According to a new report, published by KBV research, The Global Hair Wigs And Extensions Market size is expected to reach $9.6 billion by 2028, rising at a market growth of 8.2% CAGR during the forecast period.
The Wigs market acquired the highest revenue share in the Global Hair Wigs And Extensions Market by Product in 2021, thereby, achieving a market value of $7.5 billion by 2028. The segment's growth is attributed to wigs' rising popularity and widespread consumer usage. Wigs are mostly worn to conceal baldness or to alter hairstyles.
The Synthetic Hair market is showcasing a CAGR of 8.9% during (2022 - 2028). Using different retail and online distribution channels, numerous brands in these areas provide these items. These labels comprise RENE OF PARIS, JON RENAU COLLECTION, and Ellen Wille, among others. Along with the expansion of the world economy, the segment's rise is also attributable to the rising per capita disposable income.
The North America market dominated the Global Hair Wigs And Extensions Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.6 Billion by 2028. The Europe market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 8.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/hair-wigs-and-extensions-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Evergreen Products Group Ltd., Artnature, Inc., Godrej Consumer Products Ltd. (Godrej Group), Aderans Company Limited, Donna Bella Hair, F.N. Longlocks, Aleriana Wigs, Klix Hair, Inc., Indique, and Shake-N-Go, Inc.
By Product
By Hair Type
By Geography
Companies Profiled