Lash Extension Market
Lash Extension Market Forecasts to 2030 - Global Analysis By Product (Cluster/Accent, Individual Eyelash Extensions, Lash Extension Accessories, Lash Extension Adhesive and Other Products), Constituent, Type, Color, Length and By Geography
According to Stratistics MRC, the Global Lash Extension Market is accounted for $1.76 billion in 2023 and is expected to reach $3.19 billion by 2030 growing at a CAGR of 8.9% during the forecast period. The lash extension market refers to the beauty industry segment focused on the production, distribution, and application of artificial eyelash extensions. Lash extensions are synthetic or natural hair fibers individually attached to a person's natural eyelashes, enhancing their length, thickness, and overall appearance. This market encompasses various products and services, including lash extension kits, adhesive glues, tweezers, and professional eyelash extension application services offered by salons and lash technicians.
According to surveyed data published by SBDC Net National Information Clearing House, in May 2020, more than 80,000 beauty salons and barber shop-related establishments generated USD 20 billion in salon industry revenue in the U.S.
Market Dynamics:
Driver:
Technology advancements
Technological innovations have revolutionized every aspect of the industry, from product development to application techniques, ultimately enhancing the overall customer experience. The materials used for lash extensions have become more advanced. Innovative synthetic and natural fibers are lighter, more flexible, and increasingly natural-looking, offering customers a wider range of options to achieve their desired look. Moreover, technology has facilitated quality control measures, ensuring that lash extension products consistently meet high standards. As a result, consumers can enjoy safer, more comfortable, and longer-lasting lash extensions, contributing to the sustained growth of the lash extension market.
Restraint:
High cost
The high cost associated with lash extensions serves as a significant restraint in the lash extension market. While these beauty enhancements offer the allure of longer and fuller lashes, the expense can deter potential customers. Quality lash extensions and professional application services often come with a premium price tag, making them less accessible to individuals with limited disposable income. However, the perceived value of lash extensions can vary among consumers, and some may find it difficult to justify the expense, especially when alternative, lower-cost beauty solutions like mascara and strip lashes are readily available. As a result, addressing pricing strategies and offering more affordable options within the lash extension market is essential to appeal to a broader customer base.
Opportunity:
Rising disposable income
As individuals have more discretionary income, they are increasingly willing to invest in beauty enhancements and cosmetic treatments, including lash extensions. This extra financial flexibility allows a broader demographic to access and afford lash extension services, contributing to market expansion. With higher disposable incomes, consumers can allocate a portion of their budget to regular lash extension appointments, maintenance, and related products. Additionally, this trend is particularly noticeable among working professionals, young adults, and those seeking to maintain an impeccable appearance in the competitive world of social media and professional networking.
Threat:
Health and safety concerns
Health and safety concerns represent a significant restraint in the lash extension market. Improper application or inadequate maintenance of lash extensions can lead to various health and safety issues, including eye infections, allergies, and damage to natural lashes. Adhesives and chemicals used in the lash extension process can cause allergic reactions or irritations, especially in individuals with sensitive skin or allergies.
Covid-19 Impact:
With lockdowns and safety concerns, many lash salons and beauty businesses faced temporary closures, leading to a sharp decline in revenue and consumer demand. The close proximity required during lash extension application raised health and safety concerns, causing apprehension among both clients and technicians. The industry had to adapt to stringent sanitation measures, reduced client capacity, and the use of personal protective equipment, which affected the efficiency and profitability of services.
The lash extension accessories segment is expected to be the largest during the forecast period
Lash Extension Accessories segment is expected to have lucrative growth. These accessories are crucial for both professionals and individuals seeking to achieve, maintain, and customize their lash extensions. Additionally, as this segment complements the broader market by providing the necessary tools and products to ensure the quality, longevity, and safety of lash extensions, making it an integral component of the lash extension industry.
The lash extension professionals segment is expected to have the highest CAGR during the forecast period
Lash Extension Professionals segment is expected to hold profitable growth due to highly skilled and trained individuals who offer professional eyelash extension services. These professionals, often referred to as lash technicians or artists, are experts in the art and science of applying lash extensions to enhance the length, volume, and overall aesthetics of their clients' eyelashes. Moreover, they possess in-depth knowledge of various lash extension styles, materials, and application techniques.
Region with largest share:
Asia Pacific region dominated the largest share due to surge in demand for lash extensions, largely attributed to shifting beauty trends, increased disposable income, and a growing beauty-conscious consumer base. The Asia Pacific region is known for its innovative approach to beauty and is a hub for the development of new lash extension techniques and products. Additionally, the influence of social media and celebrity endorsements has further fueled the popularity of lash extensions in the region, making it a crucial contributor to the global lash extension market's growth and diversification.
Region with highest CAGR:
North America is projected to witness lucrative growth with a strong demand for beauty and cosmetic enhancements. Factors such as evolving beauty standards, celebrity influence, and a growing focus on personal grooming have driven the popularity of lash extensions in North America. The region's consumers are known for their willingness to invest in beauty treatments. Social media platforms, beauty influencers, and celebrities continue to play a significant role in promoting lash extensions, making North America a vital and thriving component of the global lash extension market.
Key players in the market
Some of the key players in Lash Extension market include Sugarlash PRO, NovaLash, Xtreme Lashes, Lavish Lashes, Borboleta Beauty, Bella Lash, Glad Lash, The Lash Professional, Meraki Lashes, Misencil, London Lash Pro, EnVogue Lashes, Luxe Lashes, Pearl Lash and FabuLash.
Key Developments:
In October 2017, Borboleta Beauty announced the industry’s first-ever lash academy. The Borboleta Lash Academy is designed to develop and fine tune the skills of lash artists by providing real world experiences through mentorship in an actual salon environment.
Products Covered:
• Cluster/Accent
• Individual Eyelash Extensions
• Lash Extension Accessories
• Lash Extension Adhesive
• Lash Extension Brushes and Combs
• Lash Extension Cleanser
• Lash Extension Kits
• Lash Extension Remover
• Lash Extension Tweezers
• Other Products
Constituents Covered:
• Synthetic
• Lash Extension Professionals
• Salons and Spas
• Lash Extension Product Manufacturers
• Educational Institutions
• Consumables Suppliers
• Other Constituents
Types Covered:
• Mink
• Silk
Colors Covered:
• Two Tone
• Natural
Lengths Covered:
• Up to 5mm
• 5mm - 10mm
• More Than 10mm
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Lash Extension Market, By Product
5.1 Introduction
5.2 Cluster/Accent
5.3 Individual Eyelash Extensions
5.4 Lash Extension Accessories
5.5 Lash Extension Adhesive
5.6 Lash Extension Brushes and Combs
5.7 Lash Extension Cleanser
5.8 Lash Extension Kits
5.9 Lash Extension Remover
5.10 Lash Extension Tweezers
5.11 Other Products
6 Global Lash Extension Market, By Constituent
6.1 Introduction
6.2 Synthetic
6.3 Lash Extension Professionals
6.4 Salons and Spas
6.5 Lash Extension Product Manufacturers
6.6 Educational Institutions
6.7 Consumables Suppliers
6.8 Other Constituents
7 Global Lash Extension Market, By Type
7.1 Introduction
7.2 Mink
7.3 Silk
8 Global Lash Extension Market, By Color
8.1 Introduction
8.2 Two Tone
8.3 Natural
9 Global Lash Extension Market, By Length
9.1 Introduction
9.2 Up to 5mm
9.3 5mm - 10mm
9.4 More Than 10mm
10 Global Lash Extension Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Sugarlash PRO
12.2 NovaLash
12.3 Xtreme Lashes
12.4 Lavish Lashes
12.5 Borboleta Beauty
12.6 Bella Lash
12.7 Glad Lash
12.8 The Lash Professional
12.9 Meraki Lashes
12.10 Misencil
12.11 London Lash Pro
12.12 EnVogue Lashes
12.13 Luxe Lashes
12.14 Pearl Lash
12.15 FabuLash
List of Tables
1 Global Lash Extension Market Outlook, By Region (2021-2030) ($MN)
2 Global Lash Extension Market Outlook, By Global Lash Extension Market, By Product (2021-2030) ($MN)
3 Global Lash Extension Market Outlook, By Cluster/Accent (2021-2030) ($MN)
4 Global Lash Extension Market Outlook, By Individual Eyelash Extensions (2021-2030) ($MN)
5 Global Lash Extension Market Outlook, By Lash Extension Accessories (2021-2030) ($MN)
6 Global Lash Extension Market Outlook, By Lash Extension Adhesive (2021-2030) ($MN)
7 Global Lash Extension Market Outlook, By Lash Extension Brushes and Combs (2021-2030) ($MN)
8 Global Lash Extension Market Outlook, By Lash Extension Cleanser (2021-2030) ($MN)
9 Global Lash Extension Market Outlook, By Lash Extension Kits (2021-2030) ($MN)
10 Global Lash Extension Market Outlook, By Lash Extension Remover (2021-2030) ($MN)
11 Global Lash Extension Market Outlook, By Lash Extension Tweezers (2021-2030) ($MN)
12 Global Lash Extension Market Outlook, By Other Products (2021-2030) ($MN)
13 Global Lash Extension Market Outlook, By Global Lash Extension Market, By Constituent (2021-2030) ($MN)
14 Global Lash Extension Market Outlook, By Synthetic (2021-2030) ($MN)
15 Global Lash Extension Market Outlook, By Lash Extension Professionals (2021-2030) ($MN)
16 Global Lash Extension Market Outlook, By Salons and Spas (2021-2030) ($MN)
17 Global Lash Extension Market Outlook, By Lash Extension Product Manufacturers (2021-2030) ($MN)
18 Global Lash Extension Market Outlook, By Educational Institutions (2021-2030) ($MN)
19 Global Lash Extension Market Outlook, By Consumables Suppliers (2021-2030) ($MN)
20 Global Lash Extension Market Outlook, By Other Constituents (2021-2030) ($MN)
21 Global Lash Extension Market Outlook, By Global Lash Extension Market, By Type (2021-2030) ($MN)
22 Global Lash Extension Market Outlook, By Mink (2021-2030) ($MN)
23 Global Lash Extension Market Outlook, By Silk (2021-2030) ($MN)
24 Global Lash Extension Market Outlook, By Global Lash Extension Market, By Color (2021-2030) ($MN)
25 Global Lash Extension Market Outlook, By Two Tone (2021-2030) ($MN)
26 Global Lash Extension Market Outlook, By Natural (2021-2030) ($MN)
27 Global Lash Extension Market Outlook, By Global Lash Extension Market, By Length (2021-2030) ($MN)
28 Global Lash Extension Market Outlook, By Up to 5mm (2021-2030) ($MN)
29 Global Lash Extension Market Outlook, By 5mm - 10mm (2021-2030) ($MN)
30 Global Lash Extension Market Outlook, By More Than 10mm (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.