False Eyelashes Market is Anticipated to Reach USD 1,330.56 Million by 2023 with Growth Rate of 4.26%

False Eyelashes Market Information- By Raw Material (Synthetic Hair, Human Hair, Fur, Feathers, Others), By Product-Type (Individual Natural Lashes, Individual Flare Lashes, Strip Full Value Lashes, Strip Long and Short Lashes, Strip Natural Lashes, Others), By Production (Machine made, Handmade, Semi-handmade, Others), By Distribution Channel (Supermarket/hypermarket, Specialty stores, Cosmetic Stores, E-commerce, Others) and by Region Forecast to 2023.

Market Overview:

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.

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%

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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).

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.

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.

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