Market Insights Consumer Beauty & Personal Care Cosmetics

Nails - Germany

Germany

In Germany, the revenue in the Nails market is projected to reach €0.40bn in 2024.
This market segment is expected to experience an annual growth rate of 1.46% (CAGR 2024-2029).
When comparing globally, in China generates the highest revenue in this market, amounting to €1,913m in 2024.
In terms of per capita figures, each person in Germany generates €4.82 in revenue in the Nails market in 2024.
Germany's strong nail salon culture has led to a growing demand for high-quality, long-lasting nail products.

Key regions: South Korea, Worldwide, Canada, United States, Indonesia

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.