Dublin, July 23, 2024 (GLOBE NEWSWIRE) — The “Makeup Tools – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Makeup Tools is estimated at US$2.9 Billion in 2023 and is projected to reach US$5.6 Billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the makeup tools market is driven by several factors, including technological advancements in product design and materials, the rising popularity of makeup tutorials and beauty influencers, and changes in consumer behavior toward beauty and personal care. As social media platforms like Instagram and YouTube thrive, they fuel an ever-growing beauty culture that demands professional-quality makeup application, which in turn boosts the demand for specialized tools.
Additionally, the expansion of the global cosmetics industry into emerging markets has broadened the consumer base, increasing the demand for makeup tools. Technological improvements that enhance the functionality and sustainability of these tools also play a significant role, appealing to environmentally conscious consumers who seek products that align with their values. Together, these drivers ensure continued investment and innovation within the sector, promising sustained growth and diversification in the array of makeup tools available to consumers.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Makeup Brushes segment, which is expected to reach US$2.6 Billion by 2030 with a CAGR of a 10.5%. The Eyelash Tools segment is also set to grow at 8.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $794.3 Million in 2023, and China, forecasted to grow at an impressive 13.4% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Makeup Tools Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Makeup Tools Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Makeup Tools Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amway Corporation, Beautyblender, Chanel, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 39 Featured):
- Amway Corporation
- Beautyblender
- Chanel, Inc.
- CHIKUHODO Co.
- Conair Corporation
- e.l.f. Cosmetics, Inc.
- ETUDE Corporation
- Gracedo
- L`Oreal SA
- LVMH Moet Hennessy – Louis Vuitton
- Shenzhen Liya Beauty Co. Ltd.
- Shenzhen Queen Brush Co. Ltd.
- Shiseido Company, Limited
- Taiki USA
- The Estee Lauder Companies Inc.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 279 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $5.6 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Makeup Tools – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Expansion of the Beauty Industry into Emerging Markets Drives Tool Sales
- Impact of Celebrity Endorsements & YouTube Influencers on Brand Visibility
- Consumer Preferences Shifting Towards Professional-grade Makeup Tools
- Make-Up TV Shows & Competition Push up Popularity of Makeup Tools
- Growth in Male Grooming and Its Impact on Makeup Tool Market
- Rise of DIY Beauty Trends and Their Influence on Sales
- Demand for Multi-functional Makeup Tools for On-the-Go Consumers
- Evolution of Online Tutorials and Their Role in Educating Consumers
- Strategic Retail Placements and In-store Experiences Enhancing Purchases
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/e8elx0
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