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Top Factor Driving Hair Extensions Market Growth in 2025: Rising Hair-Related Issues Fuel Growth In The Hair Extensions Market
Hair Extensions Market
The escalating incidence of hair complications is predicted to facilitate hair extensions market development in the future. These hair complications encompass conditions that inhibit hair health, growth, and overall appearance including hair loss, breakage, oiliness, thinning of hair, scalp conditions, stress-induced shedding, split ends, and damage from chemical procedures such as dye allergies or overexposure to heat. Hair extensions offer an immediate and versatile solution in achieving the ideal hair look, serving as fashion accessories and addressing personal requirements. For instance, Medihair GmbH, a German company offering hair loss treatments, conducted a study in July 2023 revealing that hair loss affects over 85% of men and 33% of women, with approximately 35 million men and 21 million women worldwide experiencing this issue in 2023. Additionally, the National Health Service (NHS), a health organization based in the UK, projected in February 2021 that about 40% of women aged 70 or older will exhibit female-pattern baldness and that 8 million women in the UK will suffer from hair loss by the time they reach 50. Hence, the surging incidence of hair complications is expected to stimulate the market for hair extensions. Growth in Hair Extensions Market Fuelled by: Escalating Beauty Considerations
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How will the growth rate of the hair extensions market shape industry trends by 2034?
Over the past few years, the hair extensions market has experienced a robust growth. The market size is projected to escalate from $3.9 billion in 2024 to $4.17 billion in 2025, marking a compound annual growth rate (CAGR) of 6.7%. Variables such as evolving fashion and beauty trends, celebrity influences and endorsements, preferences derived from cultural diversity and style, weddings and specific occasions, cosplay, and creative expression have all significantly contributed to its growth during the historic period.
In the upcoming years, considerable growth is projected in the hair extensions market, with its value expected to reach $5.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The amplified growth in this forecast period can be credited to increased awareness of beauty and grooming, the impact of social media and influencers, innovation in hair extension styles, wider acceptance in professional environments, and the growing wedding and event industry. Spotlighted trends during this period are to focus on imperceptible and flawless installations, gear attention towards educational and training programs, involve diversity and inclusivity in product ranges, incorporate virtual try-on technologies, with a strong surge in e-commerce and direct sales to consumers.
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What new trends are reshaping the hair extensions market and its opportunities?
Prominent companies in the hair extension market are concentrating on developing sophisticated solutions like AI-powered applications to boost market revenues. These applications use AI to let users experiment with various hairstyles and match extensions with their natural hair color, among other features. For example, Hair Originals, a hair extension and product manufacturer based in India, unveiled Magic Mirror in October 2022. This AI-equipped application targets end-users, salons, and stylists and is compatible with both iOS and Android. The aim is to build a community focused on hair extension products and services. The app seeks to benefit users by offering tips on hair extension product use, raising awareness about the process, and aiding prospective clients with advice and tools to find certified stylists. Consequently, enrolled professionals gain a publicity platform and a network comprising salons, potential customers, and other hairstylists.
Which primary segments of the hair extensions market are driving growth and industry transformations?
The hair extensions market covered in this report is segmented -
1) By Type: Synthetic Hair Extensions, Human Hair Extensions, Animal Hair Extensions
2) By Fitting Type: Clip-In, Micro Link, Tape-In, Glue-In
3) By Distribution Channel: Retail Stores, Super markets, E-Commerce
4) By End-User: Professional, Personal
Subsegments:
1) By Synthetic Hair Extensions: Kanekalon Extensions, Toyokalon Extensions, Other Synthetic Materials
2) By Human Hair Extensions: Remy Hair Extensions, Non-Remy Hair Extensions, Virgin Hair Extensions
3) By Animal Hair Extensions: Horse Hair Extensions, Yak Hair Extensions, Other Animal Hair Extensions
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Which geographical regions are pioneering growth in the hair extensions market?
North America was the largest region in the hair extensions market in 2024. The regions covered in the hair extensions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the hair extensions market landscape?
Major companies operating in the hair extensions market report are Beauty Industry Group Inc., Evergreen Products Group Limited, Shake-N-Go Inc., BELLAMI Hair LLC, Balmain Hair Couture, Donna Bella Inc., Hairdreams Haarhandels GmbH, Mayvenn Hair, Perfect Locks LLC, Racoon International, SalonLabs Exports India Pvt Limited, Jon Renau, Locks & Bonds, Easihair pro USA, SO. CAP. USA, Hairlocs International Inc., Femme Hair Extensions, Klix Hair Extension, Cinderella Hair Extensions, Hairlux, The Gorgeous Hair, Great Lengths S.p.A Societa Benefit, Viva Femina Inc., Frika Hair Pty Ltd., Hidden Crown Hair Extension, SalonLabs Exports India Pvt Limited
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What Is Covered In The Hair Extensions Global Market Report?
• Market Size Forecast: Examine the hair extensions market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the hair extensions market for a structured understanding.
• Key Players Overview: Analyze major players in the hair extensions market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hair extensions market.
• Segment Contributions: Evaluate how different segments drive overall growth in the hair extensions market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hair extensions market.
• Industry Challenges: Identify potential risks and obstacles affecting the hair extensions market.
• Competitive Landscape: Review strategic developments in the hair extensions market, including expansions, agreements, and new product launches.
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