Market Insights Consumer Beauty & Personal Care Cosmetics

Nails - Hong Kong

Hong Kong

In Hong Kong, the revenue generated in the Nails market reached HKD €34.12m in 2024.
It is projected that the market will experience an annual growth rate of 2.15% (CAGR 2024-2029).
When comparing the global market, in China stands out as the country with the highest revenue, amounting to HKD €1,933m in 2024.
Considering the population size, the per person revenue in Hong Kong is estimated to be HKD €4.55 in 2024.
The nail art industry in Hong Kong is booming, with a wide variety of designs and techniques being offered by local salons.

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

Marché

Région

Comparaison de régions

Monnaie

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.