Canada Eyeshadow Stick & Blush Stick Market Trends, Size, Growth Insight, Share, Competitive Analysis, Regional and global Industry Forecast To 2033
The Canada eyeshadow stick & blush stick market is expected to be worth US$ ~245 million in 2023 and US$ ~389.4 million by 2033, growing at ~4.7% CAGR from 2023 to 2033.
The popularity of natural and organic components in the cosmetic sector has rapidly expanded along with the trend towards natural and organic household products. Natural products are gaining popularity among beauty experts as the emphasis on preserving healthy skin increases.
Due to this trend, beauty aficionados have evolved, which has a discernible impact on the sales of cosmetics like blush and eyeshadow sticks. As customer opinions of natural beauty products shift, major corporations are focusing on product development to address the unique needs of knowledgeable beauty aficionados and beauty bloggers.
Beauty aficionados who are well-informed frequently choose colour cosmetics that are secure and offer a natural appearance, such eyeshadow and blush. Therefore, the market for eyeshadow sticks and blush sticks in Canada has grown due to the increasing popularity of natural and organic products.
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Key Takeaways from the Canada Eyeshadow Stick & Blush Stick Market Study
Eyeshadow stick is expected to hold prominent share of the Canada eyeshadow stick & blush stick market.
Key players are focusing on implementing eco-friendly and sustainable manufacturing processes in order to cater to the increasing demand for eyeshadow stick and blush stick.
In terms of sales channel, the online segment is estimated to grow at a CAGR of ~6.9% during the projection period.
“The use of cutting-edge technologies by beauty brands to facilitate safer cosmetic product trials is currently being emphasised more. During the forecast period, the market is anticipated to benefit from the use of virtual reality to encourage online purchasing.”, says an FMI Analyst.
Who is winning?
Manufacturers are concentrating on boosting their R&D expenditure for product innovation and manufacturing smaller, streamlined, and fashionable products.
Major players present in the U.S. BPC retail vending machine market are L'Oreal SA, Maybelline, Nyx Professional Makeup, Rimmel London, ELF Cosmetics, Revlon, Coty Inc., Chanel, Dior Beauty, M.A.C Cosmetics, Charlotte Tilbury, Sheiseido Company, Bobbi Brown, Yves Saint Laurent, and The Estee Lauder Companies Inc. among others.
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the Canada eyeshadow stick & blush stick market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on Canada eyeshadow stick & blush stick market by product type (eyeshadow stick & blush stick), sales channel (beauty salons, modern trade, departmental stores, specialty stores, online retailers, mono brand stores, and other sales channel).
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