Global Hair Weave Market to Grow at 5.0% During 2022-2027, Augmented by Rising Instances of Pre-Mature Baldness

August 18, 2021

According to the latest report by IMARC Group, titled “Hair Weave Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global hair weave market reached a value of US$ 2.5 Billion in 2021. A hair weave is an artificial hair extension that is attached to the natural hair of the wearer. It is low maintenance and adds length, volume, texture, and color to the hair. It is mainly utilized by individuals facing issues like hair thinning, patchiness, baldness, or slow hair growth. At present, hair weave is available in a variety of forms, including clip in hair, fusion hair, glue in hair, and sew in hair weave across the globe.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Hair Weave Market Trends:

There is a significant rise in the geriatric population around the world. This, along with increasing incidences of pre-mature baldness, represents one of the key factors catalyzing the demand for hair weaves worldwide. Apart from this, rising consciousness among individuals about physical appearances and the escalating demand for non-surgical hair loss and baldness treatments is positively influencing product sales. Furthermore, manufacturers are introducing natural-looking hair in numerous colors, styles, and textures. This, coupled with the easy availability of hair weaves on e-commerce platforms, is strengthening the market growth. Other major factors, including inflating disposable incomes and the strong influence of ongoing beauty trends on social media platforms, are propelling the market growth. Looking forward, IMARC Group expects the market to expand at a CAGR of 5.0% during the forecast period (2022-2027).

Market Summary:

  • Based on the material, synthetic hair holds the largest market share.
  • On the basis of the distribution channel, offline stores account for the majority of the total market share.
  • Based on gender, the female segment dominates the market.
  • On the basis of the texture, the market has been classified into Brazilian, Malaysian, Indian, Peruvian hair, and others.
  • Based on the grade, the market has been segmented into non-remy, remy, and virgin hair.
  • Region-wise, the market has been categorized into North America (the United States and Canada); Europe (the United Kingdom, Italy, France, Germany, Russia, Spain, and others); Asia Pacific (India, China, Japan, Indonesia, South Korea, Australia, and others); Latin America (Mexico, Brazil, and others); and Middle East and Africa (the United States of Emirates, Saudi Arabia, Iran, Turkey, South Africa, and others)
  • The competitive landscape of the market has been examined, along with the profiles of key players.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Hair Weave Market to Grow at 5.0% During 2022-2027, Augmented by Rising Instances of Pre-Mature Baldness
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