
UV Nail Gel Market by Gel Type (Hard Gel, Soft Gel), Chemistry (Acrylate, Methacrylate), Distribution Channel, Application - Global Forecast 2024-2030
Description
UV Nail Gel Market by Gel Type (Hard Gel, Soft Gel), Chemistry (Acrylate, Methacrylate), Distribution Channel, Application - Global Forecast 2024-2030
The UV Nail Gel Market size was estimated at USD 99.65 million in 2023 and expected to reach USD 105.38 million in 2024, at a CAGR 5.81% to reach USD 147.98 million by 2030.
UV nail gel is a type of nail enhancement product that requires curing under ultraviolet (UV) light to harden its texture. UV nail gels undergo a chemical process known as curing when exposed to UV light. This process transforms the gel into a hard, durable coating over the natural nail, artificial nail extensions, or nail tips. UV nail gels are levered for their longevity, glossy finish, and resistance to chipping and smudging. Growth in the UV nail gel market is primarily driven by factors such as the rising emphasis on personal grooming and aesthetics, innovations in UV technology making nail gels more accessible and safer, and a surge in disposable incomes enabling consumers to spend on beauty services. The influence of social media and evolving fashion trends are pivotal in shaping consumer demand. However, the growth of UV nail gel faces concerns over UV exposure and its potential health risks, limited durability compared to traditional acrylic nails, and the professional expertise required for the application of UV nail gels. However, key players are exploring innovations in material sciences to improve the safety and performance features. Other key areas of development include developing more health-conscious formulations with minimal to no adverse effects, improving the ease of application to boost the home-use segment, and integrating sustainable practices in production and packaging.
Regional Insights
The U.S. and Canada lead the market in the Americas, characterized by high consumer spending on beauty and personal care products. In the U.S., demand for UV nail gels is driven by their durability and the appeal of at-home manicure kits. Canadian consumers prioritize health-conscious formulations, pushing brands toward safer, non-toxic nail gel options. Innovative subscription services and eCommerce platforms have enhanced product accessibility, further stimulating market growth in this region. Asia-Pacific presents significant growth opportunities, majorly fueled by countries such as China, Japan, and India. The market for UV nail gel in India, China, Japan, and South Korea is booming owing to increasing disposable incomes and a growing beauty-conscious demographic. The latest trend in China reveals a preference for longer-lasting, faster-curing formulas. Japan focuses on product innovation, with companies investing in bio-compatible gels and UV lamps with reduced skin exposure risks. India is witnessing an upsurge in professional salon services, with younger consumers driving demand for high-quality, branded UV nail gels. In Europe, environmental sustainability and product safety are vital to consumers, pushing manufacturers toward green formulations and packaging. The EU countries are observing a surge in vegan and cruelty-free nail products. The Middle East market is characterized by luxury beauty trends, with high demand for premium, imported brands.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the UV Nail Gel Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Rising disposable income and growing emphasis on personal grooming and appearance
- Expanding distribution channels and increasing online sales of UV nail gels
- High cost and availability of alternative products
- Introduction of new formulations and advanced UV nail gel products
- Emerging influence of social media and DIY trends among consumers
- Potential health risks associated with prolonged UV exposure
- Gel Type: Rising usage of soft gels for home use and consumers seeking convenience in removal and application
- Distribution Channel: Growing availability of UV nail gels across online platforms due to the ease of availability and convenience
- Chemistry: Increasing potential of methacrylates in UV nail gels due to superior adhesion properties
- Application: Rising proliferation of salons across the world leading to the expansion of UV nail gel in the commercial sector
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the UV Nail Gel Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the UV Nail Gel Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Sweet Squared Acquires Nail Brands from Louella Belle
Sweet Squared acquired the distribution rights, customer service, and educational responsibilities for an array of professional manicure and pedicure brands, including Artistic Nail Design, Footlogix, Belava, Famous Names, and Footsie, within the UK and Ireland. This acquisition from Louella Belle marks a significant expansion for Sweet Squared, enhancing its portfolio and reaffirming its commitment to providing top-tier products and support to beauty professionals across the region.
KISS Launches Salon X-tend LED Soft Gel System, a Salon-Quality Gel Nail Extension Experience At-Home
KISS Products Inc., a player in producing and distributing high-quality nail and lash products, launched its latest innovation, the Salon X-tend LED Soft Gel System. This development offers individuals the luxury of experiencing a salon-grade gel extension manicure from the comfort of their own homes. The new system empowers KISS customers to achieve professional manicure results without visiting a salon. This move underscores KISS Products Inc.'s commitment to providing top-tier beauty solutions that cater to the evolving needs of consumers.
Green Science Alliance Develops Plant-Based Vegan Gel Nails
Green Science Alliance Co., Ltd. made significant strides by introducing an innovative, plant-based vegan nail gel. This development aligns with the growing consumer demand for sustainable and eco-friendly beauty products and represents a shift toward more ethical and environmentally conscious production practices within the sector. The new vegan gel nail formulation is derived from natural plant sources, catering to the burgeoning market of consumers seeking beauty solutions that are effective and mindful of animal welfare and ecological impact.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the UV Nail Gel Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the UV Nail Gel Market, highlighting leading vendors and their innovative profiles. These include Alessandro International GmbH, Armbruster Associates Inc., BORN PRETTY, Chemence, Inc., CNC International B.V., Cosbeauty Co Ltd, CosFab GmbH, Coty Inc., Crystal Nails USA, Divage Fashion Srl, Faces Canada, GLAM Nails, Izabelle Hammon Limited, Keystone Industries, Light Elegance, L’OREAL S.A., McConnell Labs, Inc., Modelones, MOROVAN, Nail Alliance - North America, Inc., Nykaa E-Retail Private Limited, ORLY International, Inc., P&D UNITED COSMETICS CO., LTD, Plum Goodness, Revlon, Inc., Semilac UK, Sheba Nails, Swiss Beauty, United Beauty Products Limited, and Wella International Operations Switzerland Sàrl.
Market Segmentation & Coverage
This research report categorizes the UV Nail Gel Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Gel Type
- Hard Gel
- Soft Gel
- UV Nail Gel Base Coat
- UV Nail Gel Polish
- UV Nail Gel Top Coat
- Chemistry
- Acrylate
- Methacrylate
- Distribution Channel
- Offline
- Hypermarket
- Specialty Store
- Superstore
- Online
- Company Owned Websites
- E-commerce Websites
- Application
- Commercial/Salons
- Personal
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising disposable income and growing emphasis on personal grooming and appearance
- 5.1.1.2. Expanding distribution channels and increasing online sales of UV nail gels
- 5.1.2. Restraints
- 5.1.2.1. High cost and availability of alternative products
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of new formulations and advanced UV nail gel products
- 5.1.3.2. Emerging influence of social media and DIY trends among consumers
- 5.1.4. Challenges
- 5.1.4.1. Potential health risks associated with prolonged UV exposure
- 5.2. Market Segmentation Analysis
- 5.2.1. Gel Type: Rising usage of soft gels for home use and consumers seeking convenience in removal and application
- 5.2.2. Distribution Channel: Growing availability of UV nail gels across online platforms due to the ease of availability and convenience
- 5.2.3. Chemistry: Increasing potential of methacrylates in UV nail gels due to superior adhesion properties
- 5.2.4. Application: Rising proliferation of salons across the world leading to the expansion of UV nail gel in the commercial sector
- 5.3. Market Trend Analysis
- 5.3.1. Expanding chains of nail salons and high consumer expenses on nail care products driving the demand for UV nail gels in the Americas
- 5.3.2. Growing Popularity of K-beauty, J-beauty, and K-pop cultures with rising social media influence enhancing the scope of UV nail gels in the Asia-Pacific region
- 5.3.3. Well-established fashion and beauty industry and increasing disposable income in the EMEA region
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. UV Nail Gel Market, by Gel Type
- 6.1. Introduction
- 6.2. Hard Gel
- 6.3. Soft Gel
- 7. UV Nail Gel Market, by Chemistry
- 7.1. Introduction
- 7.2. Acrylate
- 7.3. Methacrylate
- 8. UV Nail Gel Market, by Distribution Channel
- 8.1. Introduction
- 8.2. Offline
- 8.3. Online
- 9. UV Nail Gel Market, by Application
- 9.1. Introduction
- 9.2. Commercial/Salons
- 9.3. Personal
- 10. Americas UV Nail Gel Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific UV Nail Gel Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa UV Nail Gel Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Sweet Squared Acquires Nail Brands from Louella Belle
- 13.3.2. KISS Launches Salon X-tend LED Soft Gel System, a Salon-Quality Gel Nail Extension Experience At-Home
- 13.3.3. Green Science Alliance Develops Plant-Based Vegan Gel Nails
- 13.3.4. Bio Sculpture Launches Limited-edition Nail Polish to Celebrate New Brand Cloudcha
- 13.3.5. Semilac's UV Gel Polish Collection Launched Exquisite Range of Semilac UV Gel Polish
- 13.3.6. PLA Nails Expands to Non-Salon Customers with the Launch of 10-Free and HEMA-Free Nail Lacquer Line
- 13.3.7. Light Elegance Launches Winter 2024 Collection
- 13.3.8. White Claw and Nails.Inc Launch Colorful Nail Polish Collection With a ‘Claw Saver’ Can Opener
- 13.3.9. Perfect Corp. Partners with French Green Beauty Brand Manucurist to Bring Nail Polish Products through Hyper-Realistic AR Nail Virtual Try On
- 13.3.10. Allnex Announces the Acquisition of a Manufacturing Site in Maharashtra, India
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
Pricing
Currency Rates
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