Press release
Eyelashes Enhancing Agents Market to Witness 5% CAGR Growth by 2027
Between 2013 and 2017, the eyelashes enhancing agents market exhibited a Compound Annual Growth Rate (CAGR) of approximately 4.0%. Global sales for eyelashes enhancing agents reached nearly US$ 280 million in 2018 and are projected to experience year-on-year (Y-o-Y) growth exceeding 5.0% in 2019.The rising prevalence of Blepharitis, a condition that can lead to eye inflammation and impact eyelash growth, has bolstered the sales of cosmetic products, particularly among the growing demographic of individuals who prioritize their appearance. This trend has consequently increased the demand for eyelashes enhancing agents. Furthermore, as consumers increasingly shift toward natural remedies and treatments to mitigate the potential side effects associated with chemical-based agents, manufacturers have responded by diversifying their offerings to include a wide range of effective natural eyelashes enhancing agents.
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The readability score of the Eyelashes enhancing agents Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Eyelashes enhancing agents market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Eyelashes enhancing agents along with key stakeholders a well as emerging players associated with the manufacturing of product.
Competitive landscape:
In May 2018, Estée Laude Cos. Inc. entered into a definitive partnership with Debenhams to strengthen its beauty portfolio with the launch of #Beautyhub. The department store enjoys its position as first multi-brand store and is based in Hertfordshire, the U.K. The launch of the store is geared towards bringing a variety of brands such as Clinique and Origins, Tom Ford Beauty, and Bobbi Brown at a single store.
In December 2018, Allergens Plc received approval for Latisse, an eyelash thickening drug. The product is developed to treat hypotrichosis, which causes a loss of eyelashes. It is a one-of-its-kind prescription product aimed at lengthening eyelashes.
L'Oréal S.A.
Incorporated in 1909, L'Oréal S.A. is headquartered in Clinchy, France. The company through its subsidiaries achieves the manufacturing and sales of cosmetic products targeted at women and men's problem equally. It operates under divisions such as Active Cosmetics, Professional Products, L'oreal Luxe, and Consumer Products.
Grande Cosmetics, LLC
Founded in 2008, Grande Cosmetics LLC is based in White Plains, the U.S. The company began its journey with a single product - GrandeLASH-MD and gradually expanded its product line to over 40 products that help consumer enjoy longer and youthful lashes, bouncy hair, and plumper lips.
Skin Research Laboratories
Established in 1992, Skin Research Laboratories is located in the United States. The company is engaged in the manufacturing and distribution of a wide category of cosmetic products at an international level. Its key divisions are cosmetic kits, hair, skin color, brows, and lashes.
Athena Cosmetics Inc.
Incorporated in 2006, Athena Cosmetics Inc. is headquartered in Ventura, C.A, the U.S. The physician-led manufacturer is an online retailer of skin care products with a variety of products that include shampoo, eyebrow and lash conditioners, and hair gels.
North America Leads the Way with Focus of Regional Players on Product Upgrades
The study finds that North America continues to be the leading market for eyelashes enhancing agents, with an overall revenues in 2018 estimated at nearly US$ 100 Mn. The higher economic vigor of consumers has made them more willing to spend on personal care products. In addition, several research institutes in North America are focusing on R&D investments for the development of new and advanced eyelashes enhancing agents.
According to the study, Asia Pacific Excluding Japan (APEJ) will be the high growth market for eyelashes enhancing agents, and is estimated to record a Y-o-Y growth at nearly 7% in 2019 over 2018. Growing opportunities in APEJ can be attributed to relatively greater inclination of consumers toward beauty products, which has complemented growth of the cosmetics industry in the region.
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Questionnaire answered in the Market outlook Report of Eyelashes enhancing agents include:
1.What is the key strategy deployed by large players to maximize Eyelashes enhancing agents Market growth?
2.What are the main challenges faced by players in the Eyelashes enhancing agents market Demand?
3.With the advent of technological advancement, how will the Eyelashes enhancing agents market landscape change over the forecast period?
4.What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Eyelashes enhancing agents market size?
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