Global Hair Wigs And Extensions Market Size & Outlook
Global hair wigs and extensions market, 2017-2030 (US$M)
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Global hair wigs and extensions market highlights
- The global hair wigs and extensions market generated a revenue of USD 6,133.5 million in 2021 and is expected to reach USD 12,272.4 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 8% by 2030.
- In terms of segment, wigs accounted for a revenue of USD 4,615.4 million in 2021.
- Extensions is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 6,133.5 million |
| Market revenue in 2030 | USD 12,272.4 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | Wigs |
| Fastest growing segment | Extensions |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wigs, Extensions |
Other key industry trends
- In terms of revenue, the North America accounted for 40.9% of the global hair wigs and extensions market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 3,995.4 million by 2030.
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Hair Wigs And Extensions Market Scope
Hair Wigs And Extensions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global hair wigs and extensions market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hair wigs and extensions market will help companies and investors design strategic landscapes.
wigs was the largest segment with a revenue share of 75.25% in 2021. Horizon Databook has segmented the Global hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
Market Dynamics
Hair loss is a widespread issue affecting both men and women globally. The rising prevalence of hair related conditions, such as alopecia, is a major driver behind the growth of the hair wigs industry. According to a study by the National Library of Medicine in April 2020, around 70,000 individuals in the U.S. suffer from alopecia areata, with women accounting for half of those cases. The below-stated table highlights the important findings from a global research survey conducted by Medihair in 2023, one of the largest platforms that provides information about proven hair loss treatments.
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Our clientele includes a mix of hair wigs and extensions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hair wigs and extensions market , including forecasts for subscribers. This global databook contains high-level insights into Global hair wigs and extensions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global hair wigs and extensions market statistics, by region, 2017-2030 (US$M)
Top 10 countries by Hair Wigs And Extensions Market revenue, 2021 (USD Million)
Top 10 countries by Hair Wigs And Extensions Market revenue, 2021 (USD Million)
Global hair wigs and extensions market, by region, 2021 (US$M)
Related regional statistics
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