[Latest] Global Hair Extensions Market Size/Share Worth USD 5.89 Billion by 2030 at a 6.3% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, April 20, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Hair Extensions Market Size, Trends and Insights By Type (Synthetic Hair Extension, Human Hair Extension, Animal Hair Extension), By End Use (Professional, Personal), By Fitting Type (Clip-In, Micro Link, Tape-In, Glue-In), By Distribution Channel (Retail Stores, Super Markets, E-Commerce), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” in its research database.

“According to the latest research study, the demand for global Hair Extensions Market Size & share was valued at approximately USD 2.9 Billion in 2022 and is expected to reach USD 3.40 Billion in 2023 and expected to reach a value of around USD 5.89 Billion by 2030, at a compound annual growth rate (CAGR) of about 6.3% during the forecast period 2022 to 2030.”

Mergers and Acquisitions

The hair extensions market is a highly competitive and fragmented market, with a large number of small and medium-sized companies operating globally. Mergers and acquisitions can be a key strategy for companies in this industry to expand their market share, increase their product portfolio, and gain access to new distribution channels.

In recent years, there have been several notable mergers and acquisitions in the hair extensions market. For example, in 2019, L’Oreal acquired the German professional hair extensions brand, Great Lengths. In the same year, Bellami Hair, a leading hair extensions brand, was acquired by the private equity firm, ACON Investments.

Overall, M&A activity in the hair extensions market is expected to continue as companies look to consolidate their positions and gain a competitive advantage in this growing industry.

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Significant Facts:

n 2021, the North American hair extensions market held a substantial share of the overall hair extensions market, and it is anticipated to exhibit significant growth at a CAGR during the forecast period. The growth in this region is attributed to the high usage and adoption of hair extensions among people of all age groups, as they are considered both functional and decorative hair accessories. The United States is the world’s largest importer of hair products, with a significant share of global imports of wigs, fake beards, and similar goods estimated at 53.6% in 2020, according to the Observatory of Economic Complexity (OEC).

The increasing demand for hair styling products, including hair extensions, can be attributed to the growing demand for hair products in urban areas. The rising popularity of hair extensions among people is a direct result of this trend. Furthermore, peer pressure is also an important factor that is contributing to the growth of the hair extensions market, especially among women from affluent backgrounds. These women are often under pressure to conform and be accepted by their peers, and as a result, they tend to compete with each other in terms of physical appearance and fashion, leading to a higher demand for hair extensions and other beauty products.

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The hair extensions market is witnessing various opportunities due to the increasing use of high-end grooming products by consumers. To match their appearance with temporary trends, consumers are using more fashionable and premium grooming products. This trend presents an opportunity for businesses to create cutting-edge hair extensions and other related products. Additionally, the growing demand for multi-colored hair extensions among celebrities and artists is expected to create market expansion opportunities for new artificial hair integrations.

(A free sample of the Hair Extensions report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
• Includes Tables and figures have been updated
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Hair Extensions report has been modified to include the COVID-19 impact study prior to delivery.)

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Report Scope

Key questions answered in this report:

• What is the size of the Hair Extensions market and what is its expected growth rate?
• What are the primary driving factors that push the Hair Extensions market forward?
• What are the Hair Extensions Industry's top companies?
• What are the different categories that the Hair Extensions Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Hair Extensions market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2022−2030
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Limiting Aspects:

The growth of the hair extensions market is being hindered by increasing awareness and concern for hair loss treatment. To address this issue, scientists are developing creative and innovative techniques to regrow or restore lost hair, and people are increasingly using various drugs and anti-hair loss therapies. The demand for hair transplants is also expected to rise, both on the scalp and in non-scalp locations, as people become more conscious of their appearance. Two of the most commonly used drugs for treating hair loss are minoxidil and finasteride.

List of the prominent players in the global Hair Extensions Market:

• Jon Renau
• Hairlocs
• Hairdreams Haarhandels GmbH
• So Cap USA
• Shake-N-Go Inc
• Mayvenn
• Hairlux
• Balmain Hair Couture
• Beauty Industry Group Inc
• The Gorgeous Hair
• Evergreen Products Group Limited
• SalonLabs Exports India Pvt Limited
• Great Lengths S.p.A Societa Benefit
• Perfect Locks LLC
• Locks & Bonds
• Others

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Browse the full “Hair Extensions Market Size, Trends and Insights By Type (Synthetic Hair Extension, Human Hair Extension, Animal Hair Extension), By End Use (Professional, Personal), By Fitting Type (Clip-In, Micro Link, Tape-In, Glue-In), By Distribution Channel (Retail Stores, Super Markets, E-Commerce), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” Report at https://www.custommarketinsights.com/report/hair-extensions-market/

The global Hair Extensions Market is segmented as follows:

Type

• Synthetic Hair Extension
• Human Hair Extension
• Animal Hair Extension

End Use

• Professional
• Personal

Fitting Type

• Clip-In
• Micro Link
• Tape-In
• Glue-In

Distribution Channel

• Retail Stores
• Super Markets
• E-Commerce

Click Here to Access a Free Sample Report of the Global Hair Extensions Market @ https://www.custommarketinsights.com/report/hair-extensions-market/

By Region

North America

• The U.S.
• Canada
• Mexico

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

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• Maximum number of market tables and figures
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• Free 35% or 60 hours of customization.
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This Hair Extensions Market Research/Analysis Report Contains Answers to the following Questions.

• Which Manufacturing Technology is used for Hair Extensions? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Hair Extensions Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Hair Extensions Market? What Was the Capacity, Production Value, Cost and PROFIT of the Hair Extensions Market?
• What Is the Current Market Status of the Hair Extensions Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Hair Extensions Market by Considering Applications and Types?
• What Are Projections of the Global Hair Extensions Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Hair Extensions Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Hair Extensions Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Hair Extensions Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Hair Extensions Industry?

Reasons to Purchase Hair Extensions Market Report

• Hair Extensions Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Hair Extensions Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Hair Extensions Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Hair Extensions Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Click Here to Access a Free Sample Report of the Global Hair Extensions Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=23142

Reasons for the Research Report

• The study provides a thorough overview of the global Hair Extensions market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Hair Extensions market analysis.

• The competitive environment of current and potential participants in the Hair Extensions market is covered in the report, as well as those companies' strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

•  Participants and stakeholders worldwide Hair Extensions market should find this report useful. The research will be useful to all market participants in the Hair Extensions industry.

•  Managers in the Hair Extensions sector are interested in publishing up-to-date and projected data about the worldwide Hair Extensions market.

•  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Hair Extensions products' market trends.

•  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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