The global market for Nail Salons was valued at an estimated US$10.1 Billion in 2023 and is projected to reach US$15.0 Billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the nail salon market is driven by several factors, including increased disposable incomes, changing fashion trends, and an expanding demographic interest across genders and age groups. The rise of disposable income allows more frequent visits to nail salons for upkeep and luxury treatments, which has been instrumental in market expansion.
Fashion trends play a crucial role as well; for instance, the popularity of intricate nail designs has encouraged more individuals to seek professional nail art services regularly. Lastly, as beauty and personal care regimens become more inclusive, nail salons are experiencing a broader and more diverse client base, boosting industry growth. This dynamic market continues to evolve with consumer preferences, pushing boundaries in creativity and service offerings to cater to a wide range of beauty needs.
The growth in the nail salon market is driven by several factors, including increased disposable incomes, changing fashion trends, and an expanding demographic interest across genders and age groups. The rise of disposable income allows more frequent visits to nail salons for upkeep and luxury treatments, which has been instrumental in market expansion.
Fashion trends play a crucial role as well; for instance, the popularity of intricate nail designs has encouraged more individuals to seek professional nail art services regularly. Lastly, as beauty and personal care regimens become more inclusive, nail salons are experiencing a broader and more diverse client base, boosting industry growth. This dynamic market continues to evolve with consumer preferences, pushing boundaries in creativity and service offerings to cater to a wide range of beauty needs.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Manicure & Pedicure Services segment, which is expected to reach US$6.7 Billion by 2030 with a CAGR of a 5.5%. The Nail Extension Services segment is also set to grow at 6.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.8 Billion in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $3.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Nail Salons Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Nail Salons Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Nail Salons Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alluring Nails and Tanning, Base Coat Nail Salon, Endless Nail Salon, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 42 Featured):
- Alluring Nails and Tanning
- Base Coat Nail Salon
- Endless Nail Salon
- Gossip and Co. Nail Spa
- Hana Nail spa
- HM Nail Salon and Spa
- JandJ Nails and Spa, Inc.
- LOTUS NAILBAR and SPA
- Milano Nail Spa The Height
- Nail Salon PINKY
- Nailaholics Nail Salon and Spa
- Origins of Beauty, Spa and Salon
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Alluring Nails and Tanning
- Base Coat Nail Salon
- Endless Nail Salon
- Gossip and Co. Nail Spa
- Hana Nail spa
- HM Nail Salon and Spa
- JandJ Nails and Spa, Inc.
- LOTUS NAILBAR and SPA
- Milano Nail Spa The Height
- Nail Salon PINKY
- Nailaholics Nail Salon and Spa
- Origins of Beauty, Spa and Salon
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 378 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 10.1 Billion |
Forecasted Market Value ( USD | $ 15 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |