According to a new market research report published by Global Insight Services “ Hair Accessories Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A hair accessory is an item used to enhance one’s appearance. Common hair accessories include headbands, hairpins, barrettes, and hair ties. While most hair accessories are designed for use with human hair, some can also be used with artificial hair extensions.
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Top Key Players in Hair Accessories market: Goody Products Inc., Claire’s, Conair Corporation, H&M, Forever 21, Fromm International, Annie International Inc., L. ERICKSON
Key Trends
Increased use of natural materials: Consumers are increasingly interested in hair accessories made from natural materials such as wood, stone, and shells. This trend is driven by a desire for products that are more environmentally friendly and sustainable.
Key Drivers
Some of the key drivers of the hair accessories market include the increasing popularity of DIY hairstyling, the rising trend of self-expression through hairstyling, the growing popularity of hair accessories as fashion items, and the increasing availability of hair accessories.
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Market Segments
The hair accessories market report is bifurcated on the basis of product, material, distribution channel, and region. On the basis of product, it is segmented into clips & pins, headbands, wigs & extensions, and others. Based on material, it is analyzed across leather, PU, cloth, and others. By distribution channel, it is divided into hypermarkets, general stores, online, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Hair Accessories Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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