888-776-0942 from 8 AM - 10 PM ET
NEW YORK , July 7, 2022 /PRNewswire/ -- The latest market analysis report titled Makeup Tools Market by Product and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report projects the market potential growth difference to reach USD 862.43 million from 2020 to 2025. The market is anticipated to witness an accelerating growth momentum at a CAGR of 6.85% during the forecast period. The analysts at Technavio have categorized the global makeup tools market as a part of the global personal products market. The makeup tools research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the makeup tools market during the forecast period.
For additional highlights on the YOY growth variance and parent market analysis, View Sample Report
Want to know more about the market share and growth contribution of each segment? Request for Sample Now!
"One of the primary growth drivers for this market is the premiumization of makeup tools," says a senior analyst at Technavio. The premium makeup tools offered by market vendors are long-lasting and facilitate easy makeup application. The premium quality products are generally offered by reputed brands, such as L'Oréal and ETUDE HOUSE Inc. (ETUDE HOUSE), which further builds consumer confidence. Consumers are willing to pay a high price for these premium makeup tools offered by renowned brands.
In addition, the emergence of beauty and makeup tutorials is the key trend influencing the growth of the makeup tools market. The emergence of beauty and makeup tutorials will be one of the critical makeup tools market trends that will drive the market growth. The increased penetration of smartphones and the internet has further boosted the popularity of beauty and makeup tutorials. Easy access to such tutorials has encouraged consumers to use different types of makeup products and tools at home. The emerging beauty and makeup tutorials will boost the demand for makeup tools during the forthcoming years.
For more market dynamics influencing the market growth, Download for Sample Report
Have more queries? Get All your questions answered as you Fetch this Sample Report
Cosmetics Products Market in France by Distribution Channel and Product Type - Forecast and Analysis 2022-2026
Online Premium Cosmetics Market by Product and Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of 6.85%
North America, Europe, APAC, South America, and MEA
US, China, Brazil, Germany, UK, and France
Leading companies, competitive strategies, consumer engagement scope
CHANEL Ltd., Coty Inc., e.l.f. Beauty Inc., L'Oreal SA, LVMH Moet Hennessy - Louis Vuitton, Natura &Co., Oriflame Group, Revlon Inc., Shiseido Co. Ltd., and The Estee Lauder Companies Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET