PUBLISHER: Orion Market Research | PRODUCT CODE: 1215715
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215715
Title:Global Eyelashes Enhancing Agents Market Size, Share &Trends Analysis Report by Type (Curling, Lengthening, Volumizing, and Others), by Application (Repairing, and Nourishing), and by Content (Bimatoprost, Lash-Building Serum, Skincare Ingredients, and Others) Forecast Period (2022-2028).
The global eyelashes enhancing agents market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The rising concern related to the products applied on eyelashes has increased the use and demand for preservative-free products. These products are more beneficial for the eyelashes which made many companies use preservative-free ingredients in eyelashes enhancing agents further leading to the market growth across the globe. For instance, in January 2022, Aequus Pharmaceuticals Inc. submitted a New Drug Submission (NDS) application to Health Canada for preservative-free bimatoprost 0.03% eye drops termed Zimed PF.
The global eyelashes enhancing agents market is segmented based on type, application, and content. Based on the type, the market is segmented into curling, lengthening, volumizing, and others. Based on the application, the market is segmented into repairing and nourishing. Based on the content, the market is sub-segmented into bimatoprost, lash-building serum, skincare ingredients, and others. Based on the content, the lash-building serum sub-segment is expected to hold a prominent share in the growth of the global eyelashes enhancing agents market. Consumers adopt eyelash enhancement serum to grow the eyelashes faster due to which the global eyelash enhancing agents market witnesses growth. For instance, in March 2022, YOUMEE launched a rapidly growing queen lash growth serum designed to fulfill the requirement of those facing issues of small and thin eyelashes.
Geographically, the global eyelashes enhancing agents market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is expected to be the fastest-growing region in the global eyelashes enhancing agents market during the forecast period due to the large presence of key market players. The increased focus of companies on the consumer demand for volumized curled lashes drives the growth of the market in the Asia-Pacific region. People are becoming more aware of the eyelash enhancement treatments which increase the usage of eyelash enhancing agents due to which the production increases and led to the growth of the global eyelash enhancing agents market. For instance, in May 2019, Renuka Praveen launched The Lash Studio.in, Chennai's first exclusive lash studio.
The major companies serving the global eyelashes enhancing agents market include AbbVie Inc., L'OREAL S.A., SkinGen International Inc., Skin Research Laboratories, The Estee Lauder Companies Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2021, Medicom Healthcare Ltd. (Medicom) and Famar Health Care Services Madrid (Famar) announced the signing of an Asset Purchase Agreement (APA) for the acquisition by Medicom of the pharmaceutical dossier of BIMATOPROST 0.3 mg/mL, 3ml, preservative-free eye drop solution, developed by Famar R&D.
Research Methodology
The market study of the global eyelashes enhancing agents market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: