At 5.3% CAGR, the Middle East & Africa Hair Extension Market is Projected to be worth US$ 412.53 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa hair extension market was valued at US$ 272.91 million in 2022 and is expected to reach US$ 412.53 million by 2030, registering a CAGR of 5.3% from 2022 to 2030. Growth of the personal care and beauty industry is the critical factor attributed to the Middle East & Africa hair extension market expansion.

The beauty industry plays a pivotal role in the growth of the hair extensions market and has a direct impact on its demand. As consumers increasingly prioritize personal grooming and self-expression, they seek solutions to achieve their desired hairstyles and looks. Hair extensions offer a versatile option to enhance ones hair, whether for length, volume, or style change. This aligns with the broader trend of consumers investing in beauty products and services to enhance their appearance. Additionally, the beauty industry's continuous innovation in haircare products and styling tools complements the use of hair extensions. These innovations, such as heat styling tools and hair care products designed for use with extensions, improve the overall experience for users. Social media and beauty influencers also contribute significantly to the demand for hair extensions. Celebrities and online personalities frequently showcase different hairstyles achieved with extensions, inspiring followers to experiment with similar looks. Overall, the beauty industry's growth fosters an environment where consumers are more open to trying new hair extension products and styles, thus driving market demand. Its a synergy between the beauty industry's trends and the versatility and convenience that hair extensions offer in achieving desired hair aesthetics.

On the contrary, hair damage concerns surrounding hair extensions hurdles the growth of Middle East & Africa hair extension market.

Based on product type, the Middle East & Africa hair extension market is categorized into tape-in, fusion and pre-bonded, clip-in, and others. The clip-in segment held 52.6% market share in 2022, amassing US$ 143.58 million. It is projected to garner US$ 204.75 million by 2030 to expand at 4.5% CAGR during 2022-2030.

Based on source, the Middle East & Africa hair extension market is bifurcated into human hair and synthetic hair. The synthetic hair segment held 65.5% share of Middle East & Africa hair extension market in 2022, amassing US$ 178.70 million. It is projected to garner US$ 264.90 million by 2030 to expand at 5.0% CAGR during 2022-2030.

Based on distribution channel, the Middle East & Africa hair extension market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 56.4% share of Middle East & Africa hair extension market in 2022, amassing US$ 153.79 million. It is projected to garner US$ 234.84 million by 2030 to expand at 5.4% CAGR during 2022-2030.

Based on country, the Middle East & Africa hair extension market has been categorized into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 52.8% share of Middle East & Africa hair extension market in 2022. It was assessed at US$ 144.10 million in 2022 and is likely to hit US$ 196.79 million by 2030, exhibiting a CAGR of 4.0% during 2022-2030.

Key players operating in the Middle East & Africa hair extension market are Lullabellz, Hair Choice Luxury Hair Extensions, Ecotrade Europe Ltd, and Hairdreams Haarhandels GmbH, among others.

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