Published on : Dec 21, 2016
Albany, New York, December 21, 2016: The beauty tools and accessories industry has shown massive growth potential in the recent years. Also, the revenue of professional salon industry is rising at a high rate which is also boosting the demand. A new report that has been broadcasted to the database of Market Research Hub (MRH) describes the market overview of beauty tools & accessories in United Kingdom along with key trends, driver and restraints. It is titled as “Beauty Tools and Accessories - UK - December 2016”.
It is well known that beauty tools and accessories are items used for enhancing the appearance of various parts of our body like hands, legs, nails, hair, face etc. Some of the important beauty tools are hairbrush, eyelash curler, curling irons, scissors, shaving tools, pedicure & manicure tools, make up accessories etc. Most of these tools are used in beauty salons and spas. Also, these products usually have very high profit margins. The beauty vlogger phenomenon has boosted the popularity of make-up brushes and blenders, with innovation in the market which is now focusing on keeping these products clean and hygienic. The report states that, ageing population is the biggest factor that fuels the demand for beauty tools. According to Mintel research analysts, the market has seen significant interest as 42% of U.K. women aged 16-24 are interested in packaging with built-in tools such as brushes.
The market for this industry is largely concentrated in the developed countries of the world like USA, United Kingdom and France. The way the beauty tools and equipment accessories industry is growing, the trends for the future indicates that it will be one of the most profitable and luxurious industries in the world. Moreover, the impact of beauty blogs and focus on cleaning and replacing tools are also the key drivers for this market.
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The report further analyzed that, specialized beauty tools and equipment are now experiencing strong growth as consumers have grown more perspective due to the large marketing campaigns of major western beauty tools and equipment chains. Consumer awareness can be seen in the diversity of premium products being demanded and the numerous formulas required to improve skin tone and appearance. New niche brands of beauty tools & accessories are also proliferating rapidly. In another section, companies and brands along with launch activities in U.K. are also mentioned.
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