Eye Makeup Market by Product, Distribution Channel

List of Tables

[190 Pages Report] The Eye Makeup Market size was estimated at USD 17.55 billion in 2023 and expected to reach USD 18.60 billion in 2024, at a CAGR 6.50% to reach USD 27.27 billion by 2030.

Eye makeup is applied around the eyes to enhance or alter their appearance. These products include eyeshadow, eyeliner, mascara, and eyebrow pencils. Eye makeup is a staple in many beauty regimes, playing a crucial role in cosmetic application by emphasizing the eyes and contributing to a desired look, whether for daily wear or special occasions. Rising disposable incomes globally have allowed consumers to spend more on luxury and non-essential goods, including makeup is driving the market growth. Social media platforms and beauty influencers have played a pivotal role in shaping trends and consumer preferences. Tutorials, product reviews, and endorsements from popular personalities encourage followers to try new products and techniques, thereby fueling market growth. The availability of counterfeit products associated with eye makeup products hampers the market growth. There is an increasing awareness regarding cruelty-free and vegan makeup products. The eye makeup industry is growing to accommodate these preferences, with more brands committing to ethical practices, creating opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 17.55 billion
Estimated Year [2024]	USD 18.60 billion
Forecast Year [2030]	USD 27.27 billion
CAGR (%)	6.50%

Product: Rising popularity of eye liners that are available in multiple forms: liquid, gel, and pencil

Brow liners are makeup products designed specifically for defining and filling in the eyebrows. They come in various forms, including pencils, powders, and gels. Their primary function is to enhance the shape of the eyebrows, making them appear fuller and more defined. Brow liners are available in a range of colors to match different hair colors and skin tones, allowing for a natural or dramatic look depending on the application technique. Eye liners are used to define the eyes, making them stand out by outlining the eyelid and the base of the lashes. They are available in multiple forms: liquid, gel, and pencil being the most common. Eye liners can be used to create various looks from a precise thin line for a natural effect to a thicker, bolder line for more dramatic eye makeup. Colors range widely, offering options for everyday looks as well as more artistic or occasion-specific applications. Eye pencils are similar to eye liners and tend to have a softer, waxier texture. They are excellent for creating smudged, smoky eye looks due to their blendable nature. Eye pencils are versatile, being used not only to line the eyes but sometimes also as a base for eyeshadow. They come in a spectrum of colors, allowing for creativity and customization in eye makeup routines. Eye pencils usually offer easier control and application, making them suitable for makeup users of all skill levels. Mascara is a cosmetic product applied to the eyelashes to make them appear longer, thicker, and darker. It is one of the most popular eye makeup products and comes in various formulas, including waterproof, volumizing, and lengthening options. Mascaras have a wand applicator that is used to coat the lashes from root to tip, helping to separate the lashes and prevent clumps. Available in different colors, black remains the most commonly used shade for its ability to provide a striking contrast and enhance the eyes. Eyeshadow is used to add color and dimension to the eyelids. It comes in various forms, including powder, cream, and stick. Eyeshadows can be found in a vast array of colors and finishes, from matte to shimmer to metallic. Used alone or in combination, eyeshadows can create depth, highlight the eyes, or add a pop of color to makeup looks. They are applied with brushes, applicators, or fingers, and the bendability of the product allows for seamless integration into the desired eye makeup style.

Distribution Channel: Increasing availability of eye makeup products across online channels

Offline distribution channel encompasses brick-and-mortar stores such as department stores, specialty stores, supermarkets, and pharmacies. It is traditionally the most prevalent method for consumers to purchase eye makeup. The main advantage of offline channels is the tactile experience they offer, allowing customers to physically interact with products, from testing shades to getting professional advice. However, the challenges include higher operational costs and the limitations of geographical reach. In an increasingly digital world, offline channels also face stiff competition from online platforms, which often offer wider selections and convenience. The online channel includes e-commerce platforms, brand websites, and social media marketplaces. This channel has seen exponential growth, significantly accelerated by global events such as the COVID-19 pandemic. The advantages here include convenience, a broader reach, and often more competitive pricing due to lower operational costs. Through digital marketing, brands can also engage directly with consumers, offering personalized experiences and leveraging data analytics for targeted product recommendations. The challenges include the inability of customers to try products before purchase, increased return rates, and the saturated market, which can make it difficult for new entrants to gain visibility.

Regional Insights

Consumers in America prefer innovative and high-quality products that offer long-lasting wear and are made from safe, often natural or organic, ingredients. There is a significant demand for eye makeup that caters to diverse skin tones and types, reflecting the region's multifaceted demographics. Additionally, the digital influence is strong, with social media trends and beauty influencers playing a pivotal role in shaping consumer preferences. The APAC region is marked by its rapid market growth, driven by increasing disposable incomes and a growing interest in personal grooming and beauty products among both women and men. Countries such as China, South Korea, and Japan are at the forefront, each with unique beauty standards that influence product preferences. For instance, in South Korea and Japan, there is a strong emphasis on products that offer a natural look, such as light and subtle eye shadows and eyeliners that enhance the eyes' shape without appearing too bold. The influence of K-beauty and J-beauty trends is also significant, promoting innovative products including, cushion eyeliners and fiber mascaras. The EMEA region presents a diverse market due to its wide range of cultures and consumer preferences. In Europe, there is a strong preference for high-quality, luxury eye makeup products, with consumers valuing brand heritage and sustainability. The Middle East showcases a demand for bold and long-lasting products that can withstand hot climates, with a particular emphasis on eyeliners and mascaras. In Africa, the market is emerging, with an increasing interest in eye makeup that caters to diverse skin tones and types, reflecting the continent's diverse demographics.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Eye Makeup Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Eye Makeup Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Eye Makeup Market, highlighting leading vendors and their innovative profiles. These include Amorepacific Corporation, Amway International Inc., Apcos Naturals Pvt. Ltd., Avon Products, Inc., Christian Dior SE, Clarins Group, ColorBar Cosmetics Pvt. Ltd., Coty Inc., e.l.f. Beauty, Inc., Estee Lauder Companies Inc., Kao Corporation, L'Oreal S.A., LVMH Corp., MARS Cosmetics, Mary Kay Inc., Natura Cosmeticos S.A., Oriflame Cosmetics AG, Revlon, Inc., Shiseido Company, Limited, The Procter & Gamble Company, Too Faced Cosmetics, LLC, Unilever PLC, Urban Decay Cosmetics LLC, and Vellvette Lifestyle Private Limited.

Market Segmentation & Coverage

This research report categorizes the Eye Makeup Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Brow liner
- Eye Liner
- Eye Pencil
- Mascara
- Shadow

Distribution Channel
- Offline
- Online

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Eye Makeup Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Eye Makeup Market?

3. What are the technology trends and regulatory frameworks in the Eye Makeup Market?

4. What is the market share of the leading vendors in the Eye Makeup Market?

5. Which modes and strategic moves are suitable for entering the Eye Makeup Market?

Product Code: MRR-7A22CB0E5D38

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing consumer disposable income coupled with a desire for self-expression
  - 5.1.1.2. Rising influence of social media and beauty influencers
  - 5.1.1.3. Growing demand for natural and organic makeup products
- 5.1.2. Restraints
  - 5.1.2.1. Stringent product formulation regulations and safety standards
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing development of innovative eye-makeup formulations with added skincare benefits
  - 5.1.3.2. Strategic collaborations between beauty influencers for endorsement of product
- 5.1.4. Challenges
  - 5.1.4.1. Rapid shift in consumer preferences and evolving beauty trends
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising popularity of eye liners that are available in multiple forms: liquid, gel, and pencil
- 5.2.2. Distribution Channel: Increasing availability of eye makeup products across online channels
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Eye Makeup Market, by Product

6.1. Introduction
6.2. Brow liner
6.3. Eye Liner
6.4. Eye Pencil
6.5. Mascara
6.6. Shadow

7. Eye Makeup Market, by Distribution Channel

7.1. Introduction
7.2. Offline
7.3. Online

8. Americas Eye Makeup Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Eye Makeup Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Eye Makeup Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. AF94 Partners with Ulta Beauty to Expand Eye Makeup Collection
- 11.3.2. Rare Beauty Ushers in Fall with Trio of Eye Makeup Innovations
- 11.3.3. L'Oreal Revolutionizes Inclusive Beauty with Cutting-Edge Technology at CES 2023
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio