LONDON--(BUSINESS WIRE)--The hair wigs and extension market is expected to grow by USD 2.42 billion, progressing at a CAGR of almost 6% during the forecast period.
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Technological advances in the production and design of synthetic hair wigs are one of the major factors propelling market growth. However, factors such as high labor costs for handwoven wigs will hamper the market growth.
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Hair Wigs And Extension Market: Product Landscape
Based on the product, the market saw maximum growth in the human hair wigs and extensions segment in 2019. The increasing demand for high-end human hair extensions in countries such as the US, the UK, and France is driving the growth of the segment. The market growth in the segment will be significant over the forecast period.
Hair Wigs And Extension Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 43% of the market’s overall growth is expected to originate from APAC. The growth of the hair wigs and extension market in APAC is driven by the growth of key end-user industries such as healthcare and entertainment.
China, India, and Japan are the key markets for hair wigs and extensions in APAC. Market growth in this region will be faster than the growth of the market in Europe and South America.
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Companies Covered:
- Aderans Co. Ltd.
- Artnature Inc.
- Donna Bella OpCo LLC
- Evergreen Products Group Ltd.
- Godrej Consumer Products Ltd.
- Great Lengths Universal Hair Extensions Srl
- Klix Hair Inc.
- Rebecca Hair Products Co. Ltd.
- Shake-N-Go Inc.
- Shandong AY Hair Products Co. Ltd.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Human hair wigs and extension - Market size and forecast 2019-2024
- Synthetic hair wigs and extension - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aderans Co. Ltd.
- Artnature Inc.
- Donna Bella OpCo LLC
- Evergreen Products Group Ltd.
- Godrej Consumer Products Ltd.
- Great Lengths Universal Hair Extensions Srl
- Klix Hair Inc.
- Rebecca Hair Products Co. Ltd.
- Shake-N-Go Inc.
- Shandong AY Hair Products Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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