Global Hair Accessories Market Report 2022
Key players in the hair accessories market are Hairline Illusions LLC, Henry Margu, Goody Products Inc., Diana Enterprise Inc, Conair Corporation, JD Beauty, Motown Tress, Hennes & Mauritz AB, Forever 21, Fromm International, Annie International Inc, Silke London. Ltd, Hair Drama Company, Bunzee Bands, Riot Accessories Ltd.
New York, Oct. 19, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Hair Accessories Global Market Report 2022” – https://www.reportlinker.com/p06351352/?utm_source=GNW
SwirlyCurly Hair, SOQ Jewelry, Creative Findings, Good Hair Days, Jennifer Behr, Lele Sadoughi, PuffCuff LLC, Hairline Illusions and LATADA.
The global hair accessories market is expected to grow from $19.06 billion in 2021 to $21.99 billion in 2022 at a compound annual growth rate (CAGR) of 15.4%. The hair accessories market is expected to reach $35.41 billion in 2026 with a CAGR of 12.7%.
The hair accessories market consists of the sale of hair accessories by entities (organizations, independent traders and distributors) used to decorate hairstyles. Hair accessories are objects that are wrapped, inserted, affixed or tied to the hair.
Women are the main users of hair accessories all over the world. Hair accessories come in a variety of materials, shapes and sizes.
Some hair accessories are better for removing bangs from the face, while others are better for keeping haircuts in place. The ornaments and materials used to make hair ornaments have been used to reflect the level of fashion, social class, religion, and age group throughout history.
Major product types in the hair accessories market include clips and pins, headbands, wigs and extensions, rubber bands and ties, and others. Clips and pins of hair accessories are used to hold or fasten hair and to keep the hairstyle perfectly fixed for a long time.
They are usually made from plastic and metal and are designed to fix the hair without pulling or breaking it. Hair clips are useful items for everyday use, whether for utility or aesthetics.
The different distribution channels include hypermarkets and supermarkets, general stores, e-commerce or e-commerce, and are used in personal applications and business applications.
North America was the largest hair accessories market region in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in the Hair Accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Hair Accessories research report is one of a series of new reports that provides Hair Accessories statistics, including the global Hair Accessories industry market size, regional shares, competitors with a Hair Accessories share, detailed Hair Accessories segments, market trends and opportunities, and any other data you may need to thrive in the Hair Accessories industry. This Hair Accessories Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of current and future industry scenarios.
Rising consumer focus on appearance and aesthetics is expected to propel the growth of hair accessories market in the future.
People take care of their hair, try on various haircuts and accessorize to look desirable, which increases the demand for hair care products. For example, according to Allergan 360, a US pharmaceutical company’s aesthetic report on the 2019 edition of Beyond Beauty, in the US, 62% of customers want to revive their appearance or make them look like a fresher version. of themselves, while 83% of consumers worldwide want to invest in their appearance.
Hence, growing consumer focus on appearance and aesthetics is driving the demand in the hair accessories market.
New product innovations are a key trend gaining popularity in the hair accessories market. Major companies operating in the hair accessories industry are focusing on developing new and innovative products to increase their market share.
For example, in July 2022, Diva Divine Hair, a premium hair extension retailer based in India, launched an affordable yet premium range of clip-in hair extensions, toppers, wigs and hair extensions. hair accessories. The products offered are made from 100% natural human hair, ranging from clip-in hair extensions that are easy to use and provide instant hair length and volume.
Hair toppers are available in different shapes and sizes. The Wigs collection is easy to apply and gives a natural look.
In November 2019, Henkel AG & Co., a German chemicals and consumer goods company, acquired Deva Parent Holdings Inc. for an undisclosed amount. Henkel would strengthen its presence in attractive and rapidly growing areas and categories and would also strengthen and complement the Hair Professional business. Deva Parent Holdings, Inc. is an American high-end professional hair care and accessories company.
The countries covered in the Hair Accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
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