About Makeup Tools
Makeup tools refer to different equipment for applying and blending makeup. Different types of makeup tools are brushes, sponge, and others. Makeup tools market has high growth prospects owing to increasing demand from the working women population. Further, growing online distribution channel, changing lifestyle standard, growing disposable income in the developing economies driving the demand for makeup tools. In addition, increasing demand for the makeup tools for different applications expected to drive the demand for makeup tools over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Makeup Tools market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L’Oréal International (France), Lakme Cosmetics (India), Avon LLC (United Kingdom), Maybelline LLC (United States), Amway (United States), Oriflame Cosmetics AG (Sweden), Revlon Inc. (United States), Sephora (France), Colorbar Cosmetics Pvt. Ltd (India), Louis Vuitton (France) and L Brands, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kao Corporation (Japan), Shiseido Company, Ltd. (Japan), Estée Lauder (United States) and Edgewell Personal Care (United States).
Segmentation Overview
AMA Research has segmented the market of Global Makeup Tools market by Type (Brushes, Eyelash Tools, Sponge and Other), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Makeup Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Retail Stores will boost the Makeup Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emphasizing On Development of Makeup Tools for Different Applications and Emphasizing On the Marketing and Promotional Activities
Market Growth Drivers:
Changing Lifestyle Standard Fueled By Rise in Disposable Income and Increasing Demand from the Working Women Population
Challenges:
Increasing Dominance of Local Players Products
Restraints:
Stringent Government Regulations Regarding Makeup Products and High Cost Associated With Makeup Tools
Opportunities:
Growing Online Distribution Channel for the Makeup Tools and Rising Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In December 2021, Online beauty platform, Purplle has acquired the cosmetics and skincare brand, FACES CANADA.this acquisition, Purplle will expand its consumer offerings with a superior international makeup portfolio," Purplle said in a statement.
In January 2023, L’Oréal Group revealed two new beauty technology tools at the recent Consumer Electronics Show (CES) 2023 in Las Vegas, USA: Hapta and L’Oréal Brow Magic.
“The two most important laws pertaining to cosmetics marketed in the United States are the Federal Food, Drug, and Cosmetic Act (FD&C Act) and the Fair Packaging and Labeling Act (FPLA). FDA regulates cosmetics under the authority of these laws.”
Key Target Audience
Makeup Tools Manufacturers, Makeup Tools Distributors, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.