False Eyelashes Market is Expected to Reach USD 1330.56 Million at a Compound Annual Growth Rate (CAGR) of 4.26% by 2021 according to New Research

Summary

ReportBazzar has released its latest research-based report entitled ‘False Eyelashes’ Market. The global market for false eyelashes has witnessed continued demand during the last few years and is projected to reach USD 1,330.56 million by 2023, at a CAGR of 4.26% by 2023. Increasing Fashion awareness and beauty consciousness amongst the consumers is likely to drive the global false eyelashes market.
Asia-Pacific will continue to dominate the false eyelashes market with more than 50% market share and it is projected to reach more than USD 600 million with CAGR of 4.02% by 2023. North America will witness highest growth rate (~5.14%) during forecast period 2017 to 2023. Availability of False Eyelashes in various forms has increased the popularity of false eyelashes among consumers increasingly adopting new and unique fashion trends.

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Synthetic hair sourced false eyelashes will witness a growth rate (~4.42%). By 2023, synthetic hair sourced false eyelashes will reach a market value of more than USD 500 million on a global level. Easy availability and processing cost of synthetic hair based lashes is found to be having a positive impact in its market share growth. However, the demand for fur based false eyelashes is projected to increase at a high rate based on the changing fashion trends. Based on the product-type, individual flare lashes is projected to dominate the share based on high consumer inclination towards individual lashes and convenience in disposal of the product.
By 2023, machine made false eyelashes will reach more than USD 700 million market value with CAGR of 4.42%. Demand for bulk volume of false eyelashes and high production volume has supported the sale of machine made false eyelashes. Semi- handmade eyelashes will experience a surge especially in the Asia-Pacific region backed up by increasing involvement of labor in the market.
Sale of False Eyelashes through cosmetic stores will continue to dominate the market holding a lion’s share of 33%. Consumer’s convenience towards one-stop purchase has a positive impact on the sale of false eyelashes through cosmetic stores. Sale of false eyelashes through specialty stores will witness a highest growth rate (~4.67%) during forecast period 2017 to 2023.

Key Players

The leading market players in the global False Eyelashes market primarily are Revlon, Inc. (U.S.), Mac Cosmetics (U.S.), Ulta Beauty, Inc. (U.S.), Kiss Products Inc. (U.S.), Ardell International, Inc. (U.S.), Shu Uemura Cosmetics, Inc. (Japan), Esqido Lashes (Canada)
Study Objectives of False Eyelashes Market Forecast to 2023
• Detailed analysis for individual micro and macro markets for False Eyelashes
• To estimate market size by Raw Material, Product-Type, Production, Distribution Channel and Region
• To understand the supply and demand dynamics of False Eyelashes
• To provide region level market analysis and future outlook for U.S., U.K., China, France, and South-East Asia
• Company profiling of major players & competitive positioning for the false eyelashes market
• Value chain analysis and supply chain analysis of False Eyelashes
• Analysis of historical market trends, and technologies, and current government regulatory requirements related to false eyelashes market
Target Audience
• False Eyelashes manufacturers
• Cosmetics industries
• Retailers and wholesalers
• Traders, importers and exporters

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Key Findings

• The Global False Eyelashes market is projected to reach USD 1,330.56 million by 2023 with growth rate of 4.26%
• Synthetic hair based false eyelashes will continue to dominate the false eyelashes raw material segment with more than 40% market share
• Individual flare lashes will continue to dominate the false eyelashes market with more than 20% market share and it is projected to grow at a CAGR of 4.43% by 2023
• Machine made lashes will dominate the production type holding a major share
• Sale of false eyelashes through cosmetic stores is holding a lion’s share in the False Eyelashes market and growing at a rate of 4.24%

Regional and Country Analysis of False Eyelashes market Development and Demand Forecast to 2023 Market
The reports also cover country level analysis:
• North America
• US
•Canada
• Mexico

• Europe
• Germany
• France
• U.K.
•Russian Federation
• Spain
• Rest of Europe

• Asia – Pacific
• China
• India
• Australia
• Others

• RoW
• Egypt
• South-Africa
• Others

DC Description-

Fake eyelashes, false lashes, eyelash extensions, mink eyelashes, individual lashes, eyelash perm, Ardell lashes, natural eyelashes, natural false eyelashes, lash extensions, artificial eyelashes

Some Points Of Table Of Content:

1 Executive Summary 12
2 Introduction 13
2.1 Definition 13
2.2 Scope of the Study 13
2.2.1 Research Objective 13
2.2.2 Assumptions 13
2.2.3 Limitations 13
2.3 Market Structure 13
3 Research Methodology 16
3.1 Introduction 16
3.2 Primary Research 16
4 Secondary Research 18
5 Market Dynamics 19
5.1 Introduction 19
5.1.1 Drivers 20
5.1.1.1 Growing demand for luxury eye-make up with trending new fashion 20
5.1.1.2 Improved technology encouraging various inclusion of raw materials 21
5.1.1.3 Higher demand for customized & personalized eye makeup products 21
5.1.2 Restraints 22
5.1.2.1 Changing consumer dynamics with changing rapid change in fashion trends 22
5.1.2.2 Increase in demand for permanent natural eye-lash extensions 22
5.1.3 Opportunities 22
5.1.3.1 Increase in working women population encouraging higher spend for make-up including fake eye-lashes 22
5.1.3.2 Increase in consumer awareness related to fashion through social media 23
5.1.3.3 Rapid shopping through e-commerce and more availability of branded products at higher discounts globally 23
5.1.4 Challenges 23
5.1.4.1 Rise in awareness for synthetic harmful chemical material based eye-lashes 23
5.1.4.2 Environmental impact 23
6 Market Trends 24
6.1 Trends in Supply/Production 24
6.2 Trends in Demand/Consumption 25
6.3 Emerging Markets (Supply & Demand) 26

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