The Latin America, Middle East and Africa Nail Art Printer Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
Manufacturers have been motivated to introduce new products by increased R&D investments and the trend toward natural ingredients. For instance, one of the industry's top brands, OPI, recently introduced its natural, non-GMO, and vegan nail paint to the market in August 2021. Young customers are anticipated to respond favorably to rising celebrity engagement in the promotion of eco-friendly cosmetics and personal care products, especially nail polish.
Millennials that spend a lot of time online have a strong preference for hotly debated articles, new products, and celebrity endorsements. In turn, this is probably going to present a tonne of potential for market growth over the projection period. Today, nail art is practically a universal trend that all fashionistas wear.
The LAMEA nail polish industry is expected to increase as a result of the rising female population and public awareness of e-commerce platforms. Users of social media are frequently exposed to images of idealized versions of themselves. Youth who actively share updates may put themselves in a position to receive compliments and have their appearance validated, resulting in higher self-esteem. Everyone in this period is concerned with enhancing their beauty because it was a component of becoming more popular.
The Brazil market dominated the LAMEA Nail Art Printer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10.9 Million by 2028. The Argentina market is exhibiting a CAGR of 6.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 5.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Nail Art Printer Market is Predict to reach $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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