Hair Extension Market Size is exected to reach US$ ,92913 Mn by 2028 – FESCH.TV

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Rise in Adoption of Self-Grooming Products to Escalate Hair Extensions Market Growth during 2021–2028

According to our latest market study on “Hair Extensions Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Tape-in, Fusion and Pre-Bonded, Clip-in, and Others), Source (Human Hair and Synthetic), and End User (Men and Women),” the market was valued at US$ 3,561.76 million in 2020 and is projected to reach US$ 4,929.13 million by 2028; it is expected to grow at a CAGR of 4.1% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

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Hair extensions are used to add volume, increase length, or enhance the visual appearance of natural hair. With the increase in per capita disposable income among the middle-class population, their shopping behavior and living standards are changing rapidly. The fashion and entertainment industry has become vital for hair extension products both in terms of revenue and adoption.

Surging demand for hair extensions propels the adoption of self-grooming products. Rise in disposable income and the need to enhance physical appearance among consumers are propelling the demand for self-grooming products such as hair extensions and wigs. The improvement in quality of life, the positive effects of personal care on self-esteem and social interaction, and the gradual consumer shift toward luxury and premium self-grooming products are a few factors that are likely to propel the market growth during the forecast period. Moreover, the surge in per capita disposable incomes has augmented discretionary spending, which has boded well for hair extension manufacturers. Rising incidence of hair fall among the global populace and increasing popularity of beauty products and personal grooming are other factors likely to influence the market growth.

Great Lengths Universal Hair Extensions S.p.A.; Balmain Paris Hair Couture; easihair pro; Klix Hair Extensions; Locks & Bonds; Anhui Jinruixiang Hair Products Co., Ltd.; Evergreen Product Group Limited; SO.CAP.USA; Cinderella Hair Extension; and Barclaywolf Hair Extensions are among the well-established players operating in the hair extensions market.







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