The Europe hair extensions market was valued at US$ 1.16 billion in 2023 and is expected to reach US$ 1.73 billion by 2031; it is estimated to register a CAGR of 5.1% from 2023 to 2031.
According to the World Data Lab projections, the middle-class population drives demand for various products including beauty and hair products in the global economy. They are expected to fuel the industry growth owing to rising per capita income. A noticeable change in middle-class spending patterns will affect the Europe hair extensions market . The rise in disposable income in the middle-class population has changed their shopping behavior and living standards, affecting the grooming market. Thus, such factors are driving the demand for hair extensions.
By product type, the Europe hair extensions market is segmented into tape-in, fusion and pre-bonded, clip-in, weft, and others. The clip-in segment held the largest share of the Europe hair extensions market share in 2023.
In terms of source, the Europe hair extensions market is segmented into human hair and synthetic hair. The synthetic hair segment held a larger share of the Europe hair extensions market share in 2023.
In terms of distribution channel, the Europe hair extensions market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the Europe hair extensions market share in 2023.
Based on country, the Europe hair extensions market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe segment held the largest share of Europe hair extensions market in 2023.
Balmain Hair Group BV, Barclay Wolf Ltd, Evergreen Products Group Ltd, Great Lengths SpA, and Socap USA Inc are some of the leading companies operating in the Europe hair extensions market.
Increasing Disposable Income and Changing Living Standards of Middle-Class Population Drives Europe Hair Extensions Market
The global middle-class population, the next potential consumer segment for the personal care and cosmetic industry, has surged significantly. The shopping behavior and living standards of the middle-class population are changing rapidly with the increase in per capita disposable income. In the current market scenario, the number of consumers visiting branded salons is more significant than ever, owing to their proactive search for branded products, including hair care and skincare products. Such consumers are often primary targets for consumer-focused businesses because of their discretionary spending power.According to the World Data Lab projections, the middle-class population drives demand for various products including beauty and hair products in the global economy. They are expected to fuel the industry growth owing to rising per capita income. A noticeable change in middle-class spending patterns will affect the Europe hair extensions market . The rise in disposable income in the middle-class population has changed their shopping behavior and living standards, affecting the grooming market. Thus, such factors are driving the demand for hair extensions.
Europe Hair Extensions Market Overview
The Rest of Europe has registered slow yet remarkable growth in producing and consuming hair extensions. Increasing investments by the key players to develop innovative hair products is anticipated to influence the market growth positively. The robust growth in the product offerings is also impacting the market growth in the Rest of Europe.Europe Hair Extensions Market Revenue and Forecast to 2031 (US$ Million)
Europe Hair Extensions Market Segmentation
The Europe hair extensions market is categorized into product type, source, distribution channel, and country.By product type, the Europe hair extensions market is segmented into tape-in, fusion and pre-bonded, clip-in, weft, and others. The clip-in segment held the largest share of the Europe hair extensions market share in 2023.
In terms of source, the Europe hair extensions market is segmented into human hair and synthetic hair. The synthetic hair segment held a larger share of the Europe hair extensions market share in 2023.
In terms of distribution channel, the Europe hair extensions market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the Europe hair extensions market share in 2023.
Based on country, the Europe hair extensions market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe segment held the largest share of Europe hair extensions market in 2023.
Balmain Hair Group BV, Barclay Wolf Ltd, Evergreen Products Group Ltd, Great Lengths SpA, and Socap USA Inc are some of the leading companies operating in the Europe hair extensions market.
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe hair extensions market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe hair extensions market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe hair extensions market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Europe Hair Extensions Market Landscape
5. Europe Hair Extensions Market - Key Market Dynamics
6. Hair Extensions Market -Europe Market Analysis
7. Europe Hair Extensions Market Analysis - by Product Type
8. Europe Hair Extensions Market Analysis - by Source
9. Europe Hair Extensions Market Analysis - by Distribution Channel
10. Europe Hair Extensions Market -Country Analysis
11. Competitive Landscape
12. Company Profiles
LIST OF TABLES
LIST OF FIGURES
Executive Summary
At 4.6% CAGR, the Europe Hair Extension Market is Speculated to be worth US$ 1,670.85 million by 2030.According to this research,, the Europe hair extension market was valued at US$ 1,164.61 million in 2022 and is expected to reach US$ 1,670.85 million by 2030, registering a CAGR of 4.6% from 2022 to 2030. Growth of the personal care and beauty industry and increasing disposable income and changing living standards of middle-class population are the critical factors attributed to the Europe hair extension market expansion.
The demand for hair extension in the entertainment and fashion industry is anticipated to grow significantly due to the increasing preference for hair extension among models and celebrities. The industry is anticipated to grow owing to the surge in the incidence of hair fall among women and men. Also, in terms of revenue, hair extension is highly adopted in the entertainment and fashion industry owing to rising incidence of alopecia. The fashion and entertainment industry has become vital for the sale and adoption of hair extension products. Production and fashion houses stock numerous hair extension for models and actors since they perform distinguished roles and characters. The upsurge in hair ailments among consumers is also assisting the industry to grow at a uniform pace. The number of individuals suffering from hair fall is increasing rapidly, owing to which several people are choosing hair extensions. Thus, such factors are creating lucrative opportunities for the growth of the hair extension market.
On the contrary, unethical practices in hair industry hurdles the growth of Europe hair extension market.
Based on product type, the Europe hair extension market is categorized into tape-in, fusion and pre-bonded, clip-in, and others. The clip-in segment held 48.6% market share in 2022, amassing US$ 566.42 million. It is projected to garner US$ 779.77 million by 2030 to expand at 4.1% CAGR during 2022-2030.
Based on source, the Europe hair extension market is bifurcated into human hair and synthetic hair. The synthetic hair segment held 53.8% share of Europe hair extension market in 2022, amassing US$ 626.57 million. It is projected to garner US$ 879.30 million by 2030 to expand at 4.3% CAGR during 2022-2030.
Based on distribution channel, the Europe hair extension market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 53.2% share of Europe hair extension market in 2022, amassing US$ 619.67 million. It is projected to garner US$ 896.00 million by 2030 to expand at 4.7% CAGR during 2022-2030.
Based on country, the Europe hair extension market has been categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 38.2% share of Europe hair extension market in 2022. It was assessed at US$ 444.66 million in 2022 and is likely to hit US$ 610.00 million by 2030, exhibiting a CAGR of 4.0% during 2022-2030.
Key players operating in the Europe hair extension market are Balmain Hair Group BV, Great Lengths SpA, Evergreen Products Group Ltd, Socap USA Inc, and Barclay Wolf Ltd, among others.
Companies Mentioned
Some of the leading companies in the Europe Hair Extensions Market include:- Balmain Hair Group BV
- Barclay Wolf Ltd
- Evergreen Products Group Ltd
- Great Lengths SpA
- Socap USA Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 68 |
| Published | February 2025 |
| Forecast Period | 2023 - 2031 |
| Estimated Market Value ( USD | $ 1.16 Billion |
| Forecasted Market Value ( USD | $ 1.73 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 6 |
