South Korea Hair Wigs And Extensions Market Size & Outlook
The hair wigs and extensions market in South Korea is expected to reach a projected revenue of US$ 569.9 million by 2030. A compound annual growth rate of 9.5% is expected of South Korea hair wigs and extensions market from 2022 to 2030.
Revenue, 2021 (US$M)
$251.3
Forecast, 2030 (US$M)
$569.9
CAGR, 2022 - 2030
9.5%
Report Coverage
South Korea
South Korea hair wigs and extensions market, 2017-2030 (US$M)
Related Markets
South Korea hair wigs and extensions market highlights
- The South Korea hair wigs and extensions market generated a revenue of USD 251.3 million in 2021 and is expected to reach USD 569.9 million by 2030.
- The South Korea 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 251.3 million |
| Market revenue in 2030 | USD 569.9 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, South Korea 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 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.
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Hair Wigs And Extensions Market Scope
Hair wigs and extensions market segmentation & scope
Hair Wigs And Extensions Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea hair wigs and extensions market size, by product, 2017-2030 (US$M)
South Korea Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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