
Asia Pacific Hair Extensions Market
No. of Pages: 65 | Report Code: BMIRE00029725 | Category: Consumer Goods
No. of Pages: 65 | Report Code: BMIRE00029725 | Category: Consumer Goods
The Asia Pacific hair extensions market was valued at US$ 797.67 million in 2023 and is expected to reach US$ 1,285.53 million by 2031; it is estimated to register a CAGR of 6.1% from 2023 to 2031.
The demand for hair extensions in the entertainment and fashion industry is anticipated to grow significantly due to the increasing preference for hair extensions among models and celebrities. The industry is anticipated to grow owing to the surge in the incidence of hair fall among women and men. Also, in terms of revenue, hair extensions are highly adopted in the entertainment and fashion industry owing to rising incidence of alopecia.
The fashion and entertainment industry has become vital for the sale and adoption of hair extensions products. Production and fashion houses stock numerous hair extensions for models and actors since they perform distinguished roles and characters. The upsurge in hair ailments among consumers is also assisting the industry to grow at a uniform pace. The number of individuals suffering from hair fall is increasing rapidly, owing to which several people are choosing hair extensions. Thus, such factors are creating lucrative opportunities for the growth of the Asia Pacific hair extensions market.
The Rest of Asia Pacific hair extensions market is segmented into Singapore, Malaysia, Vietnam, and Taiwan. Consumers in developed economies such as Vietnam, Singapore, and Malaysia have high disposable income. They are moving toward hair extensions products and are also willing to pay higher prices for the same. The increasing demand for hair extensions backed by an improved and luxurious lifestyle is expected to stimulate product demand in the region. The rising demand for suitable hair extensions products in these countries is expected to offer lucrative opportunities to the key players.
Strategic insights for the Asia Pacific Hair Extensions provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 797.67 Million |
Market Size by 2031 | US$ 1,285.53 Million |
Global CAGR (2023 - 2031) | 6.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Hair Extensions refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Asia Pacific hair extensions market is categorized into product type, source, distribution channel, and country.
By product type, the Asia Pacific hair extensions market is segmented into tape-in, fusion and pre-bonded, clip-in, weft, and others. The clip-in segment held the largest share of the Asia Pacific hair extensions market share in 2023.
In terms of source, the Asia Pacific hair extensions market is segmented into human hair and synthetic hair. The synthetic hair segment held a larger share of the Asia Pacific hair extensions market share in 2023.
In terms of distribution channel, the Asia Pacific hair extensions market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest share of the Asia Pacific hair extensions market share in 2023.
Based on country, the Asia Pacific hair extensions market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The Rest of Asia Pacific segment held the largest share of Asia Pacific hair extensions market in 2023.
Cinderellahair Inc, Easihair Pro, Evergreen Products Group Ltd, and Great Lengths SpA are some of the leading companies operating in the Asia Pacific hair extensions market.
The Asia Pacific Hair Extensions Market is valued at US$ 797.67 Million in 2023, it is projected to reach US$ 1,285.53 Million by 2031.
As per our report Asia Pacific Hair Extensions Market, the market size is valued at US$ 797.67 Million in 2023, projecting it to reach US$ 1,285.53 Million by 2031. This translates to a CAGR of approximately 6.1% during the forecast period.
The Asia Pacific Hair Extensions Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Hair Extensions Market report:
The Asia Pacific Hair Extensions Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Hair Extensions Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Hair Extensions Market value chain can benefit from the information contained in a comprehensive market report.