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.

Report Code: PMI415220 | Publish Date: August 2023 | No. of Pages: 168

Global Hair Wigs And Extensions Market Overview

Hair extensions are an effective solution that cover-up with the natural hair and estimates them as long, thick, and healthy. Hair extensions can be made from two types i.e. from human hair or synthetic hair. Synthetic hair extensions are man-made from a variety of synthetic fibers, while human hair extensions are made from real human hair. For women, extremely important part of their self-esteem is hair. Thus, human hair industry is providing different solutions through hair extensions and wigs. India has emerged to be one of the highest exporters of human hair being used for such applications.

Global Hair Wigs And Extensions Market Dynamics

Rising demand for beauty and lifestyle accessories

Hair wigs have found the highest adoption in the fashion and entertainment industry, in terms of revenue. Rise in demand for traction alopecia, especially in the African-originated individuals, is a major factor boosting the global hair wigs and extensions market. Another major propelling force for the global market is the urban population driving towards beauty industry along with primary end-user in the market. The superior infrastructure facilities and access for better amenities are boosting the retail demand for beautiful looking hair and radiating skin in the global market.

Increased Demand with Social Media as Enabler

Online channels and retail distribution channels are the major platforms from were Hair wigs and extensions products are sold. The products are also available to end-users through online direct-to-consumer stores as well as online shopping websites. Social media platforms is an emerging trend of promoting wigs and hair extension products. These platforms consists of integrated shopping capabilities, which enables several hairstylists and influencers to sell wigs and extensions online. Key players in countries such as the US and the UK mainly sell their products in dedicated and hypermarkets, beauty stores, and online general marketplace platforms. The sale of hair wigs and extensions through hypermarkets, retail stores, and fashion stores has always been the topmost worldwide. Even though the trend of selling online has been increasing in recent years, a significant share of hair wigs and extensions distribution takes place through hair salon and beauty stores, specialty stores, and hair clinics.

Increasing branding and manufacturing expenses

Manufacturers of well-known brands are usually associated with high-quality products and are considered more trustworthy in terms of product safety and other aspects. Wholesalers and consumers with limited knowledge of hair goods tend to choose manufacturers of reputable hair goods. Hence, new entrants will find it difficult to establish their own brand and expand their market share.

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Global Hair Wigs And Extensions Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global hair wigs and extensions market is segmented based on type, end-user, distribution channel, and region.

On the basis of type, the global hair wigs and extensions market is segmented into human hair wigs and extensions and synthetic hair wigs and extensions. Based on end-user, the global market is classified into entertainment and fashion industry and individual consumers. On the basis of distribution channel, the target market is classified into online and retail.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global hair wigs and extensions market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, North America dominated the market share, growing at a significant CAGR during the forecast period. The rising popularity of hair stylists and style recommendations is contributing to the growth of North America in the global market. Asia-pacific dominated the second largest market share in 2017, growing at a moderate CAGR during the forecast period. Increasing purchasing power and rapid urbanization across APAC are augmenting the growth of this region in the global market.

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Report Scope:

Attribute

Details

Base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019 to 2029

Market Segmentation

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

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global Hair Wigs and Extensions market report based on test, end- user, distribution channel, and region:

Global Hair Wigs and Extensions Market, By Test:

  • Human Hair Wigs and Extensions
  • Synthetic Hair Wigs and Extensions

Global Hair Wigs and Extensions Market, By End-user:

  • Entertainment and Fashion Industry
  • Individual Consumers

Global Hair Wigs and Extensions Market, By Distribution Channel:

  • Online
  • Retail

Global Hair Wigs and Extensions Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Hair Wigs And Extensions Market Key Players

The key players operating the global Hair wigs and extensions market includes Godrej, Great Lengths, Godrejcp, Hair Dreams, Easihair, Balmain, Donna Bella, Cinderella, Socap, Anhui Jinruixiang, and Ruimei. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in February 2020, Great Lengths was awarded a best hair extensions at the Marie Claire Hair Awards.

Global Hair Wigs And Extensions Market Company Profile

  • Godrej
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Great Lengths
  • Godrejcp
  • Hair Dreams
  • Easihair
  • Balmain
  • Donna Bella
  • Cinderella
  • Socap
  • Anhui Jinruixiang
  • Ruimei

“*” marked represents similar segmentation in other categories in the respective section

Global Hair Wigs And Extensions Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Hair Wigs and Extensions Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By End-user
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Hair Wigs and Extensions Market, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Human Hair Wigs and Extensions
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Synthetic Hair Wigs and Extensions
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Hair Wigs and Extensions Market, By End-user, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Entertainment and Fashion Industry
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Individual Consumers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Hair Wigs and Extensions Market, By Distribution Channel, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Online
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Retail
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Hair Wigs and Extensions Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
    • Godrej
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Business Strategies
    • Great Lengths
    • Godrejcp
    • Hair Dreams
    • Easihair
    • Balmain
    • Donna Bella
    • Cinderella
    • Socap
    • Anhui Jinruixiang
    • Ruimei
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The market is segmented on the basis of product type, end-user, distribution channel & region

Increasing demand for beauty accessories and favourable growth of the fashion industry are the key driver for the growth of the market

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

North America accounted for largest market share in the market in 2018 and the region is projected to maintain its dominance over the forecast period