Human Hair Segment to Dominate North America Hair Extensions Market during 2021-2028
According to this research study titled “North America Hair Extensions Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Product Type, Source, End-User and Country,” the market is expected to reach US$ 1,679.35 million by 2028 from US$ 1,311.99 million in 2021. The market is estimated to grow at a CAGR of 3.6% from 2021 to 2028. The report provides trends prevailing in the North America hair extensions market along with the drivers and restraints pertaining to the market growth. Rise in adoption of self-grooming products and increase in disposable income and change in living standards of middle-class population are the major factors driving the growth of the North America hair extensions market. However, the unethical practices in hair industry may hinder the growth of North America hair extensions market.
In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of hair extensions manufacturing activities. Downfall of other consumer goods manufacturing sectors has subsequently impacted the demand for hair extensions during the early months of 2020. Moreover, decline in the overall entertainment & fashion products manufacturing activities has led to discontinuation of hair extensions manufacturing projects, thereby reducing the demand for hair extensions. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.
The market for North America hair extensions is segmented into product type, source, end-user and country. Based on product type, the market is segmented into tape-in, fusion and pre-bonded, clip-in, and others. In 2020, the clip-in segment held the largest share in North America hair extensions market. Based on source, the North America hair extensions is bifurcated into human hair and synthetic. The human hair segment is expected to be the fastest growing segment over the forecast period. Based on end-user, the North America hair extensions is broken into men and women. In 2020, the women segment held the largest share in North America hair extensions market. Furthermore, in this present scenario of COVID-19 pandemic, the North America hair extensions market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for hair extensions.
Great Lengths Universal Hair Extensions S.p.A., Balmain Paris Hair Couture, Easihair Pro, Klix Hair Extensions, Locks & Bonds, Anhui Jinruixiang Hair Products Co., Ltd., Evergreen Product Group Limited, SO.CAP.USA, Barclaywolf Hair Extensions and Cinderella Hair Extension are some of the leading companies in the North America hair extensions market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the North America Hair Extensions market as follows:
North America Hair Extensions Market - By Product Type - Tape-in
North America Hair Extensions Market - By Source - Human Hair
North America Hair Extensions Market - By End-User - Men
North America Hair Extensions Market - By Country - US
According to this research study titled “North America Hair Extensions Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Product Type, Source, End-User and Country,” the market is expected to reach US$ 1,679.35 million by 2028 from US$ 1,311.99 million in 2021. The market is estimated to grow at a CAGR of 3.6% from 2021 to 2028. The report provides trends prevailing in the North America hair extensions market along with the drivers and restraints pertaining to the market growth. Rise in adoption of self-grooming products and increase in disposable income and change in living standards of middle-class population are the major factors driving the growth of the North America hair extensions market. However, the unethical practices in hair industry may hinder the growth of North America hair extensions market.
In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of hair extensions manufacturing activities. Downfall of other consumer goods manufacturing sectors has subsequently impacted the demand for hair extensions during the early months of 2020. Moreover, decline in the overall entertainment & fashion products manufacturing activities has led to discontinuation of hair extensions manufacturing projects, thereby reducing the demand for hair extensions. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.
The market for North America hair extensions is segmented into product type, source, end-user and country. Based on product type, the market is segmented into tape-in, fusion and pre-bonded, clip-in, and others. In 2020, the clip-in segment held the largest share in North America hair extensions market. Based on source, the North America hair extensions is bifurcated into human hair and synthetic. The human hair segment is expected to be the fastest growing segment over the forecast period. Based on end-user, the North America hair extensions is broken into men and women. In 2020, the women segment held the largest share in North America hair extensions market. Furthermore, in this present scenario of COVID-19 pandemic, the North America hair extensions market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for hair extensions.
Great Lengths Universal Hair Extensions S.p.A., Balmain Paris Hair Couture, Easihair Pro, Klix Hair Extensions, Locks & Bonds, Anhui Jinruixiang Hair Products Co., Ltd., Evergreen Product Group Limited, SO.CAP.USA, Barclaywolf Hair Extensions and Cinderella Hair Extension are some of the leading companies in the North America hair extensions market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the North America Hair Extensions market as follows:
North America Hair Extensions Market - By Product Type - Tape-in
- Fusion and Pre-bonded
- Clip-in
- Others
North America Hair Extensions Market - By Source - Human Hair
- Synthetic
North America Hair Extensions Market - By End-User - Men
- Women
North America Hair Extensions Market - By Country - US
- Canada
- Mexico
Frequently Asked Questions about the North American Hair Extensions Market
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Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 1311.99 Million |
Forecasted Market Value ( USD | $ 1679.35 Million |
Compound Annual Growth Rate | 3.6% |
Regions Covered | North America |
Table of Contents
1. Introduction
3. Research Methodology
4. North America Hair Extensions Market Landscape
5. North America Hair Extensions Market - Key Market Dynamics
6. Hair Extensions - North America Market Analysis
7. North America Hair Extensions Market Analysis - By Product Type
8. North America Hair Extensions Market Analysis - By Source
9. North America Hair Extensions Market Analysis - By End User
10. Hair Extensions Market - Country Analysis
11. Overview- Impact of Coronavirus Outbreak on North America Hair Extension Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Great Lengths Universal Hair Extensions S.p.A
- Balmain Paris Hair Couture
- Easihair Pro
- Klix Hair Extensions
- Locks & Bonds
- Anhui Jinruixiang Hair Products Co., Ltd.
- Evergreen Products Group Limited
- SO.CAP.USA
- Cinderella Hair Extension
- Barclaywolf Hair Extensions