Market Insights Consumer Beauty & Personal Care Cosmetics

Nails - Paraguay

Paraguay

In Paraguay, the revenue in the Nails market in 2024 amounts to US$9.06m.
It is projected that the market will experience an annual growth rate of 3.27% (CAGR 2024-2029).
When compared to other countries, in China generates the highest revenue in the Nails market, reaching US$2,085m in 2024.
In terms of per capita figures, each person in Paraguay generates revenues of US$1.30 in 2024.
The demand for eco-friendly and non-toxic nail products is on the rise in Paraguay, as consumers prioritize health and sustainability.

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.