Regional Analysis
- North America is expected to be the largest market for nail care market during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is due to the high spending capacity of consumers and presence of major brands in the region.
- The Asia Pacific market is expected to be the second-largest market for nail care market, accounting for over 25% of the market share in 2023. The growth of the market in Asia Pacific is due to the rising middle-class population and increasing adoption of western lifestyle.
- The Europe market is expected to be the fastest-growing market for nail care market, with a CAGR of over 20% during the forecast period. The growth of the market in Europe is due to the growing interest in fashion and increasing number of working women.
Figure 1. Global Nail Care Market Share (%), By Region, 2023