About Headband
Headband refers to a band worn around the head usually to keep hair back from your face. Headband consists of a loop of elastic material. Headband market is growing owing to increasing adoption among millennials as fashion statement and emergence of unisex headbands. Availability of headband in different sizes, price range and material such as fabric, plastic, leathers, and others expected to grow the market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Headband market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tapestry (United States), Kering S.A (France), Reebok (United States), Nike (United States), Puma (Germany), Adidas AG (Germany), Burberry Group PLC (United Kingdom), Chanel S.A. (France), Dolce & Gabbana (Italy), Mulberry (United Kingdom) and Tiffany & Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Giorgio Armani (Italy), Ralph Lauren (United States) and LVMH Group (France).
Segmentation Overview
AMA Research has segmented the market of Global Headband market by Type (Leather, Plastic, Fabric, Toothed, Novelty and Others), Application (Men, Women and Children) and Region.
On the basis of geography, the market of Headband has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Headband market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Unisex Headbands and Growing Adoption of Fabric Headbands
Market Growth Drivers:
Changing Lifestyle Standard Fueled by Rising Disposable Income, Availability in Various Shapes and Sizes Offer Wide Choices to Customers and Increasing Use of Headbands as Fashion Accessory
Challenges:
The dominance of Local Players’ Product and Developing Product with Long Lasting Elasticity
Restraints:
Adverse Effect on Hair with Its Frequent Use and The loss in Rigidity of Headbands Owing To Frequent Use Making It Unusable
Opportunities:
Rising Disposable Income in Low and Middle-Income Countries and Increasing Demand for Fabric Headband in Sport Industry
Market Leaders and their expansionary development strategies
In July 2023, Beacon Biosignals, the leading computational neurodiagnostics and electroencephalogram (EEG) analytics company, has acquired of the research and development business of Dreem, a Paris-based pioneer in at-home sleep monitoring. This strategic acquisition signifies a remarkable milestone, setting the stage for clinical trial assessments at scale via the integration of Dreem's clinically-validated hardware with Beacon's next-generation EEG analytics platform.
In November 2022, Home-grown consumer technology brand SENS on announced its new range of hearables, including true wireless earbuds and neckband earphones. In the TWS category, the company launched the Hendriks1, Hendriks 2, Cnatra 1 and Cnatra 2, and the Alvis1, MJ1 and MJ2 in the neckband category. All these audio devices are water-resistant, compatible with both iOS and Android devices, and support Google Assistant and Siri voice assistants.
Key Target Audience
Headband Manufacturers, Online/ Offline Retailers, Government Agencies, Market Research Firms, Research organizations, Consulting companies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.