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Top Market Shifts Transforming the Hair Accessories Market Landscape: Key Insights

Hair Accessories

Hair Accessories

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What Is the Expected CAGR for the Hair Accessories Market Through 2025?
In the past few years, the market size for hair accessories has experienced fast growth. A rise from $28.1 billion in 2024 to $31.67 billion in 2025, at a compound annual growth rate (CAGR) of 12.7%, is expected. This growth during the historic period is a result of the increasing popularity of intricate hairstyles, the cultural and societal importance of adorning the hair, the impact of fashion trends on the design of hair accessories, increased disposable income leading to more spending on personal grooming, and the incorporation of hair accessories in traditional rituals and ceremonies.

What's the Projected Size of the Global Hair Accessories Market by 2029?
In the upcoming years, the hair accessories market is anticipated to witness a significant surge, enhancing its valuation to $52.48 billion by 2029, courtesy of a Compound Annual Growth Rate (CAGR) of 13.5%. Factors driving growth during this projection period include the usage of sustainable and eco-friendly materials, increased preferences for customizable and personal hair adornments, wider outreach of e-commerce and online sales platforms, significant role of influencer marketing and social media in formulating hair accessory trends, and a booming gems population. Future trends set to dominate this period will be the application of technology in crafting intelligent hair accessories, the re-emergence of vintage and retro-inspired styles of hair adornments, the inclusion of pioneering designs and materials, focus on multi-purpose and adaptable hair accessories, as well as alliances between fashion firms and hair accessory designers.

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Top Growth Drivers in the Hair Accessories Industry: What's Accelerating the Market?
A heightened emphasis on physical appearances and aesthetics among consumers is predicted to fuel the hair accessories market growth. Hair plays a significant role in elevating an individual's image, with healthy and well-styled hair improving one's overall look. People invest in their hair, trying out different hairstyles and accessories to boost their attractiveness, thus raising the need for hair care items. For example, The Allergan Future of Aesthetics Global Trends Report released in 2022 showed that 81% of consumers are more open to non-invasive aesthetic procedures than in the past. As a result, this escalating interest in appearances and aesthetics among consumers is amplifying the demand in the hair accessories market.

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What Trends Will Shape the Hair Accessories Market Through 2029 and Beyond?
Innovations in new products are a significant trend that has been gaining traction in the hair accessories industry. Leading companies within this sector are focusing on the creation of novel and innovative products to enhance their market presence. For example, in July 2022, Diva Divine Hair, a premium hair extensions retailer based in India, introduced a reasonably priced yet high-quality range of clip-in hair extensions, hair toppers, wigs, and other hair accessories. The items available are made from 100% natural human hair and include easy-to-use clip-in hair extensions that offer immediate hair length and volume enhancement. Additionally, they offer hair toppers in a variety of shapes and sizes, as well as wigs that are easy to apply and provide a natural appearance.

What Are the Main Segments in the Hair Accessories Market?
The hair accessoriesmarket covered in this report is segmented -

1) By Product Type: Clips And Pins, Headbands, Wigs And Extensions, Elastics And Ties, Other Products
2) By Distribution: Hypermarkets And Supermarkets, General Stores, Online Or E-Commerce
3) By Application: Personal Application, Commercial Application

Subsegments:
1) By Clips And Pins: Hair Clips, Bobby Pins, Hair Barrettes
2) By Headbands: Fabric Headbands, Plastic Headbands, Sport Headbands
3) By Wigs And Extensions: Synthetic Wigs, Human Hair Wigs, Clip-In Extensions, Tape-In Extensions
4) By Elastics And Ties: Hair Ties, Scrunchies, Rubber Bands
5) By Other Products: Hair Combs, Hair Sticks, Hair Bands

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Which Top Companies are Driving Growth in the Hair Accessories Market?
Major companies operating in the hair accessories market include Hairline Illusions LLC, Henry Margu Inc., Goody Products Inc., Diana Enterprise Inc., Conair Corporation, J & D Beauty Products Inc., Fromm Holding AG, Annie International Inc., Silke London Ltd., Hair Drama Company, Bunzee Bands, Riot Accessories Ltd., SwirlyCurly LLC, Good Hair Days, Jennifer Behr LLC, Lele Sadoughi LLC, PuffCuff LLC, Dongguan Yuanshan Webbing & Accessories Co. Ltd., Sta-Rite Ginnie Lou Inc., Novita Hair accessories, Evita Peroni International A/S, Claires Holdings LLC, Wigsroyal Hair Products, Vivica A. Fox Hair Collection, Bumble and Bumble LLC, Drybar LLC, Aveda Corporation, John Paul Mitchell Systems, Kenra Professional LLC, Henkel Corporation, Schwarzkopf Professional

Which Regions Will Dominate the Hair Accessories Market Through 2029?
North America was the largest region in the hair accessories market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hair accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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