DUBLIN, September 20, 2021--(BUSINESS WIRE)--The "UAE Nail Care Market, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The UAE Nail Care Market is anticipated to undergo formidable growth during the forecast period owing to high disposable income and rising expenditure on personal care products.
Growing youth population, which is more inclined towards fashion products like nail paint, is acting as a driver for the growth of the market. Increasing product line and marketing strategies by manufacturers and mainstreaming retailing are some other factors fuelling the nail care market growth in the country.
UAE also organizes beauty exhibitions like 'Beautyworld Middle East' every year which gives manufacturers a great opportunity to launch their products. The country is witnessing rising number of working population who tend to spend more on nail care products. The growing awareness towards nail hygiene is also a factor creating the need for nail care products in UAE market.
The UAE Nail Care Market is categorized based on product type, distribution channel and region. Based on product type, the market is segmented into nail polish, nail accessories, nail strengthener, nail polish remover, artificial nails and accessories and others.
The nail polish segment held largest market share in 2020 and is anticipated to dominate the market through 2026 as they come in various shades forms like gel nail paints which can be used as per the occasion. Also, nail paints are affordable products as there are large number of companies manufacturing them at a much cheaper rate.
Based on distribution channel, the UAE Nail Care Market is segmented based on offline and online channel. The offline channel is further segmented into hypermarkets/supermarkets, retail stores, beauty salon and others.
Among them, the hypermarket/supermarket segment is estimated to undergo fastest growth by 2026 owing to their increasing number in UAE market. Consumers tend to buy nail care products from supermarkets/hypermarkets as they offer one-stop shopping experience.
Companies are increasingly focusing on latest trends to enhance their product category in order to increase their market share. Manufacturing companies are also undergoing other growth strategies like merger and acquisitions to increase their reach in the UAE market.
Major players operating in the UAE Nail Care Market are
Louis Vuitton Middle East FZCO
Mary Kay Products UAE
Oriflame Holdings AG
Estee Lauder Middle East
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
UAE Nail Care Market, By Product Type:
Nail Polish Remover
Artificial Nails and Accessories
UAE Nail Care Market, by Distribution Channel:
UAE Nail Care Market, By Region:
Rest of UAE
For more information about this report visit https://www.researchandmarkets.com/r/yh92l9
View source version on businesswire.com: https://www.businesswire.com/news/home/20210920005701/en/
Laura Wood, Senior Press Manager
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