Eye Makeup Market

By Product Type;

Eye Liner, Eye Shadow, Mascara, and Others

By Formulation;

Liquid, Cream, Powder, Gel, and Pencil

By Distribution Channel;

Hypermarket/Supermarket, Specialty Store, Convenience Store, Online Stores, and Others

By End User;

Professional, Personal, and Creative

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn513264493 Published Date: June, 2025 Updated Date: July, 2025

Eye Makeup Market Overview

Eye Makeup Market (USD Million)

Eye Makeup Market was valued at USD 20,148.18 million in the year 2024. The size of this market is expected to increase to USD 29,897.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Eye Makeup Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 20,148.18 Million
Market Size (2031)USD 29,897.55 Million
Market ConcentrationMedium
Report Pages301
20,148.18
2024
29,897.55
2031

Major Players

  • L’Oréal S.A.
  • Coty Inc.
  • Shiseido Company, Limited
  • The Estée Lauder Companies Inc.
  • Natura & Co

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Eye Makeup Market

Fragmented - Highly competitive market without dominant players


The Eye Makeup Market is experiencing rapid growth due to increasing aesthetic awareness and the influence of modern fashion trends. Over 60% of beauty-focused consumers emphasize eye enhancement as a key part of their daily grooming routines. This surge in attention has led to the introduction of innovative and diverse product lines across the industry.

Innovation Through Enhanced Cosmetic Technology
The sector is evolving with cutting-edge cosmetic innovations and improved application technologies. More than 45% of new eye makeup products feature smudge-proof, waterproof, and long-wear capabilities. These functional advancements cater to consumer needs for lasting results while maintaining ease of use and comfort.

Ethical Beauty and Premium Choices
A rising preference for natural and premium beauty solutions is redefining consumer choices. Approximately 35% of users now prefer ethical options such as vegan, cruelty-free, or plant-based formulations. This movement is strengthening the presence of sustainable brands and driving demand for cleaner cosmetic alternatives.

Digital Platforms Reshaping Consumer Behavior
Digital transformation is redefining the way consumers engage with eye makeup products. With over 50% of purchases happening online, features like AR-based virtual try-ons and AI-guided product suggestions are creating personalized shopping experiences. This shift is strengthening the market’s digital sales trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type

    2. Market Snapshot, By Formulation

    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Eye Makeup Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising beauty consciousness among global consumers

        2. Surge in demand for long-lasting products

        3. Influence of beauty influencers and celebrities

        4. Technological innovation in eye cosmetic formulas

      2. Restraints
        1. Adverse effects from chemical ingredients

        2. Stringent cosmetic regulations across regions

        3. Counterfeit and low-quality product circulation

        4. High product costs in emerging economies

      3. Opportunities
        1. Expansion into organic and vegan eye makeup

        2. AI-powered virtual try-on and customization tools

        3. Growth via e-commerce and direct-to-consumer

        4. Personalized eye makeup based on skin tone

    2. PEST Analysis
      1. Political Analysisv
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Eye Makeup Market, By Product Type, 2021 - 2031 (USD Million)
      1. Eye Liner

      2. Eye Shadow

      3. Mascara

      4. Others

    2. Eye Makeup Market, By Formulation, 2021 - 2031 (USD Million)

      1. Liquid

      2. Cream

      3. Powder

      4. Gel

      5. Pencil

    3. Eye Makeup Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarket/Supermarket

      2. Specialty Store

      3. Convenience Store

      4. Online Stores

      5. Others

    4. Eye Makeup Market, By End User, 2021 - 2031 (USD Million)

      1. Professional

      2. Personal

      3. Creative

    5. Eye Makeup Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. L’Oréal S.A.
      2. Estée Lauder Companies Inc.
      3. Coty Inc.
      4. Shiseido Co., Ltd.
      5. Natura & Co
      6. Revlon, Inc.
      7. e.l.f. Beauty, Inc.
      8. Amway Corp
      9. Avon Products Inc.
      10. Chanel S.A.
      11. Benefit Cosmetics LLC
      12. Anastasia Beverly Hills
      13. Urban Decay (L’Oréal subsidiary)
  7. Analyst Views
  8. Future Outlook of the Market