Global Nail Salon Market is valued at approximately USD 10.97 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.00% over the forecast period 2023-2030. The nail salon market refers to the industry segment dedicated to providing nail care services, including manicures, pedicures, nail enhancements, and nail art. Nail salons are establishments where individuals can go to receive professional nail care and grooming services. The major driving factors for the Global Nail Salon Market are increasing disposable income, fashion and beauty trends and the growing beauty and wellness industry. Moreover, rising bridal and special occasion services and Urbanization and Changing Lifestyles are creating lucrative growth opportunities for the market over the forecast period 2023-2030.
The rising number of weddings and especial occasions is driving the growth of the market. For instance, according to an estimate by the Confederation of All India Traders, over 3.2 million weddings were held in between November 14 and December 14. Along with this, the personal care industry is also growing which is driving the growth for the market over the forecast period 2023-2030. For instance, according to Statista, in 2020, the personal care industry was valued at USD 224.30 billion which is forecasted to be USD 289.90 billion in 2026. However, intense level of competition in the Nail Salon Market might stifle the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Nail Salon Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is dominating market for nail salons, in 2022, with countries like the United States and Canada witnessing a high demand for nail services. The market is driven by factors such as high disposable income, fashion consciousness, and the popularity of nail art. Nail salons in this region often offer a wide range of services, including manicures, pedicures, gel nails, acrylic nails, and various nail enhancements. The Asia Pacific region, including countries like China, Japan, South Korea, and India, in fastest CAGR in the nail salon market. Rising disposable incomes, urbanization, and changing consumer preferences towards grooming and beauty have contributed to the market expansion. Nail salons in this region often offer a mix of traditional and modern nail services, catering to local preferences and trends.
Major market players included in this report are:
- Regis Corporation
- LVMH Moet Hennessy Louis Vuitton SE
- Estee Lauder Companies Inc.
- Sally Beauty Holdings, Inc.
- ULTA Beauty, Inc.
- Drybar Holdings LLC
- DreamDry
- Great Clips, Inc.
- BSG Systems Group LLC (Beauty Systems Group)
- Bloomin' Brands, Inc.
Recent Developments in the Market:
- In February 2023, Metro Brands Limited, a footwear retail chain, is poised to revolutionize the footwear industry in India and transform the way consumers approach foot wellness care. The company has introduced BioFoot, a unique and first-of-its-kind brand offering custom foot solutions. The company would offer foot consultation, foot-scan, inhouse physiotherapist and medical pedicure.
Global Nail Salon Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Service, End-user, Age Group, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- 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 Service:
- Manicure
- Pedicure
- Fiberglass & Silk Wraps
- UV Gel Overlays and Extensions
- Acrylic Overlays and Extensions
By End-user:
By Age Group:
- Below 18
- 19 to 40
- 41 to 60
- Above 60
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Nail Salon Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Nail Salon Market, by Service, 2020-2030 (USD Billion)
- 1.2.3. Nail Salon Market, by End-user, 2020-2030 (USD Billion)
- 1.2.4. Nail Salon Market, by Age Group, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Nail Salon Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Nail Salon Market Dynamics
- 3.1. Nail Salon Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Disposable Income
- 3.1.1.2. Fashion and Beauty Trends
- 3.1.1.3. Growing Beauty and Wellness Industry
- 3.1.2. Market Challenges
- 3.1.2.1. Intense Competition
- 3.1.3. Market Opportunities
- 3.1.3.1. Bridal and Special Occasion Services
- 3.1.3.2. Urbanization and Changing Lifestyles
Chapter 4. Global Nail Salon 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. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Nail Salon Market, by Service
- 5.1. Market Snapshot
- 5.2. Global Nail Salon Market by Service, Performance - Potential Analysis
- 5.3. Global Nail Salon Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
- 5.4. Nail Salon Market, Sub Segment Analysis
- 5.4.1. Manicure
- 5.4.2. Pedicure
- 5.4.3. Fiberglass & Silk Wraps
- 5.4.4. UV Gel Overlays and Extensions
- 5.4.5. Acrylic Overlays and Extensions
Chapter 6. Global Nail Salon Market, by End-user
- 6.1. Market Snapshot
- 6.2. Global Nail Salon Market by End-user, Performance - Potential Analysis
- 6.3. Global Nail Salon Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
- 6.4. Nail Salon Market, Sub Segment Analysis
Chapter 7. Global Nail Salon Market, by Age Group
- 7.1. Market Snapshot
- 7.2. Global Nail Salon Market by Age Group, Performance - Potential Analysis
- 7.3. Global Nail Salon Market Estimates & Forecasts by Age Group 2020-2030 (USD Billion)
- 7.4. Nail Salon Market, Sub Segment Analysis
- 7.4.1. Below 18
- 7.4.2. 19 to 40
- 7.4.3. 41 to 60
- 7.4.4. Above 60
Chapter 8. Global Nail Salon Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Nail Salon Market, Regional Market Snapshot
- 8.4. North America Nail Salon Market
- 8.4.1. U.S. Nail Salon Market
- 8.4.1.1. Service breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Age Group breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Nail Salon Market
- 8.5. Europe Nail Salon Market Snapshot
- 8.5.1. U.K. Nail Salon Market
- 8.5.2. Germany Nail Salon Market
- 8.5.3. France Nail Salon Market
- 8.5.4. Spain Nail Salon Market
- 8.5.5. Italy Nail Salon Market
- 8.5.6. Rest of Europe Nail Salon Market
- 8.6. Asia-Pacific Nail Salon Market Snapshot
- 8.6.1. China Nail Salon Market
- 8.6.2. India Nail Salon Market
- 8.6.3. Japan Nail Salon Market
- 8.6.4. Australia Nail Salon Market
- 8.6.5. South Korea Nail Salon Market
- 8.6.6. Rest of Asia Pacific Nail Salon Market
- 8.7. Latin America Nail Salon Market Snapshot
- 8.7.1. Brazil Nail Salon Market
- 8.7.2. Mexico Nail Salon Market
- 8.8. Middle East & Africa Nail Salon Market
- 8.8.1. Saudi Arabia Nail Salon Market
- 8.8.2. South Africa Nail Salon Market
- 8.8.3. Rest of Middle East & Africa Nail Salon Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Regis Corporation
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. LVMH Moet Hennessy Louis Vuitton SE
- 9.3.3. Estee Lauder Companies Inc.
- 9.3.4. Sally Beauty Holdings, Inc.
- 9.3.5. ULTA Beauty, Inc.
- 9.3.6. Drybar Holdings LLC
- 9.3.7. DreamDry
- 9.3.8. Great Clips, Inc.
- 9.3.9. BSG Systems Group LLC (Beauty Systems Group)
- 9.3.10. Bloomin' Brands, Inc.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption