Hair Wig Market
Hair Wig Market Study by Hair Extension and Full-Head Hair Wigs in Synthetic and Natural Hairs for Commercial and Individual Users From 2024 to 2034
Analysis of Hair Wig Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Hair Wig Market Outlook (2024 to 2034)
The global hair wig market is estimated to value US$ 1 billion in 2024 and is forecasted to increase at a stagnant pace of 5.4% CAGR to reach US$ 1.69 billion by 2034.
According to the hair wig industry analysis, the grooming industry is increasing and is estimated to bring growth in the market for hair wigs. The increasing personal income is driving the demand for fashion accessories. Researchers have observed that the market for hair wigs has grown faster than other grooming products in the last decade. Analysts have noted that demand for wigs follows a steady path in developed clusters, while they estimate that potentially high growth economies will provide fertile ground for the industry to grow.
People worldwide are adopting easy and convenient options for routine personal grooming due to the steady development in the grooming sector and their fast-paced lifestyles. Africa is the second biggest destination for Chinese wigs; it accounts for 37% of the entire market, lagging behind the market share of the United States at 39%.
As the United States International Trade Commission indicates, China and India are major export destinations for hair wigs. The product and extension market is estimated to expand more rapidly than other hair care products due to the early onset of hair loss and the recent increased trend of hair experiments in the fashion industry. This growth aligns with the positive hair wig industry outlook, indicating a robust demand for innovative and diverse hair solutions in the coming years.
| Report Attributes | Details |
|---|---|
| Hair Wig Market Size (2024E) | US$ 1 Billion |
| Forecasted Market Value (2034F) | US$ 1.69 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.4 % CAGR |
| East Asia Market Growth Rate (2024 to 2034) | 7 % CAGR |
| North America Market Value (2034F) | US$ 353.22 Million |
| Synthetic Hair Wig Segment Value (2034F) | US$ 1.19 Billion |
| Natural Hairs Segment Value (2034F) | US$ 497.64 Million |
| Prominent Players | Rebecca; SNG; Hengyuan; Ruimei; Lord hair; Revlon; Raquel Welch; Paula young; Artnature; Aderans. |
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Market Outlook for Industry
“Potentially High Growth Regions Opening Opportunities for Hair Wig Manufacturers”
Across the globe, steady developments in the grooming sector are seen, and the fast-paced lifestyle of the global population has compelled people to choose easy and convenient options as far as routine personal grooming is concerned.
According to the United States International Trade Commission, China, and India are significant exporters of hair wigs, while the hair extension market is forecasted to grow at a faster pace than other hair care products in the industry owing to early hair loss and the recent rise in trend of hair experiments in the fashion industry. This aligns with the positive hair wig industry outlook, which anticipates continued growth driven by changing consumer preferences and increasing demand for diverse hair solutions.
“Expanding Hair Extensions Market Despite Available Alternatives”
There exist alternatives to hair extensions, including surgical and non-surgical transplants, which are considered a permanent solution to cure hair loss, though they are not guaranteed. Moreover, a surgical method for hair transplants is more expensive and is limited to the donor's hair availability, and results differ from case to case. When compared to these alternatives, demand for hair wigs has garnered higher revenues in the recent past because of their easy application and less expensive.
Demand for human hair extension is rising owing to its quality among Europeans and Americans, but the segment is witnessing a lower growth than wigs. According to a leading wig supplier in China, Chinese hair extensions are highly popular in the international market owing to their strand quality. However, hair for them is not easy to obtain locally.
Segment-Wise Insights
“Commercial Sector Dominates in the End-User Segment to Driving Hair Wig Market”
Hair wigs serve various applications in the end-use industries and have retained space in retail shelves in multiple types. The global hair extension market is segmented based on type, material, end-use, consumer orientation, sales channel, and geography. Based on type, the hair extension industry is segmented into hair extension and full-head hair wigs. Based on material, the hair wig industry analysis is segmented into synthetic and natural hair.
In terms of end-users, the global market is broadly segmented into commercial users and individual users. Commercial users of hair wigs are further segmented into the fashion and entertainment industry, hair care and grooming industry, and others. The demand for hair wigs is significantly higher as compared to individual users.
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Regional Outlook
The global, regional hair wig industry outlook indicates that a worldwide increase in disposable income and the desire to improve physical appearance are boosting the demand for personal grooming products, including hair wigs and extensions. Consumer expenditure on hair wigs in countries, such as China and India has grown multifold in recent years. The Online presence of key players, including Rebecca, SNG, Artnature, Aderans, and Ruimei is expanding their global footprint.
Asia-Pacific and North American regions dominate the styling industry, accounting for more than 60% of the cosmetics market combined. African descent population is familiar with artificial hair braiding due to their low hair growth patterns. Medical patients are another potential consumer base for hair wigs who undergo chemotherapy wherein an ample of hair loss is followed by treatment, including in cancer and other immune disorders, such as alopecia, primarily found in African countries.
Competitive landscape
To serve hair wig and extension demand, significant players, such as Rebecca, SNG, Hengyuan, Ruimei, Lord Hair, Revlon, Raquel Welch, and Paula Young, have introduced human hair wigs, which are also called virgin hair, as they are not treated with chemicals and are untouched, sourced directly from the human head. Hair wigs are a category of grooming products, where the demand for the former has been observed to grow at a faster pace than the latter.
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Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of the Hair Wig Market Research
-
By Type :
- Hair Extension
- Full-head hair wigs
-
By Material :
- Synthetic
- Natural hairs
-
By End-user :
- Commercial users
- Individual users
-
By Sales Channels :
- Offline
- Online
-
By Region :
- North America
- Latin America
- Western Europe
- East Asia
- South Asia and Pacific
- Eastern Europe
- The Middle East and Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Type
- 6.2. Material
- 6.3. End-User
- 6.4. Sales Channels
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Hair Extension
- 7.2. Full-head hair wigs
- 8. Global Market Analysis and Forecast, By Material
- 8.1. Synthetic
- 8.2. Natural hairs
- 9. Global Market Analysis and Forecast, By End-User
- 9.1. Commercial users
- 9.2. Individual users
- 10. Global Market Analysis and Forecast, By Sales Channels
- 10.1. Offline
- 10.2. Online
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Western Europe
- 11.4. Eastern Europe
- 11.5. East Asia
- 11.6. South Asia & Pacific
- 11.7. MEA
- 12. North America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 18. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 19. Sales Forecast by Type, Material, End-User, and Sales Channels for 30 Countries
- 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 21. Company Profile
- 21.1. Rebecca
- 21.2. SNG
- 21.3. Hengyuan
- 21.4. Ruimei
- 21.5. Lord’s hair
- 21.6. Revlon
- 21.7. Raquel Welch
- 21.8. Paula young
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Type
Table 03: Global Market US$ Mn Forecast by Material
Table 04: Global Market US$ Mn Forecast by End-User
Table 05: Global Market US$ Mn Forecast by Sales Channels
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Type
Table 08: North America Market US$ Mn Forecast by Material
Table 09: North America Market US$ Mn Forecast by End-User
Table 10: North America Market US$ Mn Forecast by Sales Channels
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Type
Table 13: Latin America Market US$ Mn Forecast by Material
Table 14: Latin America Market US$ Mn Forecast by End-User
Table 15: Latin America Market US$ Mn Forecast by Sales Channels
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Type
Table 18: Western Europe Market US$ Mn Forecast by Material
Table 19: Western Europe Market US$ Mn Forecast by End-User
Table 20: Western Europe Market US$ Mn Forecast by Sales Channels
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Type
Table 23: Eastern Europe Market US$ Mn Forecast by Material
Table 24: Eastern Europe Market US$ Mn Forecast by End-User
Table 25: Eastern Europe Market US$ Mn Forecast by Sales Channels
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Type
Table 28: East Asia Market US$ Mn Forecast by Material
Table 29: East Asia Market US$ Mn Forecast by End-User
Table 30: East Asia Market US$ Mn Forecast by Sales Channels
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Type
Table 33: South Asia & Pacific Market US$ Mn Forecast by Material
Table 34: South Asia & Pacific Market US$ Mn Forecast by End-User
Table 35: South Asia & Pacific Market US$ Mn Forecast by Sales Channels
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Type
Table 38: MEA Market US$ Mn Forecast by Material
Table 39: MEA Market US$ Mn Forecast by End-User
Table 40: MEA Market US$ Mn Forecast by Sales Channels
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channels
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the present market size of the hair wig market?
The size of the hair wig market for the year of 2024 is US$ 1 billion.
What is the forecast market valuation for hair wigs?
Demand for the hair wig market is projected to reach US$ 1.69 billion by the end of 2034.
How much is the hair wig market CAGR through 2034?
The hair wig market is analyzed to grow at 5.4% CAGR during the forecast period.
Hair Wig Market