The global hair extensions market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. The rising trend for using stylish hair products as per occasional need drives the growth of the global hair extension market during the forecast period. This creates an opportunity for the companies to manufacture more hair extensions and wigs which led to the growth of the global hair extensions market. For instance, in March 2022, Luxy Hair launched its first-ever line of gray hair extensions. Designed to empower women to embrace their grays. Additionally, in 2019, a hair extension startup has been launched, Insert Name Here (INH). The Los Angeles-based company sells wigs, extensions, and clip-on bangs and buns. However, some people suffer from discomfort and headache from heavy wigs which decline the growth of the global hair extensions market.
Impact of COVID-19 Pandemic on Global Hair Extensions Market
During COVID-19 there was a complete shutdown due to government strict rules and regulations to stop the spread of the virus due to which the global hair extension market witnessed negative growth. The demand for hair extensions decreased during the COVID-19. People were staying home and there was no need for the hair extensions which declined the growth of the hair extension market across the globe during the COVID-19.
Segmental Outlook
The global hair extensions market is segmented based on hair type, application, and distribution channel. Based on the hair type, the market is segmented into human hair, animal hair, and synthetic hair. Based on the application segment, the market is sub-segmented into the fusion & pre-bonded, tap-in, and clip-in. Based on the distribution channel, the market is sub-segmented into online and offline. Among the hair type segment, the human hair sub-segment is expected to hold a considerable share in the hair extension market across the globe. Furthermore, clip-in hair extensions are expected to grow faster in the global hair extension market during the forecast period.
Global Hair Extensions Market Share by Hair Type, 2021 (%)
The Human Hair Sub-Segment is Expected to Hold a Prominent Share in the Global Hair Extensions Market
The human hair sub-segment is expected to hold a prominent share in the global hair extensions market during the forecast period. The demand for human hair extensions is increasing due to their ability to blend with consumer hair which led to the growth of the hair extension market across the globe. A human hair extension gives a real hair look and does not look like an artificial wig which attracts people to use human extensions. For instance, in May 2020, Hairlaya, the leading provider of 100% Remy human hair extensions launched double-drawn hair extensions in 19 new colors.
Regional Outlooks
The global hair extensions 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. Among these, the Asia-Pacific region is expected to hold a prominent share in the global hair extension market during the forecast period. Furthermore, the North American region is expected to be the fastest-growing region in the global hair extension market.
Global Hair Extensions Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Hair Extensions Market
The Asia-Pacific region is expected to hold a prominent share in the growth of the global hair extensions market during the forecast period due to rising air pollution people faced hair fall and hair damage issues which led to the growth of the hair extension market in this region. The rising cases of hair fall among people, increase the production of hair extensions and wigs. Many companies are raising funds to expand their business and product portfolio which also contributes to the growth of the hair extensions market across the globe. For instance, in January 2022, Hair Originals throttle a pan India expansion after receiving funding in a business reality series, 'Shark Tank India'. Hair Originals deals in hair extensions and wigs made from ethically acquired real human hair which in turn empowers women from tier 2 tier 3 cities who work in this segment. The hair extension and wigs platform has raised 60L at the show. The funding also is deployed for an AI integration that can support AR/VR capabilities and provide a real-time trial experience.
Market Players Outlook
The major companies serving the global hair extensions market include Great Lengths S.p.A Società Benefit, Hairdreams Haarhandels GmbH, Hair Visions International, His & Her Hair Goods Co, Donna Bella Hair, 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 October 2021, ethical face AI enablement company AlgoFace partnered with hair extension brand Luxy Hair and launched the first artificial intelligence color match tool for hair extensions. The Virtual Color Match Tool takes the guesswork out of shopping for hair extensions, making the experience simple, seamless, and personalized.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Hair extension Market
• Recovery Scenario of Global Hair extension Market
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
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Hair extension Market by Hair Type
4.1.1. Human Hair
4.1.2. Animal Hair
4.1.3. Synthetic Hair
4.2. Global Hair extension Market by Application
4.2.1. Fusion & Pre-bonded
4.2.2. Tap-in
4.2.3. Clip-in
4.3. Global Hair extension Market by Distribution Channel
4.3.1. Online
4.3.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. US
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. Aderans Co., Ltd.
6.2. BALMAIN SAS
6.3. BELLAMI Hair
6.4. Donna Bella Hair
6.5. Godrej Consumer Products LTD.
6.6. Great Lengths S.p.A Società Benefit
6.7. Hairdreams Haarhandels GmbH
6.8. Hairlocs
6.9. Hair Visions International
6.10. His & Her Hair Goods Co.
6.11. KLIX HAIR, INC.
6.12. Locks & Bonds
6.13. Viva Femina, Inc.
1. GLOBAL HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY HAIR TYPE, 2021-2028 ($ MILLION)
2. GLOBAL HUMAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ANIMAL HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SYNTHETIC HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL HAIR EXTENSION IN FUSION & PRE-BONDED MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HAIR EXTENSION IN TAP-IN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL HAIR EXTENSION IN CLIP-IN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
10. GLOBAL ONLINE HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL OFFLINE HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY HAIR TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
17. EUROPEAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY HAIR TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. EUROPEAN HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY HAIR TYPE, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
25. REST OF THE WORLD HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY HAIR TYPE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. REST OF THE WORLD HAIR EXTENSION MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNELS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HAIR EXTENSION MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HAIR EXTENSION MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL HAIR EXTENSION MARKET, 2022-2028 (%)
4. GLOBAL HAIR EXTENSION MARKET SHARE BY HAIR TYPE, 2021 VS 2028 (%)
5. GLOBAL HUMAN HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ANIMAL HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SYNTHETIC HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL HAIR EXTENSION MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL HAIR EXTENSION IN FUSION & PRE-BONDED MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL HAIR EXTENSION IN TAP-IN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL HAIR EXTENSION IN CLIP-IN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL HAIR EXTENSION MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
13. GLOBAL ONLINE HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL OFFLINE HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL HAIR EXTENSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
18. UK HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD HAIR EXTENSION MARKET SIZE, 2021-2028 ($ MILLION)