The Global Human Hair Extension Market Size Was Valued At USD 3.71 Billion In 2022. The Market Is Projected To Grow From USD 4.06 Billion In 2022 To USD 7.63 Billion By 2030, Exhibiting A CAGR Of 9.44% During The Forecast Period. Global Human Hair Extension Market Reports give a Key study on the industry status of the Human Hair Extension Industry Manufacturer with the specific statistics, meaning, definition, SWOT Analysis, expert opinion, and recent development across the globe. The research report also covers the Market Size, Price, Sales, Revenue, Market share, Gross Margin, growth rate, and cost structure. The report aims to give an additional sample of the latest scenario, economic slowdown, and Covid-19 impact on overall Industry.
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The sudden rise in CAGR is because of the market’s demand and growth, which will go back to where they were before the pandemic.
When they go to public events, fashionistas care a lot about how they look and what they wear. So, people use high-tech hair integration products to make hairstyles that work for different events. Aside from that, changing fashion trends and more people trying out new hairstyles also increase demand and supply.
Today, both doctors and fashion experts recommend using hair products because they help hide split ends, keep hair thick, and colour wigs without hurting the health of the roots. For example, the Mayo Clinic, a health care centre in the United States, often tells its patients who are losing their hair to use fake wigs or hair extension tools to hide it.
Because of lockdown rules in different parts of the world, it’s hard for companies to meet their channel partners in person and close business deals. This will change how much money the companies make from their products in a big way. Also, things like the lockdown restrictions making barbershops close and the lack of raw hair supplies could have a big effect on how often people all over the world buy things.
People still prefer to stay inside so they don’t catch the coronavirus. This will make people more likely to take care of their looks, hygiene, and beauty at home, which will increase the demand for these devices among people who live in their own homes. For example, from January 1, 2020, to May 18, 2020, sales of hair straighteners, extensions, beard shavers, and other styling products in the Indian market went up by 50% at the online store Paytm Mall, which is owned by One97 Communications.
Competitive Landscape and Global Market Share Analysis:
GREAT LENGTHS (Italy), Balmain Hair Couture (France), Hairdreams Haarhandels GmbH (Austria), easihair pro (U.S.), Euro So. Cap Srl (Italy), Beauty Industry Group Inc. (U.S.), Cinderella Hair Extension (U.S.), Hairlocs (U.S.), KLIX HAIR, INC. (U.S.), UltraTress (U.S.), Racoon International (U.K.), Hair Addictionz (U.S.), N. LONGLOCKS (U.S.), Viva Femina, Inc. (U.S.), Femme Extensions (U.S.), Others
Market Segmentation:
By Type:
- Clip-in Hair Extension
- Fusion & Pre-Bonded Hair Extension
- Tape-in Hair Extension
- Others
By Application:
- Female
- Male
By Sales Channel:
- Online Channel
- Offline Channel
The report on the Human Hair Extension market covers the following region (country) analysis:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Regional Insights:
North America became the biggest market for real human hair extensions in 2021. In the United States, hair extension companies usually only work with salons that have been around for a long time. This is good for the brand’s name. For example, Perfect Locks LLC, a California-based American company that makes hair extensions, only works with well-known businesses and salons to sell its products. Also, the company makes sure that the Perfect Locks brand stays with its distributors.
In the U.S., the way things are sold has changed a lot in the last few years. For example, in March 2021, USA Hair, a well-known online store in the United States that sells beauty products, announced that they would be selling a wide range of hair products, including hair extensions. The new line of hair extensions comes in many different colours to meet the needs of different types of customers. The online shop also said that all of its products will be up to 17% cheaper from now until March 28, 2021. Launching a new product is a smart move that shows how important fashion is becoming in the U.S. and how brands need to keep coming up with new products to stay in the game. Hair Visions International is a large company that sells products all over the world.
In the next few years, Asia-Pacific is likely to grow a lot. India sells both raw materials and finished products to the west. There are many suppliers of natural hair, and most of them are in Chennai (Tamil Nadu). One of the biggest companies that makes and sells natural human hair is Shanmuga Hair Products India Pvt. Ltd. About a fifth of their hair products are sent to the U.S. every year. Italy, which is in Europe, is the biggest market for the company. Hair Luxury, a store in Europe, helps the company sell its products. Different data sources say that Hair Luxury can sell the product for about $2,000 per kilo, depending on how good the hair is. Shanmuga Hair Products India Pvt. Ltd. works by hand on about 1,000 kg of hair every month. On domestic markets, the company sells weaves for about $500 per kilogramme, but on international markets, it sells hair extensions for about $900 per kilogramme.
Following are the major TOC of the Human Hair Extension Market:
Chapter 1: Human Hair Extension Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Human Hair Extension Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Human Hair Extension Market Forecast
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Key Reasons to Purchase Human Hair Extension Market report:
The report provides a thorough examination of the manufacturing methods, as well as ideas to reduce development risk, major market growth challenges and strategic inputs to overcome the market threats.
In-depth market analysis and an overview of the global Human Hair Extension Market trend and commercial landscape are included in the report. In addition, the report discusses the effect of COVID-19 on the market.
Reader can acquire a better interpretation of the Human Hair Extension Market forecast’s future view and opportunities from the report.
The report contains an analysis of recent developments as well as profiles of important market leaders and key players.
To gain an understanding of the market strategies by the leading market players in the Human Hair Extension
The report analyses the most important driving and restraining factors in the industry, as well as their impact on global market growth.
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