloss, metallic nail polishes and other items such as stick-on tattoos, this method includes various nail arts. As this trend is growing among consumers, there is also expected to be increasing demand for nail polish removers.

Numerous consumer companies concentrate on their research and development efforts to deliver a new and creative product category, which is easy to use. Therefore more customers are drawn to engage in goods as simple as they are. Changes in growing beauty industries are also leading to increased demand for innovative products. Thus, during the forecast period, certain factors are projected to fuel the development of the nail polish remover industry.

Competitive Dashboard

The major players of the global nail polish remover market are Elif Cosmetics Ltd (Turkey), Industrie Pagoda SRL (Italy), Lakmé (Unilever PLC) (India), Maybelline LLC (L'Oréal S.A.) (US), Colorbar Cosmetics Pvt. Ltd (India), Kara (Future Consumer Limited) (India), Innisfree Corporation (South Korea), Faces Cosmetics Inc (Canada), Komal Manufacturing Chemists Pvt. Ltd. (India), Orly International, Inc (US), Kiko Cosmetics Retail Private Limited (Italy), Karma Organic Spa (US), Kure Bazaar SAS (France), Miss Claire Cosmetics (Poland), O·P·I (Coty, Inc) (US), and others.

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Market Segmentation

The global nail polish remover market segmentation has been divided as distribution channel, category, product type, form, and region.

On the basis of product type, the global market has been categorized as ethyl acetate, acrylic, acetone, and others.

On the basis of category, the global market has been divided as natural and synthetic.

On the basis of form, the market has been segregated into the cotton pads, liquid, and others.

On the basis of the distribution channel, market has been bifurcated into store-based and non-store-based. The store-based sector has further been divided into specialty stores, supermarkets and hypermarkets, and others.

Regional Analysis

During the research era, the North American market is projected to account for the largest revenue share of the global nail polish remover market due to the increasing professional composition of an industry which subsequently leads to a rise in the region's purchase of nail polish remover. However, due to evolving fashion trends customers are opting for various makeup items to enhance their overall look, the Asia-Pacific Nail polish remover market is expected to record the highest CAGR during the forecast timeframe. Even the customer's inclination for various nail items, like a specific style of nail polish such as glitter, gloss, shine, includes a nail polish remover that will easily extract nail polishes. In fact, the introduction in the area of an innovative variety of nail polish remover is stimulating the development of the Nail polish remover industry.

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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Issued By MRFR
Business Address Office No. 528/524, Amanora Chambers, Magarpatta Road, Hadapsar Pune, Maharashtra 411028
Country India
Categories Retail
Tags nail polish remover market
Last Updated April 15, 2021