False Eyelashes Market Overview:
The Global False Eyelashes Market is valued at around USD 1.7 billion in 2022 and is expected to reach USD 2.75 billion by 2030, registering a CAGR of 6.2% over the forecast period.
False eyelashes are utilized to enhance the thickness, length, and curliness of natural eyelashes. They come in various colours and sizes to cater to women’s preferences. These products are accessible through both online and offline distribution channels.
Fashion enthusiasts are increasingly drawn to false eyelashes for their ability to create the illusion of thicker, more luxurious lashes. These products come in a wide range of colours and lengths, catering to diverse preferences. As awareness of personal styling products grows among consumers, the artificial eyelash industry is experiencing significant global expansion.
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Market Growth factors:
The market for makeup, cosmetics, and beauty products is experiencing significant growth due to several key factors. One major driver is the increasing trend of people using these products to enhance their appearance. As societal norms evolve and people become more conscious about their looks, the demand for makeup and beauty goods continues to rise.
Moreover, shifting fashion trends play a crucial role in driving market expansion. Consumers often seek to align their makeup choices with the latest fashion trends, leading to a constant demand for new products and innovations in the industry.
Another factor contributing to market growth is the expanding knowledge about personal care. With access to information through various channels, including the internet and social media, consumers are becoming more educated about skincare routines, makeup techniques, and product ingredients.
The accessibility of celebrity fashion goods in recent years has led to a significant transformation in the role of false eyelashes. Once considered a special occasion accessory, they have now become an essential part of everyday fashion. Companies within this industry have successfully adjusted to meet evolving customer expectations, capitalizing on the widespread popularity of false eyelashes.
Market Trends:
As a consequence, women are turning to lash extensions with greater frequency. With many artificial eyelashes requiring glue for application, the advent of magnetic lashes has only heightened the product’s allure.
The market for artificial eyelashes, largely propelled by the burgeoning fashion industry, is poised for greater adaptability. Customization options and a burgeoning desire for distinctive styles could further propel market expansion.
The influence of social media stands as a primary catalyst behind the global demand for false eyelashes. Additionally, their easy application appeals to consumers, eliminating the necessity for the aid of licensed beauticians or makeup artists.
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Market Segments:
On the basis of type, the Global False Eyelashes Market is bifurcated into:
- Strip lashes
- Individual flare lashes
- Single individual lashes
- others
On the basis of raw material, the market is segmented into:
- Synthetic hair
- Human hair
- Animal hair
- fur
- others
On the basis of production process, the market segmented into:
- Machine made
- Handmade
- others
On the basis of distribution channel, the market segmented into:
- Store-based
- Non-store based
- Others
Market Regional Analysis:
North America currently holds a dominant position in the global False Eyelashes Market, largely attributed to the substantial presence of leading manufacturers in the region. This dominance is expected to persist throughout the projected period. On the other hand, Asia-Pacific is anticipated to witness the highest Compound Annual Growth Rate (CAGR) during the forecast period, driven by factors such as rapid globalization, westernization, and modernization, along with an expanding cosmetics sector and increasing consumer disposable income.
Key Companies Include in this Market are:
- Arndell Lashes & Beauty
- ESQIDO
- Huda Beauty
- GIANNI LASHES
- Royal Korindo.
- MAKE-UP ART COSMETICS.
- Ultra Beauty, Inc.
- KISS Products Inc.
- L’OREAL S.A.
- Qingdao Radiance Beauty Products Co., Ltd
- Blink Lash Store.
- among other.
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