The Asia Pacific Artificial Nails Market would witness market growth of 12.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 57,612.3 thousand units, showcasing a growth of 15.2% (2020-2023).
Wrap nails involve the use of thin strips of material, typically fiberglass or silk, which are applied over the natural nail and then coated with a bonding agent to create a hardened, durable finish. This technique is used to reinforce weak or brittle nails or as a foundation for creating custom artificial nails. Wrap nails are favored for their lightweight and natural look, providing a comfortable feel compared to other artificial nail options. Hence, the China market is expected to utilize 15,300.7 thousand units of wrap nail type artificial nails by the year 2031.
The China market dominated the Asia Pacific Artificial Nails Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $281.1 Million by 2031. Japan market is registering a CAGR of 11.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 13% during (2024 - 2031).
Artificial nails serve a range of applications, spanning both cosmetic and functional purposes. Their popularity has expanded beyond fashion and beauty, making them vital in many personal care regimens and professional beauty services. The primary application of artificial nails is to enhance their aesthetic appeal.
Moreover, whether through adding length, improving shape, or simply covering up nail imperfections, artificial nails provide a quick and effective solution for individuals looking to achieve perfect nails. Acrylic and gel nails are especially popular for those seeking a customized, durable, and long-lasting manicure.
The Indian beauty and personal care industry is transforming significantly, with premium products gaining substantial traction in recent years. With a projected growth rate of 54% from FY21 to FY26, this sector is expected to become one of the fastest-growing segments of the overall market. As disposable incomes rise, particularly among the urban population, and with an increasing focus on self-care and grooming, consumers increasingly invest in high-quality beauty products. This transition to premium cosmetic products will directly affect the artificial nails market in India, as consumers are more inclined to invest in high-end artificial nails, including gel nails, acrylic nails, and customized nail art.
Free Valuable Insights: The Global Artificial Nails Market is Predict to reach USD 3.3 Billion by 2031, at a CAGR of 11.8%
Based on Type, the market is segmented into Press On Nails and Wrap Nails. Based on Material, the market is segmented into Acrylic Nails, Gel Nails, Dip Powder, and Other Materials. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Retail, and Other Distribution Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Material (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
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