Hair Wigs and Extension Market is predicted to reach at USD 3,436 Million by 2028 at a CAGR of 5.3% during the forecast period.

Introduction of the Hair Wigs and Extension Market Report

Hair wigs are the head covering made from human hair, animal hair, or synthetic fiber. It consists of a cap with hair attached. Hair extensions are fake hair that adds length and fullness to human hair. Hair extensions are clipped, glued, or sewn on natural hair by incorporating synthetic or human hair.

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Market Dynamic

Key Drivers and Emerging Trends

The increase in hair fall rate among men and women worldwide is the major factor in the hair wigs and extensions market growth. The availability of high-quality wigs and toupees influences people to choose them as an alternative for surgical procedures or hair plants. Moreover, increasing the use of wigs in the fashion and entertainment industry will increase the demand for hair wigs and extensions for beauty or functional purposes is another factor in increasing market growth.
In addition, consumers are increasingly using stylish and premium quality grooming products to suit their appearance, providing newer opportunities to develop innovative products. The growing popularity of colored wigs and extensions among youths and celebrities will likely offer new market growth opportunities for the hair wigs and extension market.

Restraint in the Hair Wigs and Extension Market

However, the increasing headache problem, discomfort and strain on the scalp due to usage of such products is likely to restrict the market growth. Increasing consumer awareness about hair styling products such as hair straightener, curlers, bands, and others can further restrict the market of hair wigs and extension market.

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End-User – Segment Analysis

Based on end-user, the women segment is projected to witness higher growth in the coming years. The growing popularity of hair extension in women due to the trend of keeping long hairs and hair related problems such as split hair has encouraged the demand in the market. Wearing hair wigs and extensions among celebrities, models, and social media influencers to keep up with the evolving fashion trend is further stimulating growth.

Type- Segment Analysis

Based on type, the synthetic hair segment is expected to witness higher growth in the coming years. Synthetic hair wigs have handy style retention and are easy to care for. There are many color options available with synthetic wigs. Depending on quality, synthetic hair is less costly than human hair wigs and has a low maintenance cost. A high-quality synthetic wig or heat-friendly synthetic wigs tend to be less shiny, making it look more realistic.

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Regional- Segment Analysis

Based on region, the North America region is projected to grow as the largest market for hair wigs and extension globally during the forecast period. The growing population of youth is leaning towards premium personal care products for personal grooming and will further propel the market growth. Moreover, hair related problems such as hair loss, alopecia, casts, and others are expected to fuel the demand for the products. According to National Alopecia Areata Foundation of US, 6.8 million US population are suffering from alopecia areata, a hair loss disease.

Top Market Players

Several leading companies in the market include Easilocks, Great Lengths, Hair Vision International, Cinderella Hair Extension, Racoon International, Hairlocs, Easihair Pro, Esqido, Locks & Bonds, Artnature Inc., and among others.

Key Developments:

• • In 2020, Great Lengths expanded its hair care retail line to improve its aftercare offering. The launch of three new products help to improve the condition of hair specially formulated to use with Great Lengths but will also work with all type of hairs.
  • In In 2019, the Easilocks hair extension company created the Jordyn Woods x Easilocks collection, including clip-in bangs, a ponytail, and a lace U-part wig with 18 different multi-tonal shades.

Segments covered in the Report:

The Hair Wigs and Extension Market has been segmented based on fitting type, type, end-user, and region. Based on fitting type, the market is segmented into Clip-in, Micro Link, Tape-in, Glue-in. Based on Type, market is segmented into Synthetic Hair, Human Hair, Animal Hair. Based on End-User, market is segmented into Male, Female.

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Key questions answered in this research report:

• • At what pace is global hair wigs and extension market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in hair wigs and extension Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global hair wigs and extension market?
  • Which end-user generated maximum revenues in 2020 and identify the most promising end-user during the forecast period?
  • What is the various type of global hair wigs and extension Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Hair Wigs and Extension Market by Fitting Type

• • Clip-in
  • Micro Link
  • Tape-in
  • Glue-in

Global Hair Wigs and Extension Market by Type

• • Synthetic Hair
  • Human Hair
  • Animal Hair

Global Hair Wigs and Extension Market by End-User

• • Male
  • Female

Global Hair Wigs and Extension Market by Region

• • North America Hair Wigs and Extension Market (Option 1: As a part of the free 25% customization)
    • North America Hair Wigs and Extension Market by Fitting Type
    • North America Hair Wigs and Extension Market by Type
    • North America Hair Wigs and Extension Market by End-User
    • US Hair Wigs and Extension Market All-Up
    • Canada Hair Wigs and Extension Market All-Up
  • Europe Hair Wigs and Extension Market (Option 2: As a part of the free 25% customization)
    • Europe Hair Wigs and Extension Market by Fitting Type
    • Europe Hair Wigs and Extension Market by Type
    • Europe Hair Wigs and Extension Market by End-User
    • UK Hair Wigs and Extension Market All-Up
    • Germany Hair Wigs and Extension Market All-Up
    • France Hair Wigs and Extension Market All-Up
    • Spain Hair Wigs and Extension Market All-Up
    • Rest of Europe Hair Wigs and Extension Market All-Up
  • Asia-Pacific Hair Wigs and Extension Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Hair Wigs and Extension Market by Fitting Type
    • Asia-Pacific Hair Wigs and Extension Market by Type
    • Asia-Pacific Hair Wigs and Extension Market by End-User
    • China Hair Wigs and Extension Market All-Up
    • India Hair Wigs and Extension Market All-Up
    • Japan Hair Wigs and Extension Market All-Up
    • Rest of APAC Hair Wigs and Extension Market All-Up
  • RoW Hair Wigs and Extension Market (Option 4: As a part of the free 25% customization)
    • RoW Hair Wigs and Extension Market by Fitting Type
    • RoW Hair Wigs and Extension Market by Type
    • RoW Hair Wigs and Extension Market by End-User
    • Brazil Hair Wigs and Extension Market All-Up
    • South Africa Hair Wigs and Extension Market All-Up
    • Saudi Arabia Hair Wigs and Extension Market All-Up
    • UAE Hair Wigs and Extension Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Hair Wigs and Extension Market All-Up

Major Players Operating in the Hair Wigs and Extension market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Easilocks
  • Great Lengths
  • Hair Vision International
  • Cinderella Hair Extension
  • Racoon International
  • Hairlocs
  • Easihair Pro
  • Esqido
  • Locks & Bonds
  • Artnature Inc.