Europe Hair Wigs And Extensions Market Size & Outlook
Europe hair wigs and extensions market, 2017-2030 (US$M)
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Europe hair wigs and extensions market highlights
- The Europe hair wigs and extensions market generated a revenue of USD 1,376.2 million in 2021.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 1,376.2 million |
| Market revenue in 2030 | USD 2,627.5 million |
| Growth rate | 7.5% (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 |
| 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, Europe region accounted for 22.4% of the global hair wigs and extensions market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,552.9 million by 2030.
Wigs was the largest segment with a revenue share of 74.18% in 2021. Horizon Databook has segmented the Europe hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for hair wigs and extensions in Europe is driven by numerous factors. One significant driver is fashion and self-expression, as wigs allow individuals to easily experiment with different hairstyles, colors, and lengths without committing to permanent changes.
The demand for wigs is also driven by a large aging population in the region. Many people opt for hair wigs to address age-related hair thinning or loss and restore their confidence and youthful appearance. Growing hair concerns offer players lucrative opportunities in the European hair wig and extension market. Capitalizing on these trends allows them to access a diverse and substantial consumer base.
Some international companies offering hair wigs and extensions in Europe are New Times Hair, a B2B hairpiece portal based in China and hairpiece factory that sells wigs and toupees in Western Europe and North & South America.
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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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Europe hair wigs and extensions market size, by country, 2017-2030 (US$M)
Europe Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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