$ 2.42 Billion growth in Global Hair Wigs and Extension Market 2020-2024 | Rising demand for hair goods as fashion accessories to boost growth | Technavio

NEW YORK, June 7, 2021 /PRNewswire/ — Set to grow by USD 2.42 billion during  2020-2024, Technavio’s latest market research…

NEW YORK, June 7, 2021 /PRNewswire/ — Set to grow by USD 2.42 billion during  2020-2024, Technavio’s latest market research report estimates the hair wigs and extension market to register a CAGR of almost 6%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aderans Co. Ltd., Artnature Inc., Donna Bella OpCo LLC, Evergreen Products Group Ltd., Godrej Consumer Products Ltd., Great Lengths Universal Hair Extensions Srl, Klix Hair Inc., Rebecca Hair Products Co. Ltd., Shake-N-Go Inc., and Shandong AY Hair Products Co. Ltd. are some of the major market participants. The growing demand for hair goods as fashion accessories will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Hair Wigs and Extension Market 2020-2024: Segmentation

Hair Wigs and Extension Market is segmented as below:

  • Product
    • Human Hair Wigs and Extension
    • Synthetic Hair Wigs and Extension
  • Geography
    • APAC
    • North America
    • MEA
    • Europe
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43605

Hair Wigs and Extension Market 2020-2024: Vendor Analysis and Scope

To help businesses improve their market position, the hair wigs and extension market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Aderans Co. Ltd., Artnature Inc., Donna Bella OpCo LLC, Evergreen Products Group Ltd., Godrej Consumer Products Ltd., Great Lengths Universal Hair Extensions Srl, Klix Hair Inc., Rebecca Hair Products Co. Ltd., Shake-N-Go Inc., and Shandong AY Hair Products Co. Ltd.

The report also covers the following areas:

  • Hair Wigs and Extension Market size
  • Hair Wigs and Extension Market trends
  • Hair Wigs and Extension Market industry analysis

Technological advances in the production and design of synthetic hair wigs is likely to emerge as one of the primary drivers of the market. However, the high labor costs of handwoven wigs may threaten the growth of the market.

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Hair Wigs and Extension Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist hair wigs and extension market growth during the next five years
  • Estimation of the hair wigs and extension market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hair wigs and extension market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hair wigs and extension market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Human hair wigs and extension – Market size and forecast 2019-2024
  • Synthetic hair wigs and extension – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aderans Co. Ltd.
  • Artnature Inc.
  • Donna Bella OpCo LLC
  • Evergreen Products Group Ltd.
  • Godrej Consumer Products Ltd.
  • Great Lengths Universal Hair Extensions Srl
  • Klix Hair Inc.
  • Rebecca Hair Products Co. Ltd.
  • Shake-N-Go Inc.
  • Shandong AY Hair Products Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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