Global Eye Makeup Market Outlook
In 2022, the market valuation of the Eye Makeup market segment reached USD 16.3 Billion. The Eye Makeup industry is anticipated to experience notable expansion, with projections indicating a shift from USD 17.4 Billion in 2023 to USD 30.5 Billion by 2032. This trajectory reflects a substantial compound annual growth rate (CAGR) of 7.21% throughout the forecast period spanning from 2023 to 2032. The driving forces behind this growth include the flourishing beauty and fashion industry, the pervasive impact of social media and influencer culture, rising disposable incomes, continuous innovation and product development, celebrity endorsements and collaborations, the growing awareness of cruelty-free and vegan products, as well as the prominence of online retail and e-commerce channels. These factors collectively contribute to the robust growth of the Eye Makeup Market.
Key Growth Drivers
- Increasing popularity of social media and influencer marketing
- Rising disposable incomes of consumers
- Growing awareness of the importance of eye makeup in enhancing one’s appearance
- Introduction of new and innovative eye makeup products
Segmentation Analysis
- The market is segmented by product type, distribution channel, and region
- Product type is further segmented into mascara, eyeliner, eyeshadow, eyebrow makeup, concealer, and others
- Distribution channel is further segmented into specialty stores, hypermarkets and supermarkets, drugstores, online retail, and others
- Region is further segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa
Competitive Landscape
- Key players in the global eye makeup market outlook include L’Oréal, Estée Lauder, Procter & Gamble, Shiseido, Coty, Chanel, Dior, Revlon, MAC Cosmetics, and Maybelline
The Future of the Global Eye Makeup Market
- The global eye makeup market is expected to continue to grow in the coming years due to the factors mentioned above
- The market is expected to be driven by the increasing popularity of social media and influencer marketing, as well as the introduction of new and innovative eye makeup products
- Emerging markets in Asia-Pacific and Latin America are expected to be major growth drivers for the global eye makeup market
Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Eye Makeup Market : https://www.marketresearchfuture.com/reports/eye-makeup-market-8478
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), and Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team has a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which helps to answer all their most important questions.
To stay updated with the technology and work process of the industry, MRFR often plans & conducts meetings with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 104, Pentagon 4 Magarpatta City, Hadapsar,
Pune – 411013 Maharashtra, India
Tel. (0) + 91 8411985042 / 020 640000195
Email: Sales@marketresearchfuture.com