Non-Toxic Nail Polish Market Introduction:
Nail polishes that are free from five toxic chemicals like formaldehyde, formaldehyde resin, dibutyl phthalate, toluene, and camphor are non-toxic nail polishes. Formaldehyde is a cancer causing substance and formaldehyde resin, dibutyl phthalate, and toluene can cause allergies to the people with sensitive skin. Additionally, camphor if consumed by mouth can be toxic. On a contrary, non-toxic nail polishes are safer alternatives to regular nail polishes. Furthermore, these nail polishes are easy to remove than the regular ones. Owing to all these factors, non-toxic nail polishes are gaining high popularity across the globe.
Rising concerns about side effects of regular nail polish and growing popularity of chemical-free nail polishes amongst the consumers across the globe are the crucial factors driving the market growth. Moreover, rising trend of nail art and increasing number of luxurious nail art studious are the factors expected to fuel the market growth over the forecast period. Manufacturers are investing heavily to launch nail polishes that are free from harmful chemicals and are appealing to the customers. This is expected to create lucrative growth opportunities for new entrants and emerging players in the forthcoming years.
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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Consumer Goods. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Non-Toxic Nail Polish market globally. This report on ‘Non-Toxic Nail Polish market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2028, factoring the impact of Covid -19 Situation.
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Several manufacturers in the market are engaging in research and development to provide technologically advanced products; thus, this factor is driving the growth of the Non-Toxic Nail Polish market. However, high maintenance charges may restrain the growth of the Non-Toxic Nail Polish market. Furthermore, the rising trend of home brewing in various countries is the major factor anticipated to witness massive demand during the forecast period.
This research provides detailed information regarding the major factors influencing the growth of the Non-Toxic Nail Polish Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.
The global non-toxic nail polish market is segmented into type, finish, and distribution channel. By type, the non-toxic nail polish market is bifurcated into base coat, top coat, gel, and others. By finish, the non-toxic nail polish market is bifurcated into matte, glossy, glitter, and others. By distribution channel, the non-toxic nail polish market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
- Orly International, Inc.
- Kure Bazaar
- Smith & Cult, LLC
- NBY London Ltd.
- Kosé Corporation
- Art of Beauty Inc.
- Honeybee Gardens Inc.
- Cienna Rose Limited
- Butter London LLC.
The research provides answers to the following key questions:
1.What is the estimated growth rate of the market for the forecast period? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Non-Toxic Nail Polish market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Non-Toxic Nail Polish market?
- What are the prominent market trends influencing the development of the Non-Toxic Nail Polish market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Non-Toxic Nail Polish Market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
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