888-776-0942 from 8 AM - 10 PM ET
Increasing demand for high-quality cosmetics among individuals drives the growth of the global eyelash serum market.
PORTLAND, Ore. , June 8, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Eyelash Serum Market by Ingredients (Organic, Conventional), by Type (Lash Primer, Prostaglandins, Peptides), by Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Sales Channel, Others): Global Opportunity Analysis and Industry Forecast, 2020-2031." According to the report, the global eyelash serum industry was estimated at $752.10 million in 2020, and is anticipated to hit $1.3 billion by 2031, registering a CAGR of 5.7% from 2022 to 2031.
Increasing demand for high-quality cosmetics among individuals drives the growth of the global eyelash serum market. On the other hand, high cost of such serum impedes the growth to some extent. However, rising demand for technologically advanced products and growing inclination of end-users toward improved quality of serums are expected to create new opportunities in the industry.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/16716
The conventional segment to lead the trail-
On the basis of ingredients, the conventional segment held the major share in 2020, garnering nearly 90% of the global eyelash serum market, owing to easy availability of conventional eyelash serums in the market through various sales channels, including supermarkets, specialty stores, and online sale. The organic segment, on the other hand, is projected to cite the fastest CAGR of 6.7% throughout the forecast period. As consumers are becoming health conscious and are aware of unhealthy production of ingredients and their effects on the skin, demand for organic products has increased to a significant extent, thus propelling the segment growth.
The hypermarkets and supermarkets segment held the major share in 2020-
On the basis of distribution channel, the hypermarkets and supermarkets segment contributed to the lion's share in 2020, holding more than one-third of the global eyelash serum market, due to easy availability of products in the stores. However, the online sales channel segment is projected to manifest the fastest CAGR of 7.7% from 2022 to 2031. This is because online sales channels are widely accepted by consumers in developed countries of North America and Europe , owing to increase in adoption of mobile phones and rise in the Internet penetration.
By region, Asia-Pacific dominated in 2020, garnering nearly two-fifths of the global eyelash serum market. The same region is also expected to cite the fastest CAGR of 6.5% throughout the forecast period. The makeup sector in China , especially in tier 2-3 cities and lower-tier cities, has huge room for further growth, which is expected to boost the demand for eyelash serums among customers. This, in turn, drives the growth of the market.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/16716
Key players in the industry-
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Feminine Hygiene Products Market: Global Opportunity Analysis and Industry Forecast 2021–2030
Electric Toothbrush Market: Global Opportunity Analysis and Industry Forecast 2022–2031
Hair Mask Market: Global Opportunity Analysis and Industry Forecast 2019-2026
Personal Care Wipes Market: Global Opportunity Analysis and Industry Forecast 2020-2031
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact:
David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong : +852-301-84916 India (Pune ): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET