The global human hair extension market size was valued at USD 3.71 billion in 2021 and touched USD 4.06 billion in 2022. Fortune Business Insights™ provides this information in its report titled “Human Hair Extension Market, 2022-2029.”
Declining Product Demand to Impede Industry Progress
The alarming spike in COVID-19 patients led to the imposition of stringent COVID-19 restrictions, thereby hindering manufacturing activities. This factor created supply chain disruptions.
Fortune Business Insights™ lists out all the human hair extension market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- GREAT LENGTHS (Italy)
- Balmain Hair Couture (France)
- Hairdreams Haarhandels GmbH (Austria)
- easihair pro (U.S.)
- Cap Srl (Italy)
- Beauty Industry Group Inc. (U.S.)
- Cinderella Hair Extension (U.S.)
- Hairlocs (U.S.)
- KLIX HAIR, INC. (U.S.)
- UltraTress (U.S.)
- Racoon International (U.K.)
- Hair Addictionz (U.S.)
- N. LONGLOCKS (U.S.)
- Viva Femina, Inc. (U.S.)
- Femme Extensions (U.S.)
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market.
Rising Female Audiences to Elevate the Female Segment’s Growth
to invest in beauty products.
As per sales channel, the market is classified into offline channel and online channel.
Regionally, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Increasing Prevalence of Hair Disorders to Enhance Market Progress
Firstly, These factors may drive the human hair extension market growth.
Rising Partnerships Between Firms to Augment Growth in North America
Thirdly, This factor may propel the market progress in the coming years.
Companies Set Up Shops in New Territories to Expand Consumer Base
Prominent companies operating in the market set up shops in different countries to expand their consumer base. This strategy may allow Mayvenn Inc. to expand its consumer base globally.
Key Industry Development
- October 2021: A Canadian manufacturer named Luxy Hair announced an artificial intelligence color match tool for simplifying and personalizing the hair extension process.