Press release
Cosmetic Mirror Market Worldwide Industry Analysis and New Market Opportunities Explored By 2027
Cosmetic Mirror Market
Regions covered
North America (U.S., Mexico and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)
Companies covered
Conair, ROCA, Brot Mirrors, COSO, Annwa, Duravit, Kohler, Arrow, Moen, CRW Bathrooms, Faenza, Inax, Hansgrohe, KEUCO, American Standards, TOTO, HeDing, Yingpai, Argent Crystal, Joden, Aosman, EAGO, Monarch, Huida, Micawa, Appollo, and Logoo & HCG.
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COVID-19 ScenarioAnalysis:
Due to the outbreak of COVID-19, the demand for the cosmetic mirror market has been reduced due to the lockdown of beauty parlor and various skin treatments. The demand for mirrors has fallen for the household purposes as they don’t have to visit any parties and marriages. There is a shift in the demand for essential and safe items. The sales are also declining because of less supply and less demand. The production of cosmetic mirrors also hampered due to the trade restrictions.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers andImpact Analysis
Rise in the beauty parlors and salons have increased the demand for cosmetic mirrors. The increase in the consciousness about the physical appearance and rise in the awareness about skincare and its products can also be the factor rising the global cosmetic mirror market. Further, increase in purchasing power, consumers are spending more skin treatments or different hairstyle, to keep with the latest fashion trend. The demand for cosmetic mirrors is showing significant growth as it is required more in vanity rooms where celebrities ready for their shoot and their makeups and hairstyle the requirement of cosmetic mirror is more. As celebrities need perfection in terms of their makeup and hairstyles so, with the help the cosmetic mirror hairstylist can do their makeup perfectly with the enlarged and clear mirror. The demand for cosmetic always increase because of high preference of customer upon their looks.
New Product Launches to flourish
The rise in the prices of mirrors, and the launch of new smart mirrors can reduce the demand for cosmetic mirror, which can hamper the global market growth.
The manufacturers are focusing on some innovation in the cosmetic mirror to incline the interest of people towards smart mirrors.
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Cosmetic mirror can be divided into variety of mirrors such as convex mirror, concave mirror, and plane mirror. Convex mirrors generate a vision of a tiny size. Concave mirror magnifies the image and it is used for eye makeup and hairstyles. Plane mirror shows the normal image of humans. It is used in various hotels, homes and shopping malls.
On the basis of product, the cosmetic mirror market bifurcates into a handheld mirror, standing mirror, lighted mirror, and magnifying mirror. Handheld is useful while traveling to other places where you cannot take mirrors, and handheld is easy to carry in their wallets, and a person can easily be groomed. Lighted mirror is in demand for the Tiktok and YouTube users where they use this type of mirror for their makeup and selfies. Magnifying mirror is helpful in every minute eye and lip makeup.
Cosmetic mirror is available on various online and offline channels. Due to different discounts offers, people are more inclined towards the online platform. These mirrors are also available in supermarkets, hypermarkets, departmental stores, and specialty stores.
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Key Benefits of the Report:
• This study presents the analytical depiction of the cosmetic mirror market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cosmetic mirror market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global cosmetic mirror market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed cosmetic mirror market analysis based on competitive intensity and how the competition will take shape in coming years.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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