Salute e Benessere
Hair Extension Market to be dominated by North America and expected to reach 5.89 Bn by 2030- Says Stellar Market Research
The global hair extension market is competitive with several players including Great Lengths ( Italy ), Balmain Hair Couture ( France ), Hairdreams ( Austria ), Bellami Hair ( USA ), Luxy Hair ( Canada ), Easihair Pro ( USA ), Socap USA ( USA ), Cinderella Hair (UK), Donna Bella Hair ( USA ) among others.
Human hair extensions crafted from 100% genuine hair seamlessly blend with natural hair creating an authentic appearance that resonates with consumers. Human hair extensions can be heat-styled, dyed, and treated just like natural hair, adding to their popularity. For instance, the superior quality of Remy hair extensions is widely recognized, as they keep the hair's natural cuticle direction intact, reducing tangling and extending their lifespan. Based on SMR analysis, about 60% of customers prefer human hair extensions over synthetic options due to their preference for a more authentic appearance and texture. Human hair extensions last 6 to 12 months with proper care, while synthetic extensions only last 1 to 3 months. This longer lifespan makes human hair extensions a better value for money, leading to repeat purchases from customers. Additionally, manufacturing advances have increased the options and availability of human hair extensions, such as clip-ins, tape-ins, and fusion extensions, to cater to a diverse range of user preferences and application techniques. The sustained success of the Human Hair Extension Segment within the hair extension market is being driven by the growing emphasis on aesthetics and self-care, and is expected to continue in the future.
The hair extension market in the Asia Pacific region is rapidly growing, driven by the rising disposable income of the middle-class population in countries like China , India , and Japan . This increase in income leads to higher spending on beauty and personal care products. SMR analysis shows that annual spending on beauty products in China has grown by 12% from 2018 to 2022. Additionally, the strong manufacturing sector in countries such as China and India lower production costs, making hair extensions more affordable and accessible. China is the site to more than 70% of the global hair extension manufacturers, ensuring a steady supply of products. In India there is a significant market for trendy hair products as more than 50% of the population is under 25 years old. The growth of salons and beauty parlours offering hair extension services also contributes to the growth of the market. The cultural acceptance of hair extensions, combined with economic and social factors, positions the Asia Pacific region as the fastest-growing for hair extensions market in the forecast period.
The hair extensions industry has flourished in response to the growing demand for hair solutions. Individuals experiencing hair loss conditions such as alopecia or thinning hair are primary consumers. This market offers a diverse range of products to cater to different styles, textures, and lengths, ensuring inclusivity for men, women, and children. Social media platforms and celebrity influence have significantly boosted the market's growth, normalizing the use of extensions as beauty and style accessories. Retail and online channels provide convenient access to a wide array of products and accessories, including specialized tools for easy application and maintenance.
The Market size was valued at USD 4.78 Bn . in 2023 and is expected to reach
USD 6.59 Bn by 2030, at a CAGR of 4.7%.
The Market was valued at USD 96.77 billion in 2023. The global Hair Care Market size is estimated to grow at a CAGR of 5.68 % over the forecast period.
The Market size was valued at USD 160.2 Mn . in 2023 and the total Global Heatless Hair Curler Market revenue is expected to grow at a CAGR of 5.3% from 2024 to 2030, reaching nearly USD 229.96 Mn . by 2030.
The Market size was valued at USD 2.32 Bn . in 2023. The total Hair Color Spray Market revenue is expected to grow by 5.8% from 2024 to 2030, reaching nearly USD 3.44 Bn .
The Market size was valued at USD 1.47 Bn . in 2023. The total Hair Loss Supplements Market revenue is expected to grow by 11.2% from 2024 to 2030, reaching nearly USD 3.1 Bn .
The Market size was valued at USD 9.6 Bn . in 2023 and is expected to reach USD 13.60 Bn . by 2030, at a CAGR of 5.1%.
The Market size was valued at USD 6.41 Bn . in 2023 and the total Global Clean Beauty revenue is expected to grow at a CAGR of 13.8 % from 2024 to 2030, reaching nearly USD 9.92 Bn . by 2030.
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.
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