The Asia Pacific Nail Art Printer Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Personal care and cosmetics are frequently used in significant amounts. Personal hygiene products, cosmetics, and other chemicals are consequently continuously and covertly dumped into the environment. These bioactive substances have an overall effect on the lives of living things since they are highly persistent in nature and may also bioaccumulate. A product that is applied externally to the body, like the skin, nails, lips, or hair, is referred to as personal care or cosmetics.
Among millennials, nail art and extensions are increasingly important for grooming. Toe or fingernail decorations are made with nail paint. The nail polish market has grown in terms of value sales due to the simple accessibility of many brands, colors, and varieties through different distribution channels, such as specialty shops, supermarkets, hypermarkets, and others. Additionally, the population of working women is predicted to grow at a rapid rate throughout the forecast period, creating enormous prospects for market expansion.
During the projection period, the market for cosmetics was strengthened by expanded cosmetics manufacturing and production, as well as premium cosmetics research and development and creative cosmetic product development. Customers' rising needs for cosmetics as a result of using more of them on their skin and adopting more rigorous skincare regimens have enhanced market growth and raised the price of high-end cosmetics. These factors are driving the Nail Art Printer Market in Asia Pacific.
The China market dominated the Asia Pacific Nail Art Printer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $82.9 Million by 2028. The Japan market is estimated to grow a CAGR of 4.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.2% during (2022 - 2028).
Based on Product, the market is segmented into Built-in Computer Printer and Stamping Printer. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Nail Art Printer Market is Projected to reach USD 689.2 Million by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fingernails2Go (Loft Crag N.I Ltd), Funai Electric Co., Ltd., Guangzhou Taiji Electronic Co., Ltd., Shenzhen Tuoshi Network Communications Co., Ltd., Nailgogo, Yinghe Electronic Instruments Co, Ltd, and Koizumi Seiki Corporation.
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