Nail Art Printer Market: Current Analysis and Forecast (2022-2030)

Report Description

Nail Art Printer Market was valued at USD 537.7 million in 2021 & is expected to grow at a CAGR of 5% from 2022-2030. A nail art printer is a type of electrical device with which artistic designs can be printed on nails. With a nail art printer, printing the design on the nails in seconds. The printer offers a broad range of predefined and customized designs that can be printed according to consumer needs. Nail Printer prints on both natural and artificial nails for fingernails and toenails. Nail art printers help in printing the nail art design on the nails. The machine uses thermal or inkjet printers to print the design. Factors such as the rising influence of social media platforms and changing beauty trends. For instance, in May 2023, Fingernails2Go launched their fully automated nail art Kiosks at ICSC 2022. Also, in July 2022, Casio Computer Co., Ltd launched a nail-printing service in collaboration with Sanrio Co., Ltd. for Sanrio characters for nail design.

Fingernails2Go; Beauty 4 U; Nailgogo; O’2NAILS; FUNAI ELECTRIC CO., LTD; Alpsho Ventures; CASIO COMPUTER CO., LTD; Kickstarter, PBC are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst product, stamping printer category is expected to grow with a significant CAGR during the forecast period”

Based on product, the market is bifurcated into stamping printer and built-in computer printer. The stamping printer category is expected to grow with a significant CAGR during the forecast period. This is mainly owing to the process of using a nail stamper to achieve instant impressive nail art. The process involves applying nail polish to the grooves of beautiful, engraved designs. These designs are then transferred to the surface of each nail using your nail stamper.

“Amongst distribution channel, offline is expected to grow with a significant CAGR during the forecast period”

On the basis of distribution channel, the market is categorized into online and offline. Among these, the offline is expected to grow with a significant CAGR during the forecast period. This is mainly due to the advantages offline offers as compared to its counterparts. Offline has been witnessing higher adoption as it takes less amount of time to get delivered or is easy for the customer to view and buy. Also, the process of exchange or return gets very easy.

“North America is anticipated to grow at a substantial CAGR during the forecast period”

North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to factors such as the increasing number of fashion events such as various fashion weeks. These events promote and thereby increase the demand for fashion products such as nail care, jewelry, and other enrichment products contributing to the growth of the overall nail art printer market booming growth of the cosmetic industry in this region is projected to have a significant contribution for the growing consumption of nail art printer. Also, major players in the market continue to provide long-lasting quality print of practically. For instance, in June 2023, a new home nail painting machine called the OnNab. Capable of printing in full color the process takes just 20 seconds and provides a long-lasting quality print of practically anything one can think of.

Nail art printer Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global nail art printer market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Nail Art Printer Market Analysis (2022-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global nail art printer market were the three major steps undertaken to create and analyze the adoption of nail art printer in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global nail art printer market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the nail art printer market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the nail art printer market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product, distribution channel, and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the nail art printer market. Further, we conducted factor analysis using dependent and independent variables such as various product, distribution channel, and applications of nail art printer. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the nail art printer market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global nail art printer market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the nail art printer market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global nail art printer market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global nail art printer market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of product, distribution channel, and application in the global nail art printer market.

The main objective of the Global Nail art printer Market Study

The current & future market trends of the global nail art printer market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the nail art printer market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of product, distribution channel, and application.
• Define and analysis of the regulatory framework for the nail art printer
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the nail art printer market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
• Company profiles of the nail art printer market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise
price list?

Get in touch with team