The Latin America, Middle East and Africa Eyelash Serum Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
When compared to lash extensions, a high-quality lash serum that genuinely works will set the consumer back roughly with a significant amount and should last on the surface for about three months if applied morning and night. Investing in an all-natural eyelash serum is a long-term investment in attractiveness. False lashes add to the amount of plastic trash produced and lash adhesive includes harsh chemicals that are not only hazardous to sensitive skin but also to the environment. Many mascaras include harsh chemicals that are harmful to the environment, and that necessitates the use of makeup remover, which adds to the waste of plastic and chemicals in the water systems.
The population of the region is increasingly getting into the fashion industry and receiving large-scale projects from various other regions. With such growing prospects for the fashion industry in this region, the demand for complementary fashion and cosmetics products is also witnessing a surge in parallel. For example, according to Dubai Exports, the fashion and cosmetics industry represents a significant increase in the past couple of years. It was thought that the emirate's manufacturing infrastructure, as well as its image as a powerful cosmopolitan center and lifestyle destination, was vital to its success.
Fashion was deemed the best-performing industry in past, with a substantial value. Dubai has one of the highest per capita spending on personal and cosmetic care in the world. Meanwhile, the existence of an elite consumer market and the entrance of premium cosmetic brands are reported to have provided a plethora of chances for enterprises in the emirate. This is owing to the growing popularity of the fashion and cosmetics industries, the UAE is planning to establish fashion zones to meet the needs of regional population. It is estimated that there are multiple manufacturing units in Dubai, with comparable numbers in the other emirates.
The Brazil market dominated the LAMEA Eyelash Serum Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15 million by 2028. The Argentina market is experiencing a CAGR of 8.7% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 7.8% during (2022 - 2028).
Based on Ingredients, the market is segmented into Conventional and Organic. Based on Type, the market is segmented into Lash Primer, Peptides, and Prostaglandins. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Online Sales Channel, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Eyelash Serum Market is Predict to reach $1.1 Billion by 2028, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LVMH SE, Shiseido Company, Limited, e.l.f. Beauty, Inc., Pacifica Beauty LLC, RapidLash, Skin Research Laboratories, Grande Cosmetics LLC, L'Oreal Group, and RevitaLash Cosmetics.
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