UK Nail Polish Market Size & Outlook, 2023-2030
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UK nail polish market highlights
- The UK nail polish market generated a revenue of USD 851.8 million in 2023 and is expected to reach USD 1,124.9 million by 2030.
- The UK market is expected to grow at a CAGR of 4.1% 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 851.8 million |
| Market revenue in 2030 | USD 1,124.9 million |
| Growth rate | 4.1% (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, UK accounted for 5.2% 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 49.93% in 2023. Horizon Databook has segmented the UK 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 popularity of nail trends such as nail art and nail extensions available in high-street fashion stores and dedicated nail salons, especially in the fashion capital, London, is expected to boost the U.K. market.
Moreover, emerging market trends have encouraged the growth of beauty and personal care products in the U.K. This includes creating items that appeal to the age and ethnicity in tandem with utilizing technology to enhance marketing strategies.
The use of creative, ecologically friendly packaging and design has also contributed to the appeal of grooming goods. U.K. consumers are demanding more sophisticated products that offer multiple benefits such as manicures, pedicures, UV protection, aging treatment, long-lasting effects, ease of use, and convenience. This is expected to positively impact the market over the forecast period.
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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 |
UK nail polish market size, by type, 2017-2030 (US$M)
UK Nail Polish Market Outlook Share, 2023 & 2030 (US$M)
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