Eyelash extension market to grow by USD 569.8 million from 2022 to 2027; Growth driven by increasing working population

NEW YORK, April 3, 2023 /PRNewswire/ -- The eyelash extension market is estimated to grow by USD 569.8 million between 2022 and 2027. The growth momentum will be progressing at a CAGR of 4.81% during the forecast period. The market is segmented by distribution channel (offline and online), type (mechanical eyelash and handmade eyelash), and geography (APAC, North America, Europe, South America, and Middle East and Africa). To learn more about the eyelash extension market, historic (2017 to 2021) and forecast market size (2023 to 2027), request a sample report

The market growth will be significant in the offline distribution channel segment during the forecast period. Offline stores provide a wide assortment of products in specific product categories. These stores provide information about a product before purchasing. In addition, the presence of different brands under one roof helps buyers compare and check the products. Such benefits are driving the growth of the segment.

The market is driven by the increasing working population. The number of working people has increased significantly worldwide over the years. Countries such as China have been witnessing a considerable rise in the population of workers. Workers account for 49% of the total population and 46% of the total labor force in the country. This growth in the number of workers has increased the number of dual-income households. This is strengthening the spending power of consumers, which is increasing the demand for eye make-up products, including eyelash extensions. All these factors are driving the growth of the market.

Eyelash Extension Market Insights -

Vendors: 15+, including Acelashes, Babil Lashes Factory Co., Bella Lash Extensions, Blink Lash Store, Esqido Ltd., Gianni Lashes, Gold Lashes Miami, HB USA Holdings Inc., House of Lashes, Jauntsky Arts and Crafts Co. Ltd., KISS Products Inc., Lash Affair, Lemer Lashes, Lilly Lashes LLC, Madhulika Upadhyay, NovaLash, Parfums de Coeur Ltd., PT. Bio Takara, Qingdao Elour Beauty, The Estee Lauder Co. Inc., among others

Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors

Segments: Distribution Channel (Offline and Online), Type (Mechanical eyelash and Handmade eyelash), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Global Eyelash Extension Market - Vendor Insights

The global eyelash extension market is fragmented due to the presence of leading global and regional players. Vendors follow some criticality of inputs to compete in the market. The key inputs by these vendors include brand, labor, CAPEX, and R&D. They are investing heavily in building infrastructure suitable for manufacturing eyelash extensions. They are focusing on building brands and brand equity to differentiate themselves from other competing brands. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including –

Acelashes - The company offers eyelash extensions such as Acelashes 0.05, Acelashes 0.03, and Acelashes 0.04.

Babil Lashes Factory Co. - The company offers eyelash extensions such as Silk, Mink, and Camellia eyelash extensions.

Bella Lash Extensions - The company offers eyelash extensions such as Crystallized Fans 500 Collection and Crystallized Fans 200 Collection.

Blink Lash Store - The company offers eyelash extensions such as B Curl Lashes, Laser Mink Lashes, and J Curl Lashes.

Esqido Ltd.

Gianni Lashes

Gold Lashes Miami

HB USA Holdings Inc.

House of Lashes

Jauntsky Arts and Crafts Co. Ltd.

KISS Products Inc.

Lash Affair

Lemer Lashes

Lilly Lashes LLC

Madhulika Upadhyay

Global Eyelash Extension Market – Market Dynamics

Major Trends –

The introduction of customizable eyelash extensions is an emerging trend in the market. Evolving demands of customers have encouraged vendors to introduce customized products to drive more sales. For instance, Velour allows consumers to choose from distinct options such as shape, pattern, design, and color. Similarly, many vendors are increasingly adopting this approach to meet changing customer requirements. These products are priced higher than regular products, as they are made as per individual customer needs. This will facilitate the expansion of the global eyelash extension market during the forecast period.

Key challenges –

The availability of low-cost options in the unorganized sector is identified as the key challenge in the market. Vendors that offer premium products face continuous challenges from products that are available at lower prices. Many players operating in developing countries such as China, India, and Brazil are offering low-quality products at affordable prices. This is reducing the demand for premium eyelash extensions, which is hindering the growth of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The eyelash extension market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this eyelash extension market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the eyelash extension market between 2023 and 2027

Precise estimation of the size of the eyelash extension market and its contribution to the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the eyelash extension market across North America, Europe, APAC, South America, and Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of eyelash extension market vendors

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Eyelash Extension Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.81%

Market growth 2023-2027

USD 569.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.22

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 32%

Key countries

US, China, Russia, Germany, and Italy

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acelashes, Babil Lashes Factory Co., Bella Lash Extensions, Blink Lash Store, Esqido Ltd., Gianni Lashes, Gold Lashes Miami, HB USA Holdings Inc., House of Lashes, Jauntsky Arts and Crafts Co. Ltd., KISS Products Inc., Lash Affair, Lemer Lashes, Lilly Lashes LLC, Madhulika Upadhyay, NovaLash, Parfums de Coeur Ltd., PT. Bio Takara, Qingdao Elour Beauty, and The Estee Lauder Co. Inc.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global eyelash extension market 2017 - 2021

4.2 Distribution channel Segment Analysis 2017 - 2021

4.3 Type Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments

6.2 Comparison by Distribution Channel

6.3 Offline - Market size and forecast 2022-2027

6.4 Online - Market size and forecast 2022-2027

6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Type

7.1 Market segments

7.2 Comparison by Type

7.3 Mechanical eyelash - Market size and forecast 2022-2027

7.4 Handmade eyelash - Market size and forecast 2022-2027

7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 Europe - Market size and forecast 2022-2027

9.5 APAC - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Russia - Market size and forecast 2022-2027

9.11 Germany - Market size and forecast 2022-2027

9.12 Italy - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Acelashes

12.4 Babil Lashes Factory Co.

12.5 Bella Lash Extensions

12.6 Blink Lash Store

12.7 Esqido Ltd.

12.8 Gianni Lashes

12.9 Gold Lashes Miami

12.10 HB USA Holdings Inc.

12.11 House of Lashes

12.12 Jauntsky Arts and Crafts Co. Ltd.

12.13 KISS Products Inc.

12.14 Lash Affair

12.15 NovaLash

12.16 Parfums de Coeur Ltd.

12.17 The Estee Lauder Co. Inc.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

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