Bizizz Market Research has recently published a research report, “Nail Art Printer Market By Product Type (Stamping Printers and Built-in Computer Printers), Distribution Channel (Online, E-Commerce Websites, Company Websites, Offline Electronic Stores and Specialty Stores), Application (Residential, Commercial, Beauty Parlors, Wedding Studios, Fashion Stores, Nail Salons and Hair Salons), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Nail Art Printer Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 1.2 Bn by 2027, witnessing a CAGR of 6.9 % during the forecast period. Key drivers of the market are women being exposed highly to the fashionable trends and increased westernization of individuals globally is stimulating the Nail Air Printer.
The women globally are increasingly focused on their appearance and the beauty that is stimulating the market share of Nail Art Printer. People are becoming increasingly aware about the western culture and fashion. Such cross cultural trends are contributing to the increased demand of Nail Art Printers.
The Nail Art Printers market is anticipated to register a CAGR of over 6.9% during the forecast period.
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By Application, Beauty Parlor segment held a key share in Global Nail Art Printers Market in 2018.
The beauty parlor are the key factor that contribute to the Nail Art Printers market in which most of the customers avail these services. The establishment of the new beauty parlors in various geographical locations is enhancing the market demand of Nail Art Printers.
Fashion stores are another fastest growing market segment of Nail Art Printers in the global market. These stores are also substantially increasing their services in the Nail Art Printers in the market.
Asia Pacific is anticipated to dominate the Global Nail Art Printers Market during the Forecast Period
The key factor that is stimulating the growth of Nail Art Printers offerings are its increasing population in this region. The population is constantly becoming cross cultural mix that is stimulating the market demand of Nail Art Printer in the Asia Pacific region. However an increase in the disposable income of the individuals in Asia Pacific region are contributing to the market demand of Nail Art Printers.
Global Nail Art Printers market was moderately consolidated with key players accounted for significant share in 2018. Hence, the companies are adopting various promotional strategies that is contributing to the market demand of Nail Art Printers.
Prominent players operating in the Global Nail Art Printers Market are: Guangzhou Taiji Electronic Co., Ltd., Funai Electric Co., Ltd., Auto Nail, Create Beauty Technology, Nailgogo, Shenzhen Tuoshi Network Communications Co., Ltd., Company Limited, Koizumi Seiki Corporation, Qingdao Magnetic Digital Co., Ltd., Yinghe Electronic Instruments Co., Ltd, and Amy Beauty Equipment, among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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