Hair Extension Market Scope
The global hair extension market is expected to witness high growth due to rising concerns regarding appearance. the hair extension is the type of artificial hair used to increase the length of the hair or increases the volume of the hair. The rise in income levels has pushed people to increase spend on personal grooming and beauty products, which, in turn, is boosting the end-user confidence to invest in personal grooming, including hair extensions. Middle-Class Population to Lead Market Demand, rising demand for beauty and lifestyle accessories and increased demand with social media as an enabler will act as a driver of the global market.
According to AMA, the Global Hair Extension market is expected to see growth rate of 4.5% Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Hair Extension market throughout the predicted period.
Great Lengths Universal Hair Extension SRL (Italy), Balmain (Netherlands), Hair Dreams (United States), Easihair (United States), Socap (United States), Donna Bella (United States), Cinderella (United States), Hairlocs (United States), Klix Hair Extension (United States) and UltraTress (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Racoon (United Kingdom), Hair Addictionz (United States) and VivaFemina (United States).
Segmentation Overview
The study have segmented the market of Global Hair Extension market by Type (Human Hair Extensions, Synthetic Hair Extensions and Animal Hair Extension) and Region with country level break-up.
On the basis of geography, the market of Hair Extension 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).
Influencing Trend:
Growing Demand due to Use as Alternative Hair Colour and High Adoption due to Online Distribution Channel
Market Growth Drivers:
Rising Demand due to Easy Availability and Increasing Demand from Entertainment Industry
Restraints:
Availability Of Cheaper Substitutes
Opportunities:
Increasing Consciousness about the Appearance
Key Target Audience
Hair Extension Manufactures, Hair Extension Suppliers, Hair Extension Distributors, Government Regulatory Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.