The UK female hair piece, wig, and extension market was valued at $612.9 million on 2019, and is expected to reach $1,185.1 million by 2027, growing at a CAGR of 11.7% from 2021 to 2027. The wigs segment dominated the market in 2019, and is expected to continue this trend throughout the forecast period.
The growth of UK female hair piece, wig, and extension market is majorly driven by increase in concerns about physical appearance caused by hair loss. Moreover, rise in influence of celebrity hairstyles and fashion has boosted the use of false hair products. Furthermore, increase in acceptance and use of false hair among women to restore their self-confidence has notably contributed toward the growth of the overall market. However, environmental impact of synthetic wigs and emergence of novel treatment of hair loss such as Minoxidil act as the major restraints of the market. On the contrary, breakthrough in the production of false hair is expected to drive the market growth. Furthermore, the introduction of techniques such as strand applications are anticipated to offer remunerative opportunities for the expansion of the market during the forecast period.
The UK female hair piece, wig, and extension market is segmented into product type and material. Depending on the product type, the market is categorized into hair pieces, which includes bangs & fringes, ponytails, hair buns, hair wraps, head bands and other (toupee and wefts); wigs, which includes standard & capless construction, hand tied, monofilament construction, lace front wig, and others (partial wigs and French knot wig); and hair extensions, which include clip-in hair extension, tape-in hair extension, sew-in hair extension/weave, and pre-bonded hair extension.
The key players operating in the UK female hair piece, wig, and extension industry have relied on product innovation and new product launch to remain competitive in the UK market. Certain brands have been focusing on celebrity endorsements and expert advice for potential customers to increase awareness about new and emerging products. The key players profiled in the report are Aderans Co., Ltd., Cinderella Hair, Daxbourne International Ltd., Foxy Locks Ltd., Hair Development Limited, Kimwigs.Co.UK, Luxy Hair Co., Racoon International Ltd., Salonlabs LLC, and the Real Human Hair Company.
Key Benefits for Stakeholders
- The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019-2027 identify the prevailing water tank opportunities.
- Porter’s five forces analysis highlights the potency of buyers and supplier’s tenable stakeholder’s make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the size and segmentation assists to determine the prevailing market opportunities.
- The major countries in each region are mapped according their revenue contribution the industry.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the UK female hair piece, wig, and extension industry.
KEY MARKET SEGMENTATION
- Product Type
- Hair Pieces
- Bangs & Fringes
- Ponytails
- Hair Buns
- Hair Wraps
- Head Bands
- Others
- Wigs
- Standard & Capless Construction
- Hand Tied
- Monofilament Construction
- Lace Front Wig
- Others
- Hair Extensions
- Clip-in Hair Extension
- Tape-in Hair Extension
- Sew-in Hair Extension/Weave
- Pre-bonded Hair Extension
By Material
- Synthetic Hair
- Real Hair
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Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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