Increasing Number of Nail Salons to Augment the Nail Polish Market Growth
Nail Polish is a lacquer used to decorate both fingernails and toenails. It is also used to protect the nail plates. Nail Polish is made using various chemical compositions such as pearls, resins, pigments, plasticizers, film formers, solvents, and thickening agents (such as stearalkonium hectorite) to bind other ingredients. It is available in multiple colors. The increase in the female population has boosted the demand for nail polish worldwide. Customers are choosing nail polish based on their choice of nail art. The increasing population of working women and growing awareness among consumers about grooming is driving the growth of the cosmetic industry, which in turn is driving the nail polish market growth . In 2019, Nail polish generated sales of around US$ 552.51 million, accounting for around 40% of the nail products in the United States. Moreover, the increasing number of nail salons and increasing disposable income is another factor, which may lead to the market growt...