Human Hair Extension Market Size, Scope, and Forecast

Our market analysis of human hair extensions looks at the current status and the industry's potential from the viewpoints of the industry's rivals, geographies, goods, and final Processes.

This report, which further examines the players involved in the international and essential regions, divides the global market for human hair extensions into segments depending on the product and implementation sectors. This study contains the complete competitive analysis for human hair extensions. The market estimations in the Human Hair Extension study were created using extensive exploratory sources, direct interviewing, and independent expert evaluations.

These market estimations were determined by looking into the influences of multiple social, cultural, and political conditions and the existing market trends on expanding the market for human hair extensions.

Important Players Included in the Industry Report on Human Hair Extensions

Including the industry trends that cover trade patterns, the research also contains Porter's Five Forces assessment, which describes the five factors: consumer bargaining strength, supplier negotiating power, the danger of alternative products, and intensity of competition.

The report also offers in-depth information about the COVID-19 environment and its impact on the market with a high judgment call.

Hairdreams
Balmain
Great Lengths
Donna Bella Hair
Hair loss
Klix Hair Extensions,
Locks & Bonds
Viva Femina
Godrej Consumer Products Limited
Shengtai Group

Market Dynamics for Human Hair Extensions

Regarding Hair Type

• Human Hair

The global human hair extension market is expected to grow at a CAGR of 4.5% from 2018 to 2023. The market is driven by the increasing demand for human hair extensions in the global beauty industry.

• Animal Hair

The global human hair extension market is expected to grow at a CAGR of 6.2% during the forecast period.

The market is driven by increasing demand for natural and organic products, rising awareness about hair extensions, and growing demand for hair extensions among women in the Asia Pacific. The global human hair extension market is segmented based on type, end-user, and region. Based on type, it is classified into synthetic hair and animal hair. Synthetic hair accounted for a significant share in the global human hair extension market in 2017, owing to its low cost and easy availability.

Due to its high cost and limited availability, animal hair accounted for a minor share in the global human hair extension market.

• Synthetic Hair

Synthetic hair is a type of hair that is made from synthetic fibers. It is used in the manufacturing of wigs, hairpieces, and extensions.

Synthetic hair can be made from nylon, polyester, and rayon. The global human hair extension market was valued at $2.5 billion in 2017 and is expected to reach $3.6 billion by 2023, growing at a CAGR of 4%. The demand for synthetic hair has been growing steadily over the past few years due to its low cost and ease of use.

In Regards to Application

• Fusion & Pre-bonded

The global human hair extension market is expected to grow at a CAGR of 6.2% during the forecast period.

The global human hair extension market is segmented based on type, application, and region. Based on type, it is classified into fusion & pre-bonded. Based on application, it is classified into wigs & weaves, and other applications.

Based on region, it is classified into North America (NA), Europe (EU), Asia Pacific (APAC), Latin America (LA), Middle East & Africa (MEA).

• Tap-in

The global human hair extension market is expected to grow at a CAGR of 4.5% from 2018 to 2023.

The market is driven by the increasing demand for extensions in the fashion industry, which has increased the number of salons and beauty parlors offering extension services. Tap-in is an extension that can be applied with a tap-in tool and does not require any heat or chemicals. It is made from 100% human hair and can be styled with heat tools like curling irons, flat irons, and blow dryers.

• Clip-in

Clip-in hair extensions are the most popular type of hair extension. They are easy to use and can be applied in minutes. Clip-in hair extensions are made from synthetic or human hair.

The most popular type is made from synthetic hair, which is cheaper than human hair and easier to maintain. You can buy it from online stores like JuvaBun and try it yourself. The global clip-in market is expected to grow at a CAGR of 4% during the forecast period, reaching $2 billion by 2023.

In Regards to Distribution Channel

• Non-Store Based

The global human hair extension market is expected to grow at a CAGR of 4.5% during the forecast period. The market is driven by increasing demand for natural hair, rising awareness about the benefits of human hair extensions, and an increasing number of women opting for long hairstyles.

The global human hair extension market is segmented based on type, distribution channel, and region. Based on type, it is classified into clip-in extensions, weft extensions, and pre-bonded extensions. Based on distribution channels, it is classified into non-store-based and store-based. Non-store-based includes online stores and mobile apps, whereas store-based include salons and beauty parlors.

• Store-Based

The global human hair extension market is expected to grow at a CAGR of 4.5% during the forecast period.

The market is driven by increasing demand for natural hair, rising awareness about the benefits of human hair extensions, and an increasing number of salons and beauty parlors. The store-based distribution channel accounted for the largest share in 2017, followed by online distribution channels. The store-based distribution channel like JuvaBun is expected to continue their dominance in the coming years owing to their high penetration rate and availability of products in stores.