Paced globalisation and increasing disposable incomes across market regions are creating newfound opportunities across industries. For instance, the personal care industry is showcasing outstanding growth as more people are readily seeking to improve their appearance. In such a business environment, nail art has caught the imagination of several target groups and demographics. Besides, these trends have also inspired paced innovation and RD activities in nail art printing technologies. The next-gen nail art devices have notably higher accuracy and functionality. Many leading market players are developing more effective nail art devices to gain a competitive edge. In addition, nail salons are also investing in these novel solutions to enhance their profitability. These advancements, coupled with changing lifestyles and cultural trends are projected to create growth possibilities in the global nail art printer market throughout the study period.
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Thriving Cosmetics Industry to Create Notable Business Opportunities in Nail Art Printer Market
Of late, the personal care industry has showcased a significant upsurge due to the growing consumer propensity to maintain a desirable appearance. This trend is more profound among women who generally spend more on cosmetic products. Consequently, the nail care industry has exhibited a positive upswing in such market conditions. Concurrently, the prevalence of social media has also expanded the influence of such consumer behaviour globally. In addition, the number of nail salons and nail art enthusiasts is also increasing at a rapid pace. The global nail art printer market is set to gain tremendous momentum in such a business landscape.
Growing Worldwide Popularity of Japanese Anime to Inspire Newer Design Trends in Nail Art Printer Market
In the past few decades, the popularity of Japanese animated shows and movies, popularly referred to as anime, has gained considerable global popularity. The unprecedented rise in the popularity of these media has become a notable design and appearance inspiration. Anime-inspired designs on nails are quickly gaining traction among millennials, gen z, and even older individuals. Many individuals are showcasing an affinity for Japanese culture through 3D acrylic and gel nail art. Many nail artists are also leveraging this market opportunity by offering anime designs. Such developments are poised to amplify the growth prospects of the global nail art printer market in the forecast period.
Asia Pacific to Boast Highest Revenue Share in Nail Art Printer Market Amidst Paced Westernization
The nail art printer market in Asia Pacific is showcasing significant promise due to growing westernisation in the region. Increasing adoption of western lifestyles and changing fashion and cosmetic preferences are enabling the region to hold a considerable revenue share in the market. Major regional economies such as China, and India are leading the way and the young population in these regions are trying newer trends in nail art. Such developments are also creating career opportunities in the region, thereby multiplying the favorable outcomes in the regional nail art printer market.
Leading Market Players
The most competitive players in the global nail art printer market include Funai Electric Co. Ltd., Amy Beauty Equipment, Yinghe Electronic Instruments Co. Ltd., Nailgogo, and Shenzhen Tuoshi Network Communications Co. Ltd. These market entities are expected to focus on developing more defective nail art printing technologies.
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