UK Hair Wigs And Extensions Market Size & Outlook
UK hair wigs and extensions market, 2017-2030 (US$M)
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UK hair wigs and extensions market highlights
- The UK hair wigs and extensions market generated a revenue of USD 342.3 million in 2021 and is expected to reach USD 694.2 million by 2030.
- The UK market is expected to grow at a CAGR of 8.2% 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 342.3 million |
| Market revenue in 2030 | USD 694.2 million |
| Growth rate | 8.2% (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, UK accounted for 5.6% 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 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 74.5% in 2021. Horizon Databook has segmented the UK hair wigs and extensions market based on wigs, extensions covering the revenue growth of each sub-segment from 2017 to 2030.
The rising incidence of hair loss among men and women across the U.K. has driven the demand for hair wigs and extensions. The growing acceptance of false hair to restore self-confidence has significantly contributed to the wigs and extensions market in the country. The market is also fueled by the rising influence of celebrity hairstyles and fashion trends.
A wide range of wigs and hair extensions are available in the U.K. through departmental stores and supermarket chains, and this makes it extremely convenient for consumers to purchase the right product based on their needs and preferences.
Many retailers are diversifying their product offerings and introducing new sections dedicated to hair wigs and extensions to better serve the expanding consumer base. For instance, in June 2023, Selfridges, a popular department store in the U.K., launched its first of its kind hair care hall that consists of exclusive hair care products and services like covering clips, claws, barrettes, scrunchies, slides, and beaded wigs.
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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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UK hair wigs and extensions market size, by product, 2017-2030 (US$M)
UK Hair Wigs And Extensions Market Outlook Share, 2021 & 2030 (US$M)
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