Uploaded on Dec 22, 2023
According to a new report published by Allied Market Research, titled, “Hair Extensions Market," The hair extensions market size was valued at $2.9 billion in 2021, and is estimated to reach $6.3 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031.
Hair Extensions Market_
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Hair Extensions Market
According to a new report published by Allied Market Research, titled, “
Hair Extensions Market," The hair extensions market size was valued at $2.9 billion in
2021, and is estimated to reach $6.3 billion by 2031, growing at a CAGR of 8.2% from
2022 to 2031.
The market for hair extensions is mostly driven by the rising hair loss among
individuals. Hair loss is a serious health problem right now. The effects of frantic
lifestyles and inadequate nutrient intake on the human body are negative. Men are
more likely to experience alopecia, a receding hairline, and pattern baldness, whereas
women are more likely to experience hair thinning. In both men and women,
androgenetic alopecia is a common kind of hair loss. During the industrial revolution,
the wealthier male population and officers of particular ranks, such as lawyers and
judges, were frequently seen wearing hair extensions.
The hair extensions market shows high growth potential in Asia-Pacific and LAMEA.
Significant contributors to the growth of the Asia-Pacific market due to an increasing
average annual expenditure on cosmetics and personal care products over the years,
which augments the growth of the market in the region.
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Hair Extensions Market
On the basis of type, the hair extensions market is segmented into synthetic hair
extensions, human hair extensions, and animal hair extensions. The human hair
extensions segment accounted for a major hair extensions market share in market in
2021 and is expected to grow at a significant CAGR during the forecast period. Real
human hair extensions are hair products made of 100% human hair, gathered from 1
donor to groups of donors. The demand for human hair extensions is rising as they
offer the most natural looking appearance and have a long-lasting lifespan.
By fitting type, the hair extensions market is segmented into clip in, micro link, tape in,
and glue in. The clip in segment accounted for a major share in the hair extensions
market in 2021 and is expected to grow at a significant CAGR during the forecast
period. Consumers demanding a quick and easy change of hairstyle is a key factor
increasing the demand for clip-in hair extensions.
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Hair Extensions Market
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Key findings of the study
•By Type, the human hair extensions segment was the highest revenue contributor to
the market in 2021.
•By Fitting Type, the clip in segment was the highest revenue contributor to the
market in 2021.
•By distribution channel, the retail stores segment was the highest revenue contributor
to the market in 2021.
•By end use, the professional segment was the highest revenue contributor to the
market in 2021.
•Region-wise, North America was the highest revenue contributor in 2021.
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Hair Extensions Market
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Frontrunners in the industry-
• Mayvenn, So Cap USA,
• Shake-N-Go, Inc,
• Hairdreams Haarhandels GmbH,
• Beauty Industry Group Inc,
• Jon Renaum, Evergreen Products Group Limited,
• Hairlux, Hairlocs, Balmain Hair Couture,
• SalonLabs Exports India Pvt Limited,
• The Gorgeous Hair,
• Great Lengths S.p.A Societa Benefit,
• Locks & Bonds, and Perfect Locks LLC.
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Hair Extensions Market
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied
Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as
medium and small businesses with unmatched quality of "Market Research Reports" and "Business
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We are in professional corporate relations with various companies and this helps us in digging out market
data that helps us generate accurate research data tables and confirms utmost accuracy in our market
forecasting. Each and every data presented in the reports published by us is extracted through primary
interviews with top officials from leading companies of domain concerned. Our secondary data procurement
methodology includes deep online and offline research and discussion with knowledgeable professionals and
analysts in the industry.
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Hair Extensions Market
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