The Latin America, Middle East and Africa Nail Salon Market would witness market growth of 10.6% CAGR during the forecast period (2023-2030).
Manicures and pedicures are less damaging to nail beds and have grown in popularity as salon trends. There is a chance for major manufacturers of color cosmetics to capitalize on the demand from older women. Given that an increasing percentage of the population is getting older in developed countries, nail manufacturing enterprises should target this market. For elderly clients, in particular, whose nails grow brittle with age, manufacturers in the industry must innovate and offer hydrating, strengthening, and smoothing goods such as nail moisturizers and cleansers.
Buyer inquiries for "cruelty-free," "vegan," and "plant-based" cosmetic products increase yearly. As more celebrities each year advocate a vegan lifestyle, vegan beauty products are growing in popularity. The industry for nail care items is very popular for vegan cosmetic goods. Consumers all over the region are becoming more and more enamored with the cruelty-free nail cosmetics produced by brands. The amount of people using self-care remedies and products to avoid these issues is growing as people become more aware of the bacteria and other maladies that afflict fingernails and toenails, regionally. Over the course of the projection period, these factors should accelerate market expansion.
The market is expanding due to increased consumer interest in personal care, changing social media or digital technology trends, and other factors. The growing acceptance of gel manicures and nail extensions has transformed personal nail care. Customers have been more tempted to switch to gel manicures by acrylic's polish-like appearance.
The market expansion might be ascribed to rising personal disposable income and female fashion trends. In addition, UAE residents' demand for nail care services is anticipated to rise due to expanding urbanization and rising consumer affordability. In the upcoming years, it is projected that the regional market will increase due to the high adoption of social media trends in nail art and new nail treatments like hot oil manicure and Brazilian manicures. In particular, in the UAE and Saudi Arabia, the rising consumer appetite for premium services is fueling the regional market's expansion.
The Brazil market dominated the LAMEA Nail Salon Market by Country in 2022; thereby, achieving a market value of $387.6 million by 2030. The Argentina market is exhibiting a CAGR of 11.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 10.3% during (2023 - 2030).
Based on Service, the market is segmented into Manicure, Pedicure, Fiberglass & Silk Wraps, UV Gel Overlays & Extensions and Acrylic Overlays & Extensions. Based on End User, the market is segmented into Women and Men. Based on Age Group, the market is segmented into 19 to 40, 41 to 60, Above 60 and Below 18. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Nail Salon Market is Projected to reach USD 19.4 Billion by 2030, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HM Nail Salon & Spa, Alluring Nails & Tanning, Milano Nail Spa The Height, Soho Beauty & Nail Boutique, J and J Nails & Spa, Hana Nail Spa, Shian Nails Beauty, Nail.a.holics nail salon & spa, LOTUS NAILBAR & SPA and ZAZAZOO Nail Salon.
By Service
By End User
By Age Group
By Country
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