PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401375
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401375
Global False Eyelashes Market is valued at approximately USD 1.72 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2023-2030. False eyelashes are a type of artificial eyelashes made from either synthetic or natural hair and fibers. They are attached to a strip and applied to the eyelid to enhance the appearance of eyelashes. The market for false eyelashes is growing due to the increasing trend of enhancing beauty through makeup, cosmetics, and beauty products. However, competition from local manufacturers hinder market growth.
With the presence of numerous beauty salons and spas further contributing to the market growth. In May 2020, data was published by SBDC National Information Clearinghouse, which stated that the beauty industry, including over 80,000 beauty salons and barber shop-related establishments, generated USD 20 billion in revenue in the US. Popularity of false eyelashes among celebrities and influencers for photoshoots, events, and social media posts drives market growth. This popularity and influence have driven the wider use of false eyelashes, especially among younger demographics, leading to increased demand. Customization has also been a significant factor in the increase in demand for artificial eyelashes. Consumers can choose from a wide variety of false eyelashes to suit their individual style. Some companies are even introducing various eyelash applications that allow users to try their eyelashes virtually, opening up an immense opportunity in the market. However, the incidence of eye infections and injuries due to formaldehyde compound-based eyelashes act as a major restraint for the market during the forecast period of 2023-2030.
The key regions considered for the Global False Eyelashes Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 due to the rising awareness of developing beauty trends and the availability of new and more effective products in markets. This trend is expected to drive the regional market over the forecast period. The growth of Japan and South Korea's beauty products is expected to increase due to an increase in consumer spending. While companies like MAC, Eylure, Ardell, and Kiss offer false eyelashes for a diverse audience, smaller brands like Doux Lashes, House of Lashes, AZLO Lashes, and Artemes Lashes cater specifically to the Asian market. As a result, the region is expected to have the fastest growth rate North America is expected to grow significantly, with celebrities and lash companies largely focused on promoting their products to build their business revenues from the US and Canada. Additionally, there is a strong demand for high-quality fake lashes, leading to increased revenue from North America in 2021.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable