PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1786655
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1786655
Global Hair Accessories Market to Reach US$66.0 Billion by 2030
The global market for Hair Accessories estimated at US$45.6 Billion in the year 2024, is expected to reach US$66.0 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2024-2030. Clips & Pins, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$26.4 Billion by the end of the analysis period. Growth in the Headbands segment is estimated at 6.1% CAGR over the analysis period.
The U.S. Market is Estimated at US$12.4 Billion While China is Forecast to Grow at 10.0% CAGR
The Hair Accessories market in the U.S. is estimated at US$12.4 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$13.6 Billion by the year 2030 trailing a CAGR of 10.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 6.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
The increasing consumer focus on fashion, self-expression, and personal grooming is driving demand for a wide range of hair accessories. From stylish headbands and decorative hairpins to functional hair ties and claw clips, consumers are seeking trendy and versatile hair accessories that complement their fashion choices. Social media influencers, celebrity endorsements, and digital marketing campaigns are playing a significant role in shaping hairstyle trends and boosting product visibility. Additionally, the rise of do-it-yourself (DIY) hairstyling and at-home haircare routines is further increasing the demand for easy-to-use and stylish accessories. However, competition from unbranded, low-cost alternatives and counterfeit products remains a challenge for premium hair accessory brands. Despite these hurdles, the market continues to expand as consumers embrace creative hairstyling and demand high-quality, durable accessories.
With increasing environmental awareness, consumers are prioritizing sustainable and eco-friendly hair accessories made from biodegradable, recycled, and cruelty-free materials. Brands are introducing bamboo hairbrushes, organic cotton scrunchies, and plant-based hairpins to cater to environmentally conscious shoppers. Additionally, companies are adopting sustainable packaging solutions and ethical sourcing practices to align with consumer preferences for responsible fashion. While sustainable products often come at a premium price, the demand for ethically produced accessories is expected to rise as sustainability becomes a key factor in purchasing decisions. The shift toward eco-friendly alternatives is reshaping the hair accessories market, prompting brands to innovate while reducing their environmental footprint.
The growing trend of customization and luxury fashion is driving demand for personalized hair accessories. Consumers are seeking unique, monogrammed, and handcrafted pieces that add a touch of individuality to their hairstyles. Luxury brands are capitalizing on this trend by offering embellished headbands, gold-plated hairpins, and gemstone-studded barrettes, targeting high-end fashion enthusiasts. Additionally, bridal and special-occasion hair accessories are witnessing increased demand, as consumers look for premium designs to complement wedding and event hairstyles. While high-end products cater to a niche market, mass-market brands are also incorporating personalization options to appeal to a broader audience. The rising popularity of exclusive and limited-edition hair accessories is expected to drive further market expansion.
The growth in the hair accessories market is driven by evolving fashion trends, increasing demand for sustainable and personalized products, and the influence of digital marketing and celebrity endorsements. The expansion of e-commerce platforms and social media-driven shopping experiences is further accelerating market growth, making hair accessories more accessible to global consumers. Additionally, the rise of do-it-yourself hairstyling and the demand for multi-functional accessories are creating new product opportunities. While price competition and counterfeit products pose challenges, continued innovation in materials, design, and sustainability initiatives are expected to sustain strong market growth in the coming years.
SCOPE OF STUDY:
The report analyzes the Hair Accessories market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product (Clips & Pins, Headbands, Wigs & extensions, Elastics & Ties, Others); Distribution Channel (Supermarkets / Hypermarkets, General Stores, Online)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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