Hair Wigs and Extensions Market Report 2024 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global Hair Wigs and Extensions Market size is projected to reach a CAGR of 8.7% from 2023-2030.
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Artificial hair integrations include hair wigs, hair extensions, and hair weaves. Hair wigs are available in the form of a cap and are used to cover the entire head to change the hairstyle and conceal baldness. Hair loss can result in complete or partial baldness as a result of various medical disorders and hormones, leaving people self-conscious about their appearance. As a result, the demand for hair implants has risen dramatically.
The prominent players in Hair Wigs and Extensions Market are
· Evergreen Products Group Ltd.
· Godrej Consumer Products Ltd.
· Artnature Inc.
· Aderans Co., Ltd.
· Donna Bella Hair
· F.N. Longlocks
· ALERIANA Wigs
· Klix Hair Extensions
· Indique Hair
· Shake-N-Go, Inc. and More
Animal hair, human hair, synthetic fiber, Futura, virgin hair, or a combination of these materials are used to make hair alterations. Jute fibers were used to make imitating hair for theatrical wigs in the early 1990s, but as trends changed, the raw material varieties also expanded: animal hair, human hair, synthetic fiber, Futura, virgin hair, or a blend of these materials.
Technological advancements in the production and design of synthetic hair wigs are one of the primary drivers driving growth in the hair wigs and extension market. Another key element driving the growth of the hair wigs and extension industry is the increasing importance of celebrities and social media influencers.
The expanding popularity of digital media as a significant communication and marketing channel for vendors in the global hair wigs and extension industry has been aided by the rapid global adoption of Internet-enabled smartphones. Hair extensions are mostly used to conceal hair breakage. As a result of the increased occurrence of hair loss, alopecia, casts, and other conditions, the market for hair wigs and extensions is predicted to grow.
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Recent Developments
In June 2021: Waeve declares its plan to launch a set of six different wig styles 4 times a year.
In April 2021, Evergreen Products Group Ltd. invested in a new product line of digital wigs with the use of non-fungible tokens technology. The group is working on the launch of an e-commerce platform i.e., direct-to-consumers (D2C), which enables them to try out the wigs before purchasing
Reasons to Acquire
· Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
· Gain authentic and granular data access for Hair Wigs and Extensions Market to understand the trends and the factors involved in changing market situations.
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
Key Findings
· Artificial hair integrations include hair wigs, hair extensions, and hair weaves. Hair wigs are available in the form of a cap and are used to cover the entire head to change the hairstyle and conceal baldness. Hair loss can result in complete or partial baldness as a result of various medical disorders and hormones, leaving people self-conscious about their appearance. As a result, the demand for hair implants has risen dramatically.
· Technological advancements in the production and design of synthetic hair wigs are one of the primary drivers driving growth in the hair wigs and extension market. Another key element driving the growth of the hair wigs and extension industry is the increasing importance of celebrities and social media influencers.
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In addition to the market data for Hair Wigs and Extensions Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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