UV Nail Gel Market Share, Size, Global Analysis Report, 2024-2032
UV Nail Gel Market Share, Size, Global Analysis Report, 2024-2032

UV Nail Gel Market Share, Size, Trends, Industry Analysis Report, By Application (Commercial (Salons), Personal), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 116
  • Format: PDF
  • Report ID: PM4293
  • Base Year: 2023
  • Historical Data: 2019 – 2022

Report Outlook

The global UV nail gel market was valued at USD 5,564.03 million in 2023 and is expected to grow at a CAGR of 7.6% during the forecast period. The beauty and fashion industry's influence on consumer preferences and the desire for aesthetically pleasing nails have driven the demand for UV nail gel polish market.

UV nail gel polish is a type of nail polish that is cured under ultraviolet (UV) light. It is known for its durability, long-lasting shine, and quick drying time compared to traditional nail polishes. UV nail gel polish is a type of nail enhancement product known for its durable and long-lasting qualities compared to traditional nail polish. It has gained popularity for its ability to provide a glossy and chip-resistant finish that can endure daily activities for an extended period.

UV nail gel polish is a formulation of nail polish that typically contains photo-initiators. These photo-initiators react to UV light, causing the polish to cure or harden quickly. This curing process enhances the durability and longevity of the manicure.

Companies in the UV nail gel polish market continually introduce new colors, formulations, and application techniques to meet evolving consumer preferences. The availability of UV nail gel polish in various retail channels, including salons, spas, and retail stores, contributes to market growth.

UV Nail Gel Market Size

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Some consumers and professionals have expressed concerns about the potential health risks associated with the use of UV light during the curing process. Companies may address these concerns through product innovation and safety certifications. Traditional nail polish, nail wraps, and other nail enhancement methods pose competition to the UV nail gel polish market.

Major players in the UV nail gel polish market include both established cosmetic brands and niche players. Companies often differentiate themselves through color offerings, formulation quality, and marketing strategies. Compliance with regulatory standards and certifications is crucial for companies in the UV nail gel polish market, considering the cosmetic nature of the product. The market is expected to continue evolving with advancements in formulations, technology, and sustainability considerations. Consumer awareness of product ingredients and environmental impact may shape future trends.

Growth Drivers

  • Growing awareness regarding nail care and the rising consciousness for aesthetics

The UV nail gel polish market is experiencing a significant surge in growth, driven by the growing awareness regarding nail care and an increasing consciousness of aesthetics among consumers. As individuals become more attuned to the importance of maintaining healthy and well-groomed nails, the demand for innovative and long-lasting nail solutions, such as UV nail gel polish, is on the rise.

The heightened awareness of nail care practices has led consumers to seek products that not only provide cosmetic enhancements but also contribute to the overall health of their nails. UV nail gel polish, known for its durability and chip-resistant properties, has emerged as a popular choice among individuals looking for a solution that combines both aesthetic appeal and long-term nail health. The market is witnessing a paradigm shift as consumers prioritize products that not only enhance the appearance of their nails but also offer protective benefits.

The influence of the growing awareness regarding nail care is evident in the changing consumer behavior, with an increasing number of individuals incorporating UV nail gel polish into their beauty routines. The market is responding to this trend by introducing a wide range of colors, finishes, and formulations that cater to diverse consumer preferences. Manufacturers are emphasizing the incorporation of nourishing ingredients in UV nail gel polish formulations, aligning with the evolving consumer mindset that seeks products contributing to overall nail wellness.

The UV nail gel polish market is thriving due to the symbiotic relationship between the growing awareness regarding nail care and the rising consciousness of aesthetics. As consumers become more discerning about the products they use on their nails, the market is adapting to meet their demands by offering innovative, long-lasting, and health-conscious solutions. The intersection of beauty and wellness is shaping the trajectory of the UV nail gel polish market, making it a dynamic and evolving segment within the broader beauty and personal care industry.

Report Segmentation

The market is primarily segmented based on application, distribution channel and region.

By Application

By Distribution Channel

By Region

  • Commercial (Salons)
  • Personal
  • Online
  • Offline
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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By Application Analysis

  • Commercial (Salon) applications held the largest market share in 2023

Commercial (Salon) applications for UV Gel Nail Polish have gained widespread popularity due to their advanced formulations and professional-grade quality, contributing significantly to the growing demand in the market. These applications offer numerous benefits, such as enhanced durability, a smoother finish, and a longer-lasting shine compared to traditional nail polishes. The specialized nature of salon-grade UV Gel Nail Polish ensures that clients receive a high-quality and professionally executed manicure, which is often challenging to achieve with at-home products.

The increasing demand for commercial salon applications in the UV Gel Nail Polish market can be attributed to the rising trend of professional nail care services. As consumers increasingly prioritize well-groomed and long-lasting nail aesthetics, salons equipped with these high-performance products are better positioned to cater to this demand. The allure of salon-quality results, combined with the expertise of trained nail technicians, creates a compelling proposition for customers seeking a premium and lasting nail enhancement experience.

By Distribution Channel Analysis

  • The online segment is grown prominently over the forecast period

The global surge in online sales, propelled by the thriving e-commerce industry and widespread internet access, has become a defining feature of contemporary commerce. This exponential growth is not only a testament to the convenience offered by online platforms but also a reflection of the increasing global connectivity. The proliferation of internet infrastructure has empowered consumers worldwide to explore and purchase products with unprecedented ease. In this landscape, online distribution channels have emerged as key drivers of sales, providing a seamless and efficient means for consumers to access a diverse array of products.

Within this expansive online marketplace, the UV Gel Nail Polish market has experienced a notable upswing in demand. The online distribution channels play a pivotal role in fostering this growth. The virtual storefronts offer an extensive product range, allowing consumers to browse through a multitude of UV Gel Nail Polish brands and variants. The accessibility of these products at the click of a button enhances consumer choice, contributing to the overall expansion of the UV Gel Nail Polish market.

Regional Insights

  • North America region held the largest share of the global market in 2023

The North American U.V. nail gel polish industry is experiencing substantial growth, driven by the expanding nail care sector, technological advancements, the thriving fashion industry, and the increasing preference for gel over acrylics. Factors such as the introduction of new and improved products by suppliers, enhanced techniques leading to reduced U.V. nail gel prices, and the growing demand for fashion present new opportunities in the U.V. nail gel market. Consumers in countries like the U.S. and Canada are willing to pay premium prices for a more appealing appearance, contributing significantly to the market's growth in this region

The Europe region projected to grow at the rapid pace. There is a visible shift in consumer preferences towards naturally manufactured products, particularly noticeable in countries like the UK and Germany. This inclination is expected to drive demand for UV nail gel polish, with consumers seeking products that align with their preferences for natural ingredients and formulations. Thus, the rising consumer preference for vegan products in the UK and Germany presents a significant opportunity for market growth

Companies like InterNail, with a commitment to Quality Made in Germany, outstanding customer service, and over 20 years of continuous innovation, contribute to the market with UV & LED gels that are not only 8-free but also vegan and cruelty-free. It aligns with the broader trend of conscious consumerism, where individuals seek products that prioritize ethical and sustainable practices. In addition, European premium brands like Professional Nail Boutique (PNB) introduce products such as PNB UV/LED Ice IQ Gel in shades like sparkling rose, catering to the luxury segment and presenting opportunities for nail stylists to explore the new generation of intellectual gel shades.

Key Market Players & Competitive Insights

The UV nail gel market is characterized by intense competition, with numerous manufacturers holding a significant portion of the market share. Key business strategies employed by market participants to sustain and expand their global presence include product launches, approvals, strategic acquisitions, and innovations.

Some of the major players operating in the global market include:

  • Alessandro International
  • Armbruster Associates Inc.
  • CHEMENCE
  • Creative Nail Design (CND)
  • Crystal Nails UK
  • Glam Nails
  • Keystone Industries
  • Light Elegance
  • OPI
  • Sheba Nails

Recent Developments

  • In September 2023: Light Elegance has announced new distribution partners for the UK and Ireland and have launched a new website to deal with UK sales directly. The aim is to expands its products portfolio in region.
  • November 2022: CND launched the ColorWorld Collection, showcasing fourteen new shades in both SHELLAC and VINYLUXTM. This collection catalyzes professionals' expression of their creativity. The SHELLAC includes a Base Coat, Color Coat, and Top Coat, all complemented by the exclusive CND LED Lamp.

UV nail gel Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 5,969.09 million

Revenue forecast in 2032

USD 10,793.03 million

CAGR

7.6% from 2024– 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Application, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

FAQ's

key companies in UV nail gel market are Creative Nail Design (CND), Keystone Industries, OPI, CHEMENCE, Armbruster Associates Inc., Alessandro International

The global UV nail gel market is expected to grow at a CAGR of 7.6% during the forecast period.

The UV nail gel market report covering key segments are application, distribution channel and region.

key driving factors in UV nail gel market are Growing awareness regarding nail care and the rising consciousness for aesthetics

The global UV Nail Gel market size is expected to reach USD 10,793.03 million by 2032