Another factor that could propel growth of the global nail polish market from 2019 to 2027 is rising disposable income and the expansion of Nail Polish Market. The population's rising disposable income has increased consumer spending on personal care and cosmetics. US government claims According to the Bureau of Economic Analysis, the U.S. had a per capita disposable income of $42,029 in 2016; this figure rose to $43,433 in 2018. In addition, people's increased spending on cosmetics is a result of growing awareness of personal grooming. The demand for nail salons is therefore anticipated to rise during the forecast period as a result of increased disposable income.
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