NEW YORK, April 20, 2022 /PRNewswire/ -- The hair wigs and extension market analysis report has been added to Technavio's catalog. The report identifies the market potential growth difference to reach USD 5.26 billion from 2021 to 2026. The market is also anticipated to witness an accelerating growth momentum at a CAGR of 9.82% during the forecast period.

For more insights on the growth variance and YOY growth rate, Have a look at our Report Sample

'One of the primary growth drivers for this market is the technological advances in the production and design of synthetic hair wigs,' says a senior analyst for the consumer staples industry at Technavio. Hair wigs and extension market players across the globe are focusing on arranging funding from stakeholders to provide real-time trial shopping experience to the customers using AI. In addition, The growing prominence of celebrity and social media influencers is one of the key hair wigs and extension market trends that is contributing to the market growth. Furthermore, micro-influencers are increasingly replacing media advertisements as the preferred promotional platform owing to factors such as a highly engaged fanbase, lower price point, higher authenticity, and ease of marketing. This will further proliferate the market growth during the forecast period.

View Market Snapshot  here to know about the impact of various factors influencing the market

Key Hair Wigs and Extension Market Segment Highlights

• The hair wigs and extension market is segmented by product into human hair wigs and extension and synthetic hair wigs and extension.
• Human hair wigs and extension product segment held the largest market share in 2021. The segment will continue to account for the largest share throughout the forecast period.
• Human hair wigs and extensions are highly popular owing to their resemblance to natural hair and better product quality and longevity compared with synthetic hair wigs and extensions.
• Hair from donors in rural areas in these countries is in high demand as the hair obtained is of high quality and largely unexposed to harsh chemicals and colors. Such increasing demand will drive the segment growth during the forecast period.

Regional Analysis

• 43% of the growth will originate from the APAC region.
• Japan, China, and South Korea are the key markets for hair wigs and extension market in APAC.
• The growth of key end-user industries such as the healthcare and entertainment sectors will fuel the hair wigs and extension market growth in APAC over the forecast period.

Know about Report Detailed Analysis and Insights

Vendor Insights:

• The market is fragmented due to the presence of many vendors holding significant market share.
• The research report offers information on several market vendors, including Aderans Co. Ltd., Artnature Inc., Diamond Hair Company LLC, Diva Divine Hair Extensions and Wigs, Donna Bella OpCo LLC, Evergreen Products Group Ltd., F.N. Longlocks, Great Lengths Universal Hair Extensions Srl, Hairlocs, HALOCOUTURE, India Hair International, Indique Hair LLC, Klix Hair Inc., Locks and Bonds, Papillon Hair World, Racoon International Ltd., Shandong AY Hair Products Co. Ltd., Sheen Wigs and Salon, The Gorgeous Hair, and VLCC International LLC
• Aderans Co. Ltd. offers hair wigs and extension products such as Bespoke wig and Medical wig Rafra.

Speak to our Analysts for tailor-made reports on each contributing vendors

Related Reports:

Hair Products Market by Product and Geography - Forecast and Analysis 2021-2025

Hair Spray Market by Product and Geography - Forecast and Analysis 2021-2025

Key Topics Covered

1 Executive Summary

1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ProductExhibit 06: Executive Summary – Chart on Incremental GrowthExhibit 07: Executive Summary – Data Table on Incremental GrowthExhibit 08: Executive Summary – Chart on Vendor Market Positioning2 Market Landscape

2.1 Market ecosystemExhibit 09: Parent marketExhibit 10: Market Characteristics3 Market Sizing

3.1 Market definitionExhibit 11: Offerings of vendors included in the market definition3.2 Market segment analysisExhibit 12: Market segments3.3 Market size 20213.4 Market outlook: Forecast for 2021-2026Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)4 Five Forces Analysis

4.1 Five forces summaryExhibit 17: Five forces analysis - Comparison between 2021 and 20264.2 Bargaining power of buyersExhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 20264.3 Bargaining power of suppliersExhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 20264.4 Threat of new entrantsExhibit 20: Threat of new entrants – Impact of key factors in 2021 and 20264.5 Threat of substitutesExhibit 21: Threat of substitutes – Impact of key factors in 2021 and 20264.6 Threat of rivalryExhibit 22: Threat of rivalry – Impact of key factors in 2021 and 20264.7 Market conditionExhibit 23: Chart on Market condition - Five forces 2021 and 20265 Market Segmentation by Product

5.1 Market segmentsExhibit 24: Chart on Product - Market share 2021-2026 (%)Exhibit 25: Data Table on Product - Market share 2021-2026 (%)5.2 Comparison by ProductExhibit 26: Chart on Comparison by ProductExhibit 27: Data Table on Comparison by Product5.3 Human hair wigs and extension - Market size and forecast 2021-2026Exhibit 28: Chart on Human hair wigs and extension - Market size and forecast 2021-2026 ($ million)Exhibit 29: Data Table on Human hair wigs and extension - Market size and forecast 2021-2026 ($ million)Exhibit 30: Chart on Human hair wigs and extension - Year-over-year growth 2021-2026 (%)Exhibit 31: Data Table on Human hair wigs and extension - Year-over-year growth 2021-2026 (%)5.4 Synthetic hair wigs and extension - Market size and forecast 2021-2026Exhibit 32: Chart on Synthetic hair wigs and extension - Market size and forecast 2021-2026 ($ million)Exhibit 33: Data Table on Synthetic hair wigs and extension - Market size and forecast 2021-2026 ($ million)Exhibit 34: Chart on Synthetic hair wigs and extension - Year-over-year growth 2021-2026 (%)Exhibit 35: Data Table on Synthetic hair wigs and extension - Year-over-year growth 2021-2026 (%)5.5 Market opportunity by ProductExhibit 36: Market opportunity by Product ($ million)6 Customer Landscape

6.1 Customer landscape overviewExhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria7 Geographic Landscape

7.1 Geographic segmentationExhibit 38: Chart on Market share by geography 2021-2026 (%)Exhibit 39: Data Table on Market share by geography 2021-2026 (%)7.2 Geographic comparisonExhibit 40: Chart on Geographic comparisonExhibit 41: Data Table on Geographic comparison7.3 APAC - Market size and forecast 2021-2026Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)7.4 North America - Market size and forecast 2021-2026Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)7.5 Middle East and Africa - Market size and forecast 2021-2026Exhibit 50: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)Exhibit 51: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)Exhibit 52: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)Exhibit 53: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)7.6 Europe - Market size and forecast 2021-2026Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)7.7 South America - Market size and forecast 2021-2026Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)7.8 US - Market size and forecast 2021-2026Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)7.9 Japan - Market size and forecast 2021-2026Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)7.10 China - Market size and forecast 2021-2026Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)7.11 South Africa - Market size and forecast 2021-2026Exhibit 74: Chart on South Africa - Market size and forecast 2021-2026 ($ million)Exhibit 75: Data Table on South Africa - Market size and forecast 2021-2026 ($ million)Exhibit 76: Chart on South Africa - Year-over-year growth 2021-2026 (%)Exhibit 77: Data Table on South Africa - Year-over-year growth 2021-2026 (%)7.12 South Korea - Market size and forecast 2021-2026Exhibit 78: Chart on South Korea - Market size and forecast 2021-2026 ($ million)Exhibit 79: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)Exhibit 80: Chart on South Korea - Year-over-year growth 2021-2026 (%)Exhibit 81: Data Table on South Korea - Year-over-year growth 2021-2026 (%)7.13 Market opportunity by geographyExhibit 82: Market opportunity by geography ($ million)8 Drivers, Challenges, and Trends

8.1 Market drivers8.2 Market challenges8.3 Impact of drivers and challengesExhibit 83: Impact of drivers and challenges in 2021 and 20268.4 Market trends9 Vendor Landscape

9.1 Overview9.2 Vendor landscapeExhibit 84: Overview on Criticality of inputs and Factors of differentiation9.3 Landscape disruptionExhibit 85: Overview on factors of disruption9.4 Industry risksExhibit 86: Impact of key risks on business10 Vendor Analysis

10.1 Vendors coveredExhibit 87: Vendors covered10.2 Market positioning of vendorsExhibit 88: Matrix on vendor position and classification10.3 Aderans Co. Ltd.Exhibit 89: Aderans Co. Ltd. - OverviewExhibit 90: Aderans Co. Ltd. - Product / ServiceExhibit 91: Aderans Co. Ltd. - Key offerings10.4 Artnature Inc.Exhibit 92: Artnature Inc. - OverviewExhibit 93: Artnature Inc. - Business segmentsExhibit 94: Artnature Inc. - Key offeringsExhibit 95: Artnature Inc. - Segment focus10.5 Diamond Hair Company LLCExhibit 96: Diamond Hair Company LLC - OverviewExhibit 97: Diamond Hair Company LLC - Product / ServiceExhibit 98: Diamond Hair Company LLC - Key offerings10.6 Diva Divine Hair Extensions and WigsExhibit 99: Diva Divine Hair Extensions and Wigs - OverviewExhibit 100: Diva Divine Hair Extensions and Wigs - Product / ServiceExhibit 101: Diva Divine Hair Extensions and Wigs - Key offerings10.7 Donna Bella OpCo LLCExhibit 102: Donna Bella OpCo LLC - OverviewExhibit 103: Donna Bella OpCo LLC - Product / ServiceExhibit 104: Donna Bella OpCo LLC - Key offerings10.8 Evergreen Products Group Ltd.Exhibit 105: Evergreen Products Group Ltd. - OverviewExhibit 106: Evergreen Products Group Ltd. - Business segmentsExhibit 107: Evergreen Products Group Ltd. - Key offeringsExhibit 108: Evergreen Products Group Ltd. - Segment focus10.9 F.N. LonglocksExhibit 109: F.N. Longlocks - OverviewExhibit 110: F.N. Longlocks - Product / ServiceExhibit 111: F.N. Longlocks - Key offerings10.10 Great Lengths Universal Hair Extensions SrlExhibit 112: Great Lengths Universal Hair Extensions Srl - OverviewExhibit 113: Great Lengths Universal Hair Extensions Srl - Product / ServiceExhibit 114: Great Lengths Universal Hair Extensions Srl - Key offerings10.11 HairlocsExhibit 115: Hairlocs - OverviewExhibit 116: Hairlocs - Product / ServiceExhibit 117: Hairlocs - Key offerings10.12 India Hair InternationalExhibit 118: India Hair International - OverviewExhibit 119: India Hair International - Product / ServiceExhibit 120: India Hair International - Key offerings11 Appendix

11.1 Scope of the report11.2 Inclusions and exclusions checklistExhibit 121: Inclusions checklistExhibit 122: Exclusions checklist11.3 Currency conversion rates for US$Exhibit 123: Currency conversion rates for US$11.4 Research methodologyExhibit 124: Research methodologyExhibit 125: Validation techniques employed for market sizingExhibit 126: Information sources11.5 List of abbreviationsExhibit 127: List of abbreviations

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected] Website:

SOURCE Technavio

MENAFN20042022003732001241ID1104062929