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Non-toxic Nail Polish Market 2019 Latest Trends: Brand Review, Consumer Feedback, Demand, Product Scope, Gross Margin & Complete Research Report Forecast 2023

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Global Non-Toxic Nail Polish Market Information By Type (Base Coat, Top Coat, Gel, Matte, Shellac), By Finishing (Shimmer, Glitter, Lustre, Frost), By End Use (Individuals, Nail Art Institution) By Distribution Channels (Store Based And Non-Store Based) And By Region Industry Forecast Till 2023

Market Definition:

Non-toxic nail polishes are lacquers which are applied to human fingernails or toenails. These types of polishes have gained prominence due to preference of lacquer devoid of chemicals. To this effect, some manufacturers have advertised their products as 5-free or 3-free. The Global Non-Toxic Nail Polish Market report by Market Research Future (MRFR) outlines trends and opportunities within the market.

Market Outlook

The global non toxic nail polish market is expected to expand at a stellar rate till 2023 due to consumer awareness. Changing lifestyles and preference of nail polishes manufactured from natural or organic means are likely to drive market growth. The popularity of such lacquers among pubescent demographic is expected to foster market demand from 2017 to 2023. The health risks posed by toluene, dibutyl phthalate, and formaldehyde are predicted to transform labeling guidelines and bolster the market. Moreover, inclination of women buying various shades or colors of paints for their nails coupled with the obsession over external appearances can boost the non-toxic nail polish market growth.

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Competitive Outlook

Prominent names include

Art of Beauty Inc.
Suncoat Products Inc.
Rockhouse Industries Inc.
Honeybee Gardens Inc.
RGB Cosmetics
Karma Organic Spa
Shenzhen MRB Cosmetics Co. Ltd.

and others.

Industry News

Nail care manufacturers have developed lacquer with a water base adhering to preference of chemical-free polishes. For instance, Suncoat has followed this production methodology since 2001 and has an impressive following in the peelable nail polish segment.

Segmentation

The Global Non-Toxic Nail Polish Market is segmented by Type, Finishing, End-Use, and Distribution Channel.

By Type, it is segmented into top coat, base coat, matte, shellac, gel, and others. Top coat type is the best performing segment till 2023 due to lack of chemicals in its composition. Benefits of the quick-drying coat and ability of the lacquer to prevent chipping, peeling, and scratching are expected to drive segment growth.

By Finishing, it is segmented into glitter, luster, frost, shimmer, and others. The shimmer finish is touted to exhibit an impressive growth rate till the end of the forecast period.

By End-Use, it is segmented into nail art institution, individuals, and others. Individuals own a major market share thanks to the inclination towards various colors. Presence of various manufacturers offering their products creating a gamut of choices is likely to drive the segment growth. In addition, changing demographics within the market due to various gender identities has expanded the market opportunities. On the other hand, nail art institutions can command significant revenue due to popularity of gel manicures or extensions.

By Distribution Channel, it is bifurcated into store based and non-store based. The store-based channel has enjoyed a higher market share than its counterpart due to assistants and the live viewing of samples. On the other hand, the non-store-based channel can enjoy a remarkable growth thanks to preference of online shopping. Increasing number of sellers on ecommerce sites offering discounts and lowered prices can bring in revenue for the non-toxic nail polish market till 2023.

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Regional

Geographically, the global non toxic nail polish market is segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

North America is expected to be the dominating region of the market due to major non-toxic nail polish producers in the U.S. and Canada. Rising consumer awareness and a large consumer base will continue to support the regional market growth.

The APAC region can perform well due to the large consumer base in China and India. Social media influencers allying with cosmetic product manufacturers, trend of organic and chemical-free products, and improved production processes are factors positively impacting the market.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune - 411028, Maharashtra, India
Phone: +16468459312
Website: https://www.marketresearchfuture.com/reports/non-toxic-nail-polish-market-3815

Source URL: https://marketersmedia.com/non-toxic-nail-polish-market-2019-latest-trends-brand-review-consumer-feedback-demand-product-scope-gross-margin-complete-research-report-forecast-2023/88893587

Source: MarketersMedia

Release ID: 88893587

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