Market Insights
“The UV nail gel market size was US$56.4 million in 2024 and is likely to grow at a decent CAGR of 6.8% in the long run to reach US$95.4 million in 2032.”
Market Dynamics
Introduction
UV nail gel is a type of nail enhancement product composed of acrylic monomers and oligomers that harden through a process called photopolymerization when exposed to ultraviolet (UV) light. This curing process transforms the gel from a liquid or semi-solid state into a durable, glossy finish that adheres firmly to the natural nail. The demand for UV nail gel products has surged due to their durability, aesthetic appeal, and the growing popularity of professional nail services. Innovations such as soak-off gels, which allow for easier removal, and the development of LED-compatible gels that cure faster than traditional UV gels, have further expanded their market presence. They are used in manicures & pedicures, nail extensions & overlays, nail art, and protective coating.
Recent Product Development
- In August 2021, OPI, a leading name in the nail care industry, announced the launch of non-GMO, vegan, and all-natural nail polish.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Chemistry Type Analysis
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Acrylate, Methacrylate, and Cyanoacrylate
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Methacrylate chemistry is dominant and projected to be the fastest-growing segment in the UV nail gel market due to its superior curing behavior under UV and LED light.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is projected to be the fastest-growing region in the coming years, largely driven by the region’s massive population base and growing beauty consciousness.
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By Chemistry Type
“Methacrylate chemistry is dominant and projected to be the fastest-growing segment in the UV nail gel market due to its unique combination of performance, versatility, and user-friendliness.”
The market is segmented into acrylate, methacrylate, and cyanoacrylate based on chemistry type. Methacrylates, among them, are widely preferred in the UV nail gel market because they cure quickly under UV and LED light, which allows for rapid polymerisation, an important feature for both salon professionals and at-home users. It also offers exceptional formulation flexibility, enabling the creation of a wide range of products from base and builder gels to topcoats, all with tailored hardness and flexibility. These combined benefits, along with strong regulatory acceptance and a proven safety profile, position methacrylates as the preferred and fastest advancing chemistry in the UV nail gel industry.
Regional Analysis
“The Asia-Pacific region is expected to experience the fastest growth in the UV nail gel market because of the presence of numerous local manufacturers, lower production costs, and robust e-commerce platforms.”
North America dominates the UV nail gel market due to the presence of a well-established professional beauty industry, with a high concentration of nail salons and trained technicians offering UV gel services. Moreover, North America is home to several leading nail care brands such as OPI, CND, and Young Nails, which continue to innovate and influence global trends.
The Asia-Pacific region is expected to witness the highest growth in the coming years, driven by rapid urban expansion and the significant growth of beauty salons. South Korea and Japan are global leaders in beauty innovation, with strong influence across Asia through K-beauty and J-beauty trends, driving the growth of UV nail gel across Asia-Pacific.
Key Players
The market is moderately fragmented, with over 250 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the UV nail gel market.
Here is the list of the Top Players (Based on Dominance)
- OPI Products Inc.
- Creative Nail Design Inc. (CND)
- Gelish (Harmony Gelish)
- Young Nails Inc.
- Mia Secret
- Light Elegance
- Alessandro International
- Keystone Research and Pharmaceuticals Inc.
- Chemence Limited
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global UV nail gel market is segmented into the following categories.
UV Nail Gel Market, by Chemistry
- Acrylate (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Methacrylate (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Cyanoacrylate (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
UV Nail Gel Market by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s UV nail gel market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]
