Global Water Based Nail Polish Market Overview:
Today we are painfully aware of the potentially harmful or irritating chemicals found in our beauty and personal care products. We'll work together through our tried and true routines to sort out anything with gross (or even questionable) ingredients. And it's not just us; it’s society as a whole. Water-based nail polish is the type of varnish that replaces the traditional chemical bases of varnish formulas with water. For this reason, a water-based bottle label is a good indication that the nail polish you are going to use is clean. They may not last as long as traditional formulas, but many people still choose to use them to ensure the safety they offer. It is formulated with 70% water along with natural colors and pigments so there is no chemical odor. Water-based nail polishes usually last about a week on fingernails. Some brands of water-based nail polish will easily last a month on toenails without chipping. Water-based nail polishes become more difficult to remove over time, which is not the case with regular nail polish. Water-based nail polishes should be practically odorless, non-flammable, and child-safe, free from harsh and smelly chemicals, and be available in a variety of colors and designs.
- Increasing Grooming Industry
- Increasing Variety of Nail Art in Market
- Increasing Use of Nail Colours in Corporate Meetings and Party
- Changing Lifestyle Standard Fueled By Rising Disposable Income
- Increasing Generality of Nail Art, And Dress-Nail Match
- Wearing Different Shades of Nail Colour in Parties
- Inclination towards Organic Products
- High Competition among Vendors
- Products Innovations to Meet Changing Fashion Statement
- Growing E-Commerce Industries
- Availability of Substitutes
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are OPI Products (United States), Maybelline (United States), Dior (France), L’Oreal (France), Chanel (France), ORLY International Inc. (United States), Anna Sui (United States), Revlon (United States), Sally Hansen (United States), Missha (South Korea), CND (United States), Butter London (United States), Kiko Milano (Italy), Nails Inc. (United Kingdom), Essie Cosmetics Ltd. (United States) and Bobbi Brown Cosmetics Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Nars Cosmetics (France), Rimmel (United Kingdom) and China Glaze (Taiwan). Analyst at AMA Research see United States Vendors to retain maximum share of Global Water Based Nail Polish market by 2026. Considering Market by Colors, the sub-segment i.e. Red will boost the Water Based Nail Polish market. Considering Market by Distribution Channel, the sub-segment i.e. Online Shops will boost the Water Based Nail Polish market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Water Based Nail Polish market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Water Based Nail Polish market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Water Based Nail Polish, Suppliers and Distributors of Water Based Nail Polish, End-Users, Potential Investors, Market Research Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.