Non-Toxic Nail Polish Market Overview
The worldwide non-toxic nail polish market size is expected to reach USD 2.78 billion by 2030, growing at a CAGR of 5.45% from 2022 to 2030.
The growing female population has increased the need for nail polish all over the globe. Nail polish is chosen by customers based on their favorite nail art. The market for nail polish is expected to increase in the next years as customers place a stronger focus on nail care and utilize multi-color enamels for their fingers as well as toenails.
Market segmentation
The market is divided into groups dependingon the type of product, finish, distribution channel,and geography.
By product type
The market is divided into base coat, gel, topcoat,and other product types. Because of its widespread popularity, the base coat sector has the biggest worldwidemarket share.
By Finish
Depending on the finish, the market is divided into glossy, glitter, matte,satin, as well as other categories. Since it is the preferred choice of many clients, the glossy, as well as matte divisions, operate well.
By Distribution Channel
The distribution channel is divided into store-based as well as non-store-based categories, with specialty stores, hypermarkets, supermarkets, and others falling within the store-based category. The store-based category will increase at the fastest rate since most people like to shop in stores; this aspect is driving the segment's expansion.
Regional Analysis
The non-toxic nail polish market is gaining traction in key regions such as Europe, North America, Asia Pacific, and the rest of the world. North America is expected to hold the greatest share of the market, with a better CAGR percent, amongstthese primary reasons. The United States and Canada, among other North American areas, are driving the continent's regional market expansion. In the world market, the European market is predicted to rise significantly. During the predicted period, other areas like the Asia Pacific, South America, the Middle East, and Africa also exhibit consistency.
Industry news
The increased demand for non-toxic nail polish has resulted from consumer awareness of the negative effects of chemicals utilizedin nail lacquer. Nail polishes are lacquers that are used to beautify fingers and toenails and are available in a range of colors and shapes. Non-toxic nail polish is made using organic materials and includes no or very few potentially dangerous additives.
Additionally, consumers with chemical allergies are increasingly resorting to non-toxic nail paints. Since they are toluene,carcinogens, and formaldehyde, dibutyl phthalate,are regarded as the "toxic trinity." These chemicals have the potential to harm both the brain and reproductive systems.
Non-Harmful Nail Polish Market key players are working hard to develop nail polish qualities that make it less toxic. Before actually putting the product on the market, the makers work on identifying and removing hazardous chemical content from the nail polish. The non-toxic nail polish contains a trace amount of harmful compounds. To satisfy today's fashion statement, the market is attempting to work on the fundamental chemicals utilized in nail polish to entice the nails without the usage of dangerous chemicals. The players are concentrating their efforts on developing new and creative products which are non-toxic to humans. They are attempting to make them available in all parts of the globe.
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