PUBLISHER: Grand View Research | PRODUCT CODE: 1301257
PUBLISHER: Grand View Research | PRODUCT CODE: 1301257
Nail Salon Market Size, Share & Trends Analysis Report By Service (Manicure, Pedicure), By End-user (Men, Women), By Age Group (Below 18, 19 to 40), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 - 2030
Nail Salon Market Growth & Trends
The global nail salon market size is expected to reach USD 20.30 billion by 2030, registering a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. Maintaining nail health through regular care at a nail salon is not only a healthy habit but also a smart business investment. By providing professional nail services, salons contribute to preventing dry skin, addressing rough areas, and minimizing the occurrence of ingrown fingernails and toenails.Nail salons excel in addressing rough areas on the nails, which can occur due to various factors, such as exposure to harsh chemicals or improper nail care techniques. Through professional services, such as nail buffing, filing, and cuticle care, salons effectively smooth out rough edges, resulting in aesthetically pleasing nails. This attention to detail not only improves the appearance of the nails but also contributes to overall nail health.
Salons have strategically broadened their range of services to drive customer engagement and promote the sale of higher-value products and services. In addition, numerous nail salons now provide quirky comic nails featuring a 2D design, catering to the growing demand for trendy, 2D illusion nails among consumers. Akiko Nails, a U.S.-based grooming salon, offers various services featuring Japanese design techniques attracting individuals, who prefer to apply quirky designs, to the salon driving the industry growth. The male manicure, previously linked to rock and roll and punk culture, has transformed in recent years. Nail polish, once viewed as an accessory for iconic figures like David Bowie and Kurt Cobain, is now being embraced by mainstream artists, influencers, and celebrities.
Notably, individuals, such as MGK, Lil Yachty, and Lil Huddy, who have a significant presence in the music industry and social media, are not only incorporating nail polish into their regular appearance but also venturing into the market by launching their own products. This trend signifies a shift in the perception of male grooming and presents business opportunities within the market.Furthermore, membership-based models in the market aid in growth by fostering customer loyalty, providing a stable revenue stream, creating upselling opportunities, generating word-of-mouth referrals, enabling personalization, and establishing a competitive advantage. GlossLab, a Singapore-based nail salon operates on a membership-based model, offering unlimited manicures and polish changes each month. While open to all customers, GlossLab introduced memberships specifically for individuals who regularly seek nail services and require frequent visits for their nail care needs.
Nail Salon Market Report Highlights
- The market refers to the industry that offers various nail care services, including manicures, pedicures, nail extensions, nail art, and related treatments. This market encompasses a wide range of businesses, from small independent salons to larger chains or franchises
- The UV gel overlays and extensions segment is expected to grow at the fastest CAGR over the forecast period. UV gel overlays and extensions create natural-looking nail enhancements. The gel material is applied in thin layers and can be shaped and sculpted to match the natural nail bed or desired nail shape, resulting in a seamless and realistic appearance
- The below 18 years age group segment is expected to grow at the fastest CAGR over the forecast period. Individuals aged below 18 years who desire longer or more dramatic nails may opt for nail extensions. Nail salons offer options like acrylic or gel extensions to add length and enhance the appearance of the nails
- The men end-user segment is expected to grow at the fastest CAGR over the forecast period. As societal norms change, men are increasingly embracing activities that were traditionally associated with women. There is now less stigma surrounding men visiting nail salons, and it is becoming more widely accepted as a regular grooming practice
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Service Outlook
- 2.3. Regional Outlook
Chapter 3. Nail Salon Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Profit Margin Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier Power
- 3.4.1.2. Buyer Power
- 3.4.1.3. Substitution Threat
- 3.4.1.4. Threat from New Entrant
- 3.4.1.5. Competitive Rivalry
- 3.4.1. Industry Analysis - Porter's
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Service Adoption
- 4.5. Observations & Recommendations
Chapter 5. Nail Salon Market: Service Estimates & Trend Analysis
- 5.1. Service Movement Analysis & Market Share, 2022 & 2030
- 5.2. Nail Salon Market Estimates & Forecast, By Service (USD Million)
- 5.2.1. Manicure
- 5.2.2. Pedicure
- 5.2.3. Fiberglass & Silk Wraps
- 5.2.4. UV Gel Overlays and Extensions
- 5.2.5. Acrylic Overlays and Extensions
Chapter 6. Nail Salon Market: End-User Estimates & Trend Analysis
- 6.1. End-User Movement Analysis & Market Share, 2022 & 2030
- 6.2. Nail Salon Market Estimates & Forecast, By End User (USD Million)
- 6.2.1. Men
- 6.2.2. Women
Chapter 7. Nail Salon Market: Age Group Estimates & Trend Analysis
- 7.1. Age Group Movement Analysis & Market Share, 2022 & 2030
- 7.2. Nail Salon Market Estimates & Forecast, By Age Group (USD Million)
- 7.2.1. Below 18
- 7.2.2. 19 to 40
- 7.2.3. 41 to 60
- 7.2.4. Above 60
Chapter 8. Nail Salon Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2022 & 2030
- 8.2. North America
- 8.2.1. North America nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Key country dynamics
- 8.2.2.2. U.S. nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Key country dynamics
- 8.2.3.2. Canada nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. Key country dynamics
- 8.3.2.2. UK nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Key country dynamics
- 8.3.3.2. Germany nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. Key country dynamics
- 8.3.4.2. France nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. Key country dynamics
- 8.4.2.2. China nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. Key country dynamics
- 8.4.3.2. India nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Japan nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Central & South America nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Brazil nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.6. Middles East & Africa
- 8.6.1. Middles East & Africa nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 8.6.2. South Africa
- 8.6.2.1. Key country dynamics
- 8.6.2.2. South Africa nail salon market estimates & forecast, 2017 - 2030 (USD Million)
Chapter 9. Nail Salon Market: Competitive Analysis
- 9.1. List of key companies analyzed in this section includes:
- 9.1.1. Revive Nails & Massage Therapy
- 9.1.2. Alluring Nails & Tanning
- 9.1.3. Milano Nail Spa The Height
- 9.1.4. Soho Beauty & Nail Boutique
- 9.1.5. J and J Nails & Spa
- 9.1.6. Hana Nail
- 9.1.7. Shian Nails
- 9.1.8. Nailaholics
- 9.1.9. LOTUS NAILBAR & SPA
- 9.1.10. ZAZAZOO Nail Salon
- 9.2. Recent Developments & Impact Analysis, By Key Market Participants
- 9.3. Company Categorization
- 9.4. Participant's Overview
- 9.5. Financial Performance
- 9.6. Type Benchmarking
- 9.7. Company Market Share Analysis, 2022 (Value % Share)
- 9.8. Company Heat Map Analysis
- 9.9. Strategy Mapping
List of Tables
- 1. Nail salon market estimates & forecast, by service (USD Million)
- 2. Nail salon market estimates & forecast, by end user (USD Million)
- 3. Nail salon market estimates & forecast, by age group (USD Million)
- 4. U.S. macro-economic outlay
- 5. Canada macro-economic outlay
- 6. UK macro-economic outlay
- 7. Germany macro-economic outlay
- 8. France macro-economic outlay
- 9. China macro-economic outlay
- 10. India macro-economic outlay
- 11. Japan macro-economic outlay
- 12. Brazil macro-economic outlay
- 13. South Africa macro-economic outlay
- 14. Recent developments & impact analysis, by key market participants
- 15. Company market share, 2022 (Value % Share)
List of Figures
- 1. Nail salon market segmentation
- 2. Information procurement
- 3. Primary research pattern
- 4. Primary research approaches
- 5. Primary research process
- 6. Market Snapshot
- 7. Segment Snapshot
- 8. Competitive Landscape Snapshot
- 9. Nail salon market - Industry value chain analysis
- 10. Nail salon market dynamics
- 11. Nail salon market: PORTER's analysis
- 12. Nail salon market, by service: Key takeaways
- 13. Nail salon market, by service: Market share, 2022 & 2030
- 14. Nail salon market estimates & forecasts, by manicure, 2017 - 2030 (USD Million)
- 15. Nail salon market estimates & forecasts, by pedicure, 2017 - 2030 (USD Million)
- 16. Nail salon market estimates & forecasts, by fiberglass & silk wraps, 2017 - 2030 (USD Million)
- 17. Nail salon market estimates & forecasts, by UV gel overlays and extensions, 2017 - 2030 (USD Million)
- 18. Nail salon market estimates & forecasts, by acrylic overlays and extensions, 2017 - 2030 (USD Million)
- 19. Nail salon market, by end user: Key takeaways
- 20. Nail salon market, by end user: Market share, 2022 & 2030
- 21. Nail salon market estimates & forecasts, for men, 2017 - 2030 (USD Million)
- 22. Nail salon market estimates & forecasts, for women, 2017 - 2030 (USD Million)
- 23. Nail salon market, by age group: Key takeaways
- 24. Nail salon market, by age group: Market share, 2022 & 2030
- 25. Nail salon market estimates & forecasts, for below 18 years age group, 2017 - 2030 (USD Million)
- 26. Nail salon market estimates & forecasts, for 19 to 40 years age group, 2017 - 2030 (USD Million)
- 27. Nail salon market estimates & forecasts, for 41 to 60 years age group, 2017 - 2030 (USD Million)
- 28. Nail salon market estimates & forecasts, for above 60 years age group, 2017 - 2030 (USD Million)
- 29. Nail salon market revenue, by region, 2022 & 2030 (USD Million)
- 30. Regional marketplace: Key takeaways
- 31. North America nail salon market estimates & forecast, 2017- 2030 (USD Million)
- 32. U.S. nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 33. Canada nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 34. Europe nail salon market estimates & forecasts, 2017- 2030 (USD Million)
- 35. UK nail salon market estimates & forecasts, 2017 - 2030 (USD Million)
- 36. Germany nail salon market estimates & forecasts, 2017 - 2030 (USD Million)
- 37. France nail salon market estimates & forecasts, 2017 - 2030 (USD Million)
- 38. Asia Pacific nail salon market estimates & forecast, 2017- 2030 (USD Million)
- 39. China nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 40. India nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 41. Japan nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 42. Central & South America nail salon market estimates & forecast, 2017- 2030 (USD Million)
- 43. Brazil nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 44. Middle East & Africa nail salon market estimates & forecast, 2017- 2030 (USD Million)
- 45. South Africa nail salon market estimates & forecast, 2017 - 2030 (USD Million)
- 46. Key company categorization
- 47. Company market share analysis, 2022 (Value % Share)
- 48. Strategic framework
