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Driving the Hair Accessories Market: A Look into Market Size, Key Players, and Trends
Hair Accessories Market
What Is The Projected Market Size Of The Global Hair Accessories Market And Its Growth Rate?
o The market size of hair accessories was $28.1 billion in 2024, growing to $31.81 billion in 2025 with a CAGR of 13.2%.
o It is projected to reach $52.92 billion in 2029 at a CAGR of 13.6%.
o Growth factors in the historic period include popularity of elaborate hairstyles and increased disposable income.
o Forecasted growth can be attributed to adoption of sustainable materials, growing demand for customizable and personalized hair accessories, and expansion of e-commerce sales.
What Is Driving The Growth In The Hair Accessories Market?
Increasing consumers' focus on looks and aesthetics is expected to propel the growth of the hair accessories market going forward. Hair plays a crucial role in enhancing one's image. As healthy, lustrous, and well-groomed hair enhances a person's appearance, it increases the demand for hair care products. For instance, in accordance to The Allergan's Future of Aesthetics Global Trends Report published in 2022, it was revealed that 81% of consumers are accepting non-invasive aesthetic treatments more than the previous years. This trend is driving the demand for hair accessories market.
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Who Are the Key Players Driving Hair Accessories Market Growth?
o Hairline Illusions LLC
o Henry Margu Inc.
o Goody Products Inc.
o Diana Enterprise Inc.
o Conair Corporation
o J & D Beauty Products Inc.
o Fromm Holding AG
o Annie International Inc.
o Silke London Ltd.
o Hair Drama Company
o Bunzee Bands
o Riot Accessories Ltd.
What Are The Key Trends In The Hair Accessories Market?
o Integration of technology in smart hair accessories
o Resurgence of vintage and retro-inspired hair accessory styles
o Incorporation of innovative designs and materials
o Emphasis on multi-functional and versatile hair accessories
o Collaborations between fashion brands and hair accessory designers
What Are The Segments Of The Global Hair Accessories Market?
o Product Type: Clips And Pins, Headbands, Wigs And Extensions, Elastics And Ties, Other Products
o Distribution: Hypermarkets And Supermarkets, General Stores, Online Or E-Commerce
o Application: Personal Application, Commercial Application
Which Region Leads The Hair Accessories Market?
North America was the largest region in the hair accessories market in 2024. However, Asia-Pacific is expected to showcase the fastest growth in the forecast period. Other notable regions include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Hair Accessories Market Global Market Report?
- Market Size Analysis: Analyze the Hair Accessories Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hair Accessories Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hair Accessories Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hair Accessories Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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