Hair Accessories Market By Product (Clips & Pins, Wigs & Extensions, Head Bands, Elastics & Ties, and Others), By End User (Male, Female), By Sales Channel (Specialty Stores, Online, Hypermarkets/Supermarkets, Multi-Branded Stores, and Others (Direct Sales, etc.)), By Region, By Competition Forecast & Opportunities, 2024-2032F
Published on: 2024-11-03 | No of Pages : 320 | Industry : Consumer Goods and Retail
Publisher : MIR | Format : PDF&Excel
Hair Accessories Market By Product (Clips & Pins, Wigs & Extensions, Head Bands, Elastics & Ties, and Others), By End User (Male, Female), By Sales Channel (Specialty Stores, Online, Hypermarkets/Supermarkets, Multi-Branded Stores, and Others (Direct Sales, etc.)), By Region, By Competition Forecast & Opportunities, 2024-2032F
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD20.76 Billion |
| CAGR (2023-2028) | 7.9% |
| Fastest Growing Segment | Wigs & Extensions |
| Largest Market | Asia Pacific |
Market Overview
Key Market Drivers
Fashion Trends and Personal Style
Cultural Significance and Traditions
Rising Disposable Incomes and Aspirational Consumption
Influence of Social Media and Online Retail
Key Market Challenges
Supply Chain Disruptions and Raw Material Shortages
Changing Consumer Preferences and Sustainability Concerns
Competition and Market Saturation
Counterfeiting and Intellectual Property Issues
Key Market Trends
Sustainability and Eco-Friendly Materials
Inclusive and Diverse Designs
Digital Influencer Collaborations
Customization and Personalization
Segmental Insights
Product Insights
Sales Channel Insights
Regional Insights
Recent Developments
- In June 2021, Invisibobble announced a collaboration with Crayola, theglobal leader in innovative children's creative goods, to make limited editionaccessories.
- In January 2022, Claire's introduced same day click and collect in theUnited Kingdom and the United States. This strategic move aimed to enhance theshopping experience for customers by providing a convenient option forpurchasing and picking up their favorite hair accessories and fashion items quickly.
- In June 2021, Forever 21 partnered with Hudson's Bay, a Canadian luxurygoods department store company, Forever 21 is planned to have full-linecollections accessible at select Hudson's Bay shops as a result of thisarrangement. This solution is now offered in two physical locations, with plansto expand throughout Canada to attract more millennial and Gen Z buyers.