By 2025, the worldwide market for all things beautifying will increase even more, to an estimated $758 billion.
According to a recent report, there are significant opportunities in this rapidly growing market for lash extensions. Lash extensions appear to impact mascara’s sale, with several major makeup collections not even including the once-beloved product in their initial offerings. CNN.com reported that between 2016 and 2019, sales of false lashes and related products (kits, glue, and applicators) increased by more than 80% to $313 million in annual sales. What’s more, lash extensions are excellent repeat business. According to The New York Beauty Institute (NYBI), the average lash extension customer will return to their preferred salon every four to six weeks for a new application.
Savvy entrepreneurs understand the importance of seizing an opportunity of this magnitude. Now is the time to invest in a franchise with a premier position in this burgeoning industry, The Lash Lounge.