Market revenue in 2022 | USD 75.0 million |
Market revenue in 2030 | USD 133.0 million |
Growth rate | 7.4% (CAGR from 2022 to 2030) |
Largest segment | Women |
Fastest growing segment | Women |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Men, Women, Infant & Toddlers |
Key market players worldwide | Sam Villa, HairArt, Milano Collection Wigs, Giell, Genesis Display, La Rosa Holdings Corp |
Women was the largest segment with a revenue share of 62.13% in 2022. Horizon Databook has segmented the India mannequin head market based on men, women, infant & toddlers covering the revenue growth of each sub-segment from 2017 to 2030.
The retail sector in India has been experiencing significant growth, driven by factors such as rising disposable incomes, urbanization, and changing consumer preferences. Mannequin heads are crucial tools in retail for displaying items like wigs, hats, sunglasses, and jewelry. They help create attractive product displays that catch the eye of shoppers, thereby boosting sales.
Also, the rising number of malls, boutiques, and stores in the country is driving the demand for mannequin heads. Furthermore, this industry has grown significantly in India, with several new manufacturers entering the market.
Mannequins are a crucial element of retail merchandising, both in displays and inside stores. In addition, several manufacturers are utilizing chrome-plated mannequins and mannequins with sharp features to attract consumers’ attention, thereby driving sales.
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