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Global UV Nail Gel Market to reach USD 78.73 million by the end of 2029.

Global UV Nail Gel Market Size study & Forecast, by Chemistry (Acrylate, Methacrylate, Cyanoacrylate) and Regional Analysis, 2022-2029

Product Code: OIRPC-48034833
Publish Date: 17-04-2023
Page: 200

Global UV Nail Gel Market is valued at approximately USD 49.77 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2022-2029. UV nail gels are artificial extensions worn on fingertips act as an alternative option for the acrylics. They use UV rays to cure the gel during the application. The UV Nail Gel market is expanding because of factors such as the growing nail care industry and the rising influence due to the entertainment and media industry.

As per Statista, revenue in the Nails segment amounts to USD 12.05 thousand in 2023. The market is expected to grow annually by 3.77% between 2023 to 2027. Furthermore, as of 2022, the Market size of beauty salons in the U.S reached a value of USD 53.6 billion. Another important component driving space increasing influence of the entertainment and media industry. As per Statista, in 2022, the Global influencer marketing value market was valued at a record 16.4 billion U.S. dollars. In addition, in the year of recovery from the effects of the global pandemic, the value of the media and entertainment market reached USD 2.34 trillion, experiencing a growth of 10.4 per cent compared to 2020 and expected to reach USD 2.93 trillion by the end of 2026. Also, advancements in fashion technology and constant change in Fashion trends would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of UV Nail Gel stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global UV Nail Gel Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players. According to the Statista, Revenue in the Cosmetics segment amounts to USD 0.02 million in 2023. The market is expected to grow annually by 3.74%. In global comparison, most revenue is generated in the United States USD 19,430 in 2023. Furthermore, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising fashion industry and growing awareness regarding nail care products in the market space.

Major market player included in this report are:
Creative Nail Design Inc,
Keystone Research and Pharmaceuticals Inc
OPI Products Inc
Chemence Limited
Armbruster Associates Inc
Alessandro International
Light Elegance
LW Nail Art Co. Ltd
Sheba Nail International
Crystal Nails

Recent Developments in the Market:
Ø In February 2023, Crystal Flush Nail Renewal Formula is the solution for thick, discolored nails caused by fungal infections. Our cutting-edge formula uses True Path Technology (TPT) to soften and reduce the thickness of the nail, quickly reversing the cosmetic damage.

Global UV Nail Gel Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Chemistry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Chemistry

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. UV Nail Gel Market, by Region, 2019-2029 (USD Million)
1.2.2. UV Nail Gel Market, by Chemistry, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global UV Nail Gel Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global UV Nail Gel Market Dynamics
3.1. UV Nail Gel Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing nail care industry Rising influence due to entertainment and media industry
3.1.2. Market Challenges High Cost of UV Nail Gel
3.1.3. Market Opportunities Advancements in fashion technology Constant Change in Fashion trend

Chapter 4. Global UV Nail Gel Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global UV Nail Gel Market, by Chemistry
6.1. Market Snapshot
6.2. Global UV Nail Gel Market by Chemistry, Performance – Potential Analysis
6.3. Global UV Nail Gel Market Estimates & Forecasts by Chemistry 2019-2029 (USD Million)
6.4. UV Nail Gel Market, Sub Segment Analysis
6.4.1. Acrylate
6.4.2. Methacrylate
6.4.3. Cyanoacrylate
Chapter 7. Global UV Nail Gel Market, Regional Analysis
7.1. UV Nail Gel Market, Regional Market Snapshot
7.2. North America UV Nail Gel Market
7.2.1. U.S. UV Nail Gel Market Chemistry breakdown estimates & forecasts, 2019-2029
7.2.2. Canada UV Nail Gel Market
7.3. Europe UV Nail Gel Market Snapshot
7.3.1. U.K. UV Nail Gel Market
7.3.2. Germany UV Nail Gel Market
7.3.3. France UV Nail Gel Market
7.3.4. Spain UV Nail Gel Market
7.3.5. Italy UV Nail Gel Market
7.3.6. Rest of Europe UV Nail Gel Market
7.4. Asia-Pacific UV Nail Gel Market Snapshot
7.4.1. China UV Nail Gel Market
7.4.2. India UV Nail Gel Market
7.4.3. Japan UV Nail Gel Market
7.4.4. Australia UV Nail Gel Market
7.4.5. South Korea UV Nail Gel Market
7.4.6. Rest of Asia Pacific UV Nail Gel Market
7.5. Latin America UV Nail Gel Market Snapshot
7.5.1. Brazil UV Nail Gel Market
7.5.2. Mexico UV Nail Gel Market
7.5.3. Rest of Latin America UV Nail Gel Market
7.6. Rest of The World UV Nail Gel Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Creative Nail Design Inc, Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Keystone Research and Pharmaceuticals Inc
8.2.3. OPI Products Inc
8.2.4. Chemence Limited
8.2.5. Armbruster Associates Inc
8.2.6. Alessandro International
8.2.7. Light Elegance
8.2.8. LW Nail Art Co. Ltd
8.2.9. Sheba Nail International
8.2.10. Crystal Nails

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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