Global Hair Extensions Market Analysis and Forecast 2019-2028
$2,800.00 – $5,440.00
Rise in disposable income and changing fashion trends to drive the growth
The global hair extensions market stood at US$ 7.5 billion in 2021 and is expected to grow at a significant growth rate of 5.3% in the period of 2022-2028. As incomes continue to rise around the world, luxury hair extensions have become easily became affordable which is anticipated to fuel the demand for high-quality hair extensions. In addition, hair extensions are a safer option than opting for permanently damaging hair treatments and therapies. Even hair styling options leaves after-effects on human hair contributing to hair thinning and damage.
Besides, the growing popularity of hair extensions has led to an increase in the number of retailers and suppliers offering such products, making it easier for consumers to find and purchase hair extensions that meet their needs. Overall, the changing fashion trends is the major factor contributing to the market’s growth. As new trends emerge, consumers are often inspired to try new hairstyles and hair colors and imitate their favorite influencers. Hair extensions provide a convenient and affordable way to experiment with different looks without committing to a permanent change.
The use of chemical products and the increasing demand from the fashion industry is anticipated to drive the market growth
The global hair extensions market is expected to witness an upsurge in the demand for hair extensions due to the rise of chemicals usage in food products coupled with the use of low-price and discounted shampoos with high sulfate and phosphate content which leads to hair thinning and hair fall. Additionally, people are increasingly using hair extensions as a way to protect their natural hair from damage caused by styling products and tools. In addition, with the rise in social media and beauty influencers, the market is anticipated to witness a growing interest in hair extensions as a medium to enhance one’s appearance. The extensive use of hair extensions in the fashion and entertainment sector is expected to drive major revenue for the global hair extensions market.
Moreover, advancements in technology have made it possible to create hair extensions that look and feel more natural just like human hair. The use of high-quality synthetic fibers and real human hair greatly improved the quality of hair extensions available in the market. Also, the technology is being developed to provide the customer with a holistic experience through lightweight and human hair-like hair extensions, and that too being pocket-friendly.
North America to contribute prominently to the global market
Hair extension products are increasingly used across the globe, particularly by female consumers, and have become increasingly popular in the past few years as more consumers have been seeking to increase their hair volume through hair extension products. African-descent consumers in the US and Europe have curly and kinky hair and are generally able to afford hair goods at higher prices than native African consumers. Moreover, these consumers are influenced by up-to-date aesthetics and fashion trends and tend to regard hair goods as both functional and daily consumer goods as well as fashion accessories. Further, with the emergence of new startups and rising disposable income, the market for hair extension products is likely to gain rapid pace across Asia Pacific.
Market Structure and Competitive Landscape
The prominent players in the global hair extension market are Great Lengths Universal Hair Extensions Srl, Balmain Hair Extensions, Nish Hair, Hair Visions International, Cinderellahair Extensions, Hairlocs, Racoon International, easihair pro, SO.CAP.USA and Godrej Consumer Products Ltd. Manufacturers of hair extensions are working to develop technologies that may be used in a wider range of manufacturing environments in order to boost the hair extensions market’s development potential. Mergers and acquisitions are also common among market manufacturers.
- In 2018, Godrej Consumer Products Ltd. acquired 100% stake in South African hair extension firm Frika Hair for an undisclosed amount. This acquisition helped GCPL in consolidating its presence in the hair extensions market in South Africa.
- In May 17, 2022 Beauty Industry Group (“BIG”), an industry leader for hair solutions, announced its acquisition of BELLAMI Hair (“BELLAMI”), a premium brand driving innovation in the hair extensions and haircare categories.
Key Market Segmentation
RationalStat has segmented the global hair extensions market based on the type, color type, hair type, hair style, attaching type, end user and region.
- By Type
- Human Hair
- Chinese Hair
- European/Caucasian Hair
- Indian Hair
- Others (Indonesian)
- Synthetic Hair Extensions
- Synthetic Hair Filament
- Protein Hair Filament
- Human Hair
- By Color Type
- Colored Hair
- Non-Colored Hair
- By Hair Type
- Straight
- Curly
- Wavy
- Others (Extra Curly)
- By Hair Style
- Strand-outs
- Bangs
- Braided
- Buns
- Hair Topper
- Toupée
- By Attaching Type
- Clip-ins
- Tape-ins
- Fusing
- Weaving
- By End User
- Men
- Women
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecast, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Why Buy this Report?
The report is intended for raw hair suppliers, hair extensions manufacturers, government organizations, beauty and cosmetics organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption pattern, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
| REGION | Global |
|---|---|
| RELEASE YEAR | 2022 |
| RESEARCH CODE | RST-SAR-164 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Per Capita Income by Select Countries
6.1.3. Consumer Spending on Hair Extensions by Region
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Raw Hair Suppliers
6.3.2. Hair Extensions Manufacturers
6.3.3. Hair Extensions Wholesalers
6.3.4. Hair Extensions Sub Distributor
6.3.5. Hair Extensions Retailer
6.3.6. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Hair Extensions Market: Key Investment Analysis
9.1. By Hair Extensions Manufacturers
9.2. By Region
9.3. By End User
9.4. M&A Activities
Robust assessment of major investments made by various industry players in the areas ranging from the application, technology, key end users, etc.
10. Global Hair Extensions Market: Raw Material Assessment
11. Production Capacity
12. Regional Penetration of Hair Extensions
12.1.North America
12.2.Latin America
12.3.Western Europe
12.4.Eastern Europe
12.5.Asia Pacific
12.6.Middle East & Africa
13. Price Analysis: Synthetic Fiber Price Vs Human Hair Price
14. Pricing Analysis
14.1.By Type
14.1.1. Human Hair
14.1.1.1. Chinese Hair
14.1.1.2. European/Caucasian Hair
14.1.1.3. Indian Hair
14.1.1.4. Others (Indonesian)
14.1.2. Synthetic Hair Extensions
14.1.2.1. Synthetic Hair Filament
14.1.2.2. Protein Hair Filament
14.2.By Color Type
14.2.1. Colored Hair
14.2.2. Non-Colored Hair
14.3.By Hair Type
14.3.1. Straight
14.3.2. Curly
14.3.3. Wavy
14.3.4. Others (Extra Curly)
14.4.By Hair Style
14.4.1. Strand-outs
14.4.2. Bangs
14.4.3. Braided
14.4.4. Buns
14.4.5. Hair Topper
14.4.6. Toupée
14.5.By Attaching Type
14.5.1. Clip-ins
14.5.2. Tape-ins
14.5.3. Fusing
14.5.4. Weaving
14.6.By Region
14.6.1. North America
14.6.2. Western Europe
14.6.3. Eastern Europe
14.6.4. Asia Pacific
14.6.5. Latin America
14.6.6. Middle East & Africa
15. Parent Market Overview
15.1.Global Beauty & Cosmetics Market by Value (US$ Million)
15.2.Global Wigs and Hair Accessories Market by Value (US$ Million) and Volume (‘000 Units)
16. Segmental Analysis
16.1.Global Hair Extensions Market by Type in terms of Value (US$ Million)
16.1.1. Segment Overview
16.1.1.1. Human Hair
16.1.1.1.1. Chinese Hair
16.1.1.1.2. European/Caucasian Hair
16.1.1.1.3. Indian Hair
16.1.1.1.4. Others (Indonesian)
16.1.1.2. Synthetic Hair Extensions
16.1.1.2.1. Synthetic Hair Filament
16.1.1.2.2. Protein Hair Filament
16.2.Global Hair Extensions Market by Color Type in terms of Value (US$ Million) and Volume (‘000 Units)
16.2.1. Segment Overview
16.2.1.1. Colored Hair
16.2.1.2. Non-Colored Hair
16.3.Global Hair Extensions Market by Hair Type in terms of Value (US$ Million) and Volume (‘000 Units)
16.3.1. Segment Overview
16.3.1.1. Straight
16.3.1.2. Curly
16.3.1.3. Wavy
16.3.1.4. Others (Extra Curly)
16.4.Global Hair Extensions Market by Hair Style in terms of Value (US$ Million) and Volume (‘000 Units)
16.4.1. Segment Overview
16.4.1.1. Strand-outs
16.4.1.2. Bangs
16.4.1.3. Braided
16.4.1.4. Buns
16.4.1.5. Hair Topper
16.4.1.6. Toupée
16.5.Global Hair Extensions Market by Attaching Type in terms of Value (US$ Million) and Volume (‘000 Units)
16.5.1. Segment Overview
16.5.1.1. Clip-ins
16.5.1.2. Tape-ins
16.5.1.3. Fusing
16.5.1.4. Weaving
16.6.Global Hair Extensions Market by End User in terms of Value (US$ Million) and Volume (‘000 Units)
16.6.1. Segment Overview
16.6.1.1. Men
16.6.1.2. Women
16.7.Global Hair Extensions Market by Region in terms of Value (US$ Million) and Volume (‘000 Units)
16.7.1. North America
16.7.2. Latin America
16.7.3. Western Europe
16.7.4. Eastern Europe
16.7.5. Asia Pacific
16.7.6. Middle East & Africa
17. Regional Analysis
17.1.North America Hair Extensions Market Analysis and Forecast 2019-2028
17.1.1. Regional Market Overview and Key Takeaways
17.1.2. North America Hair Extensions Market by Type
17.1.3. North America Hair Extensions Market by Color Type
17.1.4. North America Hair Extensions Market by Hair Type
17.1.5. North America Hair Extensions Market by Hair Style
17.1.6. North America Hair Extensions Market by Attaching Type
17.1.7. North America Hair Extensions Market by End User
17.1.8. North America Hair Extensions Market by Country
17.1.8.1. US
17.2.Latin America Hair Extensions Market Analysis and Forecast 2019-2028
17.2.1. Regional Market Overview and Key Takeaways
17.2.2. Latin America Hair Extensions Market by Type
17.2.3. Latin America Hair Extensions Market by Color Type
17.2.4. Latin America Hair Extensions Market by Hair Type
17.2.5. Latin America Hair Extensions Market by Hair Style
17.2.6. Latin America Hair Extensions Market by Attaching Type
17.2.7. Latin America Hair Extensions Market by End User
17.2.8. Latin America Hair Extensions Market by Country
17.2.8.1. Brazil
17.2.8.2. Mexico
17.2.8.3. Rest of Latin America
17.3.Western Europe Hair Extensions Market Analysis and Forecast 2019-2028
17.3.1. Regional Market Overview and Key Takeaways
17.3.2. Western Europe Hair Extensions Market by Type
17.3.3. Western Europe Hair Extensions Market by Color Type
17.3.4. Western Europe Hair Extensions Market by Hair Type
17.3.5. Western Europe Hair Extensions Market by Hair Style
17.3.6. Western Europe Hair Extensions Market by Attaching Type
17.3.7. Western Europe Hair Extensions Market by End User
17.3.8. Western Europe Hair Extensions Market by Country
17.3.8.1. Germany
17.3.8.2. UK
17.3.8.3. France
17.3.8.4. Spain
17.3.8.5. Italy
17.3.8.6. Benelux
17.3.8.7. Nordic
17.3.8.8. Rest of Western Europe
17.4.Eastern Europe Hair Extensions Market Analysis and Forecast 2019-2028
17.4.1. Regional Market Overview and Key Takeaways
17.4.2. Eastern Europe Hair Extensions Market by Type
17.4.3. Eastern Europe Hair Extensions Market by Color Type
17.4.4. Eastern Europe Hair Extensions Market by Hair Type
17.4.5. Eastern Europe Hair Extensions Market by Hair Style
17.4.6. Eastern Europe Hair Extensions Market by Attaching Type
17.4.7. Eastern Europe Hair Extensions Market by End User
17.4.8. Eastern Europe Hair Extensions Market by Country
17.4.8.1. Russia
17.4.8.2. Poland
17.4.8.3. Rest of Eastern Europe
17.5.Asia Pacific Hair Extensions Market Analysis and Forecast 2019-2028
17.5.1. Regional Market Overview and Key Takeaways
17.5.2. Asia Pacific Hair Extensions Market by Type
17.5.3. Asia Pacific Hair Extensions Market by Color Type
17.5.4. Asia Pacific Hair Extensions Market by Hair Type
17.5.5. Asia Pacific Hair Extensions Market by Hair Style
17.5.6. Asia Pacific Hair Extensions Market by Attaching Type
17.5.7. Asia Pacific Hair Extensions Market by End User
17.5.8. Asia Pacific Hair Extensions Market by Country
17.5.8.1. China
17.5.8.2. Japan
17.5.8.3. India
17.5.8.4. South Korea
17.5.8.5. Australia
17.5.8.6. ASEAN
17.5.8.7. Rest of Asia-Pacific
17.6.Middle East & Africa Hair Extensions Market Analysis and Forecast 2019-2028
17.6.1. Regional Market Overview and Key Takeaways
17.6.2. Middle East & Africa Hair Extensions Market by Type
17.6.3. Middle East & Africa Hair Extensions Market by Color Type
17.6.4. Middle East & Africa Hair Extensions Market by Hair Type
17.6.5. Middle East & Africa Hair Extensions Market by Hair Style
17.6.6. Middle East & Africa Hair Extensions Market by Attaching Type
17.6.7. Middle East & Africa Hair Extensions Market by End User
17.6.8. Middle East & Africa Hair Extensions Market by Country
17.6.8.1. GCC
17.6.8.2. South Africa
17.6.8.3. Turkey
17.6.8.4. Rest of the Middle East & Africa
18. Competitive Landscape
18.1. Competition Dashboard
18.1.1. Market Share Analysis by Brands
18.1.1.1. Regional
18.1.1.2. Global
18.1.2. Market Structure by Geography
18.2.Competitive Benchmarking
18.3.Key Strategy Analysis
18.4.Company Profiles
18.4.1. Great Lengths Universal Hair Extensions Srl
18.4.1.1. Company Overview
18.4.1.2. Product/Service Offerings
18.4.1.3. Key Financials
18.4.1.4. Recent Developments
18.4.2. Balmain Hair Extensions
18.4.2.1. Company Overview
18.4.2.2. Product/Service Offerings
18.4.2.3. Financials
18.4.2.4. Recent Developments
18.4.3. Nish Hair
18.4.3.1. Company Overview
18.4.3.2. Product/Service Offerings
18.4.3.3. Financials
18.4.3.4. Recent Developments
18.4.4. Hair Visions International.
18.4.4.1. Company Overview
18.4.4.2. Product/Service Offerings
18.4.4.3. Financials
18.4.4.4. Recent Developments
18.4.5. Cinderellahair Extensions
18.4.5.1. Company Overview
18.4.5.2. Product/Service Offerings
18.4.5.3. Financials
18.4.5.4. Recent Developments
18.4.6. Hairlocs
18.4.6.1. Company Overview
18.4.6.2. Product/Service Offerings
18.4.6.3. Financials
18.4.6.4. Recent Developments
18.4.7. Racoon International
18.4.7.1. Company Overview
18.4.7.2. Product/Service Offerings
18.4.7.3. Financials
18.4.7.4. Recent Developments
18.4.8. easihair pro
18.4.8.1. Company Overview
18.4.8.2. Product/Service Offerings
18.4.8.3. Financials
18.4.8.4. Recent Developments
18.4.9. SO.CAP.USA
18.4.9.1. Company Overview
18.4.9.2. Product/Service Offerings
18.4.9.3. Financials
18.4.9.4. Recent Developments
18.4.10. Godrej Consumer Products Ltd.
18.4.10.1. Company Overview
18.4.10.2. Product/Service Offerings
18.4.10.3. Financials
18.4.10.4. Recent Developments
19. Disclaimer
Every Sample Includes
Research Methodology
Complete Table of Contents, List of Charts and Tables
Exclusive Facts & Illustrations
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