Hair Wigs and Extensions Market worth US$ 10.42 Billion 2024 with a CAGR of 8.4 %

The report "Global Hair Wigs and Extensions Market, By Type (Human Hair Wigs and Extensions and Synthetic Hair Wigs and Extensions), By End-user (Entertainment and Fashion Industry and Individual Consumers), By Distribution Channel (Online and Retail), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

Key Highlights:

• In September 2018, Cinthol, a brand that has been leading for over 66 years, announced its foray into the male grooming market by launching 8 new variants for face, body, hair and beard applications. With this launch, Cinthol becomes the first ever brand to offer complete grooming solutions in the INR 5,500 crore male grooming market. Cinthol is one of the most iconic brands for men in India and has witnessed the evolution of men understanding them better

Analyst View:

Market Growth Drivers

• Increasing demand for beauty and lifestyle accessories
• Growing hair loss among men and women
• Growth in demand with social media as enabler
• Increasing demand from consumers of African descent

Opportunities and Trends

• Urban settlements forcing image makeovers
• Middle-class population to lead market demand
• Growing adoption of wigs in fashion and entertainment

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Hair Wigs and Extensions Market”, By Type (Human Hair Wigs and Extensions and Synthetic Hair Wigs and Extensions), By End-user (Entertainment and Fashion Industry and Individual Consumers), By Distribution Channel (Online and Retail), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

Key Market Insights from the report:

The global hair wigs and extensions market accounted for US$ 7.43 billion in 2020 and is projected to register a moderate CAGR over the forecast period. The market report has been segmented on the basis of type, end-user, distribution channel, and region.

• By type, the global market is segmented into human hair wigs and extensions and synthetic hair wigs and extensions
• By end-user, the target market is classified into the entertainment and fashion industry and individual consumers
• By distribution channel, the target market is classified into online and retail
• By region, in 2018, North America dominated the market share, growing at a significant CAGR during the forecast period. The rising popularity of hairstylists and style recommendations is contributing to the growth of North America in the global market

Competitive Landscape:

The prominent player operating in the global hair wigs and extensions market includes Godrej, Great Lengths, Godrejcp, Hair Dreams, Easihair, Balmain, Donna Bella, Cinderella, Socap, Anhui Jinruixiang, and Ruimei.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies
• Detailed analysis of the market revenue over the forecasted period
• Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis
• Study on the segments that are anticipated to dominate the market
• Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered

1. Introduction

• Study Deliverables
• Study Assumptions
• Scope of the Study

1. Research Methodology
2. Executive Summary

• Opportunity Map Analysis
• Market at Glance
• Market Share (%) and BPS Analysis, by Region
• Competitive Landscape
• Heat Map Analysis 
• Market Presence and Specificity Analysis

1. Investment Analysis
2. Competitive Analysis

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