Hair Wigs And Extensions Market Size, Share & Trends Analysis Report By Product (Wigs, Extensions), By Hair Type (Human Hair, Synthetic Hair), By Region, And Segment Forecasts, 2023

The global hair wigs and extensions market size is expected to reach USD 12.27 billion by 2030, expanding at 8.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.. Increasing fashion consciousness, rising prevalence of hair loss, adoption of new technologies for enhanced product quality, and expanding e-commerce platforms facilitating global access are the major factors propelling market growth.

The online and e-commerce channel is most likely to outperform the offline distribution channels over the forecast period, with an increasing number of market players marking their presence online. The emergence of various e-commerce websites, such as Amazon, eBay, Sally Beauty, UNice, Luxy Hair, and Bellami Hair, is expected to act as a growth driver for the hair wigs & extensions market in the near future. The ease of ordering products through e-commerce websites and company portals has led manufacturers to sell their products exclusively through online channels.

The American Hair Loss Association states that androgenetic alopecia causes 95% of hair loss in men. Additionally, androgenetic alopecia affects approximately 50% of men and women, according to global research conducted by the National Centre for Biotechnology Information in November 2021. As people experience hair loss, they often seek solutions to mitigate its effects on their appearance and self-esteem. This growing concern about hair loss has led to an increased demand for hair wigs and extensions, which offer individuals an accessible and effective way to address hair-related issues and regain confidence.

Consumers value the capacity to tailor wigs and extensions according to their distinct preferences, including hair color, length, density, and cap design. Some manufacturers even offer online customization tools, enabling customers to craft their desired wigs by selecting hair length, style, and color. This personalized approach, exemplified by UPGRADE Inc., streamlines the process through an e-commerce platform that facilitates collaboration between customers and verified stylists, ensuring the fulfillment of unique wig requirements.

Furthermore, this growing demand for hair wigs and extensions is paralleled by collaborative efforts and government initiatives that strive to offer culturally sensitive and respectful options for cancer patients. For instance, the National Health Service (NHS) Trust has taken a proactive step by joining forces with a community hair salon to provide custom wigs tailored to cancer patients from diverse ethnic backgrounds. The impetus for this collaboration was rooted in patient feedback conveyed through the NUH's BAME Shared Governance group. This feedback underscored the significance of addressing the sense of indignity experienced by certain patients who, post-chemotherapy, had to wear generic blue wigs when leaving the hospital.

Hair Wigs And Extensions Market Report Highlights:

The demand for extensions is forecasted to expand at the fastest CAGR in the forecast period. Extensions offer the ability to add length, volume, and even different hair textures, catering to a wide range of customer preferences, which aligns with evolving fashion trends and a desire for customizable looks. As consumers seek quick transformations, extensions provide a non-permanent solution that complements their changing styles
Human hair extensions and wigs dominated the global market demand in 2022. This is due to their natural appearance, superior quality, and adaptability to various styling techniques. Human hair extensions and wigs offer a remarkably authentic look and feel, closely resembling natural hair. This appeals to consumers seeking a seamless integration with their own hair, contributing to their widespread popularity
North America was the biggest contributor to the market in 2022. The region's influence on global beauty and fashion trends has driven demand for hair wigs and extensions, as well as fostering a competitive environment that encourages innovation and product development, solidifying North America's leading position in the market

Product Code: GVR-4-68039-976-1

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Regional Outlook

Chapter 3. Hair Wigs and Extensions Market Variables & Trends

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
- 3.4.1. Industry Analysis - Porter's Five Forces
  - 3.4.1.1. Supplier Power
  - 3.4.1.2. Buyer Power
  - 3.4.1.3. Substitution Threat
  - 3.4.1.4. Threat from New Entrant
  - 3.4.1.5. Competitive Rivalry
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Consumer Analysis (Caucasian Ethnicity)
4.6. Observations & Recommendations

Chapter 5. Hair Wigs and Extensions Market: Product Analysis & Estimates

5.1. Product Movement Analysis & Market Share, 2022 & 2030
5.2. Hair Wigs and Extensions Market Estimates & Forecast, By Product (USD Million)
- 5.2.1. Wigs
- 5.2.2. Extensions

Chapter 6. Hair Wigs and Extensions Market: Hair Type Analysis & Estimates

6.1. Hair Type Movement Analysis & Market Share, 2022 & 2030
6.2. Hair Wigs and Extensions Market Estimates & Forecast, By Hair Type (USD Million)
- 6.2.1. Human Hair
- 6.2.2. Synthetic Hair

Chapter 7. Hair Wigs and Extensions Market: Regional Estimates & Trend Analysis

7.1. Hair Wigs and Extensions Market: Regional Outlook
7.2. North America
- 7.2.1. North America hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. Key country dynamics
  - 7.2.2.2. U.S. hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Key country dynamics
  - 7.2.3.2. Canada hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Key country dynamics
  - 7.2.4.2. Canada hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.3.2. U.K.
  - 7.3.2.1. Key country dynamics
  - 7.3.2.2. U.K. hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Key country dynamics
  - 7.3.3.2. Germany hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. Key country dynamics
  - 7.3.4.2. France hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.3.5. Italy
  - 7.3.5.1. Key country dynamics
  - 7.3.5.2. Italy hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.3.6. Spain
  - 7.3.6.1. Key country dynamics
  - 7.3.6.2. Spain hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific hair wigs and extensions products market estimates & forecast, 2017 - 2030 (USD Million)
- 7.4.2. China
  - 7.4.2.1. Key country dynamics
  - 7.4.2.2. China hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.4.3. India
  - 7.4.3.1. Key country dynamics
  - 7.4.3.2. India hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.4.4. Japan
  - 7.4.4.1. Key country dynamics
  - 7.4.4.2. Japan hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.4.5. South Korea
  - 7.4.5.1. Key country dynamics
  - 7.4.5.2. South Korea hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.4.6. Indonesia
  - 7.4.6.1. Key country dynamics
  - 7.4.6.2. Indonesia hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
7.5. Central & South America
- 7.5.1. Central & South America hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Key country dynamics
  - 7.5.2.2. Brazil hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
- 7.6.1. Middle East & Africa hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
- 7.6.2. South Africa
  - 7.6.2.1. Key country dynamics
  - 7.6.2.2. South Africa hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)

Chapter 8. Hair Wigs And Extensions Market: Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2022 (Value % Share)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
- 8.8.1. Mergers & Acquisitions
- 8.8.2. Improving Operations
- 8.8.3. Philanthropy
- 8.8.4. Collaborations
- 8.8.5. Product Launches
- 8.8.6. Acquisitions
- 8.8.7. Portfolio Diversification
8.9. List of key companies analyzed in this section
- 8.9.1. Evergreen Products Group Limited
- 8.9.2. Godrej Consumer Products Ltd.
- 8.9.3. Artnature Inc.
- 8.9.4. Aderans Co., Ltd.
- 8.9.5. Donna Bella Hair
- 8.9.6. F.N. Longlocks
- 8.9.7. Aleriana SRL
- 8.9.8. Klix Hair Extensions
- 8.9.9. Indique Hair
- 8.9.10. Shake-N-Go, Inc.

Product Code: GVR-4-68039-976-1

List of Tables

Table 1 Hair wigs and extensions market estimates & forecast, by product (USD Million)
Table 2 Hair wigs and extensions market estimates & forecast, by hair type (USD Million)
Table 3 U.S. macro-economic outlay
Table 4 Canada macro-economic outlay
Table 5 Mexico macro-economic outlay
Table 6 Germany macro-economic outlay
Table 7 U.K. macro-economic outlay
Table 8 France macro-economic outlay
Table 9 Italy macro-economic outlay
Table 10 Spain macro-economic outlay
Table 11 China macro-economic outlay
Table 12 India macro-economic outlay
Table 13 Japan macro-economic outlay
Table 14 South Korea macro-economic outlay
Table 15 Indonesia macro-economic outlay
Table 16 Brazil macro-economic outlay
Table 17 South Africa macro-economic outlay
Table 18 Recent developments & impact analysis, by key market participants
Table 19 Company market share, 2022 (Value % share)
Table 20 Company heat map analysis
Table 21 Company improving operations
Table 22 Company involved in philanthropy
Table 23 Companies involved in collaborations
Table 24 Company involved in product launches
Table 25 Company involved in acquisitions
Table 26 Company involved in portfolio diversification

List of Figures

Fig. 1 Hair wigs and extensions market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Hair accessories market value, 2022 (USD Million)
Fig. 10 Hair wigs and extensions market - Industry value chain analysis
Fig. 11 Hair wigs and extensions market - Profit margin analysis
Fig. 12 Hair wigs and extensions market dynamics
Fig. 13 Most preferred hair loss treatments, 2020
Fig. 14 Hair wigs and extensions market: PORTER's Five Forces analysis
Fig. 15 Average percent of male and female hair restoration through non-surgical procedures in 2021
Fig. 16 Factors affecting buying decisions for hair wigs and extensions
Fig. 17 Hair wigs and extensions market, by product: Key takeaways
Fig. 18 Hair wigs and extensions market, by product: Market share, 2022 & 2030
Fig. 19 Hair wigs market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 20 Hair extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 21 Hair wigs and extensions market, by hair type: Key takeaways
Fig. 22 Hair wigs and extensions market, by hair type: Market share, 2022 & 2030
Fig. 23 Human hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 24 Synthetic hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 25 Hair wigs and extensions market revenue, by region, 2022 & 2030 (USD Million)
Fig. 26 Regional marketplace: Key takeaways
Fig. 27 Regional marketplace: Key takeaways
Fig. 28 North America hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 29 Changing pattern of cancer occurrence in North America
Fig. 30 U.S. hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 31 Canada hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 32 Mexico hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 33 Europe hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 34 Hair concerns among Europeans, 2021 (%)
Fig. 35 Top countries in Europe with cancer incidence in men and women
Fig. 36 Germany hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 37 U.K. hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 38 France hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 39 Italy hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 40 Spain hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 41 Asia Pacific hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 42 China hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 43 India hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 44 Japan hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 45 South Korea hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 46 Indonesia hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 47 Central and South America hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 48 Brazil hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 49 Middle East and Africa hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 50 South Africa hair wigs and extensions market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 51 Key company categorization
Fig. 52 Company market share analysis, 2022
Fig. 53 Strategic framework

Hair Wigs And Extensions Market Size, Share & Trends Analysis Report By Product (Wigs, Extensions), By Hair Type (Human Hair, Synthetic Hair), By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Hair Wigs And Extensions Market Growth & Trends:

Hair Wigs And Extensions Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Hair Wigs and Extensions Market Variables & Trends

Chapter 4. Consumer Behavior Analysis

Chapter 5. Hair Wigs and Extensions Market: Product Analysis & Estimates

Chapter 6. Hair Wigs and Extensions Market: Hair Type Analysis & Estimates

Chapter 7. Hair Wigs and Extensions Market: Regional Estimates & Trend Analysis

Chapter 8. Hair Wigs And Extensions Market: Competitive Landscape

List of Tables

List of Figures