Press release
Hair Wig Market Share & Size Analysis, Growth, Trends, Report, 2024-2032
The global hair wig market size is expected to gain momentum by reaching USD 4.57 billion by 2032 while exhibiting a CAGR of 4.0% between 2024 to 2032. In its report titled "Hair Wig Market, 2024-2032," Fortune Business Insight mentions that the market stood at USD 2.57 billion in 2023 and is expected to be USD 2.73 billion in 2024.In recent times, people are aware about how using a hair wig can enhance their look and boost the confidence of a person, who is dealing with excessive hair loss problems. Using these wigs are easy and companies are coming up with custom made and personalized designs to fulfill the demand of the consumers. Additionally, high spending by the population to keep with trends is amplifying the demand for a wig as a fashion product.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hair-wig-market-106241
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ข๐ซ ๐๐ข๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Evergreen Products Grouped Limited (Hong Kong)
โฃ Donna Bella Hair (Utah, U.S.)
โฃ Ruimei Hair Products co.,Ltd (Xuchang, China)
โฃ Aderans Co., Ltd. (Shinjuku, Japan)
โฃ Shake-n-Go Fashion, Inc. (New York, U.S.)
โฃ Henan Rebecca Hair Products Co., Ltd. (Xuchang, China)
โฃ HairUWear(Kansas, U.S.)
โฃ Paula Young(Massachusetts, U.S.)
โฃ Lord hair(Qingdao, China)
โฃ Anhui Jinruixiang Hair Product CO.,LTD (Anhui, China)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐๐ข๐ซ ๐๐ข๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
By product type, the market is bifurcated into human hair and synthetic hair.
โข Based on type, the human hair segment held the market share of 66.28% in 2020. This is attributable to the product's ability to appear and feel incredibly natural.
By end-user it is divided into men and women. By distribution channel, it is segmented into offline and online. Finally, based on region, the market is categorized into North America, Europe, Asia Pacific, South America and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/hair-wig-market-106241
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Usage of Wig in Mannequin and Modeling Industry to Fuel Demand
The increasing trend of using mannequins in fashion outlets is expected to drive the hair wig market growth. For instance, the data issued by Business Insider in June 2019, mentioned that Nike's new mannequin has increased the search for plus size and Nike by 387%, and clicks on the mannequin's tights were amplified by 200% on British fashion retailer Love the Sales. Furthermore, the rising demand for synthetic hair in modeling industry, by models to get their desired look is uplifting the demand of these wigs.
๐๐ฟ๐ผ๐๐๐ฒ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐:
https://www.fortunebusinessinsights.com/hair-wig-market-106241
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America to Lead Stoked by Rising Expenditure on Wigs in Region
North America is projected to stay at the vanguard position and hold the highest hair wig market shares during the forecast period. This is attributable to the rising spending by consumers on festive events such as Halloween is accelerating the product's demand in the region. For instance, as per the data issued by the National Retail Federation, in 2019, the Halloween spending in the U.S. had reached USD 8.8 billion. The regional market stood at USD 0.74 billion in 2020.
Europe is anticipated to hold substantial market share owing to the growing geriatric population in the region. As per the data released by the Europea.Eu, in 2020, stated that, more than one-fifth of the European population is assessed to be aged 65 years and over, and are suffering with hair problems. This is expected to positively impact the market.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Key Players to Focus on Launches & Collaborations to Strengthen their Market Prospectus
The global market holds a large number of noticeable companies that are incessantly trying to innovate exclusive devices to satisfy the demand from patients across the world. To do so, they are teaming up with domestic or international and renowned firms, presenting novel solutions, doing partnerships and collaborations to reinforce their portfolio in the market. Below are two industry developments:
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Hair Care Market
https://www.fortunebusinessinsights.com/hair-care-market-102555
Hair Removal Products Market
https://www.fortunebusinessinsights.com/hair-removal-products-market-103516
Hair Oil Market
https://www.fortunebusinessinsights.com/hair-oil-market-104391
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
โข March 2024: UNice Hair, a California, U.S.-based hair wig company, launched its new collection of UNice Pre-everything frontal wigs. According to the company, the new wig is made using human remy hair.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
Fortune Business Insightsโข Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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