Industry Background:
Over the past few decades, a growing number of hair issues, such as baldness, hair restoration, the demand for hair extensions and high-quality artificial hair is growing. Artificial whiskers act as a supplement to human hair, moreover, it is used for the manufacturing of hairpieces and wigs for people with lack of head hair. It treats several issues such as baldness, length to the hair, hair fullness, hair restoration and many further. These hair extensions are generally clipped, sewed or stuck to natural human hair. Many cancer patients are suffering from hair loss is the most worrying and dreaded side effect of radiation treatment and chemotherapy. The growth of cancer patients is driving the demand for artificial hair in the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Wig USA, Inc (United States), Uniwigs(United States), IMTC Hair Factory (India), Newtimes Hair (China), I & K International (United Kingdom), Henan Rebecca Hair Products (China), Hair & Accessories Inc (United States), Wigs Online (Austria), HAIRUWEAR (United States), Perfect Label LLC (United States), Viva Femina, Inc (United States), Private Label Extension (Europe), Bio Takara (Indonesia), Barclay Wolf Hair Extension (United Kingdom) and Beauty Industry Group (United States) |
This growth is primarily driven by Growing Number of Expendable Livelihood among the Globe and Growing Efforts to Increase Physical Appearances.
Globally, a noticeable market trend is evident The demand for Synthetic Artificial Hair among Cancer Patient-
Major Vendors, such as Wig USA, Inc (United States), Uniwigs(United States), IMTC Hair Factory (India), Newtimes Hair (China), I & K International (United Kingdom), Henan Rebecca Hair Products (China), Hair & Accessories Inc (United States), Wigs Online (Austria), HAIRUWEAR (United States), Perfect Label LLC (United States), Viva Femina, Inc (United States), Private Label Extension (Europe), Bio Takara (Indonesia), Barclay Wolf Hair Extension (United Kingdom) and Beauty Industry Group (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Artificial hair market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products according to demand of customers to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
In May 2022, Beauty Industry Group hair solution provider acquired Bellami hair, a premium brand in hair extension and haircare category. this acquisition helped Beauty Industry Group to expand its presence in artificial hair market
In June 2022, Uniwigs launched latest collection of short hair wings by any color, texture to meet costumer's demand. different wigs launched in this collection are named as UNice Super Affordable Bob V Part Straight Wig, UNice Feather Bangs Natural Wave Bob Wig, Unice hair water wave bob wig. This launch helped Uniwigs to expand its market presence
Influencing Trend:
The demand for Synthetic Artificial Hair among Cancer Patient- and Intensifying Demand for Lifestyle Accessories and Beauty
Market Growth Drivers:
Growing Number of Expendable Livelihood among the Globe and Growing Efforts to Increase Physical Appearances
Challenges:
Rising Concern towards Using Artificial Hair and Adverse Effects by Using Artificial Hair
Restraints:
Stringent Government Rules Regarding Artificial Hair
Opportunities:
The Rising Expendable Livelihoods and Rapid Urbanization in Rising Economies Such As India and China Will Boost Sales in the Global Market.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Artificial Hair Market
- Analysis about New Entrants in Artificial Hair Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Artificial Hair Study Sheds Light on
The Artificial Hair Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Artificial Hair industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Artificial Hair industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.