PUBLISHER: TechNavio | PRODUCT CODE: 1502155
PUBLISHER: TechNavio | PRODUCT CODE: 1502155
The hair wigs and extension market is forecasted to grow by USD 7061.2 mn during 2023-2028, accelerating at a CAGR of 10.15% during the forecast period. The report on the hair wigs and extension market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advances in production and design of synthetic hair wigs, growing demand for hair goods as fashion accessories, and rising demand for premium human hair goods.
Technavio's hair wigs and extension market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.97% |
CAGR | 10.15% |
Incremental Value | $7061.2mn |
By Distribution Channel
By Product
By Geography
This study identifies the growing prominence of celebrity and social media influencers as one of the prime reasons driving the hair wigs and extension market growth during the next few years. Also, growing emphasis on omnichannel retail and shift in production landscape will lead to sizable demand in the market.
The report on the hair wigs and extension market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hair wigs and extension market vendors that include Aderans Co. Ltd., Artnature Inc., Cha Cha Hair Products Ltd., Diva Divine Hair Extensions and Wigs, Donna Bella OpCo LLC, Evergreen Products Group Ltd., F.N. Longlocks, Godrej and Boyce Manufacturing Co. Ltd., Great Lengths Universal Hair Extensions Srl, Hair Visions International, Hairdreams Haarhandels GmbH, Hairlocs, India Hair International, Indique Hair LLC, Klix Hair Inc., Locks and Bonds, Racoon International Ltd., SalonLabs Exports India Pvt. Ltd., Shake N Go Inc., and Shandong Elite Hair Products Co. Ltd.. Also, the hair wigs and extension market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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