According to the report compiled by Fact.MR, the global false eyelashes market is likely to witness steady growth, registering 5.9% CAGR during the forecast period 2017-2022. Increasing number of customers, especially women are adopting false eyelashes as they enhance the appearance of the eyes by adding length and volume to the eyelashes. False eyelashes are also very convenient as they eliminate the need to apply mascara. Meanwhile, manufacturers are also offering colorful false eyelashes, volume lashes differentiating in length and fullness. Following insights shows how the false eyelashes market will perform in the next five years.
False eyelashes are used to increase the length and volume of the eyelashes. False or fake eyelashes are made using small synthetic or human hairs. False eyelashes are usually used by people who have thin or very short eyelashes, in order to improve the look. Although offering a better look, false eyelashes can sometimes cause an allergic reaction or eye infection if not applied or used properly.
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With an aim to enhance the look and offer maximum benefit, manufacturers are offering false eyelashes that are easy to apply without using any separate glue to stick it. To create a unique look, false eyelashes of various styles, colors, fibers and size are also being produced. With technological advancements and everything getting smart, false eyelashes manufacturers are moving towards developing smart eyelashes that can work as a switch, that can control the electronic devices such as TV, lights, etc., with just a blink. False eyelashes with LED lights are also becoming a fashion statement. LED eyelashes are available in various colors.
6 Forecast Highlights on Global False Eyelashes Market
Asia-Pacific Excluding Japan (APEJ) is expected to emerge as the largest market in the global false eyelashes market. APEJ is projected to create an incremental opportunity of over US$ 100 million during 2017-2022.
Europe false eyelashes market is likely to be the second-largest market during the forecast period. Availability of various forms of false eyelashes is resulting in the growing demand among consumers, adopting unique fashion trends.
Regular lashes are likely to be one of the highly preferred false eyelashes product. Towards the end of 2022, regular lashes are estimated to reach close to US$ 500 million revenue. Meanwhile, individual lashes are also expected to experience robust growth during 2017-2022.
Synthetic hair is expected to be one of the widely used raw material in the production of false eyelashes. Synthetic hair as a raw material is anticipated to show impressive growth, creating more than US$ 200 million incremental opportunity from 2017 to 2022.
Sales of false eyelashes are likely to be high through health & beauty retailers. Towards 2022 end, health & beauty retailers are projected to exceed US$ 600 million value. Moreover, it is also estimated to gain more than one-third of the revenue share by 2017 end.
With the availability of advanced technology, machine-made false eyelashes are expected to gain traction in the global false eyelashes market. Machine-made false eyelashes are estimated to gain more than half of the revenue share by 2017 end. Meanwhile, hand-made false eyelashes will also witness steady growth throughout the forecast period.
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False Eyelashes Market Investigation Monitors Prominent Growth Trends Recorded during Forecast Perio
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