False Hair Products Market is expected to reach US$ 12,115.21 million by 2030

Rising Incidence of Hair Loss Among Patients Undergoing Cancer Treatment Drives False Hair Products Market Growth

According to our new research study on "False Hair Products Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Product Type, Material, End User, and Distribution Channel," the false hair products market size was valued at US$ 8,484.19 million in 2022 and is expected to reach US$ 12,115.21 million by 2030; it is estimated to register a CAGR of 4.6% from 2022 to 2030. The report highlights key factors driving the false hair products market growth and prominent players along with their developments in the market.

False hair products are artificial hairpieces designed to enhance or alter one’s natural hair appearance. These products are available in various forms, including hair extensions, hair wigs, and hair pieces. They are often used to add length, volume, or different colors to the hair. False hair products can be made from synthetic fibers or natural human hair, and they offer individuals the flexibility to experiment with different hairstyles without committing to permanent changes. While these products can provide instant transformations, it is essential to choose high-quality options and use them correctly to achieve a natural and seamless look. 

Evergreen Products Group Ltd, Hairuwear Inc, Henan Ruimei Products Co Ltd, Artnature Co Ltd, Shake-N-Go Inc, Papillon Hair World, Locks & Bonds, Klix Hair Inc, Easihair Pro, and Balmain Hair Group BV are among the key players operating in the global false hair products market. The global false hair products market players focus on providing high-quality products to fulfill customer demand. They also adopt strategies such as investments in research and development activities, new product launches, and expanding production capacities. Key players in the false hair products market are using e-commerce platforms to meet the growing demand for false hair products. 

Global Hair Extension Market Breakdown – by Region

Impact of COVID-19 Pandemic on False Hair Products Market

Before the onset of the COVID-19 outbreak, the false hair products market was mainly driven by the rising adoption of self-grooming products. However, due to emergence of the outbreak in 2020, many industries reported unprecedented challenges. During the initial phase of the COVID-19 pandemic, the consumer goods industry reported a decline in profits due to the shutdown of manufacturing units and disruption in the supply chain. The COVID-19 pandemic disturbed the manufacturing processes of various cosmetic and beauty products, including false hair products, owing to restrictions imposed by government authorities in various countries. Moreover, the shutdown of specialty stores and salons due to lockdowns and travel restrictions during the initial months of the COVID-19 outbreak hampered the sales of false hair products. Furthermore, as the supermarket chains remained closed during the first quarter of 2020, the retail sales of false hair products were reduced, which hindered the false hair products market growth.

The report includes the segmentation of the global false hair products market as follows:

The global false hair products market is segmented on the basis of product type, material, end user, distribution channel, and geography. The false hair products market, based on product type, is segmented into hair extension, hair wig, and hair pieces. Based on material, the false hair products market is bifurcated into human hair and synthetic hair. Based on end user, the market is segmented into men, women, and kids. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. By geography, the global false hair products market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America false hair products market is further segmented into the US, Canada, and Mexico. The Europe false hair products market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The false hair products market in Asia Pacific is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America false hair products market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

Contact Us
 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com