Press release
Canada Eyeshadow Stick & Blush Stick Market Set for Growth Driven by Rising Demand for Natural Cosmetics and Clean Beauty Products
According to recent data from Future Market Insights (FMI), the Canada eyeshadow stick and blush stick market is projected to reach approximately USD 245 million in 2023, with an expected increase to USD 389.4 million by 2033. This growth represents a compound annual growth rate (CAGR) of about 4.7% from 2023 to 2033.The growing demand for natural and organic ingredients in the beauty sector, mirroring trends in other consumer goods, has significantly influenced the market. As consumers become more focused on maintaining healthy skin, natural and organic beauty products have gained considerable popularity among beauty professionals and enthusiasts alike.
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This shift in consumer preferences is impacting sales of color cosmetics, including blush and eyeshadow sticks. Leading companies are now focusing on product innovation to cater to the evolving needs of informed beauty enthusiasts and influencers who prioritize natural beauty solutions.
With an increasing emphasis on safe, effective, and natural products, the demand for eyeshadows and blushes made with organic ingredients continues to rise, driving market growth in Canada.
Key Takeaways from the Canada Eyeshadow Stick & Blush Stick Market Study
Eyeshadow stick is expected to hold a prominent share of the Canadian eyeshadow stick & blush stick market.
Key players are focusing on implementing eco-friendly and sustainable manufacturing processes to cater to the increasing demand for eyeshadow sticks and blush sticks.
In terms of sales channels, the online segment is estimated to grow at a CAGR of ~6.9% during the projection period.
Competitive Landscape
The Canada eyeshadow stick and blush stick market is poised for transformation, driven by technological advancements and ongoing industry developments. Key players are tapping into the growing demand for organic products, with many focusing on the launch of new product lines to strengthen their competitive edge.
For Instance
In 2023, Twenty Twenty Beauty launched a series of eyeshadow sticks by the name of Visionary Eye Shadow Stick. These eyeshadow sticks come in four neutral shades. The formula used in these sticks is particularly made for sensitive, dry eyes and have been tested by ophthalmologists.
Huda Beauty launched Cheeky Tint Blush Sticks in 2022. This range of blush sticks comes in 5 shades. They are vegan, alcohol-free, fragrance-free, and are even waterproof. Ingredients include lychee extract and Vitamin E, and they're also non-comedogenic.
Key Companies Profiled
L'Oreal SA
Maybelline
Nyx Professional Makeup
Rimmel London
ELF Cosmetics
Revlon
Coty Inc.
Chanel
Dior Beauty
M.A.C Cosmetics
Charlotte Tilbury
Sheiseido Company
Bobbi Brown
Yves Saint Laurent
The Estee Lauder Companies Inc.
Get Full Access of this Report: https://www.futuremarketinsights.com/reports/canada-eyeshadow-stick-and-blush-stick-market
Global Canada Eyeshadow Stick & Blush Stick Market by Category
By Product Type:
• Eyeshadow Stick
• Blush Stick
By Sales Channel:
• Beauty Salons
• Modern Trade
• Departmental Stores
• Specialty Stores
• Online Retailers
o Direct to Consumers
o Third Party to Consumers
• Mono Brand Stores
• Other Sales Channels
Future Market Insights Inc.
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For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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