Market revenue in 2023 | USD 657.1 million |
Market revenue in 2030 | USD 980.2 million |
Growth rate | 5.9% (CAGR from 2023 to 2030) |
Largest segment | Regular nail polish (standard/traditional) |
Fastest growing segment | UV Gel Nail Polish |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Regular Nail Polish (Standard/Traditional), UV Gel Nail Polish, Dip Powder, Acrylic, Polygel, Others (Matte, Metallic, etc.) |
Key market players worldwide | Coty Inc Class A, L'Oreal SA, Revlon, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Unilever PLC, Art of Beauty, butter LONDON |
Regular nail polish (standard/traditional) was the largest segment with a revenue share of 52.41% in 2023. Horizon Databook has segmented the France nail polish market based on regular nail polish (standard/traditional), uv gel nail polish, dip powder, acrylic, polygel, others (matte, metallic, etc.) covering the revenue growth of each sub-segment from 2017 to 2030.
The French nail polish market is growing at a significant CAGR over the forecast period. Being the fashion capital of Europe, with fashion weeks, runways, and couture weeks, makes France a pivotal marketplace for both leading and new brands.
Many beauty and cosmetics brands collaborate with fashion designers in the region to promote their products and gain traction. For instance, Coty Inc. collaborated with fashion runways such as Milan Fashion Week and Paris Runway for its new collection.
The rising number of product launches and increasing celebrity endorsements are among the key factors driving the popularity of novelty nail polishes, such as neon nail polishes. The gel nail polish category has been trending among millennials, teenagers, and young women thanks to celebrities and actors showcasing funky-colored neon shades at fashion shows and award nights.
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