The US Manicure or Pedicure Preparations market, valued at $2.2466 billion in 2023, presents a mixed growth pattern over the years. Notably, the market faced a sharp decline in 2020 by 43.49% but swiftly rebounded by 62.13% in 2021. Between 2013 and 2017, growth was inconsistent, with a gradual annual decline until 2018. Recent years have shown more stability with a gradual increase since 2021, recording a CAGR of 1.58% over five years, indicating modest recovery and adaptation post-pandemic.
Future trends to watch for include:
- Increased demand for eco-friendly and natural products.
- Technological advancements in nail art and gel technologies.
- Growing popularity of at-home beauty treatments fueled by digital commerce.
- The impact of emerging wellness trends emphasizing self-care treatments.