07.03.19
The global UV nail gel market is expected to post a CAGR close to 7% during the period 2019-2023, according to the latest market research report by Technavio.
According to Technavio, the increased focus on UV nail gels made from bio-based materials will have a positive impact on the market and contribute to its growth significantly over the forecast period.
Most of the UV nail gels currently available in the market are produced using petrochemical resources. Technavio contends there is high demand for organic and bio-based materials that are either manufactured naturally or are synthesized with high capabilities to meet the desired cost, performance of the final products, and environmental needs. Organic products are proved to be more promising in terms of performance, opacity, chemical properties, pendulum hardness, and glossiness. The growing need for UV nail gels made from bio-based materials will fuel the growth of the global UV nail gel market during the next five years.
According to Technavio, the increased focus on UV nail gels made from bio-based materials will have a positive impact on the market and contribute to its growth significantly over the forecast period.
Most of the UV nail gels currently available in the market are produced using petrochemical resources. Technavio contends there is high demand for organic and bio-based materials that are either manufactured naturally or are synthesized with high capabilities to meet the desired cost, performance of the final products, and environmental needs. Organic products are proved to be more promising in terms of performance, opacity, chemical properties, pendulum hardness, and glossiness. The growing need for UV nail gels made from bio-based materials will fuel the growth of the global UV nail gel market during the next five years.
