Home American fashion company Wigs and Hair Extensions Market: CAGR of 9.71% by 2025

Wigs and Hair Extensions Market: CAGR of 9.71% by 2025

0

According to recent Technavio market research, the Wigs and hair extensions market share should increase by $4.66 billion from 2020 to 2025, at an accelerated CAGR of 9.71%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major investment pockets.

Overview of Suppliers-

The Wigs and Hair Extensions market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Artnature Inc.- The Company operates in the areas of men’s, women’s and women’s ready-made wigs. Artnature Inc. offers hair wigs such as custom wigs and custom wigs.

Donna Bella OpCo LLC – The company provides hair extensions to thousands of stylists across North America per unified segment. Additionally, the company also offers hair wigs and extension products such as I-Link, Kera-Link and Tape-In.

FN Longlocks- The Company offers hair extension products such as Color 4 30 Tape In Hair Hair Extensions, Color 6 Tape In Hair Hair Extensions and Color 8 Tape In Hair Hair Extensions.

Find additional highlights on vendors and their product offerings. Download a free sample report

The report also covers the following areas:

Regional Market Outlook

43% of the market growth will come from APAC during the forecast period. Japan and China are the major markets for wigs and hair extensions in Asia Pacific. Market growth in this region will be faster than market growth in European and South American regions.

The growing demand for hair products as fashion accessories will facilitate the growth of the wigs and hair extensions market in APAC during the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market-

  • Wigs and Hair Extensions Market Driver:
    • Technological advances in the production and design of synthetic hair wigs:

One of the major factors driving the growth of the wigs and hair extensions market is the technological advancements in the production and design of synthetic hair wigs. Synthetic hair wigs and extensions have seen great improvements in aesthetics and design. Synthetic wigs are offered at great prices. With advanced fiber selection and design, these wigs are lighter in weight and can be styled with heated styling tools, providing better manageability for the user. Synthetic hair wigs and extensions offer comparable longevity and natural texture to human hair wigs and extensions.

  • Wigs and Hair Extensions Market Trend:
    • Growing prevalence of celebrities and social media influencers:

The growing importance of celebrities and social media influencers is another major factor supporting the growth of the wigs and extensions market share. The rapid global penetration of internet-enabled smartphones has facilitated the rise of digital media as a key communication and marketing channel for vendors in the global wigs and hair extensions market. Several hair product manufacturers are increasingly investing in social media campaigns in developed countries such as the United States for product promotions and wider marketing reach. Micro-influencers are increasingly replacing media advertisements as the preferred promotional platform due to factors such as a highly engaged fan base, lower price, greater authenticity and ease of marketing .

Find additional information on various other market drivers and trends mentioned in our Sample FREE Report.

Did not find what you were looking for ? Customize report-

Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.

We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!

Here are some similar topics-

Hair Products Market by Product and Geography – Forecast and Analysis 2021-2025: The hair products market has the potential to grow in $160.43 billion over the period 2021-2025, and the growth momentum of the market will accelerate at a CAGR of 3.73%. For in-depth research information: Download an exclusive free sample report

Hair Care Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025: The hair care market has the potential to grow by $26.56 billion between 2021 and 2025, and the growth momentum of the market will accelerate at a CAGR of 5.47%. For in-depth research information: Download an exclusive free sample report

Wigs and Hair Extensions Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025
  • In-depth information on factors that will contribute to the growth of the Wigs and Hair Extensions market over the next five years
  • Estimation of the size of the Wigs and Hair Extensions market and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the wigs and hair extensions market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Complete details of factors that will test the growth of wigs and hair extensions vendors

Contents:

1. Summary

2. Market landscape

2.1 Market ecosystem

Exhibit 01: Parent market

2.2 Market characteristics

Exhibit 02: Market characteristics

2.3 Value chain analysis

Exhibit 03: Personal products

2.3.1 Inputs

2.3.2 Upstream logistics

2.3.3 Operations

2.3.4 Outbound logistics

2.3.5 Marketing and sales

2.3.6 Maintenance

Support activities

News

See our Extended list of table of contents

Scope of the Wigs and Hair Extensions Market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 9.71%

Market Growth 2021-2025

$4.66 billion

Market structure

Fragmented

Annual growth (%)

10.28

Regional analysis

APAC, North America, MEA, Europe and South America

Successful market contribution

APAC at 43%

Main consumer countries

Japan, USA, South Africa, China and UK

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Artnature Inc., Donna Bella OpCo LLC, FN Longlocks, Great Lengths Universal Hair Extensions Srl, Hair Visions International, Klix Hair Inc., Locks and Bonds, Racoon International Ltd., Shake-N-Go Inc. and Shandong AY Hair Products Co .Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

SOURCETechnavio