Market Insights Consumer Beauty & Personal Care Cosmetics

Nails - Honduras

Honduras

In Honduras, the revenue generated in the Nails market in 2024 amounts to US$12.95m.
It is projected to experience an annual growth rate of 3.67% (CAGR 2024-2029).
When compared globally, in China generates the highest revenue in this market, with US$2,085m in 2024.
Taking into account the total population, the per person revenue in Honduras is US$1.20 in 2024.
Honduras is experiencing a surge in demand for eco-friendly and natural nail products, as consumers prioritize sustainability in their beauty routines.

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

Market

Region

Region comparison

Currency

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.