India Hair Wigs And Extensions Market Size & Outlook
India hair wigs and extensions market, 2017-2030 (US$M)
Related Markets
India hair wigs and extensions market highlights
- The India hair wigs and extensions market generated a revenue of USD 219.1 million in 2021 and is expected to reach USD 478.9 million by 2030.
- The India market is expected to grow at a CAGR of 9.1% 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 219.1 million |
| Market revenue in 2030 | USD 478.9 million |
| Growth rate | 9.1% (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, India accounted for 3.6% 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 74.94% in 2021. Horizon Databook has segmented the India hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
In India, long and luscious hairstyles hold great significance, making hair wigs and extensions a popular choice for those looking to enhance their natural hair or experiment with different looks. Market players in India are offering a diverse range of products that cater to the specific needs and preferences of Indian consumers.
They are laying more emphasis on product affordability to attract a larger consumer base in the country. For instance, Diva Divine, an Indian retailer of premium-quality hair wigs and extensions, launched its new range of budget-friendly products in July 2022. The new line includes human hair wigs, toppers, clip-in extensions, and other hair accessories in various shapes and sizes.
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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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India hair wigs and extensions market size, by product, 2017-2030 (US$M)
India Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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