Germany Nail Polish Market Size & Outlook, 2023-2030
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Germany nail polish market highlights
- The Germany nail polish market generated a revenue of USD 766.1 million in 2023 and is expected to reach USD 1,050.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, regular nail polish (standard/traditional) was the largest revenue generating type in 2023.
- UV Gel Nail Polish is the most lucrative type segment registering the fastest growth during the forecast period.
Nail polish market data book summary
| Market revenue in 2023 | USD 766.1 million |
| Market revenue in 2030 | USD 1,050.5 million |
| Growth rate | 4.6% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 4.7% of the global nail polish market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK nail polish market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 740.3 million by 2030.
Regular nail polish (standard/traditional) was the largest segment with a revenue share of 54.07% in 2023. Horizon Databook has segmented the Germany 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.
German consumers are becoming more concerned about the ingredients used in the manufacturing of personal care and nail polish products. In light of the rising demand for natural and organic crème based nail polish, manufacturers are likely to step up their efforts to develop nail polish without any toxic ingredients and adapt to sustainability practices over the forecast period.
For instance, Coty Inc., a leading beauty company in Germany, announced the launch of a 100% vegan, first plant-based nail polish collection called Good. Kind .Pure. under its popular brand Sally Hansen, which includes easy-to apply shades with a crème base.
The German beauty and personal care products market is expected to witness significant growth during the forecast period due to an increased focus on skincare and manicures. In addition to its cleansing properties, several products offer additional nourishing benefits.
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Nail Polish Market Scope
Nail Polish Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| butter LONDON | View profile | 51-100 | Seattle, Washington, United States, North America | http://www.butterlondon.com |
| Art of Beauty | View profile | 11-50 | Bedford, Ohio, United States, North America | https://www.zoya.com/ |
| Revlon | View profile | 1001-5000 | New York, New York, United States, North America | https://www.revlonanz.com |
| The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Coty Inc Class A | View profile | 11350 | 350 Fifth Avenue, New York, NY, United States, 10118 | https://www.coty.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
Germany nail polish market size, by type, 2017-2030 (US$M)
Germany Nail Polish Market Outlook Share, 2023 & 2030 (US$M)
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