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Global Hair Wigs And Extensions Market Size, Share & Industry Trends Analysis Report by Product, Hair Type, Regional Outlook and Forecast, 2022-2028

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    Report

  • 126 Pages
  • September 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5673489
The Global Hair Wigs And Extensions Market size is expected to reach $9.6 billion by 2028, rising at a market growth of 8.2% CAGR during the forecast period.



People, particularly young people, are heavily influenced by platforms such as Instagram to engage in their appearance and personalities, which will provide new development opportunities for the top market participants throughout the projection period. The demand for several cosmetic goods, including hair accessories, is rising globally as consumers have more access to the internet and different social media platforms.
The senior population's increasing usage of wigs and extensions to conceal the problem of alopecia is anticipated to support market growth. The population of people 60 and over was 1.4 billion in 2020, and the World Health Organization (WHO) predicts that number will quadruple to 2.1 billion by 2050. Additionally, major businesses are releasing specially made hair-related items that best meet customer demand. For example, Hi-MO LLC offers individualized items including hair wigs, hair colour, hair care, and others for each customer. Consumer usage of wigs and extensions has increased as androgenetic alopecia, or baldness has become more prevalent.

COVID-19 Impact Analysis

The market for hair extensions and wigs has been significantly impacted by the COVID-19 outbreak. The COVID-19 pandemic's shutdown situation has affected the hair extension and wigs industry. Raw materials, distribution channels, exports, and imports were all lower than expected, as were sales and income. The supply of raw materials for the hair integration business was extremely constrained. Retail establishments and means of distribution had been stopped. Moreover, the market for hair extensions and wigs is expected to see additional negative effects in the post-COVID situation.

Market Growth Factors

Rising technological advancements in the production and design of synthetic hair wigs

One of the main factors propelling growth in the market for hair wigs and extensions is technological improvements in the manufacture and design of synthetic hair wigs. Synthetic hair wigs as well as extensions have advanced significantly in terms of appearance and style. The elderly conceals their hair loss problem by using extension products. Additionally, the elderly population's growing awareness of the existence of such items is projected to spur market expansion.

Growing prominence of celebrity and social media influencers across the world

The prominence of celebrities & social media influencers is yet another important factor boosting the hair wigs and extension market. The fast-global usage of Internet-enabled smartphones has contributed to the growing popularity of digital media as a vital communication and marketing channel for suppliers. The main purpose of hair extensions is to hide hair breakdown. A bigger audience may now access a variety of topics due to social media, digital influencers, and content makers. This would further accelerate the growth of the hair wigs and extensions market over the forecast period.

Market Restraining Factors

Problem of Headache & Discomfort owing to products’ use

The expansion of the hair extensions business is anticipated to be constrained by the increased prevalence of headaches and hair breakage brought on by the use of such goods. In addition, many spend a lot of time attaching their wigs and hair extensions to the roots of their heads. A factor like this could restrict how much people want the product. Moreover, the growing consumer knowledge regarding hair styling equipment like as straighteners, bands, curlers,and others is predicted to restrict the market profits. This would further hinder the growth of the market over the forecast period.

Product Outlook

On the basis of product, the hair wigs and extensions market is segmented into Wigs and Extensions. The hair extension segment acquired a significant revenue share in the hair wigs and extensions market in 2021. The rising popularity and utilization of hair extensions by female customers throughout the world to boost the volume of their hair is credited with the segment's rise. Additionally, the growth is linked to an increase in the usage of hair extensions since they are readily available and can be attached using a variety of ways that do less harm to natural hair.



Hair Type Outlook

Based on hair type, the hair wigs and extensions market is divided into Human Hair and Synthetic Hair. The human hair segment garnered the maximum revenue share in the hair wigs and extensions market in 2021. Using different retail and online distribution channels, numerous brands in these areas provide these items. These labels comprise RENE OF PARIS,JON RENAU COLLECTION, and Ellen Wille, among others. Along with the expansion of the world economy, the segment's rise is also attributable to the rising per capita disposable income.

Regional Outlook

Region-wise, the hair wigs and extensions market is analyzed across North America, Europe, Asia Pacific and LAMEA. North America emerged as the leading region with the largest revenue share in the hair wigs and extension market in 2021. The increasing adoption and utilization of wigs and extensions across all age groups is credited with the region's rise. The hair accessories in the region are utilized as both useful and decorative items. The U.S. imports more hair products than any other country in the world.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Evergreen Products Group Ltd., Artnature, Inc., Godrej Consumer Products Ltd. (Godrej Group), Aderans Company Limited, Donna Bella Hair, F.N. Longlocks, Aleriana Wigs, Klix Hair, Inc., Indique, and Shake-N-Go, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Wigs
  • Extensions

By Hair Type

  • Human Hair
  • Synthetic Hair

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Evergreen Products Group Ltd.
  • Artnature, Inc.
  • Godrej Consumer Products Ltd. (Godrej Group)
  • Aderans Company Limited
  • Donna Bella Hair
  • F.N. Longlocks
  • Aleriana Wigs
  • Klix Hair, Inc.
  • Indique
  • Shake-N-Go, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Hair Wigs And Extensions Market, by Product
1.4.2 Global Hair Wigs And Extensions Market, by Hair Type
1.4.3 Global Hair Wigs And Extensions Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Hair Wigs And Extensions Market by Product
3.1 Global Wigs Market by Region
3.2 Global Extensions Market by Region
Chapter 4. Global Hair Wigs And Extensions Market by Hair Type
4.1 Global Human Hair Market by Region
4.2 Global Synthetic Hair Market by Region
Chapter 5. Global Hair Wigs And Extensions Market by Region
5.1 North America Hair Wigs And Extensions Market
5.1.1 North America Hair Wigs And Extensions Market by Product
5.1.1.1 North America Wigs Market by Country
5.1.1.2 North America Extensions Market by Country
5.1.2 North America Hair Wigs And Extensions Market by Hair Type
5.1.2.1 North America Human Hair Market by Country
5.1.2.2 North America Synthetic Hair Market by Country
5.1.3 North America Hair Wigs And Extensions Market by Country
5.1.3.1 US Hair Wigs And Extensions Market
5.1.3.1.1 US Hair Wigs And Extensions Market by Product
5.1.3.1.2 US Hair Wigs And Extensions Market by Hair Type
5.1.3.2 Canada Hair Wigs And Extensions Market
5.1.3.2.1 Canada Hair Wigs And Extensions Market by Product
5.1.3.2.2 Canada Hair Wigs And Extensions Market by Hair Type
5.1.3.3 Mexico Hair Wigs And Extensions Market
5.1.3.3.1 Mexico Hair Wigs And Extensions Market by Product
5.1.3.3.2 Mexico Hair Wigs And Extensions Market by Hair Type
5.1.3.4 Rest of North America Hair Wigs And Extensions Market
5.1.3.4.1 Rest of North America Hair Wigs And Extensions Market by Product
5.1.3.4.2 Rest of North America Hair Wigs And Extensions Market by Hair Type
5.2 Europe Hair Wigs And Extensions Market
5.2.1 Europe Hair Wigs And Extensions Market by Product
5.2.1.1 Europe Wigs Market by Country
5.2.1.2 Europe Extensions Market by Country
5.2.2 Europe Hair Wigs And Extensions Market by Hair Type
5.2.2.1 Europe Human Hair Market by Country
5.2.2.2 Europe Synthetic Hair Market by Country
5.2.3 Europe Hair Wigs And Extensions Market by Country
5.2.3.1 Germany Hair Wigs And Extensions Market
5.2.3.1.1 Germany Hair Wigs And Extensions Market by Product
5.2.3.1.2 Germany Hair Wigs And Extensions Market by Hair Type
5.2.3.2 UK Hair Wigs And Extensions Market
5.2.3.2.1 UK Hair Wigs And Extensions Market by Product
5.2.3.2.2 UK Hair Wigs And Extensions Market by Hair Type
5.2.3.3 France Hair Wigs And Extensions Market
5.2.3.3.1 France Hair Wigs And Extensions Market by Product
5.2.3.3.2 France Hair Wigs And Extensions Market by Hair Type
5.2.3.4 Russia Hair Wigs And Extensions Market
5.2.3.4.1 Russia Hair Wigs And Extensions Market by Product
5.2.3.4.2 Russia Hair Wigs And Extensions Market by Hair Type
5.2.3.5 Spain Hair Wigs And Extensions Market
5.2.3.5.1 Spain Hair Wigs And Extensions Market by Product
5.2.3.5.2 Spain Hair Wigs And Extensions Market by Hair Type
5.2.3.6 Italy Hair Wigs And Extensions Market
5.2.3.6.1 Italy Hair Wigs And Extensions Market by Product
5.2.3.6.2 Italy Hair Wigs And Extensions Market by Hair Type
5.2.3.7 Rest of Europe Hair Wigs And Extensions Market
5.2.3.7.1 Rest of Europe Hair Wigs And Extensions Market by Product
5.2.3.7.2 Rest of Europe Hair Wigs And Extensions Market by Hair Type
5.3 Asia Pacific Hair Wigs And Extensions Market
5.3.1 Asia Pacific Hair Wigs And Extensions Market by Product
5.3.1.1 Asia Pacific Wigs Market by Country
5.3.1.2 Asia Pacific Extensions Market by Country
5.3.2 Asia Pacific Hair Wigs And Extensions Market by Hair Type
5.3.2.1 Asia Pacific Human Hair Market by Country
5.3.2.2 Asia Pacific Synthetic Hair Market by Country
5.3.3 Asia Pacific Hair Wigs And Extensions Market by Country
5.3.3.1 China Hair Wigs And Extensions Market
5.3.3.1.1 China Hair Wigs And Extensions Market by Product
5.3.3.1.2 China Hair Wigs And Extensions Market by Hair Type
5.3.3.2 Japan Hair Wigs And Extensions Market
5.3.3.2.1 Japan Hair Wigs And Extensions Market by Product
5.3.3.2.2 Japan Hair Wigs And Extensions Market by Hair Type
5.3.3.3 India Hair Wigs And Extensions Market
5.3.3.3.1 India Hair Wigs And Extensions Market by Product
5.3.3.3.2 India Hair Wigs And Extensions Market by Hair Type
5.3.3.4 South Korea Hair Wigs And Extensions Market
5.3.3.4.1 South Korea Hair Wigs And Extensions Market by Product
5.3.3.4.2 South Korea Hair Wigs And Extensions Market by Hair Type
5.3.3.5 Singapore Hair Wigs And Extensions Market
5.3.3.5.1 Singapore Hair Wigs And Extensions Market by Product
5.3.3.5.2 Singapore Hair Wigs And Extensions Market by Hair Type
5.3.3.6 Malaysia Hair Wigs And Extensions Market
5.3.3.6.1 Malaysia Hair Wigs And Extensions Market by Product
5.3.3.6.2 Malaysia Hair Wigs And Extensions Market by Hair Type
5.3.3.7 Rest of Asia Pacific Hair Wigs And Extensions Market
5.3.3.7.1 Rest of Asia Pacific Hair Wigs And Extensions Market by Product
5.3.3.7.2 Rest of Asia Pacific Hair Wigs And Extensions Market by Hair Type
5.4 LAMEA Hair Wigs And Extensions Market
5.4.1 LAMEA Hair Wigs And Extensions Market by Product
5.4.1.1 LAMEA Wigs Market by Country
5.4.1.2 LAMEA Extensions Market by Country
5.4.2 LAMEA Hair Wigs And Extensions Market by Hair Type
5.4.2.1 LAMEA Human Hair Market by Country
5.4.2.2 LAMEA Synthetic Hair Market by Country
5.4.3 LAMEA Hair Wigs And Extensions Market by Country
5.4.3.1 Brazil Hair Wigs And Extensions Market
5.4.3.1.1 Brazil Hair Wigs And Extensions Market by Product
5.4.3.1.2 Brazil Hair Wigs And Extensions Market by Hair Type
5.4.3.2 Argentina Hair Wigs And Extensions Market
5.4.3.2.1 Argentina Hair Wigs And Extensions Market by Product
5.4.3.2.2 Argentina Hair Wigs And Extensions Market by Hair Type
5.4.3.3 UAE Hair Wigs And Extensions Market
5.4.3.3.1 UAE Hair Wigs And Extensions Market by Product
5.4.3.3.2 UAE Hair Wigs And Extensions Market by Hair Type
5.4.3.4 Saudi Arabia Hair Wigs And Extensions Market
5.4.3.4.1 Saudi Arabia Hair Wigs And Extensions Market by Product
5.4.3.4.2 Saudi Arabia Hair Wigs And Extensions Market by Hair Type
5.4.3.5 South Africa Hair Wigs And Extensions Market
5.4.3.5.1 South Africa Hair Wigs And Extensions Market by Product
5.4.3.5.2 South Africa Hair Wigs And Extensions Market by Hair Type
5.4.3.6 Nigeria Hair Wigs And Extensions Market
5.4.3.6.1 Nigeria Hair Wigs And Extensions Market by Product
5.4.3.6.2 Nigeria Hair Wigs And Extensions Market by Hair Type
5.4.3.7 Rest of LAMEA Hair Wigs And Extensions Market
5.4.3.7.1 Rest of LAMEA Hair Wigs And Extensions Market by Product
5.4.3.7.2 Rest of LAMEA Hair Wigs And Extensions Market by Hair Type
Chapter 6. Company Profiles
6.1 Evergreen Products Group Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.2 Artnature, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.3 Godrej Consumer Products Ltd. (Godrej Group)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.4 Aderans Company Limited
6.4.1 Company Overview
6.5 Donna Bella Hair
6.5.1 Company Overview
6.6 F.N. Longlocks
6.6.1 Company Overview
6.7 Aleriana SRL
6.7.1 Company Overview
6.8 Klix Hair, Inc.
6.8.1 Company Overview
6.9 Indique
6.9.1 Company Overview
6.10. Shake-N-Go, Inc.
6.10.1 Company Overview

Companies Mentioned

  • Evergreen Products Group Ltd.
  • Artnature, Inc.
  • Godrej Consumer Products Ltd. (Godrej Group)
  • Aderans Company Limited
  • Donna Bella Hair
  • F.N. Longlocks
  • Aleriana Wigs
  • Klix Hair, Inc.
  • Indique
  • Shake-N-Go, Inc.

Methodology

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