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Nail Care Services Market Size, Share, and Analysis, By Service Type (Manicures, Pedicures, and Others), By Service Provider Type (Individuals and Professionals), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI107299 | Status : UpcomingGrowing awareness regarding maintaining personal hygiene and cleanliness is mainly driving the nail hygiene and grooming-related services demand globally. In addition, the rising consumer demand for professional quality salon and spa services is further accelerating the market growth.
- According to the data published by Global Wellness Institute Organisation (GWI), in 2019, the global population's spending on hotel & resort-owned spa services reached USD 111.00 billion, 8.7% up over the previous year.
Furthermore, the rising number of salon and spa clinics offering nail enlargement and nail art services is likely to support the services' revenues globally. Also, an increasing number of nail technicians is likely to accelerate the nail art services revenues and favor the global market growth.
- As per the data prepared by the Bureau of Labor Statistics (BLS), as of 2021, the number of employed manicurists and pedicurists reached 120,540 in the U.S.
In addition, the continual L’Oréal S.A., Coty, Inc., IL Cosmetics, and other cosmetic products makers' provision of the professional quality nail lacquers, base coats, and top coats to the salons & spa clinics is likely to support the overall nail care services industry growth.
- For instance, in October 2021, Hermès International S.A. introduced a collection of professional quality, vegan formula-based nail enamels of 24 different colors, a base coat, a top coat, nourishing cuticle oil, and reparative hand cream.
- In May 2022, Nails.INC., in partnership with Magnum, a Belgium-based ice cream brand, launched a line of chocolate scented nail polishes inspired by its new Magnum Ice Cream Duet bars.
Nowadays, salons are offering discounted nail care services to influence men consumers' preference toward availing salon-quality nail enlargement, manicure, and pedicure services. These companies' initiatives are expected to fuel market growth.
- For instance, in November 2019, Nail Studio Sunday, a Manhattan, U.S.-based nail care services provider, launched Manicure Mondays, a 20% discounted nail maintenance service to influence its mail clients toward availing such services.
Impact of COVID-19 on the Nail Care Services Market
Closure of salon and spa settings due to COVID-19-related lockdown restrictions in many countries has impacted the nail care services revenues globally. In addition, the adherence to social distancing norms and the threat of coronavirus infection have significantly lowered the consumers' travel & tourism spending, thereby hampering the nail care services demand among hotels & resort settings globally.
- For instance, World Tourism Organisation (WTO), a United Nations specialized agency, reported 73% decline in international tourist arrivals due to COVID-19 related lockdown restrictions globally.
- The decline in the number of tourist arrivals in 2020 by sub-region are as follows:
- Caribbean – 37%
- Southern Mediterranean Europe – 54%
- Central America – 56%
- Africa – 74%
- Asia and Pacific – 94%
However, continual medical professionals' recommendation of maintaining personal hygiene and cleanliness practices amid the COVID-19 pandemic has supported the nail pedicure and manicure services demand internationally.
Key Insights
The report will cover the following key insights:
- Salon and spa services industry overview
- Nail care products industry overview
- Regulatory landscape
- Recent industry developments – services launch, expansion & partnership, merger & acquisition
- Impact of COVID-19 on the nail care services market
Analysis by Service Type
The others segment includes various services such as nail extensions, nail polishing, and nail art. The others segment is expected to hold a major market share due to significant number of women consumers opting for nail polishing and nail enlargement compared to other service types. In addition, the growing popularity of using nail art printers among salons is further likely to support the others segmental growth.
Analysis by Service Provider Type
The professionals segment is expected to hold a dominant share of the global market due to higher prices of professional quality nail salon services at resorts and other hospitality settings. Furthermore, growing hospitality infrastructural settings in many countries globally are further likely to support the segmental growth.
Regional Analysis
The Asia Pacific region is likely to lead the international market due to the presence of many salon and spa clinics and spa-goers in China and Japan supporting the services revenues in the region.
- According to the report 'Global Wellness Economy Monitor 2019' published by the Global Wellness Institute Organisation (GWI), as of 2019, there are more than 92,000 spa clinics in the Asia Pacific region.
In addition, the presence of many nail technicians and workers in China, Japan, and other Asian countries is likely to result in significant service demand in the region.
- According to the report ‘Development of Health & Safety Training for Vietnamese American Nail Salon Owners and Workers', published by medRxiv Organisation, as of 2021, 78% of the nail working professionals are from Asia Pacific.
Key Players Covered
The report includes the profiles of key players such as Nails Inc, Regis Corporation, Great Clips, Drybar Holdings LLC., Sports Clips Inc., Professionails N.V., Nail Sunny, GERRARD INTERNATIONAL, Kozma and Kozma Salon, Enrich, and Elayne James Salon.
Segmentation
By Service Type | By Service Provider Type | By Geography |
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Key Industry Developments
- In September 2021, SANDALS NAIL SPA, a U.S.-based nail care salon, launched its new 2,300 sq. ft. salon shop in Toledo, Ohio, U.S.
- In October 2021, DPhi, launched a luxury nail art service in Pune, India to expand its nail care services.
- In January 2022, N. Bar expanded its presence by opening a new store at Bond Street Chelmsford, U.K.
- Global
- 2023
- 2019-2022