Hair Wig Market - Industry Trends and Forecast to 2029

MarkNtel Advisors, a prominent market research firm, has recently published a report titled Hair Wig Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2029. This study offers an in-depth examination of the industry, encompassing Hair Wig market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

Hair Wig Reports Highlights

What is the size of the Hair Wig Market?

The Hair Wig Market is valued at USD 7.1 billion in 2022 and is estimated to grow at a CAGR of around 8.5% during the forecast period, i.e., 2024-29. The increasing hair-associated problems such as hair thinning, loss of volume, and rising alopecia across the globe are some of the major factors supporting the market growth. As reported by the American Hair Loss Association (AHA), approximately 95% of hair loss cases in men are attributed to androgenetic alopecia.

What do the growth prospects and trends look like in the Hair Wig Industry?

Surging Incidence of Alopecia to Drive Industry Progression – The increasing incidence of alopecia, which is a condition of hair loss, is one of the prime factors driving the demand for hair wigs across the globe. The spike in the number of alopecia cases is due to various reasons, such as medical problems, as this condition could be a result of many medical conditions like androgenetic alopecia, alopecia areata, or due to the side effects of chemotherapy, etc. For instance, as per the American Hair Loss Association, Androgenetic alopecia, commonly known as Male Pattern Baldness (MPB), accounts for approximately 95% of hair loss in men. Moreover, as the incidence of this condition is spreading worldwide, the adoption of wigs is also instigating, further aiding in enhancing the Hair Wig Market growth during the forecast period.

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What Components are encompassed within Hair Wig Market segmentation?

The report has divided the market into the following segments:

By Type

-Human hair

-Synthetic hair

By Cape Type

-Monofilament

-Lace

By Fitting Type

-Clip-in

-Micro Link

-Tape-in

-Glue-in

By Distribution Channel

-Online

-Offline

By End User

-Commercial Users

-Individual Users

By Company

-Revenue Shares

-Competition Characteristics

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

Evergreen Products Group Limited

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Godrej Consumer Products Limited

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Aderans Co., Ltd.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

 ALERIANA Wigs

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Indique Hair

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Artnature Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Ruimei Hair Products

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Shake-N-Go, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

HairUWear

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Paula Young

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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