Pune, India -- (SBWIRE) -- 03/17/2020 -- Data Bridge Market Research has published a new report titled Makeup Tools Market reports provides 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to success of the organization. Some are the key players taken under coverage for this study are L'Oréal, Estée Lauder Companies, LVMH, Shiseido Company, Limited, Paris Presents Incorporated, BEAUTYBLENDER, NEW AVON COMPANY, ETUDE HOUSE, Inc., Chanel, Watsons, ZOEVA US, MAKE UP FOR EVER, Amway, Innisfree, Morphe Brushes, Helen of Troy, Mary Kay Inc., Revlon, Hakuho-do, CHIKUHODO Co.,Ltd., e.l.f. Cosmetics, Inc, L Brands, Conair Corporation, MAKE-UP ART COSMETICS, SEEDBEAUTY, KYLIE COSMETICS BY KYLIE JENNER among other players domestic and global.
In November 2019, Coty Inc. announced that they had entered into a partnership with Kylie Jenner to enhance the development rate for Kylie's beauty business and ensure that they can build a global business of the same. The agreement will focus on the expansion of the business on a global scale with both parties of the agreement focusing on better social media expansion and better quality of product development to reach the consumers on a global scale.
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Market Analysis and Insights: Global Makeup Tools Market
Makeup tools market is expected to reach USD 3908.84 million by 2027 witnessing expansion at a potential rate of 9.75% in the forecast period of 2020 to 2027. Growing preference for DIY trend in cosmetics and makeup applications is expected to impact this market growth. A number of innovations in product offerings as per the specific requirements of the consumers are also expected to enhance the market valuation at the end of the forecasted period.
Makeup tools are consumer goods designed for usage as applicators of makeup and cosmetic products of different kinds. The products included in this category of tools are designed for better application and bonding of cosmetics on the skin of individuals for enhanced effects. These tools are also focused on offering better ease and convenience in the makeup applications.
Increasing prevalence of educational tutorial videos and content being published online to merge with the DIY trend is expected to act as a growth driver for the market growth. High preference from millennials and consumers to utilize sustainable makeup tools that can be used for a longer duration is also expected to drive the market's growth. Increasing trends of cosmetics premiumization, specifically makeup tools and associated products is also expected to drive the market's growth.
Global Makeup Tools Market Scope and Market Size
Global makeup tools market is segmented on the basis of product, cosmetic type, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Makeup tools market on the basis of product has been segmented into makeup brushes & other tools, eyelash tools, disposable makeup tools, sponge and others. Makeup brushes and tools are further sub-segmented into foundation brush, concealer brush, blush brush, highlighter brush and eye shadow brush. Sponge has been sub-segmented into foundation sponge.
Based on cosmetic type, the makeup tools market has been sub-segmented into organic cosmetics and synthetic cosmetics.
On the basis of application, the makeup tools market consists of personal and professional.
Makeup tools market has also been segmented into offline and online on the basis of distribution channel.
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The report presents relevant data about the different dangers and difficulties looked by various stakeholders. With the proper utilization of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis, this market report has been structured. The Makeup Tools market report considers indispensable viewpoints about the key players in the market, for example, solid and feeble points of the contenders and examination of their techniques as for product and market.
To comprehend Makeup Tools market dynamics in the world mainly, the worldwide Makeup Tools market is analyzed across major global regions.
North America: United States, Canada, and Mexico.
South & Central America: Argentina, Chile, and Brazil.
Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
Europe: UK, France, Italy, Germany, Spain, and Russia.
Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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In this study, the years considered to estimate the market size of Makeup Toolsare as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2018
Forecast Year to 2027
Key Stakeholders/Global Reports:
Makeup Tools Manufacturers
Makeup Tools Distributors/Traders/Wholesalers
Makeup Tools Subcomponent Manufacturers
Industry Association
Downstream Vendors
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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