Nail Polish Remover Market: Industry Report and Forecast Analysis (2024-2030) by Product Type, Category, Form, Distribution Channel and Region

Nail Polish Remover market is expected to reach USD 1737.67 Mn. with a CAGR of 3.3% for the period 2024-2030.
Nail Polish Remover Market Overview:
Nail polish removers soften and make it simpler to remove nail polish. Acetone is the most commonly used ingredient in nail polish removers. Acetone is a clear, colourless, flammable liquid solvent with a high boiling point. It's extremely concentrated and harsh on the skin and nails. However, non-acetone-based nail polish removers that are gentler on the nails are available. Nail polish removers are available in a range of forms, such as liquid, pads, and wipes. Wipes and pads are convenient and simple to use, which is why they are so popular among women world wide.To know about the Research Methodology :- Request Free Sample Report
Nail Polish Remover Market Dynamics:
Nail polish remover is a solvent that contains alcohol, chemicals, oils, and colouring to remove nail polish. Nail polish removers come in a variety of formats, including cotton pads soaked in solvent and liquid removers that require a separate cotton pad. Furthermore, as fashion trends shift, consumers are opting for a new look and style when it comes to painting their nails. This procedure entails a variety of nail arts using glitter, shimmer, colourful nail paints, and other materials such as stick-on tattoos. As this consumer trend continues, the market for nail polish removers is projected to rise.

Various market brands are focusing their research and development efforts in order to produce new and unique things that are easy to use. As a result, because such products are convenient, more consumers will be encouraged to invest in them. Changing trends in the booming beauty business are also driving an increase in demand for inventive products. Because of these factors, the nail polish remover business is expected to expand at a quicker rate throughout the forecast period.

On the other hand, increasing worries about the negative effects of using acetone-based nail polish removers are expected to limit market growth.
Nail Polish Remover Market Segmentation:
The Nail Polish Remover market is segmented into Type, Form, Application, and Distribution Channel.

Based on the Distribution Channel segment: The Nail Polish Remover market is further sub-segmented into store-based and non-store-based. Supermarkets and hypermarkets, specialty stores, and others are all part of the store-based division. The store-based category is expected to account for the majority of market revenue. On the other hand, the non-store-based segment is expected to increase at a faster rate throughout the forecast period of 2024 to 2030.
Nail Polish Remover Market Regional Insights:
The North American market is expected to account for the largest revenue share of the global nail polish remover market during the research period, because of the region's increasing professional makeup sector, which is causing an increase in the purchase of nail polish remover. However, due to shifting fashion trends, consumers in Asia-Pacific are opting for various cosmetic products to enhance their overall look, and the market in Asia-Pacific is likely to post the greatest CAGR over the forecast period. Furthermore, the customer preference for varied nail art, including distinct types of nail paints such as glitter, matte, and shimmer, necessitates the need of a nail polish remover capable of removing nail polish.

The objective of the report is to present a comprehensive analysis of the global Nail Polish Remover to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Nail Polish Remover dynamics, structure by analyzing the market segments and project the Nail Polish Remover size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Nail Polish Remover make the report investor’s guide.
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Nail Polish Remover Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
USD 1384.41 Mn.


Forecast Period 2024 to 2030 CAGR:
3.3%
Market Size in 2030:
USD 1737.67 Mn.


 Segments Covered:
by Product Type
Acetone
Acrylic
Ethyl Acetate
Others


by Form
Liquid
Pads
Others


by Distribution Channel
Store-Based
Non-Store-Based


by Category
Natural
Synthetic



Nail Polish Remover Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Nail Polish Remover Market, Key Players
1. Industrie Pagoda SRL
2. Elif Cosmetics Ltd
3. Lakmé (Unilever PLC)
4. Colorbar Cosmetics Pvt. Ltd
5. Maybelline LLC (L'Oréal S.A.)
6. Kara (Future Consumer Limited)
7. Faces Cosmetics Inc
8. Innisfree Corporation
9. Komal Manufacturing Chemists Pvt. Ltd.
10. Kiko Cosmetics Retail Private Limited
11. Orly International, Inc
12. Kure Bazaar SAS
13. Karma Organic Spa
14. Miss Claire Cosmetics
15. O•P•I (Coty, Inc).
16. Others
Frequently Asked Questions:
1. Which region has the largest share in Nail Polish Remover Market?
Ans: North America held the largest share in 2023.

2. What is the growth rate of the Nail Polish Remover Market?
Ans: The Nail Polish Remover Market is growing at a CAGR of 3.3% during the forecasting period 2024-2030.

3. What segments are covered in Nail Polish Remover market?
Ans: Nail Polish Remover Market is segmented into Product Type, Form, Category, and Distribution Channel, and Region.

4. Who are the key players in Nail Polish Remover market?
Ans: The important key players in the Nail Polish Remover Market are – Industrie Pagoda SRL, Elif Cosmetics Ltd, Lakmé (Unilever PLC), Colorbar Cosmetics Pvt. Ltd, Maybelline LLC (L'Oréal S.A.), Kara (Future Consumer Limited), Faces Cosmetics Inc, Innisfree Corporation, Komal Manufacturing Chemists Pvt. Ltd., Kiko Cosmetics Retail Private Limited, Orly International, Inc, Kure Bazaar SAS, Karma Organic Spa, Miss Claire Cosmetics, and O•P•I (Coty, Inc).

5. What is the study period of this market?
Ans: The Nail Polish Remover Market is studied from 2023 to 2030.