Global Manicure Set Market Worldwide Industry Analysis, Future Demand and Forecast till 2028
The manicure set market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028). A manicure kit is a collection of different instruments for beautifying nails that are often carried in a purse or box. There are two types of them: Unisex refers to clothing that is suitable for both men and women. Female-specific devices, such as cuticle nippers, are scaled and fashioned exclusively for female hands. The increase in the number of nail salons and beauty bars is a significant element driving market expansion. The rising per capita and disposable incomes are expected to drive global manicure set market growth during the forecast period. The global market for manicure sets will rise as people become more conscious of health risks, particularly hand washing.
The global manicure set market is segmented based on the application and distribution channel. Based on the type, the market is sub-segmented into unisex and female. Based on the application, the market is sub-segmented into nail salons & beauty bars, spa centres, hotels, households, and others. Based on the distribution channel, the market is augmented the online and offline. Among these segments, the nail salons & beauty bars segment is expected to propel the growth of the market. Manicure Sets are used in nail salons and beauty bars to provide consumers with a comprehensive spa experience. The manicure kit includes all of the necessary nail-care instruments. These kits feature everything from cuticle trimmers to brow shaping scissors, allowing users to skip many trips to the beauty supply store whether getting ready for big occasions or just regular living.
The major market players in the global manicure set market are Sephora USA Inc., The Body Shop International Ltd., D’Marge Ltd., Venus Beauty Pte Ltd., Cotton on USA Inc. Fu Hong Industries Ltd., Truefitt and Hill SG, Stargazer Cosmetics, Far East (Wu’s) Industrial Co. Ltd., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2019, in addition to the salon’s extensive services and remarkable commitment to vegan, cruelty-free, and 7-free manicures, Olive & June launched a new line of products. The Studio Box is Olive & June’s newest dazzling product introduction. This 10-piece Millennial Pink kit is not only the newest, chicest thing to hit your vanity, but it’s also packed with everything users need to fulfill their wildest at-home manicure fantasies.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Sephora USA Inc., The Body Shop International Ltd., D’Marge Ltd., Venus Beauty Pte Ltd., Cotton On USA Inc. Fu Hong Industries Ltd., Truefitt and Hill SG, Stargazer Cosmetics, Far East (Wu’s) Industrial Co. Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Manicure Set Market Report by Segment
By Application
- Nail Salons & Beauty Bars
- SPA Centers
- Hotels
- Households
- Others
By Distribution Channel
- Online
- Offline
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