Global Hair Wigs and Extensions Market
The global Hair Wigs and Extensions market was valued at USD 6.1 billion in 2021 which expected to reach USD 12.27 billion by 2027 at a CAGR 11.28 %from 2021-2027.
Hair loss can develop in full or partial baldness as a result of a variety of medical illnesses and hormones, making people self-conscious about their appearance. As a result, demand for hair implants has skyrocketed. Animal hair, human hair, synthetic fibre, futura, virgin hair, or a combination of these materials are used to produce hair extensions. Jute fibres were used to manufacture mimicking hair for theatrical wigs in the early 1990s, but as fashions changed, the raw material options expanded: animal hair, human hair, synthetic fibre, futura, virgin hair, or a blend of these materials.
Market Drivers
Technological advancements in the manufacture and design of synthetic hair wigs
Technological developments in the production and design of synthetic hair wigs are one of the key drivers driving growth in the hair wigs and extension market. Synthetic hair wigs and extensions have come a long way in terms of style and appearance.
Market Restraints
Increased competition and product stiffness are also expected to stymie the growth of the hair wigs and extension market over the forecast period. The availability of raw materials, as well as the expanding use and upkeep of hair extensions, may pose further challenges to the growth of the hair wigs and extension market in the near future.
COVID-19 Impact on the Hair Wigs and Extensions Market
The COVID-19 epidemic has had a significant influence on the hair wig and extension market. The COVID-19 pandemic's lockdown scenario has affected the hair wigs and extension industry. Sales, revenue, raw materials, distribution routes, and export and import were all down. The raw materials supply for the hair integration business was extremely limited. Retail stores and distribution channels had been closed. However, in the post-COVID scenario, the market for hair wigs and extensions is expected to be considerably impacted.
Market Segmentation
The Global Hair Wigs and Extensions Market is segmented into Product, Hair Type. By Product such as Wigs, Extensions. Further, market is segmented into By Hair Type such as Human Hair, Synthetic Hair.
Regional Analysis
Global Hair Wigs and Extensions Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Hair Wigs and Extensions market. The increased penetration and use of wigs and extensions among all age groups is related to the region's expansion. Hair accessories are used throughout the region for both utilitarian and fashion purposes. The United States is the world's largest importer of hair products. According to the Observatory of Economic Complexity (OEC), the United States was the top importer of wigs, artificial beards, and other similar products in 2020, accounting for 53.6% of the total.
Key Players
Various key players are listed in this report such as Evergreen Products Group Ltd.; Godrej Consumer Products Ltd.; Artnature Inc.; Aderans Co., Ltd.; Donna Bella Hair; F.N. Longlocks; ALERIANA Wigs; Klix Hair Extensions; Indique Hair; Shake-N-Go, Inc.. among others.
Market Taxonomy
By Product
By Hair Type
By Region
Key Questions Addressed by the Report
Global Hair Wigs and Extensions Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Hair Wigs and Extensions Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Hair Wigs and Extensions Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Hair Wigs and Extensions Market Share Analysis, By Product
5.3 Global Hair Wigs and Extensions Market Size and Forecast, By Product
5.3.1 Wigs
5.3.2 Extensions
6 Global Hair Wigs and Extensions Market, By Hair Type
6.1 Y-o-Y Growth Comparison, By Hair Type
6.2 Global Hair Wigs and Extensions Market Share Analysis, By Hair Type
6.3 Global Hair Wigs and Extensions Market Size and Forecast, By Hair Type
6.3. 1 Human Hair
6.3.2 Synthetic Hair
7 Global Hair Wigs and Extensions Market, By Region
7.1 Global Hair Wigs and Extensions Market Share Analysis, By Region
7.2 Global Hair Wigs and Extensions Market Share Analysis, By Region
7.3 Global Hair Wigs and Extensions Market Size and Forecast, By Region
8 North America Hair Wigs and Extensions Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Hair Wigs and Extensions Market Share Analysis, By Product
8.3 North America Hair Wigs and Extensions Market Size and Forecast, By Hair Type
8.4 North America Hair Wigs and Extensions Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Hair Wigs and Extensions Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Hair Wigs and Extensions Market Share Analysis, By Product
9.3 Europe Hair Wigs and Extensions Market Size and Forecast, By Hair Type
9.4 Europe Hair Wigs and Extensions Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Hair Wigs and Extensions Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Hair Wigs and Extensions Market Share Analysis, By Product
10.3 Asia Pacific Hair Wigs and Extensions Market Size and Forecast, By Hair Type
10.4 Asia Pacific Hair Wigs and Extensions Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Hair Wigs and Extensions Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Hair Wigs and Extensions Market Share Analysis, By Product
11.3 Latin America Hair Wigs and Extensions Market Size and Forecast, By Hair Type
11.4 Latin America Hair Wigs and Extensions Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Hair Wigs and Extensions Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Hair Wigs and Extensions Market Share Analysis, By Product
12.3 Middle East Hair Wigs and Extensions Market Size and Forecast, By Hair Type
12.4 Middle East Hair Wigs and Extensions Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Group Ltd
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Godrej Consumer Products Ltd
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Artnature Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Aderans Co., Ltd
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Donna Bella Hair; F.N. Longlocks
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 ALERIANA Wigs
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Klix Hair Extensions.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Indique Hair
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Shake-N-Go, Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
