The global demand for Hair Wigs and Extensions Market is presumed to reach the market size of nearly USD 32.98 MN by 2028 from USD 8.24 MN in 2021 with a CAGR of 9.21% under the study period 2022 - 2028.
Human hair is lengthened and made fuller by artificial hair integrations, also referred to as hair weaves, hair extensions, and fake hair. Usually, extra human or synthetic hair is clipped, glued, or sewn onto natural hair as hair extensions. These techniques include tape-in extensions, clip-in or clip-on extensions, micro/nano rings, fusion process, weaving method, and wigs. Hair wigs and hair extensions are employed to conceal breakage and are available in the form of a cap or clip and are used to cover the entire head to change the hairstyle.
The hair wigs and extensions market is witnessing robust growth due to increasing cases of alopecia, hair loss, cast, and other hair fall-related conditions. Moreover, the importance of celebrities & social media influencers is a major factor fueling the rise of the hair wigs and extension industry. The global usage of internet-enabled smartphones has contributed to the growing popularity of digital media as a vital communication and marketing channel for vendors in the global hair wigs and extension industry.The improvements in the creation and design of synthetic hair wigs is another factor attracting traction to this market. Synthetic hair wigs and extensions have advanced significantly in terms of appearance and style. In addition, it's projected that the growing need for the product in the modeling profession will positively affect hair wigs demand by enabling models to attain specific looks.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hair wigs and extensions. The growth and trends of hair wigs and extensions industry provide a holistic approach to this study.
This section of the hair wigs and extensions market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Human Hair Wigs And Extensions
- Synthetic Hair Wigs And Extensions
This section covers the regional outlook, which accentuates current and future demand for the Hair Wigs and Extensions market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hair Wigs and Extensions Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hair wigs and extensions market include Rebecca, Great Lengths, Godrejcp, Hair Dreams, Easihair, Balmain, Donna Bella, Cinderella, Socap, Anhui Jinruixiang, Ruimei, Evergreen Products Group, Hairlocs, Aderans Co., Ltd, Artnature Inc, Klix Hair Extension, UltraTress, Racoon, Hair Addictionz, Xuchang Penghui, Shengtai, Yinnuohair, Xuchang Haoyuan, FN LONGLOCKS, VivaFemina, Meishang, Locks&Bonds, Femme Hair Extension. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. The global hair wigs and extensions market size is expected to be valued USD 8.24 BN in 2021.
b. The worldwide hair wigs and extensions market growth is estimated to grow by around 9.21% from 2023 to 2028.
b. North America occupies the highest market share in the global hair wigs and extensions market.
b. The global hair wigs and extensions market is segmented by Type (Human Hair Wigs And Extensions, Synthetic Hair Wigs And Extensions), by Application (Men, Women)
b. The leading players in the global hair wigs and extensions market are Rebecca, Great Lengths, Godrejcp, Hair Dreams, Easihair, Balmain, Donna Bella, Cinderella, Socap, Anhui Jinruixiang, Ruimei, Evergreen Products Group, Hairlocs, Aderans Co. Ltd, Artnature Inc, Klix Hair Extension, UltraTress, Racoon, Hair Addictionz, Xuchang Penghui, Shengtai, Yinnuohair, Xuchang Haoyuan, FN LONGLOCKS, VivaFemina, Meishang, Locks&Bonds, Femme Hair Extension.