
(MENAFN – GetInformation) According to a current report printed by Grand View Research Inc., the Covid-19 pandemic has disrupted the sweetness and cosmetics business because of severity of restrictions. In addition, the manufacturers are additionally specializing in enhancing their provide strains when it comes to strengthening their E-commerce channel together with providing at-home wellness merchandise, that are extremely suited on this risky enterprise surroundings
The international eye make-up market measurement is predicted to worth at USD 21.41 billion by 2025 to develop at CAGR of 5.7% . Rising consciousness concerning bodily look is projected to drive product demand. Also, growing per capita earnings in creating international locations reminiscent of China, India, Brazil, and Indonesia, permitting the shoppers to spend on beauty merchandise, is predicted to additional gasoline the expansion.
Over the previous few years, quickly rising social media has impacted the market positively. The producers have expanded their model campaigns with the assistance of brand name ambassadors and celebrities by social media channels reminiscent of Instagram, Facebook, YouTube, Pinterest, Twitter, and make-up associated blogs. These digital platforms not solely drive the product demand but additionally educate the shoppers by product centric magnificence tutorials. It has enabled the producers to contact the shoppers instantly, encouraging shoppers to discover new merchandise.
Amid the Covid-19 pandemic, Americans are piqued with eye liners, brows, and eye make-up as masks have modified the make-up method for Americans. Estee Lauder Chairman reported that Lipstick section has been severely hit and the pandemic may point out the decline of ‘lipstick index. Also, E-commerce big Amazon has reported enormous dip in gross sales of lip shade and care in April 2020 and in the mean time, the gross sales of eye make-up considerably shot up by June 2020.
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Eye Makeup Market Report Highlights
• North America held or the biggest market share of greater than 30.0% in 2018
• Eye shadow section is predicted to witness the quickest CAGR of 6.2% from 2018 to 2025
• In phrases of product, mascara held the biggest market share of greater than 35.0% in 2018
• Asia Pacific is predicted to witness the quickest CAGR of 8.3% from 2018 to 2025. Increasing variety of working class girls in rising economies together with China, India, Bangladesh, and Pakistan because of elevated focus of MNC places of work on a home degree is projected to have a powerful influence on the regional progress
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Eye Makeup Market Segmentation
Grand View Research has segmented the worldwide eye make-up market on the premise of product, distribution channel, and area:
Eye Makeup Product Outlook (Revenue, USD Million, 2015 – 2025)
• Mascara • Shadow • Liner • Pencil • Brow • Others
Eye Makeup Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)
• Online • Offline
Eye Makeup Regional Outlook (Revenue, USD Million, 2015 – 2025)
• North America • The U.S. • Europe • Germany • Asia Pacific • China • India • Central & South America • Brazil • Middle East & Africa
List of Key Players of Eye Makeup Market
• L’Oreal S.A. • The Procter & Gamble Company • The Estee Lauder Companies Inc • Shiseido Company • Amway • Chanel S.A. • COLORBAR Unilever
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About Grand View Research
Grand View Research is an India & U.S. based mostly market analysis and consulting firm, registered within the State of California and headquartered in San Francisco. The firm supplies syndicated analysis reviews, custom-made analysis reviews, and consulting providers.
Media Contact Company Name: Grand View Research, Inc. Contact Person: Sherry James, Corporate Sales Specialist – U.S.A. Email: Send Email Phone: 1888202951 Address: Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States City: San Francisco State: California Country: United States Website:
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