How Much Is the Acrylic Nail Industry Worth?

Projected Revenue and Growth:
- The projected revenue for the acrylic nail industry in 2020 is $1.5 billion.
- The estimated worth of this industry by 2024 is $15.55 billion.
Market Insights:
- The demand for nail technicians is high and increasing.
- Most nail salons are owned by Vietnamese families.
Consumer Behavior:
- On average, women spend $768 million a year on nail polish in the US.
- A third of women have 25 bottles at home.

Acrylic Nails:
- Acrylic nail fill prices range from $25 to $50 set by the salon.
- Repairing broken acrylics costs around $10-$15 but may increase with more breaks or damage.
Press-On Nails:
- Press-on nails are used most in the artificial nail market for their convenience and ease of use.
- Press-on nails are currently resurging in popularity for being easy to apply and remove without damage, and lasting weeks.
Nail Tips:
- Nail tips have been popular for longer, providing customized, long-lasting solutions.

The artificial nails market size is estimated to grow at 6% between 2022 and 2027, increasing by $303 million.
Growth depends on adopting nail art, more nail salons, and types of artificial nails available.
The average nail salon owner salary is around $30,000 a month.
Additional services may offer savings on fills.