Press release
Global Hair Wigs and Extension Market To be Worth $10 billion by 2023 | Arizton
The global hair wigs and extension market size is expected to reach revenues over $10 billion by 2023, growing at an impressive CAGR of around 9% 2017–2023.The global hair wigs and extension market is driven by the rising interest for hair care products among men. The rapid urbanization and rising expendable livelihoods in rising economies such as India and China will boost sales in the global market. The market research report provides in-depth market analysis and segmental analysis of the global hair wigs and extension market by type, material, and geography.
Base Year: 2017
Forecast Year: 2018–2023
The report considers the present scenario of global hair wigs and extension market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global hair wigs and extension market.
Hair Wigs and Extension Market - Overview
The growing incidences of thinning of hair, pattern baldness, bald spots, and hair loss in the hairline is driving the demand in the global hair wigs and extension market. The use of hair extensions for marriage or stage functions and to fulfill a more functional purpose such as covering the deficiency in the real hair will boost the sales of these products in the global market. The growing number of consumers using multi-colored and themed wigs that are worn on events like Halloween and cosplays will help generate higher revenues in the market. The different shapes available include braids, buns, and bangs and the vendors are using both human or synthetic hair strands in a pattern of hair locks, wefts, and streaks to draw the maximum number of consumers in the global market. The natural hair for these products is sourced from countries such as India, China, Russia, and Peru. The increasing number of people suffering from various degree and types of alopecia or hair loss is the largest consumer of these products in the global market. The manufacturers in the US source processed and treated hair from vendors in China, India, Myanmar, and Bangladesh. The US is the largest revenue generator in the market, followed closely by APAC. The extensive use of these products to change looks and styles quickly and with ease is driving the growth of the global hair wigs and extension market.
The growing demand for high-end human-hair extensions and ultra-high-quality synthetic wigs across the European region will create new opportunities for leading manufacturers in the global market. The increase in per capita income and spending power among consumers will boost the revenues in the market.
Read the report details: https://www.arizton.com/market-reports/hair-wigs-and-extension-market
Major Vendors in the Global Hair Wigs and Extension Market
Godrej
Great Lengths
Evergreen Products Group Limited
Prominent Players in the Global Hair Wigs and Extension Market
Indique
Indo Hair
FN LONGLOCKS
Diamond Hair Company
Charm Hair
AY Hair Products
Diva Divine India
Aderans
Artnature
Hair Zone, Inc.
Shake-n-Go (SNG) Fashion
Rebecca
Anhui Jinruixiang Hair Product Co. Ltd
Market Segmentation by Type
Wigs
Based on End-Use
Leisure
Beautification
Functional
Based on Cap Type
Lace
Monofilament
Based on Hair Type
Human Hair
Synthetic Hair
Extensions
Based on End-Use
Lengthening and Volumizing
Coloring
Styling
Based on Fitting Type
Clip-In
Micro Link
Tape-In
Glue-In
Based on Hair Type
Human Hair
Synthetic Hair
Market Segmentation by Material
Human Hair
Source Point
Synthetic Hair
Market Segmentation by Geography
North America
US
Canada
Europe
UK
APAC
China
India
ROW
Source: https://www.arizton.com/market-reports/hair-wigs-and-extension-market
About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864
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