III. Industry Analysis
The eyelash industry is booming and expected to grow over 36% in the next five years. The number of independent eyelash studios has also steadily grown over the past year.
The eyelash extension industry shows no sign of slowing down over the next 5-year and 10-year forecast periods. Although a majority of the growth will occur in North America, this field looks to be a promising one for any students, cosmetologists, or beauticians that want to find a niche for themselves.
The number of businesses offering professional services grew by 14% last year, with some sales quarters seeing gains of 15% over the year before. Franchising has come to the industry as well, with major brands adding over 170 new outlets for American consumers alone last year.
The eyelash extension industry may still be relatively young, but its quick growth and dedicated customer base will help it to be an economic force for many years to come.
