Global Magnetic Eyelashes Market is predicted to reach USD 1.04 billion at a CAGR of 6.39% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Magnetic Eyelashes Market” that contains information from 2023 to 2032. The Global Magnetic Eyelashes Market is estimated to register a CAGR of 6.39% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Global Magnetic Eyelashes Market— Ardell Lashes & Beauty, Ulta Beauty Inc, ESSYNATURALS, Arishine Beauty, KISS Products Inc., Acelashes, Emeda Eyelash Company Com, Vassoul, and MoxieLash.
Market Highlights
The Global Magnetic Eyelashes Market is accounted to register a CAGR of 6.39% during the forecast period and is estimated to reach USD 1.04 Billion by 2032.
The Global Magnetic Eyelashes Market refers to the worldwide industry involved in the manufacturing, distribution, and sale of magnetic eyelashes. Magnetic eyelashes are a type of false eyelashes that use magnetic strips or tiny magnets to adhere to the natural eyelashes.
The market is driven by factors such as increasing beauty consciousness among consumers, the influence of social media and celebrity endorsements, and the rising demand for cosmetic products that provide a quick and easy way to enhance one's appearance.
Segment Analysis
The Global Magnetic Eyelashes Market has been segmented based on type and sales channel.
On the basis of type, the market is segmented into Silk, Mink and others. The lightweight and soft silk fibers that closely mimic the look and feel of natural eyelashes & makes them a popular choice among those who want to enhance their lashes while maintaining a natural look.
Based on sales channel, the market has been segmented into store based and non store based. The store-based category generated the most income. It provides customers with the convenience of being able to purchase magnetic eyelashes in physical retail stores. This eliminates the need for customers to wait for delivery and allows them to purchase the product immediately.
Regional Analysis
The Global Magnetic Eyelashes Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Magnetic Eyelashes Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Magnetic Eyelashes Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Magnetic Eyelashes Market comprises of Middle East, Africa, and Latin America.
North America is a significant market for magnetic eyelashes, driven by the high beauty consciousness among consumers and the presence of well-established cosmetics brands. The United States, in particular, contributes to the market growth due to the popularity of eyelash enhancements and the influence of celebrities and social media.
Europe is another prominent region in the magnetic eyelashes market. The European market is characterized by a strong fashion and beauty industry, where consumers are keen on trying new cosmetic products and following beauty trends.
The Asia Pacific region has witnessed substantial growth in the magnetic eyelashes market. The region's large population, increasing disposable income, and growing beauty consciousness among consumers have fueled the demand for magnetic eyelashes.
Furthermore, the rest of the world's Global Magnetic Eyelashes Market is divided into the Middle East, Africa, and Latin America. Latin America is an emerging market for magnetic eyelashes. The market growth in this region is driven by the rising beauty standards, changing consumer preferences, and increasing urbanization.
Key Findings of the Study
- The Global Magnetic Eyelashes Market is expected to reach USD 1.04 Billion by 2032, at a CAGR of 6.39% during the forecast period.
- North America is a significant market for magnetic eyelashes, driven by the high beauty consciousness among consumers and the presence of well-established cosmetics brands. The United States, in particular, contributes to the market growth due to the popularity of eyelash enhancements and the influence of celebrities and social media.
- Based on type, the market is segmented into Silk, Mink holding the largest market in 2022.
- Ardell Lashes & Beauty, Ulta Beauty Inc, ESSYNATURALS, Arishine Beauty, KISS Products Inc., Acelashes, Emeda Eyelash Company Com, Vassoul and MoxieLash.
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Companies Covered | 15 |
Pages | 90 |
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