Magnetic Eyelashes Market Growth with CAGR Of 6.38% by 2028 | Focuses on Top Companies, Region and Opportunities

Magnetic Eyelashes Market Growth
Magnetic Eyelashes Market Growth 

 

Market Scope:

According to the research reports by MRFR, the global market for magnetic eyelashes is likely to acquire a valuation of over USD 823.99 million by 2028 while recording a healthy CAGR of 6.38%.

Market Drivers:

Magnetic eyelash is a beauty product, which is worn over natural eyelashes. They are different from glued or adhesive eyelashes. The global Magnetic Eyelashes Market Growth has witnessed massive growth over recent years. The market's growth is mainly being propelled by the development of the organized retail sector in Asia-Pacific. The ease of use and low chances of falling off are other aspects causing a surge in demand for magnetic eyelashes across the globe. However, the presence of private-label brands might affect the market growth adversely. Nevertheless, the growing influence of social media is projected to positively impact the growth of the magnetic eyelashes market over the review timeframe.

Segment Analysis:

The global magnetic eyelashes market is divided into several; segments based on material type, color, distribution channel, and region.

Based on material type, the magnetic eyelashes market is divided into mink, silk, and others.

By color, the global market is bifurcated into colored, brown, and black.

The magnetic eyelashes are divided into store-based distribution channels such as specialty stores, supermarkets & hypermarkets, and other non-store-based distribution channels.

Regional Analysis:

The global market for magnetic eyelashes is studied across five major regions, including Asia-Pacific, Europe, North America, South America, and the rest of the world.

The European regional market for magnetic eyelashes held the top position globally in 2020, with a maximum market share of over 38.81% in 2020. The region is likely to maintain the leading position over the review timeframe due mainly to the improvements in the current lifestyles of the consumers. Additionally, the growing consciousness among people related to magnetic eyelashes daily is anticipated to accelerate the regional market's growth over the assessment timeframe.

The Asia-Pacific regional magnetic eyelashes market is projected to exhibit the fastest growth rate over the review timeframe from 2021 to 2028. The region is likely to offer lucrative opportunities to the players in the market. The regional market's growth is being driven by the increasing disposable income of the population and the growing popularity of beauty products in developing economies. Furthermore, the growth in consumer spending on beauty products is projected to boost the regional market's growth over the assessment timeframe.

Competitive Landscape:

The global Fake Eyelashes Target market is comprised of a strong competitive landscape. The players in the market are adopting several new strategies to enhance their distribution network, financial stability, product differentiation, and brand reputation. The market players aim to reduce their environmental footprint and invest in research and development and strategic growth initiatives such as mergers and acquisitions to strengthen their market position and grow their customer base. The list of prominent players in the global magnetic eyelashes market includes companies such as MoxieLash (US), hsbccbeauty.com (UK), Acelashes (US), Arishine Beauty (US), Ulta Beauty, Inc. (US), Vassoul (US), Emeda eyelash Company (China), KISS Products Inc. (US), ESSYNATURALS (US), Ardell Lashes & Beauty (US), and many others.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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