The North America Nail Salon Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030).
Recently, there has been an increased focus on grooming and personal appearance. People are more aware of how they look generally, especially their nails. To meet this need, nail salons offer a practical and unique service. Millennials also push innovation in the nail industry by embracing ombre accents, colorful acrylics, and cutting-edge methods. Influential people like Nicki Minaj, Kylie Jenner, Billie Eilish, and Cardi B helped acrylic nails gain popularity by enlisting the help of qualified professionals for their nail care needs.
The internet makes finding new and engaging nail designs easier, especially concerning the huge resources it offers. Millennials are frequent users of social media sites such as Instagram, where they post about their experiences, which can include nail care and nail art. As a result, manicure salons are now more well-liked, and nail art has become part of a society driven by trends.
TikTok, in particular, has become a major influencer in this market due to social media platforms' popularity. In line with millennial trends, TikTok's brief and concise video formats provide a smooth browsing experience for easy access to various nail art instructions. Additionally, technology has greatly influenced the market. The quality of services and treatments available have improved by introducing new and cutting-edge nail care tools, products, and equipment.
Many nail salons and spas in the region use cutting-edge technology and natural materials to attract a sizable clientele. Market participants in the region are employing cutting-edge tactics to strengthen their position in the marketplace and open up new revenue streams. In countries like the US and Canada, the demand for these services is being fueled by factors including changing lifestyles, a rising percentage of working women, and the increasing popularity of investing in personal grooming services. During the projection period, the market is being driven by market participants due to their lucrative presence in the North America region.
The US market dominated the North America Nail Salon Market by Country in 2022; thereby, achieving a market value of $4,702.1 million by 2030. The Canada market is poised to grow at a CAGR of 9.6% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 8.6% during (2023 - 2030).
Based on Service, the market is segmented into Manicure, Pedicure, Fiberglass & Silk Wraps, UV Gel Overlays & Extensions and Acrylic Overlays & Extensions. Based on End User, the market is segmented into Women and Men. Based on Age Group, the market is segmented into 19 to 40, 41 to 60, Above 60 and Below 18. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Nail Salon Market is Projected to reach USD 19.4 Billion by 2030, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HM Nail Salon & Spa, Alluring Nails & Tanning, Milano Nail Spa The Height, Soho Beauty & Nail Boutique, J and J Nails & Spa, Hana Nail Spa, Shian Nails Beauty, Nail.a.holics nail salon & spa, LOTUS NAILBAR & SPA and ZAZAZOO Nail Salon.
By Service
By End User
By Age Group
By Country
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