Germany Hair Wigs And Extensions Market Size & Outlook
Germany hair wigs and extensions market, 2017-2030 (US$M)
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Germany hair wigs and extensions market highlights
- The Germany hair wigs and extensions market generated a revenue of USD 253.0 million in 2021 and is expected to reach USD 485.8 million by 2030.
- The Germany 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.
Hair wigs and extensions market data book summary
| Market revenue in 2021 | USD 253.0 million |
| Market revenue in 2030 | USD 485.8 million |
| Growth rate | 7.5% (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, Germany accounted for 4.1% 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 Europe, UK hair wigs and extensions market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 694.2 million by 2030.
Wigs was the largest segment with a revenue share of 74.27% in 2021. Horizon Databook has segmented the Germany hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
Growing consciousness among the country’s population about maintaining their hair and improving their aesthetic appeal is a major factor driving the uptake of hair wigs and extensions. This consciousness is further influenced by the rising number of fashion websites and blogs, like Engelhorn, Fair Fashion Blog, Journelles, Kleidermaedchen, and Fashion Landscape, which promote the latest hair and beauty trends.
As fashion trends and selfexpression become more important to individuals, the demand for wigs as a fashion accessory has increased. This has also encouraged market players in Germany to diversify their product offerings. Hamburg-based DENING HAIR GmbH is an importer and wholesale trader of alternative hair.
Its product offerings offered under brands like BELLE MADAME and MANAGER TOP include high-quality human hair wigs and extensions, synthetic wigs, lace front wigs, clip-in extensions, and custom-made wigs. Its comfortable hair solutions can be used for fashion, medical reasons, or personal styling preferences.
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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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Germany hair wigs and extensions market size, by product, 2017-2030 (US$M)
Germany Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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