Core Insights - The false eyelash industry in Pingdu, Qingdao, has developed into a billion-dollar market, capturing 70% of the global market share [1][2] - The rise of the "she economy" has significantly driven the demand for beauty products, including false eyelashes, highlighting the industry's growth potential [2] Industry Overview - The false eyelash industry in Pingdu began in the 1970s and has since grown to produce approximately 120 million pairs annually, with a significant portion exported [2] - The local workforce, particularly during agricultural off-seasons, provides ample labor for the industry, contributing to local employment and income [2] Company Developments - Companies in the region are transitioning from traditional family workshop models to standardized production, enhancing efficiency by 5 to 6 times and increasing economic benefits by 20% [4][5] - There is a strategic shift towards high-end product development and brand building, moving away from low-end production to improve resilience against price wars [5] Market Trends - The e-commerce platform for false eyelashes shows a profit margin of around 30%, indicating a lucrative market with high repurchase rates [5][6] - The establishment of the "China Eyelash Industry Capital" brand aims to standardize production and enhance the industry's legitimacy [6] Future Plans - Future initiatives include promoting cross-border e-commerce, enhancing the influence of the eyelash capital, and developing a digital supply chain platform to foster innovation [7]