Canada Hair Wigs And Extensions Market Size & Outlook
Canada hair wigs and extensions market, 2017-2030 (US$M)
Related Markets
Canada hair wigs and extensions market highlights
- The Canada hair wigs and extensions market generated a revenue of USD 129.0 million in 2021 and is expected to reach USD 266.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.4% from 2022 to 2030.
- In terms of segment, wigs was the largest revenue generating product in 2021.
- Extensions is the most lucrative product segment registering the fastest growth during the forecast period.
Hair wigs and extensions market data book summary
| Market revenue in 2021 | USD 129.0 million |
| Market revenue in 2030 | USD 266.6 million |
| Growth rate | 8.4% (CAGR from 2021 to 2030) |
| Largest segment | Wigs |
| Fastest growing segment | Extensions |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wigs, Extensions |
| Key market players worldwide | Godrej, Evergreen Products Group Ltd ADR, Artnature, Dona Bela Shreds, Indique Hair, Shake-N-Go |
Other key industry trends
- In terms of revenue, Canada accounted for 2.1% of the global hair wigs and extensions market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hair wigs and extensions market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 266.6 million by 2030.
Wigs was the largest segment with a revenue share of 76.36% in 2021. Horizon Databook has segmented the Canada hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
Hair loss is a relatively common issue in Canada, as it is in many parts of the world. The prevalence of hair loss can vary depending on factors such as age, gender, genetics, and overall health. Factors contributing to hair loss include stress, nutritional deficiencies, certain medical conditions, and lifestyle choices.
The statistics below highlight the emotional and psychological impact of hair loss on individuals and the importance of addressing it through effective treatments and support. Market players in Canada are providing consumers with comprehensive one-stop solutions for hair wigs and extensions through online and offline channels.
This helps streamline the shopping experience and meet customers' demands efficiently, ensuring convenience and satisfaction for Canadian consumers. For instance, Canada Hair is a hair extension and hair care online retailer based in Canada. It offers a wide range of high-quality hair care items, including wigs in a variety of styles and colors.
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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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Canada hair wigs and extensions market size, by product, 2017-2030 (US$M)
Canada Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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