Asia Pacific False Eyelashes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Material, and Distribution Channel

Asia Pacific False Eyelashes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Material, and Distribution Channel

  • July 2021 •
  • 91 pages •
  • Report ID: 6134230 •
  • Format: PDF
The false eyelashes market in APAC is expected to grow from US$ 330.68 million in 2021 to US$ 513.29 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.

Rising utilization of false eyelashes in entertainment and fashion industry is also bolstering the growth of the industry.Growing preference for false eyelashes among models and celebrities is fueling the growth of the market.

Since the last few years, increasing cosmetic and personal care products among celebrities and models has led to the rising popularity of false eyelashes.Therefore, false eyelashes have gone from special-occasion adornment to a must-have, everyday accessory.

With such huge popularity, vendors functioning in the market are introducing false eyelashes as per consumer needs.Thereby, the industry has developed a product that is easily accessible.

Moreover, the growing adoption of false eyelashes by popular celebrities and social media influencers is anticipated to extend to emerging markets such as China, and India, thereby fueling the growth of the false eyelashes market over the coming years. Researchers suggest that false eyelashes first came into popularity in the entertainment industry as the eye with false lashes enhances the look of the actor. Not only do these false eyelashes look great, but they give natural lashes a break from the effect of makeup. Therefore, such factors are expected to create lucrative opportunities to the vendors present in the false eyelashes market, is among the other factors expected to positively influence the demand for false eyelashes.

The COVID-19 outbreak has impacted distinguished industries differently.Due to the pandemic, the lockdown scenario has affected and hampered the supply chain of the false eyelashes market.

The non-availability of raw materials and labor, owing to the restrictions on the movement of people, has hindered the production of the false eyelashes.The COVID-19 outbreak has been considered a pandemic and has badly affected several businesses.

The pandemic has had the most influence on the production, logistics, and tourism & travel industries.The virus outbreak propelled the governments of numerous countries to impose a lockdown to decrease the spread of the virus.

Thus, several companies are undergoing downtime and have driven some companies to work remotely, leading to low productivity and income. In consumer goods, personal care industry had been significantly growing before the COVID-19 outbreak; however, it has experienced an irregularity in recent time, as consumers are selective in their purchases. The disruption of the supply chain has further halted the accessibility of products. Consumers have opted to spend lower on consumer goods owing to the ambiguity surrounding their income. The COVID-19 is anticipated to cause a significant economic loss in Asia-Pacific. The consequence and impact are likely to worsen with the spread of the virus. The governments of various Asia-Pacific countries-imposed lockdown in early 2020 to restrict the spread of the virus, which, in turn, negatively impacted the false eyelashes market revenue. The Government have asked the non-essential goods manufacturers to delay their production which will adversely affect the global supply of false eyelashes.

The synthetic segment led the false eyelashes market based on material in 2020Synthetic hair used to make false eyelashes are made from numerous synthetic blended fibres.These fibres are fine plastic fibres that are produced to imitate natural human hair lashes.

These lashes are made of acrylic and rubber material or polymers, and their dominance is accredited to their inexpensiveness.It is comparatively glossier and shinier than their natural counterparts, thus gives a dramatic look.

Owing to their firmness, they hold curls extremely well and are available in a range of length, thickness, style, and curl, which is ultimately drives the false eyelashes market.

The overall APAC false eyelashes market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the APAC false eyelashes market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC false eyelashes market. American International Industries; Esqido; House of Lashes; Huda Beauty; Kiss Products, Inc.; Kosé Corporation; Lilly Lashes; MAC Cosmetics; PAC Cosmetics LLP; and PDC Brands are among a few players operating in the APAC false eyelashes market.
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