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NEW YORK , Dec. 3, 2021 /PRNewswire/ -- The increasing demand for eyelash extensions from the millennial population is one of the key drivers for the eyelash extension market growth. Millennials are brand-conscious and do not mind paying higher prices for a particular product of their choice. The increasing adoption of personal care and beauty products among millennials will drive the market for eyelash extensions. However, the availability of low-cost options in the unorganized sector is one of the major challenges for the global eyelash extension market growth. The global eyelash extension market is set to grow by USD 496.83 million from 2021 to 2026, at a CAGR of 4.48% as per the latest report by Technavio.
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31% of the market's growth will originate from APAC. China is the key market for eyelash extension market in the region. Market growth in this region will be faster than the growth of the market in other regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
Read the 120-page report with TOC on "Eyelash Extension Market Analysis Report by Type (mechanical eyelash and handmade eyelash) and Geography (North America , Europe , APAC, South America , and MEA) Forecasts,2022-2026":https://www.technavio.com/report/report/eyelash-extension-market-industry-analysis
The eyelash extension market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
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Eyelash Extension Market Type Outlook (Revenue, USD mn, 2021-2026)
Eyelash Extension Market Geography Outlook (Revenue, USD mn, 2021-2026)
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Accelerate at a CAGR of 4.48%
North America, Europe, APAC, South America, and MEA
US, China, Russian Federation, Germany, and Italy
Leading companies, competitive strategies, consumer engagement scope
Acelashes, Babil Lashes Factory Co., Blink Lash Store, Gold Lashes Group, House of Lashes, JAUNTSKY ARTS AND CRAFTS CO. LTD., JTFIL False Eyelash Co. Ltd., NovaLash, Parfums de Coeur Ltd., and The Estee Lauder Co. Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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