Increased fashion trends and need of blending the makeup has given rise to the growth of makeup brushes. They enhance the makeup and give a complete look to it. They are helpful in providing an even tone and consistency to the skin. Thus, they are in abundant use in the beauty and cosmetics industry .The new advanced makeup brushes are handy and provide a smooth application of foundation or base to the skin. They are used to highlight the makeup. The makeup brushes market is expected to grow significantly as they provide elegant look with an added advantage of convenience .
Covid-19 Scenrio Analysis:
1)The closure of industries due to novel coronavirus has caused decline in the production rate of makeup brushes.
2)As there are no special events taking place, which are the grand occasions of doing makeup, so ultimately, it led to less demand of makeup brushes.
3)Due to disruptions in supply chain, the makeup brushes market is abruptly suffering ,hence resulting in decrease in the working capital.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers And Impact Analysis
The modern tastes and expectations of the people has led to the flourishment of makeup brushes market. The social media influencers have helped in their growth to a large extent. A rise in the disposable income of people also facilitates its demand. Although, their high price is a major restraint in its growth. The people who are concerned about their outer appearance are vital customers for the makeup brushes market. The changing lifestyles and new trends have introduced smart brushes which provide an elegant touch-up to the makeup. The availability of online makeup tutorials has led to the expansion of makeup brushes market. The rise in the living standards of people will propel the growth of makeup brushes market in the upcoming years.
New product launches to flourish the market
The different types of makeup brushes like foundation brush, stippling brush, powder brush, contour brush and highlight fan brush have different functions and provide a flawless look when used properly. Many companies are introducing different variants of product to attract the target market. MISS & MAM Hilary Rhoda have launched a brush set of seven brushes They are washable, reusable and recyclable. It has several medical benefits. It contains an anti-microbial foam which can fight against the bacteria and pollution. Thus, the products will new properties are able to create more prospects in the market.
Surge in growth due to multimedia marketing
The makeup brushes market has grown at a tremendous rate due to the availability of social media marketing and celebrity endorsements. It has witnessed an upsurge as people prefer the outer appearance nowadays. The rising interests of people towards wellness products has given birth to different brands and thus ,promoting the makeup brushes market.
Key Benefits of the Report:
- This study presents the analytical depiction of the makeup brushes market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the makeup brushes market share.
- The current market is quantitatively analyzed to highlight the makeup brushes market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed makeup brushes market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the makeup brushes market Research Report:
- What are the leading market players active in makeup brushes market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Makeup Brushes Market Report Highlights
By Distribution Channel
Key Market Players
Estee Lauder, LVMH ,E.l.f .,Paris Presents, Amore Pacific, L’Oreal, Chanel, Avon, Sigma Beauty, Shiseido