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Hair Wigs and Extensions Market Size, Share & Trends Analysis Report by Hair Type (Human, Synthetic), by Product (Wigs, Extensions), by Region, and Segment Forecasts, 2022-2030

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    Report

  • 80 Pages
  • September 2022
  • Region: Global
  • Grand View Research
  • ID: 5665147
Description Jump to:
The global hair wigs and extensions market size is estimated to be USD 12.27 billion in 2030 and is anticipated to grow at a CAGR of 8.0% from 2022 to 2030. The use of hair wigs and extensions protects the natural hair against the damage caused by heating and the use of chemicals. Furthermore, these products are also used for styling as they are highly convenient. In addition, the increasing incidence of diseases related to hair including alopecia is another factor expected to contribute to the growth of the industry over the forecast period. The COVID-19 pandemic had a negative impact on the global industry due to the shortage of human hair as a result of the closure of salons to stop the spread of the virus.

The industry was also heavily impacted due to restrictions on the export and import of the products. The businesses operating in the industry suffered a major loss due to delays in the shipment of products across the globe. The wigs segment held a higher share of the overall revenue in 2021 and is expected to expand at a substantial CAGR over the forecast period. The high adoption of wigs is the primary factor expected to contribute to the growth of the segment. Wigs enable the user to achieve the desired look by styling it without causing any damage to the natural hair while using chemicals and heat, which is increasing the adoption of wigs.

North America accounted for the largest revenue share in 2021 and is estimated to grow at a considerable CAGR over the forecast period. The increasing adoption of hair extensions & wigs by consumers in the region as a fashion accessory is a key factor contributing to its growth. Moreover, high product usage by all types of age groups as a part of their costume during the Halloween season. Major players are undertaking various strategies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain a higher share of the industry.

Hair Wigs And Extensions Market Report Highlights

  • Asia Pacific is expected to grow with the fastest CAGR over the forecast period due to the rising product adoption among the millennials and gen z population as a fashion accessory
  • The extensions segment is estimated to register the fastest growth rate during the forecast period
  • This growth is attributed to the factors, such as the growing demand for high-quality extensions coupled with their availability in different attaching techniques
  • The synthetic hair type segment is projected to register the fastest growth rate during the forecast period
  • This growth is attributed to the increasing adoption of synthetic hair goods as these are cheaper than human hair

Table of Contents

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. 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. Product Outlook
2.3. Hair Type Outlook
2.4. Regional Outlook
Chapter 3. Hair Wigs and Extensions Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Hair Wigs and Extensions Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19 on Hair Wigs and Extensions Market
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Type Adoption
4.5. Observations & Recommendations
Chapter 5. Hair Wigs and Extensions Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2021 & 2030
5.2. Wigs
5.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
5.3. Extensions
5.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
Chapter 6. Hair Wigs and Extensions Market: Hair Type Estimates & Trend Analysis
6.1. Hair Type Movement Analysis & Market Share, 2021 & 2030
6.2. Human Hair
6.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
6.3. Synthetic Hair
6.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
Chapter 7. Hair Wigs and Extensions Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2021 & 2030
7.2. North America
7.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.2.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.2.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.2.5. Canada
7.2.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.2.5.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.2.6. Mexico
7.2.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.2.6.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3.4. U.K.
7.3.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3.5. Germany
7.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.5.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.6.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3.7. Italy
7.3.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.7.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.7.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.3.8. Spain
7.3.8.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.8.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.3.8.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4.5. Japan
7.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.5.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4.6. India
7.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.6.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4.7. South Korea
7.4.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.7.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.7.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.4.8. Indonesia
7.4.8.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.8.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.4.8.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.5.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.5.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.5.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.6.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.6.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
7.6.4.3. Market estimates and forecast, by hair type, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key Global Players, Recent Developments & Their Impact on the Industry
8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3. Vendor Landscape
8.3.1. Key Company Market Share Analysis, 2021
Chapter 9. Company Profiles
9.1. Evergreen Products Group Limited.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Type Benchmarking
9.1.4. Strategic Initiatives
9.2. Godrej Consumer Products Limited
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Type Benchmarking
9.2.4. Strategic Initiatives
9.3. Artnature Inc.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Type Benchmarking
9.3.4. Strategic Initiatives
9.4. Aderans Co., Ltd.
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Type Benchmarking
9.4.4. Strategic Initiatives
9.5. Donna Bella Hair
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Type Benchmarking
9.5.4. Strategic Initiatives
9.6. F.N. Longlocks
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Type Benchmarking
9.6.4. Strategic Initiatives
9.7. ALERIANA Wigs
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Type Benchmarking
9.7.4. Strategic Initiatives
9.8. Klix Hair Extensions
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Type Benchmarking
9.8.4. Strategic Initiatives
9.9. Indique Hair
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Type Benchmarking
9.9.4. Strategic Initiatives
9.10. Shake-N-Go, Inc.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Type Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Hair wigs and extensions market - key market driver analysis
2. Hair wigs and extensions market - key market restraint analysis
3. Hair wigs market estimates and forecast, 2017 - 2030 (USD Million)
4. Hair extensions market estimates and forecast, 2017 - 2030 (USD Million)
5. Hair wigs and extensions market estimates and forecast by human hair type, 2017 - 2030 (USD Million)
6. Hair wigs and extensions market estimates and forecast by synthetic hair type, 2017 - 2030 (USD Million)
7. North America hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
8. North America hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
9. North America hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
10. U.S. hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
11. U.S. hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
12. U.S. hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
13. Canada hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
14. Canada hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
15. Canada hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
16. Mexico hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
17. Mexico hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
18. Mexico hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
19. Europe hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
20. Europe hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
21. Europe hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
22. U.K. hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
23. U.K. hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
24. U.K. hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
25. Germany hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
26. Germany hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
27. Germany hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
28. France hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
29. France hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
30. France hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
31. Italy hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
32. Italy hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
33. Italy hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
34. Spain hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
35. Spain hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
36. Spain hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
37. Asia Pacific hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
38. Asia Pacific hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
39. Asia Pacific hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
40. China hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
41. China hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
42. China hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
43. Japan hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
44. Japan hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
45. Japan hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
46. India hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
47. India hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
48. India hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
49. South Korea hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
50. South Korea hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
51. South Korea hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
52. Indonesia hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
53. Indonesia hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
54. Indonesia hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
55. Central & South America hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
56. Central & South America hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
57. Central & South America hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
58. Brazil hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
59. Brazil hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
60. Brazil hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
61. Middle East & Africa hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
62. Middle East & Africa hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
63. Middle East & Africa hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
64. South Africa hair wigs and extensions market estimates and forecast, 2017 - 2030 (USD Million)
65. South Africa hair wigs and extensions market estimates and forecast by product, 2017 - 2030 (USD Million)
66. South Africa hair wigs and extensions market estimates and forecast by hair type, 2017 - 2030 (USD Million)
67. Company Categorization
List of Figures
1. Hair wigs and extensions market segmentation & scope
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Hair wigs and extensions market - Penetration & growth prospect mapping
7. Hair wigs and extensions market - Value chain analysis
8. Hair wigs and extensions market: Porter’s Five Forces Analysis
9. Hair wigs and extensions market: Roadmap
10. Factors affecting the buying decision for hair wigs and extensions market
11. Hair wigs and extensions market: Product (%) analysis, 2021 & 2030
12. Hair wigs and extensions market: Hair type (%) analysis, 2021 & 2030
13. Hair wigs and extensions market: Regional share (%) analysis, 2021 & 2030
14. Key hair wigs and extensions company market share analysis, 2021

Companies Mentioned

  • Evergreen Products Group Limited.
  • Godrej Consumer Products Limited
  • Artnature Inc.
  • Aderans Co. Ltd.
  • Donna Bella Hair
  • F.N. Longlocks
  • Aleriana Wigs
  • Klix Hair Extensions
  • Indique Hair
  • Shake-N-Go, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedSeptember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 6.46 Billion
Forecasted Market Value ( USD ) by 2030 $ 12.27 Billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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