Hair Accessories Market
Hair Accessories Market Size, Share & Trends Analysis Report by Product (Clips and Pins, Wigs and Extensions Elastics and Ties, Headbands, and Others), by Distribution Channel (Supermarkets and Hypermarkets, General Stores, and Online) Forecast Period (2022-2028)
Hair accessories market is anticipated to grow at a CAGR of 12.0% during the forecast period. The market growth is attributed to a rising preference for fashionable hair accessories and products such as clips, hairbands, and others which gives a trendy look to the hairdo. Furthermore, evolving of new fashion trends, hair styling, and the availability of attractive accessories are expected to drive the market during the forecast period. Glossy and well-groomed hairdos are becoming more crucial in daily routine which enhances the appearance of women. Women are more tend to do experiments with their hair by using different hair accessories to look more attractive which in turn will propel the market growth across the globe.
Additionally, celebrities are also using hair accessories such as hair clips, bands, and others to look different at parties. For instance, in February 2022, celebrity Kerry Washington wore butterfly clips worth $12 to the Oscars after-party which tends to influence women to purchase clips to look attractive, which fuels the hair accessories market.
Segmental Outlook
The global hair accessories market is segmented based on the product and distribution channel, based on the product, the market is bifurcated into clips and pins, wigs and extensions elastics and ties, headbands, and other products. Based on the distribution channel, the market is divided into supermarkets and hypermarkets, general stores, and online. Among these, the elastics and ties segment is expected to hold a considerable share in the market due to the availability of a wide range of products in terms of design, shape, and material.
The elastics and ties segment are always been popular as they are used daily by women to manage their hair. These products will continue to lead the global market due to their easy availability, relatively lower price, and a wide variety. Additionally, due to the rise in the advancement and demand for technology every product is available on the e-commerce platform, which is more convenient for consumers to shop. Thus, companies are adopting online platforms to connect with more consumers. For instance, in January 2022, Claire's launched same-day click-and-collect products from their stores as Claire's innovates its digital offerings to expand its business through its online platform. Consumers can purchase products online and collect them from Claire's stores in UK and US.
Regional Outlooks
The global hair accessories market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a prominent share in the hair accessories market during the forecast period, due to high per capita income and high per capita expenditure on fashion accessories by consumers in the region.
Global Hair Accessories Market Growth, by Region 2022-2028
North America is Expected to Hold a Prominent Share in the Global Hair Accessories Market
Among all regions, North America is expected to hold a prominent share during the forecast period. The presence of hair accessories market players such as L. ERICKSON, Silke London, Invisibobble, and others are accelerating the growth of the hair accessories market. As these market players are inclined toward the adoption of various strategic initiatives such as mergers and acquisitions, product launches, and others. For instance, in March 2019, ACON Investments, L.L.C., a wholly-owned subsidiary of Goody Products, Inc. acquired JD Beauty Co., LLC with an aim to expand its product portfolio of hair accessories, Bio Ionic hair styling tools, hair care tools, and Ouidad hair care treatments. Such strategically adopted steps are major factors propelling regional growth.
Market Players Outlook
The major companies serving the global hair accessories market include Claire’s Stores Inc., H&M Group, Forever 21 Inc, Annie International Inc., Bunzee Bands, LLC, Jennifer Behr LLC,, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2021, Claire’s stores expanded its partnership with Intalytics to include analytics in support of driving new store growth in Europe. With the support of Intalytics, Claire’s will develop customized sales forecasting models that will serve as the foundation for identifying new store deployment opportunities across the region.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hair accessories market. based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Hair Accessories Market by Product
4.1.1. Clips & Pins
4.1.2. Wigs & Extensions
4.1.3. Elastics & Ties
4.1.4. Headbands
4.1.5. Other Products (Hair Rings, Chain, Strings)
4.2. Global Hair Accessories Market by Distribution Channel
4.2.1. Supermarkets & Hypermarkets
4.2.2. General Stores
4.2.3. Online
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Annie International Inc.
6.2. Bunzee Bands, LLC
6.3. Claire’s Stores Inc.
6.4. Creative Findings LLC
6.5. Forever 21 (Aditya Birla Fashion & Retail Ltd.)
6.6. Hair Drama Co.
6.7. H&M Group
6.8. Jennifer Behr LLC
6.9. New Flag GmbH (Invisibobble)
6.10. Riot Custom Accessories (Legend Web Works, LLC)
6.11. SILKE London
6.12. SOQ
6.13. SwirlyCurly, LLC
1. GLOBAL HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL CLIPS & PINS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL WIGS & EXTENSIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ELASTICS & TIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL HEADBANDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL HAIR ACCESSORIES BY OTHER PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
8. GLOBAL HAIR ACCESSORIES BY SUPERMARKETS & HYPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HAIR ACCESSORIES BY GENERAL STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ONLINE HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. NORTH AMERICAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
14. NORTH AMERICAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL , 2021-2028 ($ MILLION)
15. EUROPEAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
17. EUROPEAN HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL , 2021-2028 ($ MILLION)
18. ASIA-PACIFIC HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL , 2021-2028 ($ MILLION)
21. REST OF THE WORLD HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. REST OF THE WORLD HAIR ACCESSORIES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL HAIR ACCESSORIES MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL CLIPS & PINS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL WIGS & EXTENSIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL ELASTICS & TIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL HEADBANDS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL HAIR ACCESSORIES BY OTHER PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL HAIR ACCESSORIES MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
8. GLOBAL HAIR ACCESSORIES BY SUPERMARKETS & HYPERMARKETS MARKET MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL HAIR ACCESSORIES BY GENERAL STORES MARKET MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL ONLINE HAIR ACCESSORIES MARKET MARKET SHARE BY REGION, 2021 sVS 2028 (%)
11. GLOBAL HAIR ACCESSORIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. US HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
14. UK HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
15. FRANCE HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
16. GERMANY HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
17. ITALY HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
18. SPAIN HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
23. SOUTH KOREA HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF ASIA-PACIFIC HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD HAIR ACCESSORIES MARKET SIZE, 2021-2028 ($ MILLION)
