Hair Accessories Market was valued at USD 23.8 Billion in 2022 and is projected to reach USD 37.5 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The global hair accessories market was valued at approximately USD 22.4 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. This growth trajectory reflects a rising trend in the demand for innovative and fashionable hair accessories, driven by changing consumer preferences and increasing disposable income. The market's expansion is supported by the ongoing evolution in hair styling trends and a growing emphasis on personal grooming and aesthetics. Key segments within the market include hair clips, bands, pins, and scrunchies, each witnessing robust demand across various demographics.Emerging markets are presenting significant opportunities for growth, particularly in regions such as Asia-Pacific and Latin America, where increasing urbanization and fashion consciousness are bolstering market expansion. In these regions, the hair accessories market is experiencing accelerated growth due to rising middle-class populations and a burgeoning interest in beauty and personal care products. Additionally, the surge in online retail and e-commerce platforms is making hair accessories more accessible, further driving market growth. The shift towards sustainable and eco-friendly products is also opening new avenues for market players to explore, aligning with global trends towards environmental responsibility and ethical consumption.
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Henry Margu
Hairline Illusions
VIVICA A. FOX HAIR COLLECTION
Vixen Lace Wigs
Motown Tress
WigsCity
Diana Enterprise
LET€™S GET LACED
Premium Lace Wigs
Hengyuan
Jifawigs
Xuchang Shengyuan Hair Products
Qingdao Honor Wigs
Henan Ruimei Real Hair
Qingdao Jinda Hair Products
Wigsroyal Hair Products
Ginny Lace Wigs
Xuchang Mrs Hair Products
Qingdao YunXiang Hair Products
Qingdao Mike & Mary Hair
HairGraces
China Best Wigs
Jinruili
Pop Lace Wigs
Qingdao Human Wigs
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Hair Accessories Market
Personal Decoration
Commercial Decoration
Based on Types the Market is categorized into Below types that held the largest Hair Accessories market share In 2023.
Cloth Type
Metal Type
Plastic Type
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Hair Accessories Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Hair Accessories Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Hair Accessories Market, By Type
6. Global Hair Accessories Market, By Application
7. Global Hair Accessories Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Hair Accessories Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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