China Hair Wigs And Extensions Market Size & Outlook
China hair wigs and extensions market, 2017-2030 (US$M)
Related Markets
China hair wigs and extensions market highlights
- The China hair wigs and extensions market generated a revenue of USD 439.2 million in 2021 and is expected to reach USD 992.0 million by 2030.
- The China market is expected to grow at a CAGR of 9.5% 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 439.2 million |
| Market revenue in 2030 | USD 992.0 million |
| Growth rate | 9.5% (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, China accounted for 7.2% 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 Asia Pacific, China hair wigs and extensions market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 976.3 million by 2030.
Wigs was the largest segment with a revenue share of 75.25% in 2021. Horizon Databook has segmented the China hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
Wigs in China find extensive use in entertainment industries like cosplay, theater, and movies for authentic character representation. The market for hair wigs and extensions is driven by numerous other factors, such as rising disposable incomes and growing fashion awareness among consumers. The market has also been fueled by the convenience of online shopping through e-commerce platforms, facilitating the accessibility and purchase of wigs and extensions.
These platforms present small businesses with enticing opportunities to showcase their products. By bringing together multiple sellers, the platforms create a one-stop-shop destination, making it easier for consumers to discover and purchase wigs and extensions of their choice.
The drop shipping program offers companies a hassle-free way to venture into the hair industry, build a brand, and promptly create a business. Dropshipping is a B2B solution that allows wholesalers to directly ship their products to the customers under the name of the drop shipping partner. XBL Hair’s product portfolio includes top-tier Indian Hair, virgin hair, Peruvian Hair, Brazilian hair, and Cambodian Hair.
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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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China hair wigs and extensions market size, by product, 2017-2030 (US$M)
China Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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