EYELASH EXTENSIONS GRAFTING MARKET REPORT OVERVIEW
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The global eyelash extensions grafting market size is expected to be USD 455.1 million in 2022. As per our research, the market is expected to reach USD 860.83 million in 2031, exhibiting a CAGR of 6.58% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with eyelash extensions grafting experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Eyelash extensions are connected to the natural lash hair and basically are semi-permanent lashes that have recently gained popularity among millennial beauty enthusiasts. They are an improvement over applying artificial lashes, and they are noted to last for several weeks. Eyelash extensions have become a sought-after operation as a result of the rise of permanent makeup techniques like lip blushing (a type of tattooing) and eyebrow microblading. It reduces the amount of time needed for makeup greatly and is painless.
COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth
The eruption of COVID-19 has done act as a substantial restraint on some market in 2020, as businesses have been disrupted due to global government lockdowns. COVID-19 is a contagious disease that causes flu-like symptoms such as fever, coughing, and difficulty breathing. National governments' efforts to limit transfer have led to a decrease in business growth and confined trade in goods and services, with nations entering a 'lock down' state. Businesses suffered as a result of the outbreak in 2020 and 2021. Many markets were been affected from this because the main focus was on the respiratory issues. The market growth is expected to rebound from the shock over the forecast period.
Latest Trends
"Enhancement in Demand for Extensions to Intensify Market Magnification"
During the projected period, the global eyelash extensions grafting market is anticipated to benefit from the rising social media popularity of cosmetics and other beauty-related items. The market demand for lash extensions is being driven by the quick development in social media effects and the rise in recognition of lash extension businesses through social media networks. Small lash extension businesses with limited marketing resources can now target more discerning consumer demographics because to social media.
The majority of women who sought out lash extensions in the past were in their early 20s and 30s, but today women of all ages are doing it. Thus, the demand for lash extensions is rising as older women use them more frequently.
EYELASH EXTENSIONS GRAFTING MARKET SEGMENTATION
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- By Type Analysis
According to type, the market can be segmented into rabbit hair, silk protein hair, mane,PBT fiber
Rabbit hair are the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into professional grafting eyelashes, personal use
Professional grafting eyelashes are the leading part of the application segment
Driving Factors
"Employment of Professionals by Salons to Boost Market Share"
To do eyelash extensions grafting, salons are employing professionals. Businesses in the eyelash extensions grafting market are benefiting from these changes in the form of revenue potential. Professionals are able to give people the appearance of having long, natural lashes by using dramatic forms in their eyelash extensions grafting. Women like novel eyelash extension techniques include attaching each mink lash individually rather than in clusters. Therefore, by the employment of professionals by the salons to do the work appropriately will further boost up the eyelash extensions grafting market share.
"Increased Usage of the Extensions in Wedding Makeover to Expand Market Forwarding"
The eyelash extensions grafting market will be further driven as women are paying greater attention to appearance and becoming more beauty conscious. Lash extensions increase the volume and thickness of natural eyelashes while also enhancing the appearance of the eyes. The desire for lash extensions is being driven by an increased emphasis on appearance and good looks as well as an increase in the placement of lash extensions at gatherings, fashion displays, and wedding events.
Restraining Factors
"High Cost and Maintenance to Deplete Market Advancement"
Even though the technique is generally secure on its own, a few mistakes can harm your natural lashes. For instance, establishments that offer "cheaper" extensions typically apply a cluster of pre-glued lashes to the natural lash line. The natural lashes may be completely destroyed by this. Regularly getting eyelash extensions can cause permanent and long-lasting lash fallout. This occurs because occasionally, lash clusters and even individual lashes can prevent the natural lashes from falling out and interfere with the natural renewal process. Therefore, owing to the above-mentioned facts the eyelash extensions market growth will be hindered.
EYELASH EXTENSIONS GRAFTING MARKET REGIONAL INSIGHTS
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"Appealing Marketing Tactics to Foster Market Growth in North America and Asia Pacific"
North America dominates the sector as a whole and was responsible for the largest portion of global revenue more than 49.70%. The growing preference for the extensions is driving the regional eyelash extensions grafting market growth. To meet the growing demand, manufacturers are also making investments in North America. In accordance to a report, there are currently an estimated 1.3 million consumers of these products.
During the forecast period, it is predicted that the Asia Pacific region will grow at the second-fastest rate. The Asia Pacific market is expected to grow quickly due to factors like changing trends and appealing marketing tactics used by international players. For the product offerings, key manufacturers in the area will continue to broaden their geographic and retail footprints, frequently in conjunction with promotional discount activities.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- SUGARLASH PRO (U.S.)
- JTFIL Eyelashes (U.S.)
- Bella Lash Extensions (U.S.)
- Acelashes (China)
- LavishLashes (U.S.)
- Babil Lashes Factory Company (China)
- NovaLash (U.S.)
- Xtreme Lashes (U.S.)
- Graft A Lash (India)
- JAUNTSKY ARTS&CRAFTS CO., LTD. (India)
- Galash® Lashes (China)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 455.1 Million in 2022 |
Market Size Value By |
US$ 860.83 Million by 2031 |
Growth Rate |
CAGR of 6.58% from 2022 to 2031 |
Forecast Period |
2022-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global eyelash extensions grafting market expected to touch by 2031?
The global eyelash extensions grafting market is expected to touch USD 860.83 million in 2031.
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What CAGR is eyelash extensions grafting market expected to exhibit during 2022-2031?
The eyelash extensions grafting market is expected to exhibit a CAGR of 6.58% over 2022-2031.
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Which are the driving factors of the eyelash extensions grafting market?
Employment of professionals by salons and increased usage of the extensions in wedding makeover to drive the eyelash extensions grafting market.
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Which are the top companies operating in the eyelash extensions grafting market?
SUGARLASH PRO, JTFIL Eyelashes, Bella Lash Extensions, Acelashes, LavishLashes are the top companies operating in the eyelash extensions grafting market.