The article cited AMA's Global Hair Accessories Market Study explored significant growth with CAGR of 3.31%. According to the report, Large Number of Manufacturers are Entering in Fashion Accessories Manufacturing Increasing Adoption of Hair Accessories in Men and Introduction to Fancy Accessories is one of the primary growth factors for the market. Rising Awareness about Hair Grooming across the Globe is also expected to contribute significantly to the Hair Accessories market. Overall, Personal Decoration applications of Hair Accessories, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Hair Accessories Market identified that the demand is rising in many different parts of the world due to "Growing Subscribers of Beauty Advice Websites and Magazines ". Furthermore, some recent industry insights like "In 2018, ACON Investments, L.L.C. has announced that it has signed a definitive agreement to buy Goody Products, Inc. which is an iconic manufacturer of hair styling tools and accessories from Newell Brands. The closing of the sale is subject to customary conditions, including regulatory approvals." is constantly making the industry dynamic. One of the challenges that industry facing is "Continuously Changing Consumer Preferences and Dominance of Local Dealers and International Trade Barriers"

The Distribution Channel, such as Direct Selling, is boosting the Hair Accessories market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Material, such as Cloth Type, is boosting the Hair Accessories market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Hair Accessories market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hair Accessories market and other related sub-markets covered in the study.

o Key & emerging players in the Hair Accessories market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Hair Accessories market size is calculated using market estimation process, the Hair Accessories market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hair Accessories market size has been validated using both top-down and bottom-up approaches.