Wilmington,Delaware, Aug. 21, 2023 (GLOBE NEWSWIRE) — Global Hair Extensions Market is valued at US$ 7.5 billion in 2022 and is predicted to develop at a major CAGR of over 5.3% over the forecast interval of 2023-2030, market report by RationalStat
Market Scope and Report Overview
Hair extensions are widespread for particular events resembling weddings, proms, events, and photoshoots the place folks need to look their finest for unforgettable events. Celebrities and influencers ceaselessly set magnificence and vogue tendencies. Their utilization of hair extensions for various hairstyles has the potential to extend shopper curiosity and acceptance. Higher-quality and extra natural-looking hair extensions have resulted from improved manufacturing procedures and supplies.
According to a deep-dive market evaluation by RationalStat, the worldwide hair extensions market has been analyzed on the premise of market segments, together with kind, colour kind, hair kind, coiffure, attaching kind, finish consumer, and geography/areas (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report additionally affords international and regional market sizing for the historic interval of 2019-2022 and the forecast interval of 2023-2030.
Market intelligence for the worldwide hair extensions market covers market sizes on the premise of market worth (US$/EUR Million) and quantity (Units) by varied merchandise/providers/gear, demand evaluation throughout the important thing areas, buyer sentiments, worth factors, cost constructions, margin evaluation throughout the worth chain, monetary assessments, historic and forecast information, key developments throughout the trade, import-export information, commerce overview, parts market by main firms, and many others.
In addition, the long-term sector and merchandise/providers 10-year outlook and its implications on the worldwide Hair Extensions market. It additionally consists of the trade’s present state – Production Levels, Capacity Utilization, Tech quotient, and many others. Key info shall be manufacturing capability by nation, put in base, import volumes, market measurement, key gamers, market measurement, dynamics, market information, insights, and many others.
Request A Customization:
Global Hair Extensions Market: Segmental and Market Share Analysis
On the premise of kind, the artificial hair class is predicted to develop at a major CAGR between 2023 and 2030. The elevated use of artificial wigs and extensions by all shopper segments is said to the phase’s rise.
On the premise of attaching kind, in 2022, the clip-in phase accounted for a substantial share of the hair extensions market and is predicted to rise at a major CAGR over the forecast interval. Clip-in hair extensions are in excessive demand as a result of they’re easy to use and short-term.
On the premise of finish consumer, as a result of elevated frequency of baldness among the many male inhabitants, the male phase is predicted to rise considerably over the forecast interval of 2023-2030. It would elevate the product’s demand.
Need Customization:
Period Covered embody information for 2019-2028 together with year-wise demand estimations
The hair extensions market report analyzes the market on the premise of worldwide financial conditions, regional geopolitics, import-export situations, commerce duties, market developments, natural and inorganic methods, mergers and acquisitions, product launches, authorities insurance policies, new capability addition, technological developments, R&D investments, and new market entry, alternative charges, penetration charges, put in base/fleet measurement, international and regional manufacturing capability, amongst others.
RationalStat affords market evaluation and consulting research on the premise of devoted and strong desk/secondary analysis supported by a powerful in-house information repository. In addition, the analysis leverages information primarily based on the real-time insights gathered from main interviews. Market estimations and insights are primarily based on main analysis (overlaying greater than 240 entities) and secondary analysis by leveraging worldwide benchmarking.
The international hair extensions market report additionally covers worth chain and provide chain evaluation that gives in-depth details about the worth chain margins and the position of varied stakeholders throughout the worth chain. Market dynamics supplied available in the market research embody market drivers, restraints/challenges, tendencies, and their impression available on the market all through the evaluation interval.
In the competitors evaluation part, the worldwide hair extensions market supplies an in depth competitors benchmarking evaluation primarily based available on the market share of the main firms/ manufacturers/producers/suppliers, a market construction overview with detailed firm profiles of greater than 25 gamers with their financials, product/service choices, main developments, business fashions, and many others. This permits, purchasers and report patrons to make robust, exact, and well timed selections.
Explore extra about this report
Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment
In the latest RationalStat evaluation, geopolitical conflicts and inflation are the cited financial dangers, whereas issues concerning the volatility throughout power sectors prevail in Europe and different components of the world. Some of the potential dangers to the financial progress within the main areas, together with Asia Pacific, Europe, North America, the Middle East & Africa, and different creating areas, are inflation, unstable power costs, provide chain disruptions, geopolitical instability, labor shortages, rising rates of interest, and COVID-19 pandemic.
The international financial system skilled heavy headwinds, all through 2019-2021, as some international locations witnessed subdued progress, whereas different international locations continued to grapple with financial slowdowns. The COVID-19 pandemic has levied undue stress throughout nearly all of industries globally and has precipitated a significant financial disaster within the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and lots of others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine battle in 2022 exacerbated the ever-heightened international uncertainty.
In addition to this, the worldwide financial progress slowed in 2022 to three.3%, weaker than anticipated on the finish of 2021, primarily weighed down by Russia’s battle in Ukraine and the related cost-of-living disaster in lots of international locations. However, enchancment in financial actions through the forecast interval is predicted. Growth is projected to stay at decrease charges in 2023 and 2024, at 2.6% and a pair of.9% respectively.
Get A Free Sample:
Competition Analysis and Market Structure
These gamers undertake varied methods to be able to reinforce their market share and acquire a aggressive edge over different rivals within the hair extensions market. Mergers & acquisitions, partnerships and collaborations, and product launches are a number of the methods adopted by trade gamers. Some of the important thing developments within the international hair extensions market embody,
- In May 2022, Beauty Industry Group (“BIG”), an trade chief in hair options, introduced its acquisition of BELLAMI Hair (“BELLAMI”), a premium model driving innovation within the hair extensions and haircare classes.
Some of the distinguished gamers that contribute considerably to the worldwide hair extensions market progress embody Great Lengths Universal Hair Extensions Srl, Balmain Hair Extensions, Nish Hair, Hair Visions International, Cinderella Hair Extensions, Hairlocs, Racoon International, Easihair professional, SO.CAP.USA and Godrej Consumer Products Ltd., amongst others.
RationalStat has segmented the worldwide hair extensions market primarily based on product kind, colour kind, hair kind, coiffure, attaching kind, finish consumer, and area
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Human Hair
- Chinese Hair
- European/Caucasian Hair
- Indian Hair
- Others (Indonesian)
- Synthetic Hair Extensions
- Synthetic Hair Filament
- Protein Hair Filament
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Color Type
- Colored Hair
- Non-Colored Hair
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Hair Type
- Straight
- Curly
- Wavy
- Others (Extra Curly)
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Hair Style
- Strand-outs
- Bangs
- Braided
- Buns
- Hair Topper
- Toupée
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Attaching Type
- Clip-ins
- Tape-ins
- Fusing
- Weaving
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
- Global Hair Extensions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Hair Extensions Market
- Latin America Hair Extensions Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Hair Extensions Market
- Eastern Europe Hair Extensions Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Hair Extensions Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Hair Extensions Market
- Leading Companies and Market Players
- Great Lengths Universal Hair Extensions Srl
- Balmain Hair Extensions
- Nish Hair
- Hair Visions International
- Cinderella hair Extensions
- Hairlocs
- Racoon International
- easihair professional
- SO.CAP.USA
- Godrej Consumer Products Ltd.
For extra details about this report
Key Questions Answered within the Hair Extensions Report:
- What would be the market worth of the worldwide hair extensions market by 2030?
- What is the market measurement of the worldwide hair extensions market?
- What are the market drivers of the worldwide hair extensions market?
- What are the important thing tendencies within the international hair extensions market?
- Which is the main area within the international hair extensions market?
- What are the most important firms working within the international hair extensions market?
- What are the market shares by key segments within the international hair extensions market?
Explore Our Trending Reports
- Global Home Organization Products Market– Global Home Organization Products Market is predicted to develop at a CAGR of 4.7% over the forecast interval of 2022-2028
- Global Delay Condoms Market– Global Delay Condoms Market is predicted to develop at a major CAGR over the forecast interval of 2022-2028
- Global Fish Tanks Market– Global Fish Tanks Market is predicted to develop at a major CAGR over the forecast interval of 2022-2028
- Global Combat Boots Market– Combat boots market is poised to develop with a CAGR of 4.8% from 2023-2030 and is estimated to be valued at US$ 1.9 billion in 2023.
- Global Subscription Box Market– Global subscription field market is predicted to develop at a CAGR of round 15% through the forecast interval of 2023-2028 and was valued at round US$ 23 billion in 2022.
- Global Blinds & Shades Market– Global Blinds & Shades Market is predicted to develop at a CAGR of 8.2% over the forecast interval of 2022-2028
- Global Scented Garbage Bag Market–Global Scented Garbage Bag Market is predicted to develop at a major CAGR over the forecast interval of 2022-2028
- Global Pet Care Market–Global Pet Care Market is predicted to develop at a CAGR of 5.1% over the forecast interval of 2022-2028
- Global Cosmetic Jar Market– Global Cosmetic Jar Market is predicted to develop at a CAGR of three.4% over the forecast interval of 2022-2028
- Global Carry Bags Market– Several elements act as drivers for the carry luggage market Carry luggage present a handy and environment friendly means for shoppers to hold their purchases. They provide ease of use, portability, and the flexibility to hold a number of objects without delay.
- Global Disinfecting Wipes Market– Global Disinfecting Wipes Market is predicted to develop at a CAGR of 6.0% over the forecast interval of 2022-2028
- Global Reverse Vending Machine Market– Global reverse merchandising machine (RVM) market reached a worth of US$ 455 million in 2022 and is predicted to develop at a CAGR of 5.5% over the forecast interval of 2023-28.
Research Methodology
RationalStat has developed a state-of-the-art analysis methodology to crunch numbers and supply the absolute best real-time insights to purchasers. We mix a various vary of trade expertise, information analytics, and specialists’ viewpoint to create a analysis methodology for market sizing and forecasting.
RationalStat combines a mixture of secondary sources in addition to main analysis to evaluate the market measurement and develop a forecast. Key steps concerned in precisely deriving the market numbers are:
- Defining the issue by understanding the kind of market and information required by the shopper.
- Data gathering and assortment via related paid databases, publicly out there sources, firm experiences, annual experiences, surveys, and interviews.
- Formulating a speculation to create market numbers, forecasts, influencing elements, and their relevance.
- Evaluating and analyzing the info by referring to information sources utilized and leveraged.
- Validating, decoding, and finalizing the info by combining the small print gathered from main and secondary sources with the assistance of skilled analysts.
To get any Deep Down Insight on the Report- Raise a Query
About RationalStat LLC
RationalStat is an end-to-end international market intelligence and consulting firm that gives complete market analysis experiences, custom-made technique, and consulting research. The firm has gross sales workplaces in India, Mexico, and the US to assist international and diversified businesses. The firm has over 80 consultants and trade specialists, creating greater than 850 market analysis and trade experiences for its report retailer yearly.
RationalStat has strategic partnerships with main information analytics and shopper analysis firms to cater to the shopper’s wants. Additional providers supplied by the corporate embody shopper analysis, nation experiences, danger experiences, valuations and advisory, monetary analysis, due diligence, procurement and provide chain analysis, information analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw,
Content and Press Manager
gross [email protected]
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest
