Water based nail polish refers to nail varnish. It is a lacquer used to decorate the nails of the fingers or toes. Water based nail polish is also used for the protection of nail plates. It is generally available in multiple colors. The rise in the population of women has boosted demand for nail polish across the globe. Consumers are opting for water based nail polish based on their choice of nail art.
MARKET DYNAMICS
Rise in the emphasis on nail care and usage of multi-color enamels on finger and toe nails by consumers are expected to drive demand for the water based nail polish market in the coming years. Factors such as increase in the popularity of fashion events and rise in awareness about grooming among women are also promoting the usage of water based nail polish. In addition, women working in the corporate sector are concerned about their appearance and therefore wear nail polish, which is also the driving factor for water based nail polish market.
MARKET SCOPE
The "Global Water Based Nail Polish Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the water based nail polish market with detailed market segmentation by finish and distribution channel. The global water based nail polish market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water based nail polish market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The water based nail polish market is segmented into finish, and distribution channel. By finish, the water based nail polish market is bifurcated into matte, glossy, metallic and others. By distribution channel, the water based nail polish market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the water based nail polish market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The water based nail polish market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the water based nail polish market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the water based nail polish market in these regions.
MARKET PLAYERS
The report covers vital developments in the water based nail polish market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the water based nail polish market are anticipated to lucrative growth opportunities in the future with the rising demand water based nail polish in the global market. Below mentioned is the list of few companies engaged in the water based nail polish market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water based nail polish market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Wella
- L'Oreal
- Dior
- CHANEL
- ANNA SUI DOWNTOWN
- Revlon
- Sally Hansen
- SOPHI
- Acquarella
- Habit Cosmetics